CMA CGM SA CEO Rodolphe Saade said the world’s third-largest container line has reached new supply deals in China and an investment in a French online media company.
April 6, 2023Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
CMA CGM’s CEO Forges Ahead With China, Media Deals
Rep. Rick Crawford Talks Truck Parking, IIJA Oversight
The likelihood of Congress advancing parking-centric legislation meant to assist truck drivers in the country is increasing.
Shippers Advance 3PL Focus Post-Pandemic
The shipper community continues to increase its use of third-party logistics providers in the aftermath of the pandemic and major technological changes.
Spot Rate Bottom Unclear Amid Capacity, Demand Mix
Excess capacity in the spot market amid weakening demand has raised uncertainty over whether rates have actually hit bottom.
FedEx to Merge Ground, Express Units
FedEx Corp. will combine nearly all of its ground, air and other operations by June 2024 as part of a $4 billion cost-cutting initiative, the company announced April 5.
Monroe Container Port to Move Michigan Autos, Agriculture
Michigan’s first container terminal is rising in Monroe, potentially positioning the state to grow its supply chain, support auto manufacturing and move the state’s agricultural goods.
Some CSX Conductors to Be First With Sick Time
OMAHA, Neb. — A group of CSX conductors will soon become the first train crew employees at one of the major U.S. freight railroads to have paid sick time.
Walmart’s Job Cut Tally Tops 2,000 in E-Commerce
Walmart Inc.’s job cuts at five U.S. e-commerce fulfillment centers will affect more than 2,000 positions, according to regulatory filings.
Distraction, Speeding, Alcohol Drive Up 2021 Traffic Deaths
DETROIT — Nearly 43,000 people died in U.S. traffic crashes in 2021, the highest number in 16 years, with deaths due to speeding and impaired or distracted driving on the rise.
Penske Announces Kris-Way Truck Leasing Acquisition
Penske Truck Leasing announced March 30 that it has reached an agreement to acquire Kris-Way Truck Leasing Inc.
April 3, 2023