UPS Inc. will raise prices 5.9%, to take effect on Dec. 26.
September 8, 2023Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
UPS to Raise Average Prices by 5.9%
Two Flexport Executives to Leave After CEO’s Abrupt Exit
Flexport Inc. executives Teresa Carlson and Darcie Henry are leaving the company, both hired during the tenure of CEO Dave Clark, who unexpectedly departed on Sept. 6.
STB Rule May Help Boost Competition for Railroad Shipments
OMAHA, Neb. — Companies that have plants served by only one railroad may soon be able to get a bid from another railroad if their service is bad enough under a new rule that was proposed Sept. 7.
Biden Will Nominate Michael Whitaker as Next FAA Chief
President Joe Biden will nominate Michael Whitaker to lead the Federal Aviation Administration after his first choice withdrew in March after facing opposition from Republican senators.
Trucking Experts Prepare for Lackluster Peak Season
Trucking industry experts are expecting a modest peak shipping season due to freight demand and inventory trends as consumer preferences have shifted back to services from goods.
Flexport Founder Ryan Petersen to Return as CEO
Flexport CEO Dave Clark is abruptly leaving the startup after a year, making way for the return of founder Ryan Petersen and highlighting pressure on startups in the logistics industry.
New York’s Port of Oswego Wins $4 Million Federal Grant
Secretary of Commerce Gina Raimondo has announced a $4 million economic development grant to New York’s Port of Oswego to buy new cargo-handling equipment and improve rail infrastructure.
Jaxport to Buy Two Ship-to-Shore Cargo Cranes
Florida state legislators have given Jacksonville Port Authority officials a $30 million check to purchase two new ship-to-shore container cranes for the Blount Island Marine Terminal.
TFI Buys Tank Truck Specialist Vedder in Ninth Deal of 2023
TFI International Inc. acquired tank transport specialist Vedder Transportation Group, the company said, in what was its ninth acquisition so far in 2023.
AI Fused With Trade Data Could Smooth Clunky Supply Chains
The dawn of artificial intelligence tools like ChatGPT may revolutionize the way data can be used to ferret out risks and opportunities in the $32 trillion global trading system.