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.
Tonnage Declines 8.3% Year-Over-Year in July, ATA Index Shows
Truck tonnage in July declined a seasonally adjusted 8.3% when compared with year-ago levels, and on a monthly basis was down 5.1% from June, according to ATA.
Postmaster General Louis DeJoy to Appear Before Senate Over Mail Delays
Backlash mounting, President Donald Trump’s embattled Postmaster General Louis DeJoy will appear Aug. 21 before the Senate to testify on mail delivery delays and service changes that lawmakers and others are warning could imperil the November election.
FedEx Joins UPS, USPS in Adding Fees as Holiday Delivery Surge Looms
FedEx Corp. is joining a rush to apply extra holiday fees on high-volume shippers as couriers brace for a new jump in residential deliveries during the year-end peak season.
US Housing Starts Surge by Most Since 2016, Permits Climb
U.S. home construction starts increased in July by more than forecast and applications to build surged by the most in three decades, indicating builders are responding to robust housing demand fueled by record-low interest rates.
Jennifer Polli to Step Down as Trac Intermodal CEO
Trac Intermodal on Aug. 17 announced that President and CEO Jennifer Polli is leaving the company and will be succeeded by Daniel Walsh, formerly of XPO Logistics.
New York Politicians, Voters Sue Trump Over USPS Funding
A group of voters and candidates for office in New York sued President Donald Trump and Postmaster General Louis DeJoy to ensure enough funding and staffing so that absentee and mail-in ballots are counted the same as in-person ballots.
Black Horse Carriers Joins Penske’s Electric Vehicle Program
Penske Truck Leasing announced that dedicated fleet services company Black Horse Carriers has joined its electric vehicle program.
August 17, 2020Pelosi Calls House Back Into Session to Vote on Postal Bill
Speaker Nancy Pelosi is calling the House back into session over the crisis at the U.S. Postal Service, setting up a political showdown amid growing concerns that the Trump White House is trying to undermine the agency ahead of the election.
US Seizes Four Iranian Tankers Carrying Fuel to Venezuela
The U.S. seized four tankers carrying Iranian gasoline bound for Venezuela in an unprecedented move by the Trump administration that carries the potential to destabilize global oil shipments if Iran retaliates.
US Industrial Production Up 3%; Factory Output Rises 3.4%
American industry continued to regain ground lost in the coronavirus recession last month, but production remains well below where it was before the pandemic struck.