Cold and ice is set to sweep Texas, raising the risk of power outages and boosting energy demand in what will be the biggest test to the state’s electric grid since last year’s catastrophic blackouts.
February 2, 2022Logistics 50 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
Texas Braces for Deep Freeze With All Eyes on Power Grid
Port of Oakland Plans Pop-Up Terminal for Ag Exports
Beginning in early March, the Port of Oakland, with the help of the U.S. Department of Agriculture, will set up and operate a 22-acre, multimillion-dollar pop-up container yard specifically for agricultural exports.
ArcBest Reports Strong Q4, Year on High Demand
ArcBest Corp. reported record profits and revenue for the fourth quarter and the full year thanks to surging freight demand.
UPS Surges After 2022 Forecasts Exceed Wall Street’s Estimates
UPS Inc. on Feb. 1 announced record fourth-quarter and full-year financial results, as online holiday shopping boosted home parcel deliveries while an increase in medical shipments kept the company’s drivers and trucks busy.
PennDOT Officials: Bridge’s ‘Poor’ Rating Didn’t Warrant Closure
PITTSBURGH — The bridge that collapsed in Pittsburgh Jan. 28 showed deterioration during a September inspection that was not bad enough to require its closure, the Pennsylvania Department of Transportation said Jan. 31.
DHL Invests in Robots to Automate Warehousing in North America
DHL Supply Chain is investing $15 million in robotics solutions from Boston Dynamics to further automate its warehousing in North America, the Westervillle, Ohio, company announced Jan. 26.
January 31, 2022Qatar Airways Orders 50 Boeing 777X Freighters
Boeing Co. formally launched its 777X freighter as Qatar Airways committed to purchasing up to 50 of the wide-body cargo haulers, kicking off sales of the planemaker’s first new jet program in nearly five years.
Boeing’s Aging Cargo Line Risks Losing Dominance to Airbus
The air cargo business, booming as never before during the global pandemic, is massively dominated by Boeing jets that make up most of the worldwide air freighter fleet. Yet there is a threat to that dominance.
‘Tens of Millions’ of COVID Tests Are in the Mail
About 60 million households in the U.S. have ordered at-home COVID-19 tests from the federal government and “tens of millions” of tests have been shipped out by the U.S. Postal Service, according to White House spokeswoman Karine Jean-Pierre.
Canadian Pacific Says Weather, KCS Merger Affected Q4 Results
Severe winter weather along part of its network and increased costs with the proposed merger of Canadian Pacific Railway with Kansas City Southern impacted fourth-quarter financial results.