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.
April Tonnage Down 11.3% Year-Over-Year
April truck tonnage declined 11.3% compared with year-ago levels, the steepest year-over-year decline since 2009, American Trucking Associations reported.
Comcar Industries Declares Bankruptcy
Comcar Industries announced May 17 it is filing for Chapter 11 bankruptcy protection and plans to sell its five operating companies as part of the legal process.
FedEx, Microsoft Join Forces for Package Shipping
FedEx Corp. and Microsoft Corp. are teaming up to provide commercial shipping customers with early warnings of delays from weather, traffic and other mishaps, giving the courier and the software maker another weapon as each competes with Amazon .com Inc.
Slump at US Ports Continues in April
The slump at the nation’s ports continued in April as 20-foot-equivalent container (TEU) volumes were down, in some cases by double digits when compared with 2019.
Daimler Halts SUV Production at US Plant Over Mexico Parts Delays
Daimler AG is suspending production at a Mercedes-Benz SUV plant that was one of the first in the U.S. to reopen due to a shortage of parts supplied from Mexico.
FMCSA Publishes Final HOS Rule, Granting Flexibility to Drivers
The Federal Motor Carrier Safety Administration has published its long-awaited final rule on changes to hours-of-service regulations in a move intended to increase flexibility for truck drivers.
UPS Adds Indiana Airport to Cargo Network
The Gary/Chicago International Airport Authority on May 13 approved a long-term lease and easement access agreement with UPS Inc. that will allow the company to begin express air shipment operations later this year.
Titanium Reports Revenue, Net Income Grow in Q1
Titanium Transportation Group reported solid revenue growth and a profit gain in the first quarter.
Container Shipper Maersk Warns of 25% Volume Slump
The world’s largest container line is bracing for a historic slump in demand after emergency lockdowns across the globe left international trade in tatters.
FMCSA Extends HOS Emergency Declaration for Second Time
The Federal Motor Carrier Safety Administration has again extended its emergency declaration relaxing hours-of-service rules for motor carriers that are providing direct assistance in support of coronavirus-related relief efforts.