Oil was little changed as investors weighed talks of higher Iranian supply against the prospect of a continued recovery in demand.
May 25, 2021Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Ocean Freight Forwarders
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Extras
Oil Wavers With Talks Resuming on Potentially Reviving Iran Deal
Amazon Sued by D.C. AG in Antitrust Suit Over Pricing
Amazon .com Inc. was sued by the attorney general for Washington, D.C., who accused the online retail giant of engaging in anticompetitive practices that have raised prices for consumers.
Ports on Both Coasts Continue Record-Setting Runs in April
The nation’s ports reported record container volumes in April as the U.S. economy continues its strong recovery from the COVID-19 pandemic.
XPO Logistics Announces SVP of Strategy for Spinoff GXO
XPO Logistics Inc. has appointed Angus Tweedie to be the senior vice president of strategy for its upcoming spinoff company GXO Logistics, the company announced May 19.
May 24, 2021Suez Canal’s Claim Over Once-Stuck Ship Referred by Court
CAIRO — An Egyptian appeals court said May 23 it lacks jurisdiction to look into the Suez Canal Authority’s demands to uphold financial claims that led to the seizure of the cargo ship that blocked the waterway in March.
Kansas City Southern Exits CP Deal, Takes CN’s $34 Billion
NEW YORK — Kansas City Southern has abandoned its agreement to be acquired by Canadian Pacific, choosing instead a competing bid from Canadian National Railway with a bigger price tag, but also greater regulatory risks.
May 21, 2021Largest Containership Hits East Coast as Ports See Surge
With the sun gleaming off the Manhattan skyline in the distance, the massive ship passed slowly underneath the Bayonne Bridge on the morning of May 20, tooting its horn to the delight of about two dozen onlookers on the bridge deck hundreds of feet up.
Likely Growth in Drone Deliveries Prompts NTSB to Expand Its Purview
The expected increase in commercial drone operations such as delivery flights is prompting accident investigators to expand the types of aviation crashes they plan to review.
Roads Busy Again After Pandemic Bring Risk, Experts Say
The nationwide lockdowns brought on by the pandemic cleared the roads of many passenger vehicles and helped truckers keep goods moving. However, as passenger cars gradually return, industry experts are considering how those pandemic-era roads affected safety and how drivers will respond once they start getting crowded again.
Daimler Truck Eyes Pending Independent Status in Electric World
Daimler Truck reported it is on schedule to be listed as a public company on the Frankfurt Stock Exchange by the end of this year, and remains committed to replacing internal combustion engines globally with battery-electric and fuel cell electric powertrains and related software.