Venture capitalists have poured billions into companies in the latest pandemic delivery craze: companies that promise food or toiletries in 30 minutes or less. But experts say they are unprofitable and officials in some cities are complaining about how they operate, saying it’s bad for employees and residents.
April 19, 2022Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Truck Tonnage Rises 3.8% in March
March truck tonnage rose 3.8% compared with year-ago levels, and also posted a first-quarter gain over the same period in 2021, American Trucking Associations reported.
Rising Freight Rates Put Heavy Burden on Grain-Importing Nations
The war in Ukraine will put further pressure on grain-importing countries in Africa and Asia as a reduced number of vessels for delivering cargoes drives up shipping rates, according to the head of the International Chamber of Shipping.
Walmart Will Run Forklifts on ‘Green’ Hydrogen in Plug Power Deal
Plug Power Inc.’s bid to become a major supplier of carbon-free hydrogen just won the backing of one of the company’s oldest customers: Walmart Inc.
J.B. Hunt Reports Jump in Revenue for Q1
J.B. Hunt Transport Services Inc. experienced a 33% increase in revenue year-over-year for the first quarter of 2022, the company reported April 18.
STB Approves Pan Am Railways Merger With CSX
Pan Am Railways, Maine’s largest rail operator, will merge with Jacksonville, Fla.-based CSX Transportation, the fourth-largest rail transportation company in the U.S.
XPO to Open LTL Terminals in California, Georgia
XPO Logistics Inc. will expand its less-than-truckload network with the openings of two terminals, the company announced April 18.
April 18, 2022After Removing 500 Containers, Ever Forward Moves Forward
BALTIMORE — A containership the length of more than three football fields has finally been pried from the muddy bottom of the Chesapeake Bay more than a month after it ran aground.
April 18, 2022Texas Halts Inspections That Led to Border Gridlock
AUSTIN, Texas — Texas Gov. Greg Abbott on April 15 repealed his traffic-clogging immigration order that backed up commercial trucks at the U.S.-Mexico border, after a week of intensifying backlash and fears of deepening economic losses.
ATA Calls on Texas Governor to Stop ‘Senseless Inspections’
The head of American Trucking Associations is calling on Texas Gov. Greg Abbott to end the truck inspection initiative he recently launched at the state’s border with Mexico, chastising the plan for the crippling effect it is having on the economy, and trucking in particular.