To avert a railroad strike projected to cost the economy $2 billion daily, the U.S. House of Representatives on Nov. 30 passed a bill outlining a labor agreement between rail carriers and workers.
November 30, 2022Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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House Passes Rail Deal, Senate to Schedule Vote
Railroads Wind Down Hazardous Shipments Amid Strike Risk
U.S. railroads have begun curtailing shipments of hazardous chemicals ahead of a potential nationwide strike by workers, according to a major trade group representing oil refiners and petrochemical companies.
November 30, 2022Kroger, Albertsons CEOs Face Senate Questions Over Merger
Senators pressed the CEOs of Kroger Co. and Albertsons Cos. on Nov. 29 about whether their proposed $24.6 billion deal to create a supermarket giant will benefit consumers in an era of rising inflation.
Signs of a Slowdown as M&A Activity Nears End of Busy 2022
The trucking industry continued to experience strong acquisition activity this year, but there may be some signs of softening heading into next year.
Cyber Monday Sales on Track to Break Record Despite Inflation
U.S. shoppers spent $11.3 billion on Cyber Monday, a robust showing that suggests steep discounts attracted inflation-stung shoppers.
Government Poised to Intervene in Freight Rail Fight
With a Dec. 9 deadline looming to reach an agreement on a nationwide freight rail contract, President Joe Biden is asking Congress to intervene in the dispute, which threatens to severely damage the U.S. economy.
Wreaths Across America Gears Up for Dec. 17 Event
An estimated 2.5 million wreaths will be delivered from Maine to more than 3,700 cemeteries during Wreaths Across America's annual event Dec. 17.
Shipping Prices Fall in Inventory Glut, Upping Broker Deals
U.S. trucking is entering a tumultuous period that will likely reshape the $875 billion industry. Shipping rates that spiked during disruptions caused by the pandemic have plummeted as inventory gluts across the U.S. lowered demand.
Experiment Shows AI in Connected Cars Eased Rush Hour Congestion
As millions of people travel the interstates this Thanksgiving, many will encounter patches of traffic at a standstill for no apparent reason — no construction or accident. Researchers say the problem is you.
Virginia Captures Key Warehousing, Distribution Center Ventures
Beating out other states, Virginia snagged two warehousing and distribution center ventures worth $289 million for a logistics park and a port.