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.
Exports Boosted US Shale Market, but Long-Term Demand Uncertain
These past five years could very well go down as the best years that U.S. shale oil exporters will ever see.
ABF Freight President Tim Thorne Announces Retirement Plans
The president of less-than-truckload fleet ABF Freight will retire later this year after more than three decades with the carrier, parent company ArcBest announced.
January 11, 2021Winter LNG Boom Creates Most Expensive Cargo Ships in History
An unprecedented shortage of liquefied natural gas tankers has made them the most expensive ships ever hired to ferry commodities.
Chips Shortage Hits Global Automakers
A semiconductor shortage is pinching some of the world’s biggest auto manufacturers, costing Daimler AG, Nissan Motor Co., Honda Motor Co., Ford Motor Co. and Fiat Chrysler Automobiles NV production for a range of cars.
January 8, 2021FHWA Awards Grant Supporting AV Truck Project at Port of Virginia
The Federal Highway Administration recently awarded $49.6 million to support projects that incorporate transportation-related technologies.
The JZ Expedited Cos. Eyes Expansion of Site in Jacksonville
The JZ Expedited Cos. announced it secured a first right of refusal to develop an additional 45-acre parcel as it seeks to expand its inland marine terminal business model in Jacksonville, Fla.
Amware CEO Outlines Moulton Logistics Acquisition
Amware Fulfillment CEO Harry Drajpuch detailed Jan. 5 how the recent acquisition of Moulton Logistics helps bolster ongoing growth strategies.
US Imports No Saudi Crude Oil for First Time in 35 Years
The U.S. didn’t import any Saudi crude the week of Dec. 28 for the first time in 35 years, a reversal from just months ago when the Kingdom threatened to upend the American energy industry by unleashing a tsunami of exports into a market decimated by the pandemic.
Maersk Says Record Shipping Rates Unlikely to Have Peaked Yet
A.P. Moller-Maersk A/S, the world’s largest container carrier, is working at full capacity and can’t yet see a peak in freight rates that have already been propelled to record highs by pandemic consumer spending.
Amazon Makes First Aircraft Purchase to Expand Delivery Network
Amazon .com Inc. is buying 11 used Boeing 767-300 planes, the first time the online retail giant has purchased, rather than leased, aircraft for its fast-growing air cargo operation.