Freight: Page 96
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Industry Pulse: July could be the start of the shipping cycle's upturn
An upturn in rates to the U.S. East Coast suggests demand may be starting to catch up to supply.
By Edwin Lopez • July 24, 2017 -
Deep Dive
Logistically Minded: ATA forecasts strong freight growth through 2023
Meanwhile, the logistics industry is preparing for sustained growth through a renewed focus on acquisitions.
By Edwin Lopez • July 21, 2017 -
CSX tells shippers to expect more delays as Precision Railroading takes effect
Since Hunter Harrison became CEO in March, the railway has been working to implement "precision scheduled railroading," which may disrupt supply chains as the railway adjusts to the changes.
By Kate Patrick Macri • July 21, 2017 -
Grupo Mexico successfully acquires Florida East Coast Railway
Grupo Mexico, which already owns a 26% stake in Union Pacific, now has another holding to help its clients transport goods within the U.S.
By Edwin Lopez , Jennifer McKevitt • July 20, 2017 -
CMA CGM partners with Seatrade, Marfret for dedicated reefer service
The demand for perishable products is booming, spurring ocean carriers to find new ways to increase cold chain capacity.
By Jennifer McKevitt • July 19, 2017 -
FedEx attributes record annual results success to e-commerce
FedEx beat market expectations for Q4 2017, and the logistics provider attributes success to its swift adaption to the demands of e-commerce.
By Kate Patrick Macri • July 19, 2017 -
ELD mandate faces new opposition in Congress
Various initiatives seek to modify, study or delay the rule's implementation through legislation focusing on regulatory costs.
By Jennifer McKevitt • July 19, 2017 -
Industry Pulse: Strong traffic volumes in May solidify rail industry's rebound
Freight's spring is on its way as strong volume growth combines with efficiency initiatives to improve the industry's revenues.
By Edwin Lopez • July 17, 2017 -
Cathay Pacific chooses DHL as its 3PL for the next decade
The airline hopes DHL will help streamline its supply chain and cut its losses after several years of unsuccessful fuel hedging.
By Jennifer McKevitt , Kate Patrick Macri • July 17, 2017 -
FedEx collaborates with Boeing on ecoDemonstrator initiative
To meet holiday demand, FedEx will take possession of the Boeing 777 in advance of sustainability tweaks.
By Jennifer McKevitt • July 12, 2017 -
Maersk petitions FMC for filing exemption because of cyberattack
Still reeling from the Petya attack two weeks ago, Maersk announced that its IT systems are so damaged it can't file with the FMC.
By Jennifer McKevitt , Kate Patrick Macri • July 12, 2017 -
The image by Paul Nelhams is licensed under CC BY-ND 2.0
FAA to award $230M in airport improvement grants
This announcement comes on the heels of a June outlay of $527.8 million for improvements at 574 airports across the U.S.
By Kim Slowey • July 11, 2017 -
Drewry: Ocean carriers' 'big wave' of consolidation is over
Minor, regional acquisitions are still on the table but other large deals would have trouble passing muster with global regulators, according to the firm.
By Edwin Lopez • July 11, 2017 -
Cathay Pacific may acquire DHL's share of Air Hong Kong
Cathay's buyout of DHL's Air Hong Kong may provide regained balance in the competitive Chinese passenger plane market.
By Jennifer McKevitt • July 11, 2017 -
Industry Pulse: Air freight surges in May, but has growth reached its peak?
The IATA believes the shipper rush to restock inventory is over, yet continued ocean cargo disruptions may keep inflating demand.
By Edwin Lopez • July 10, 2017 -
Survey: Logistics professionals struggle to implement mobile technology
Adopting IoT technology can help a logistics company keep pace with the industry.
By Jennifer McKevitt • July 10, 2017 -
Japanese lines open ONE holding company, operating office
Despite various pending regulatory approvals, the Japanese lines are moving full speed with their plan to begin operations by April 2018.
By Jennifer McKevitt • July 10, 2017 -
Diesel fuel taxes rise in 6 states
Frustrated state lawmakers raise gas taxes to begin infrastructure repair, signaling the initiative may no longer be politically unpalatable.
By Jennifer McKevitt • July 10, 2017 -
COSCO buys OOCL for $6.3B
With OOCL's assets, the Chinese shipping line would become the third-largest global ocean carrier, overtaking CMA CGM.
By Edwin Lopez • July 9, 2017 -
BIMCO addresses cybersecurity issues with new guidelines
After the sweeping NotPetya attack, the maritime council is challenging companies to adhere to new cybersecurity guidelines to reduce risk.
By Jennifer McKevitt • July 7, 2017 -
Train length increases in effort to keep costs down, efficiency up
The rail industry — still recovering from a recession — seems to have taken a tip from ocean carriers in relying on larger trains for efficiency, but will this also lead to a decline in customer service?
By Edwin Lopez , Jennifer McKevitt • July 7, 2017 -
Japanese lines celebrate after EU approves joint venture
Despite a deferred decision from the U.S. and rejection from South Africa, K Line, NYK and MOL said they had received all approvals necessary to begin the joint venture.
By Edwin Lopez • July 5, 2017 -
Industry Pulse: Strong growth set to raise truckload prices in 2017
A rising tide lifts all boats. Or in this case, a strong economy is beginning to translate into higher truckload prices, according to data from Cass Information Systems.
By Edwin Lopez • July 5, 2017 -
Maersk's Nyetya recovery highlights impact of global cyberattacks
The global malware attack hit companies across sectors, hindering logistics companies just as much as chocolate factories. More than a week after Nyetya, organizations are still working to recover.
By Naomi Eide • July 5, 2017 -
Spain's port strikes end as parties reach new deal
A few details must still be resolved, but the dockworkers have called off all planned strikes as employers guaranteed 100% retention despite a 10% salary drop.
By Edwin Lopez • June 30, 2017