Freight: Page 61
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With rail volumes as a guide, economic outlook sours
Railroad volumes have been shakier in 2019 than 2018 after a tumultuous winter plagued by flooding in the Midwest and trade uncertainty as tariff threats come and go.
By Emma Cosgrove • July 8, 2019 -
Hapag-Lloyd to add 13K new reefers to its fleet
The new order brings the carrier's reefer capacity to 210,000 TEUs at a time when consumer demand has driven the need for more cold transport.
By Morgan Forde • July 8, 2019 -
Magnitude 7.1 earthquake closes roads in Southern California
Roads around the epicenter in Ridgecrest, California, reopened Saturday afternoon with temporary repairs, but more aftershocks are expected this week.
By Emma Cosgrove • July 8, 2019 -
Trucking demand, spot rates fall year-over-year in June
The sinking demand could be an important indicator of upcoming economic trends.
By Matt Leonard • July 8, 2019 -
Distributor Performance Food Group to acquire Reinhart Foodservice for $2B
PFG plans to keep Reinhart's 26 distribution centers open, expanding capacity and shortening trucking routes.
By Morgan Forde • July 2, 2019 -
$16.5M settlement in XPO misclassification suit gets preliminary approval
A federal judge approved the agreement last week. Payout amounts for 847 plaintiffs will be based on their time working with XPO.
By Matt Leonard • July 2, 2019 -
Hapag-Lloyd, ONE sign on to Maersk blockchain platform TradeLens
The platform now claims 60% of global shipping volume, dismissing concerns that arose when nine major ocean carriers and terminal operators agreed to develop a rival blockchain solution.
By Emma Cosgrove • July 2, 2019 -
Report: US could lose over 1.5M jobs to automation by 2030
A report from Oxford Economics estimates robotics and automation will hit manufacturing, logistics, maritime shipping and port operations the hardest over the next decade.
By Morgan Forde • July 1, 2019 -
Port of LA sued after canceling container hub agreement
The contract was reportedly aborted after the Harbor Performance Enhancement Center was unable to gain support from the local union.
By Matt Leonard • July 1, 2019 -
Deep Dive
What's next for logistics M&A?
DSV's friendly takeover of Panalpina and CMA CGM's offer for CEVA left many analysts wondering if this is the beginning of another wave of consolidation in logistics and transportation.
By Shefali Kapadia • July 1, 2019 -
HMM to join THE Alliance
The addition of HMM increases THE Alliance's total TEUs by roughly 11% but does not significantly change the ranking of the major ocean shipping alliances.
By Emma Cosgrove • July 1, 2019 -
LA City Council vetoes APM Terminals' automation permit
The permit will now go back to the Port of Los Angeles Harbor Commission which will look more closely at the economic impact.
By Matt Leonard • July 1, 2019 -
Moody's: With port automation comes political risk
"Managing the employment impact resulting from automation, without concessions that compromise the economic potential of the technology, remains a key challenge," the report said.
By Matt Leonard • June 27, 2019 -
NEXT Trucking expands drayage program at the Port of Long Beach
The app-based freight-matching company's Relay program means all drayage trucks complete dual transactions, dropping off one container and picking up another in a single trip to the port.
By Morgan Forde • June 27, 2019 -
Maersk Spot digital booking tool takes aim at cargo rollovers
The new solution seeks to break the "vicious cycle of overbookings" and simplifies what has been a lengthy paper-based process, the company said.
By Matt Leonard • June 25, 2019 -
FedEx disputes WSJ report of air freight rate cuts
The Wall Street Journal reported FedEx is cutting prices, offering two-day shipping for the same price as FedEx Ground to capitalize on future e-commerce parcel growth.
By Morgan Forde • Updated June 25, 2019 -
J.C. Penney and Macy's decry tariffs, warn of price hikes
Proposed import taxes would fall disproportionately on women, who are Penney's core shoppers, and would leave retailers with few short-term options.
By Ben Unglesbee • June 21, 2019 -
Report: 600K containers will have trackers by 2025
As cheaper, more scalable tracking technologies come on the market, maritime consulting firm SeaIntelligence predicts the "dam has burst" on the digitalization of container shipping.
By Morgan Forde • June 21, 2019 -
Port of LA Harbor Commission approves automation project despite union criticism
The fight isn't over as City Councilman Joe Buscaino plans to challenge the permit through a process known as "asserting jurisdiction."
By Matt Leonard • June 20, 2019 -
H&M 1st to trial Maersk's carbon neutral transport
Both companies are perceived as sustainability leaders in their industries and have set ambitious carbon reduction goals.
By Shefali Kapadia • June 20, 2019 -
FMCSA denies UPS' exemption request on trainer experience
The logistics company called new rules from the Federal Motor Carrier Safety Administration taking effect next February a "significant burden" and said the rules would "impede its ability to meet the demand for new drivers."
By Matt Leonard • Updated Dec. 9, 2019 -
Port of Oakland puts electric power, fleets at center of zero-emissions strategy
The 259-page plan provides a framework for changes that will take place over the next 30 years as the port seeks to operate on zero emissions.
By Matt Leonard • June 19, 2019 -
Shippers 'blow up their budgets' in 2018, spending on logistics up 11.4%
Carriers experienced higher costs in the form of wages and passed these on to shippers, according to a new report from the Council of Supply Chain Management Professionals (CSCMP) and A.T. Kearney.
By Matt Leonard • June 19, 2019 -
XPO Logistics pilots predictive analytics tool in LTL network
Semi- and fully-automated tools can identify areas where operational efficiency could be improved.
By Morgan Forde • June 18, 2019 -
Amazon Air adds 15 more aircraft
By 2021, Amazon will have 70 aircraft in its fleet, leveraging its own delivery network and decreasing its reliance on third-party carriers.
By Shefali Kapadia • June 18, 2019