Logistics

The Oakland City Council on July 20 approved a non-binding term sheet for a proposed waterfront ballpark at the Port of Oakland, yet neither trucking interests nor the Athletics baseball club was happy with the outcome.

More than six months into the economic recovery, the nation’s ports on the Pacific and Atlantic coasts continue to see record or near-record cargo loads, and port officials and economists forecast the substantial numbers likely will continue well into 2022.

Surging e-commerce is generating more package deliveries than giant couriers can handle, clogging retailers’ logistical pipelines and frustrating consumers. But the logjam is spawning startups with new ways of speeding deliveries.

J.B. Hunt Transport Services Inc. reported gains in profit and revenue for the second quarter of 2021.

The head of one of the largest U.S. gateways for trade said robust demand for imported goods likely will be sustained into 2022 as companies scramble to rebuild stockpiles during an uneven rebound from the pandemic.

Uber Technologies Inc. is accelerating its Uber Eats on-demand grocery delivery service in the U.S., more than doubling the cities where it’s available and partnering with a major grocer as the pandemic-fueled delivery competition heats up.

In order to facilitate freight movement, Kentucky Gov. Andy Beshear announced $500,000 in grants to support critical repair and equipment replacement efforts at five river ports.

Kansas City Southern, the Class I freight railroad much sought-after by two Canadian rivals, reported a second-quarter loss stemming in part from costs related to its impending merger.

A group of federal transportation representatives held a roundtable discussion with local leaders and supply chain executives July 15 to discuss congestion at the ports of Los Angeles and Long Beach.

FedEx Express Corp. on July 16 said it has entered into equity and commercial agreements with Delhivery, a logistics and supply chain services company in India, which will utilize their combined strengths to unlock India’s international trade potential.