Logistics

A.P. Moller-Maersk A/S withdrew its bid for DB Schenker, the logistics unit of Deutsche Bahn AG that has been reported to be valued at more than $16.1 billion.

Salem Carriers is to begin using two Freightliner eCascadias to service some of Daimler Truck North America’s inbound logistics needs in the Carolinas, the companies said June 25.

The trucking industry experienced its first increase in tonnage this year in May, American Trucking Associations reported June 18. 

U.S. ports posted a mixed bag of results for May, with certain facilities seeing volume gains while some of the nation’s largest saw container traffic decline.

Congressional Democrats on the transportation committees are pressing for approval of rail safety legislation after an investigation of a high-profile freight train derailment in Ohio.

Amazon.com Inc. plans to launch an online storefront for low-priced apparel and home goods, the company’s biggest move to date to counter the rise of discount upstarts like Temu and Shein.

EAST PALESTINE, Ohio — The head of the National Transportation Safety Board said Norfolk Southern tried to interfere with the agency’s investigation into the East Palestine derailment.

Dozens of U.S. industry associations urged the White House to help restart talks between East and Gulf coast dockworkers and port operators, saying a strike is the last thing the economy needs.

FedEx Corp. forecast profit above Wall Street’s expectations and said it would buy back $2.5 billion of its stock over the next year.

From a high level, a bill of lading is a required document to move a freight shipment. The bill of lading is legally binding and provides the driver and the carrier with all the details needed to process and invoice the freight shipment correctly.