FedEx Corp. said June 7 it wouldn’t renew its U.S. air-delivery contract with Amazon.com, paring a key customer relationship as the largest online retailer deepens its foray into freight transportation.
June 7, 2019Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
FedEx Won’t Renew Amazon’s US Air-Delivery Contracts
Trump Sees ‘Good Chance’ of Deal With Mexico to Avert Tariffs
President Donald Trump said there’s a “good chance” the United States will reach agreement to avert imposing trade tariffs on Mexico slated to take effect June 10, and that the deal would require the country to buy more U.S. agricultural products.
Mexico Tariff Would Have ‘Significant’ Negative Impact, Ford Says
Ford Motor Co. would feel a serious impact if tariffs are levied on the cars, engines and transmissions it imports from Mexico, but a top executive at the automaker expressed optimism the trade dispute can be resolved without lingering damage.
GSA to Assess Environmental Impact of Proposed Border Facility Project
The General Services Administration intends to study the environmental impact of a project that would involve the construction of inspection facilities geared toward truck and bus traffic moving across the U.S.-Mexico border. The project is a partnership with the Federal Motor Carrier Safety Administration.
Amazon Poised to Test Drone Deliveries Powered by Artificial Intelligence
Amazon.com Inc. has unveiled a revolutionary new drone — part helicopter and part science-fiction aircraft — that the company expects to use for test deliveries of toothpaste and other household goods starting within months.
Officials Monitor Damage as Floods Continue to Devastate Transportation Systems and Farms
Federal officials continue to monitor central states that have been rocked by severe storms, which have damaged infrastructure and saturated swaths of farmland.
Baltimore’s Tradepoint Atlantic Intermodal Facility Transforms Old Bethlehem Steel Site
In 2014, Tradepoint Atlantic bought the waterfront Sparrows Point in Baltimore site for a bargain-basement price of $110 million. It’s now being turned into what will be more than a $2 billion multimodal facility serving the East Coast and Midwest.
Exports, Imports Plummet as US Trade Deficit Narrows
The U.S. trade deficit narrowed in April as exports and imports tumbled, highlighting the impact of President Donald Trump’s tariffs even before negotiations with China unraveled and he threatened levies on Mexican goods.
Wilson Logistics Acquires Market Transport and Larger West Coast Portfolio
Wilson Logistics said it has purchased Market Transport, a DSV Global Transport and Logistics subsidiary.
Port Tampa Bay Finishes Deepening, Hopes for More Cargo
Port Tampa Bay completed a $63 million expansion of its Big Bend Channel a year ahead of schedule, port officials said, as the Sunshine State eyes grabbing more freight from shippers while serving a growing distribution corridor in Central Florida.