WASHINGTON — President Joe Biden announced March 11 the U.S. will dramatically downgrade its trade status with Russia as punishment for its invasion of Ukraine and also ban imports of Russian seafood, alcohol and diamonds.
March 11, 2022Logistics 50 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
US Slashes Russia Trade Status
Yellow Reaches Settlement With DOJ
Yellow Corp. has reached a settlement with the Department of Justice over allegations dating back to 2005 that the company overcharged the federal government while shipping items for the Department of Defense.
Ceva, Kodiak Launch Autonomous Deliveries to Oklahoma
Ceva Logistics announced it teamed up with autonomous commercial vehicle technology company Kodiak Robotics Inc. to deliver freight autonomously between Dallas-Fort Worth and Oklahoma City, expanding on an existing relationship.
March 9, 2022XPO to Split LTL, Freight Brokerage Businesses
XPO Logistics is creating two new, stand-alone, publicly traded companies in the less-than-truckload and tech-enabled brokered transportation sector, the company announced March 8.
Port of Virginia Attracts Industrial Development
A California industrial real estate developer will begin construction this spring on two facilities totaling almost 1 million square feet near the Hampton Roads port terminals in Virginia.
Amazon Stops Sending Products to Russia
Amazon .com Inc. says it has stopped shipping products sold on its retail website to customers based in Russia and cut off access to its video streaming service there.
Congress Passes Bill to Shore Up Postal Service
WASHINGTON — Congress on March 8 passed legislation that would shore up the U.S. Postal Service and ensure six-day-a-week mail delivery, sending the bill to President Joe Biden to sign into law.
MSC Event Kicks Off With Focus on Workforce Strategies
ORLANDO, Fla. — The inaugural annual meeting of the Moving & Storage Council of American Trucking Associations honored a longtime leader in the sector, and featured a look ahead at how all transportation fleets can deal with the ongoing shortage of truck drivers.
Port of Baltimore Announces Expansion
The Port of Baltimore on March 7 announced it is expanding container business at its Seagirt Marine Terminal as the Israeli-based ZIM Shipping Line will begin calls at the facility this summer.
March 8, 2022Penske Automotive Group Acquires Canadian Firm Team Truck Centres
Penske Automotive Group has acquired London, Ontario-based Team Truck Centres, a retailer of medium- and heavy-duty Freightliner and Western Star commercial trucks.
March 4, 2022