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Logistics News
Government, Business, Logistics

Port Strike Sparks High Demand for Toilet Paper at Retailers

During visits to Costco stores in northern New Jersey, Oppenheimer analyst Rupesh Parikh said his team “observed behaviors similar to the start of the pandemic.”

October 3, 2024
Business, Logistics, Global Freight

DSV Starts $5.5 Billion Share Sale for DB Schenker Takeover

DSV received commitments from investors for more than half of a $5.5 billion sale of new shares as the Danish freight-forwarding company finances its takeover of DB Schenker.

Christian Wienberg | Bloomberg News
October 3, 2024
Government, Business, Logistics

Biden Urges Dockworkers, USMX to Resume Talks

President Joe Biden ratcheted up pressure on U.S. port employers and shipping lines to restart talks with striking dockworkers, warning that the unfolding strike could turn into a “man-made disaster.”

October 3, 2024
Government, Business, Logistics

IANA Appoints Anne Reinke as New President and CEO

Reinke will officially step into the role at the end of the year, succeeding Joni Casey, who is retiring after 27 years of service.

October 3, 2024
Business, Logistics, For-Hire, Private

Amazon, Target and Other Retailers Ramp Up Holiday Hiring

Retailers are ramping up hiring for the holiday season, but fewer seasonal employees are expected to be taken on this year to help customers in stores and assemble online orders in warehouses.

Haleluya Hadero | Associated Press
October 3, 2024
Business, Logistics, Global Freight

Deutsche Bahn Approves Logistics Unit Sale to DSV

DSV won approval to buy Deutsche Bahn’s logistics unit for $15.8 billion, overcoming resistance from German labor unions and late attempts by a rival bidder to derail the deal.

October 3, 2024
Government, Business, Logistics

Why Biden Says He Won't Invoke Taft-Hartley in Port Strike

According to the Congressional Research Service, about half the time that presidents have invoked Section 206 of Taft-Hartley, the parties worked out their differences.

Paul Wiseman | Associated Press
October 2, 2024
Government, Business, Logistics

Businesses Weigh Fallout From Dockworkers Strike

As day one of the dockworkers strike unfolded, economists were trying to quantify the damage from the supply chain disruption caused by the closure of 36 ports.

October 2, 2024
Business, Logistics, Global Freight

DB Schenker Sale Faces Decisive Vote

Deutsche Bahn AG’s planned 4.3 billion-euro ($15.8 billion) sale of its logistics arm is facing a decisive vote Oct. 2.

October 2, 2024
Government, Logistics

Congress to Finalize Transportation Funds After Elections

When lawmakers return to Washington after the November elections, their priority will be finalizing bills to fund operations at the U.S. Department of Transportation and other agencies.

Eugene Mulero | Senior Reporter
October 1, 2024
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