A semiconductor shortage is pinching some of the world’s biggest auto manufacturers, costing Daimler AG, Nissan Motor Co., Honda Motor Co., Ford Motor Co. and Fiat Chrysler Automobiles NV production for a range of cars.
January 8, 2021Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Dedicated Contract Carriers
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Extras
Chips Shortage Hits Global Automakers
FHWA Awards Grant Supporting AV Truck Project at Port of Virginia
The Federal Highway Administration recently awarded $49.6 million to support projects that incorporate transportation-related technologies.
The JZ Expedited Cos. Eyes Expansion of Site in Jacksonville
The JZ Expedited Cos. announced it secured a first right of refusal to develop an additional 45-acre parcel as it seeks to expand its inland marine terminal business model in Jacksonville, Fla.
Amware CEO Outlines Moulton Logistics Acquisition
Amware Fulfillment CEO Harry Drajpuch detailed Jan. 5 how the recent acquisition of Moulton Logistics helps bolster ongoing growth strategies.
US Imports No Saudi Crude Oil for First Time in 35 Years
The U.S. didn’t import any Saudi crude the week of Dec. 28 for the first time in 35 years, a reversal from just months ago when the Kingdom threatened to upend the American energy industry by unleashing a tsunami of exports into a market decimated by the pandemic.
Maersk Says Record Shipping Rates Unlikely to Have Peaked Yet
A.P. Moller-Maersk A/S, the world’s largest container carrier, is working at full capacity and can’t yet see a peak in freight rates that have already been propelled to record highs by pandemic consumer spending.
Amazon Makes First Aircraft Purchase to Expand Delivery Network
Amazon .com Inc. is buying 11 used Boeing 767-300 planes, the first time the online retail giant has purchased, rather than leased, aircraft for its fast-growing air cargo operation.
Lineage Logistics Acquires Refrigerated Rail Company Cryo-Trans
Cold-storage specialist Lineage Logistics is branching into rail.
Manufacturers Rethink Supply Chains, Eye Reshoring After Events of 2020
A trade war with China and the disruptive effects of the COVID-19 pandemic have U.S. companies starting to question a decades-old strategy of shifting manufacturing operations to low-cost labor markets in China and other Asian nations.
XPO Finishes Acquisition of Kuehne + Nagel’s European Logistics
XPO Logistics has completed its acquisition of the majority of Swiss firm Kuehne + Nagel’s European logistics, the company announced Jan. 4.
January 4, 2021