The Port of Long Beach once again saw record-breaking cargo numbers in August, port officials said Sept. 12.
September 13, 2024Logistics 50 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
On the Bubble
Port of Long Beach Hits 113-Year High in Cargo for August
Loose Electrical Cable Found on Ship That Hit Key Bridge
BALTIMORE — Investigators working to pinpoint the cause of Baltimore’s Francis Scott Key Bridge collapse discovered a loose cable that could have caused electrical issues on the Dali.
DSV Buys DB Schenker for $15.9B, Creating Logistics Giant
DSV, founded by 10 Danish truckers in the 1970s, has grown through a string of acquisitions in the fragmented transport industry, including buying targets that were larger than itself.
Amazon to Boost Contract Driver Pay to Nearly $22 an Hour
Amazon.com Inc. plans to spend an additional $2.1 billion on its contract delivery program, including safety programs, training and additional pay for the contracting firms.
FMC Chairman Breaks Down Post-Pandemic Supply Chain
FMC Chairman Daniel Maffei said the COVID-19 pandemic brought heightened awareness to supply chain issues and revealed what was working — and what wasn’t — across global shipping lanes.
Industry Leaders Praise FLOW for Improving Freight Predictions
The transportation sector can better forecast freight trends when companies share information, according to stakeholders of an initiative aimed at facilitating that exchange.
FTR: Truckload Spot Rates to Rise 6.5-7% in 2025
FTR Transportation Intelligence expects truckload spot rates to rise 6.5-7% in 2025, Vice President of Trucking Avery Vise said in a presentation.
Norfolk Southern Fires CEO Alan Shaw
Norfolk Southern said Sept. 11 it has fired CEO Alan Shaw for having an inappropriate relationship with a subordinate.
DSV Reported to Be in Advanced Talks to Buy DB Schenker
DSV A/S is in advanced talks to acquire Deutsche Bahn AG’s logistics unit DB Schenker in a $15.4 billion deal, people with knowledge of the matter said.
IANA Applauds Outgoing President Joni Casey
LONG BEACH, Calif. — The Intermodal Association of North America kicked off its annual exhibition Sept. 10 by recognizing the accomplishments of outgoing President Joni Casey.