Global Freight

About Global Freight News...
Business, Safety, Logistics, Global Freight

Maersk Raises Profit Outlook

A.P. Moller-Maersk, a bellwether for global trade, said the world’s supply lines are more impacted than previously expected by the ripple effects coming from the congestion in the Red Sea.

Christian Wienberg | Bloomberg News
June 4, 2024
Business, Technology, Autonomous, Global Freight

Einride Becomes Peterbilt’s Biggest BET Customer

Einride will buy 150 Model 579EV battery-electric trucks from Peterbilt, the truck maker’s biggest EV order so far, the companies said.

Keiron Greenhalgh | Staff Reporter
June 3, 2024
Government, Business, Safety, Logistics, Global Freight

Ships Diverted From Red Sea Send Ripple Effects Across Globe

Nearly six months into the Houthis’ relentless campaign to protest Israel’s war in Gaza, the economic fallout is widening.

Brendan Murray | Bloomberg News
June 3, 2024
Government, Business, Technology, Logistics, Autonomous, Private, Global Freight

Amazon to Expand US Drone Service

Amazon.com’s Prime Air drone program has been cleared by regulators to fly devices beyond the visual line of sight of pilots, increasing range and giving more customers access to the service.

Lynn Doan | Bloomberg News
May 30, 2024
Business, Logistics, Global Freight

Some Shipping Container Costs Hit $10,000

Companies transporting goods from Asia face costs of as much $10,000 for an urgent full-size shipping container over the next month — about double current spot rates.

Brendan Murray | Bloomberg News
May 29, 2024
Business, Logistics, Global Freight

Trade Strains Boost Ocean Shipping Cargo Rates

Global goods trade is showing signs of accelerating after last year’s slump, pushing up shipping rates and giving some supply chain managers flashbacks to the demand spike three years ago.

Brendan Murray | Bloomberg News
May 28, 2024
Business, Private, Global Freight

Walmart Delivers Strong First Quarter

NEW YORK — Walmart Inc. reported another quarter of strong results May 16 as its low prices pull in shoppers scouring for discounts with inflation stubbornly high.

Anne D’Innocenzio | Associated Press
May 16, 2024
Business, Logistics, Private, Global Freight

Amazon Workers Say They Struggle to Afford Food, Rent

Five years after Amazon.com Inc. raised wages to $15 an hour, half of warehouse workers surveyed by researchers say they struggle to afford enough food or a place to live.

Matt Day | Bloomberg News
May 15, 2024
Business, Technology, Equipment, Fuel, Logistics, Private, Global Freight

Amazon Chooses Volvo VNR Electric as First Class 8 BET in US

E-commerce giant Amazon.com Inc. plans to deploy 47 Volvo VNR Electric tractors across its Southern California operations, its first Class 8 battery-electric trucks.

Keiron Greenhalgh | Staff Reporter
May 14, 2024
Business, Logistics, Global Freight

Maersk Sees Improved Prospects for Global Container Trade

A.P. Moller-Maersk A/S, a bellwether for global trade, said a strong start to the year has improved the outlook for container trade demand worldwide.

May 2, 2024