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.
Spot Market Remains Suppressed Amid Stubborn Capacity
The trucking spot market has remained in a down cycle for more than a year as the number of trucks and drivers diminished — albeit at a slower rate than the decline in overall freight demand.
Could Free Shipping Be Coming to an End for Online Shoppers?
A Google search for “end of free shipping” churns out dozens of media and trade group reports. This time, however, consumer concerns may be warranted.
February 29, 2024FMC’s Maffei Highlights Supply Chain, Overseas Disruptions
President Joe Biden’s nominee to lead the Federal Maritime Commission told senators investing in infrastructure projects would continue to enhance supply chain connectivity.
Forward Air Reports 138% Earnings Drop for Q4
Forward Air Corp. experienced a 138% earnings drop year-over-year during the fourth quarter of 2023, the company reported Feb. 28.
EPA Announces $3 Billion in Clean Port Grants
The U.S. Environmental Protection Agency announced $3 billion in grants are available this year in a Clean Ports Program to pay for zero-emission port equipment and infrastructure.
Higher Container Volumes Signal Strong Start to New Year
The four major West Coast ports reported significantly higher volumes to open the new year.
USDOT's Camden on Freight Initiatives
USDOT Deputy Assistant Secretary Allison Dane Camden discusses the agency's freight initiatives that are in the works or being planned for the future.
February 28, 2024Contractor Passes IT Systems Test for Military Moves
The U.S. Transportation Command reported that the contractor for a multibillion-dollar military moving contract passed a test of its IT systems that had caused an implementation delay.
Knight-Swift Announces Executive Changes
Adam Miller has been appointed CEO at Knight-Swift Holdings Inc., succeeding David Jackson, who is stepping down after nine years as chief executive and 13 as president.
Canada to Invest in Revamp of Port Windsor Grain Terminal
Canada is investing up to $26.3 million to improve multimodal operations in Port Windsor in Ontario at a key grain terminal operated by U.S.-based Archer Daniels Midland Co. that handles corn, soya and canola.