FedEx Corp. CEO Fred Smith said during a television appearance that he doesn’t expect his company to seek assistance from the federal government to survive the economic downturn being caused by the spread of COVID-19.
March 22, 2020Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Ocean Freight Forwarders
No rankings are available for this year.
Extras
American West Announces Acquisition of Innovative Delivery Systems
American West Worldwide Express closed the acquisition of furniture delivery-service Innovative Delivery Systems, the company announced March 16.
March 23, 2020FedEx’s Fred Smith: It’s Unlikely Company Will Need Federal Help
Truck Drivers, Logistics Personnel Deemed ‘Essential’ in Security Memo
An updated guidance memo issued by the director of the Cybersecurity and Infrastructure Security Agency clearly identifies truck drivers and related logistics personnel as “essential employees” helping the nation attempt to slow the spread of the coronavirus.
Ports Seek Emergency Aid as Business Plummets
The leadership of the Port Authority of New York and New Jersey is seeking $1.9 billion in federal assistance, joining the growing list of ports asking Washington for aid as the coronavirus wreaks havoc on business at those facilities.
With Drop in Passengers, American Airlines Starts Cargo-Only Flights
To “help keep business moving” during an unprecedented drop in demand because of the COVID-19 pandemic, the Fort Worth, Texas-based airline is sending cargo-only loads to Europe with mail, medical supplies, electronics and e-commerce packages.
A COVID-19 Supply Chain Shock Born in China Is Going Global
The world’s supply chains are facing a root-to-branch shutdown unlike any seen in modern peacetime as efforts to contain the coronavirus outbreak hit everything from copper mines in Peru to ball bearing makers in Germany’s industrial heartland.
March 20, 2020After Mixed Financial Results in 2019, 3PLs Face Coronavirus Headwinds
Coming off an extraordinary growth market in 2018, third-party logistics companies operating in the United States experienced a more mixed year in 2019.
Surge in Shopping Puts Pressure on Labor, Supply Chain for Grocers
Consumer demand for food and household goods has surged with the continued spread of the novel coronavirus.
DHL Highlights Top Trends for Packaging
The biggest emerging trends in packaging are stemming from e-commerce, customer interaction, the in-store experience and sustainability, according to DHL Supply Chain.
UPS Helping With Coronavirus Testing Sites
UPS Inc. is joining a Trump administration effort to bring mobile coronavirus testing to several U.S. cities, the company announced March 16.