A combination of the Lunar New Year, and concerns over labor talks and a slowing global economy resulted in a 43% drop in container cargo at the Port of Los Angeles in February.
March 20, 2023No rankings are available for this year.
Extras
Container Volumes Fall at Most US Ports
Maersk Sells Last Major Energy Asset
A.P. Moller-Maersk A/S has finally found a buyer for its last major energy-division asset after putting it up for sale seven years ago, allowing it to complete a historic transformation into a pure transport operator.
Ports of L.A., Long Beach Join Bid to Be Hydrogen Fuel Hub
The Los Angeles and Long Beach ports want to be part of a statewide clean hydrogen hub, through which they would get funding to test usage of the fuel to power trucking and terminal equipment.
Five Questions for Nicole White
Odyssey Logistics & Technology's chief information officer heads global technology strategy and IT operations.
March 17, 2023Incentivizing Driver Excellence
To remain competitive in a challenging labor market, trucking companies and fleet operators are exploring performance-based pay models to help boost driver retention and recruiting.
FedEx Boosts Profit Forecast, Cites Cost Cuts as Effective
FedEx Corp.’s shares jumped the most in nine months after the courier boosted its profit outlook, signaling efforts to cut costs are helping counter a decline in package volume.
House Lawmakers Introduce Bill to Protect Moving Privacy
Legislation meant to safeguard certain identifiable information of individuals moving internationally was recently introduced in the U.S. House of Representatives.
Kansas City Southern’s Sale to Canadian Pacific Approved
The Surface Transportation Board approved the merger of Canadian Pacific Railway and Kansas City Southern Railroad in the nation’s first major rail merger since 1998.
Railroads Warned About Car Flaw That Could Cause Derailments
OMAHA, Neb. — U.S. railroads were warned to take certain cars out of service March 9 after Norfolk Southern discovered loose wheels on a car involved in last weekend’s derailment in Ohio.
Trucking Critical to Port of Milwaukee’s New Export Facility
The Port of Milwaukee’s new $40 million agricultural maritime export facility not only marks its largest cash infusion since the 1950s, but also will open doors to more overseas markets using its multimodal infrastructure.