Logistics
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
KLLM Transport Services Acquires Quest Global
Temperature-controlled truckload carrier KLLM Transport Services has acquired refrigerated transporter Quest Global Inc., the companies announced July 14.
July 15, 2022FourKites Reports Chinese Ports Recovery, but Elevated US Transit Times
While Chinese ports are close to recovering, transit times to the United States have remained elevated, according to supply chain visibility company FourKites.
Railroad Workers Being ‘Ground to Dust,’ AFL-CIO Head Says
Efforts by national freight rail carriers to increase efficiency are having the opposite effect, a union official said July 12. Demoralized workers are leaving the industry, causing delays and damage to the national supply chain, said Greg Regan, president of the Transportation Trades Department of the AFL-CIO.
Amazon Prime Day Pushed Web Sales Up 8.5% to $11.9 Billion
Online spending in the U.S. rose 8.5% to $11.9 billion during Amazon.com Inc.’s two-day Prime Day promotion, according to Adobe Inc., helping boost traffic on competing sites such as Walmart.com and Target.com that held their own sales.
Port Envoy Lyons Faces Logistics, Labor Challenges
The new federal port envoy said he is “very optimistic” about the progress being made to unkink the nation’s seaports and supply chain.
White House Won’t Yet Step Into Rail, Port Talks
The White House is monitoring labor talks in the logistics industry as unions representing 115,000 rail workers and 22,000 West Coast dockworkers negotiate fresh contracts, but won’t get directly involved in either bargaining process now, its supply chain envoy said.
Truckers Protest AB 5 Law at Three California Ports
Truckers servicing the California port gateways of Los Angeles, Long Beach and Oakland staged protests July 13 as state-level labor rules that change their employment status begin to go into effect, creating another potential choke point in stressed U.S. supply chains.
Averitt Announces Pay Increases for Drivers
Cookeville, Tenn.-based Averitt Express announced July 13 it was raising pay for its less-than-truckload drivers as well as providing a new guaranteed weekly minimum for its regional and flatbed drivers and a shorter waiting period in receiving benefits coverage for its new hires.
Ocean Shipping Rates Begin to Decline
Transpacific shipping costs have fallen by 53% in the past three months.
US Inflation Quickens to 9.1%, Amping Up Fed Pressure to Go Big
U.S. inflation accelerated in June by more than forecast, underscoring relentless price pressures that will keep the Federal Reserve on track for another big interest-rate hike later in July.