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Logistics News
Government, Business, Logistics

STB Rule May Help Boost Competition for Railroad Shipments

OMAHA, Neb. — Companies that have plants served by only one railroad may soon be able to get a bid from another railroad if their service is bad enough under a new rule that was proposed Sept. 7.

Josh Funk | Associated Press
September 8, 2023
Government, Logistics

Biden Will Nominate Michael Whitaker as Next FAA Chief

President Joe Biden will nominate Michael Whitaker to lead the Federal Aviation Administration after his first choice withdrew in March after facing opposition from Republican senators.

David Koenig | Associated Press
September 7, 2023
Business, Logistics, Top 100

Trucking Experts Prepare for Lackluster Peak Season

Trucking industry experts are expecting a modest peak shipping season due to freight demand and inventory trends as consumer preferences have shifted back to services from goods.

Connor D. Wolf | Staff Reporter
September 7, 2023
Business, Technology, Logistics

Flexport Founder Ryan Petersen to Return as CEO

Flexport CEO Dave Clark is abruptly leaving the startup after a year, making way for the return of founder Ryan Petersen and highlighting pressure on startups in the logistics industry.

Spencer Soper | Bloomberg News
September 7, 2023
Government, Equipment, Logistics

New York’s Port of Oswego Wins $4 Million Federal Grant

Secretary of Commerce Gina Raimondo has announced a $4 million economic development grant to New York’s Port of Oswego to buy new cargo-handling equipment and improve rail infrastructure.

Noël Fletcher | Staff Reporter
September 7, 2023
Government, Business, Equipment, Logistics

Jaxport to Buy Two Ship-to-Shore Cargo Cranes

Florida state legislators have given Jacksonville Port Authority officials a $30 million check to purchase two new ship-to-shore container cranes for the Blount Island Marine Terminal.

Noël Fletcher | Staff Reporter
September 6, 2023
Business, Logistics

TFI Buys Tank Truck Specialist Vedder in Ninth Deal of 2023

TFI International Inc. acquired tank transport specialist Vedder Transportation Group, the company said, in what was its ninth acquisition so far in 2023.

Keiron Greenhalgh | Staff Reporter
September 6, 2023
Government, Technology, Logistics, Global Freight

AI Fused With Trade Data Could Smooth Clunky Supply Chains

The dawn of artificial intelligence tools like ChatGPT may revolutionize the way data can be used to ferret out risks and opportunities in the $32 trillion global trading system.

Bryce Baschuk | Bloomberg News
September 5, 2023
Government, Business, Logistics

Montana Seeks Longer Canadian Border Hours for Trucks

Montana’s Wild Horse border crossing into Canada must remain open 24 hours to handle higher truck traffic, declared a letter to President Joe Biden and Prime Minister Justin Trudeau.

Noël Fletcher | Staff Reporter
September 5, 2023
Business, Logistics

Barge Freight Rates Surge as Mississippi River Levels Drop

The cost to transport America’s harvest from the Midwest to the rest of the world is soaring as shrinking water levels on the Mississippi River drive up barge freight rates.

Tarso Veloso | Bloomberg News
August 31, 2023
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