The bottlenecked ports in Los Angeles face a narrow window between now and midyear to clear container backlogs before another import surge and union contract talks threaten to stall progress moving record volumes of cargo through the busiest U.S. gateway for trade.
February 22, 2022Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Narrow Window to Clear Clogged L.A. Ports Hinges on Demand Waning
Truckload Sector Sees Continued Strength in Q4
The truckload sector continued to experience a strong pricing environment during the fourth quarter amid marginal fleet growth.
Elon Musk’s Boring Co. Submits Plan for North Miami Beach Tunnel
Elon Musk’s Boring Co. is seeking to build an underground loop around North Miami Beach for Tesla vehicles, the latest idea to help address traffic in an ever-growing part of Florida with limited public transportation.
Gas, Grocery Price Hikes Spur States to Pursue Tax Relief
Rapidly climbing inflation in the U.S. is accelerating calls from governors and state leaders to provide immediate tax relief to cash-strapped residents facing higher prices on everyday products such as gas, milk and electricity.
Trucker Turned Politician Proposes Bill Honoring Alaska’s Drivers
An Alaskan state senator and professional driver is sponsoring Truck Driver Appreciation Day legislation to permanently recognize truckers for their service.
DHL Express Sues City Over Possible Lockout at San Antonio Airport
International shipping services provider DHL Express has operated at San Antonio International Airport for more than 30 years, but it’s facing a possible lockout over an alleged lease violation.
Senators Propose Fuel-Tax Holiday Amid Funding Debate
Congressional lawmakers are proposing measures that include a suspension of the federal gas tax to stave off soaring prices at the pump, and are considering other remedies to ease inflationary price increases as Congress averted a federal government shutdown by passing a short-term spending measure.
Ryder Reports Q4, Full-Year Revenue Growth
Vehicle leasing and rental company Ryder System Inc. on Feb. 16 reported strong fourth-quarter and full-year 2021 earnings that easily exceeded Wall Street analysts’ expectations.
Watchdogs Pledge Crackdown on Global Supply Chain Collusion
Companies that use global supply chains to cover up collusion and criminal conduct could face fines equivalent to 10% of their revenue.
Hirschbach to Acquire John Christner Trucking
Hirschbach Motor Lines on Feb. 16 announced that it will acquire Sapulpa, Okla.-based refrigerated carrier John Christner Trucking.