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24
Jan
FedEx, UPS discounts expected to soften blow of 2024 rate hikes
Category: Air Freight, Contract Logistics, ...
The ground parcel rate per package in Q1 is projected to decline year over year, according to the TD Cowen/AFS Freight Index.
24
Jan
West Coast ports snag market share from rivals, Los Angeles port chief says
Category: Air Freight, Contract Logistics, ...
More normal cargo volume levels are expected for 2024, according to executive director Gene Seroka.
24
Jan
CPKC chief executive sees intermodal growth opportunity in Panama
Category: Air Freight, Contract Logistics, ...
With drought conditions limiting canal shipping traffic, rail offers an option to keep containers moving.
24
Jan
Dry van freight contracts fall to lowest average in years
Category: Air Freight, Contract Logistics, ...
Sluggish freight demand is starting to recover, ACT Research noted.
23
Jan
Tesla plans parts distribution center in South Carolina
Category: Air Freight, Contract Logistics, ...
The facility is expected to be completed in early 2024, aligning with its growing EV market.
23
Jan
Port Everglades cargo volumes rise 3% YoY in November
Category: Air Freight, Contract Logistics, ...
The ports processed a total of 83,878 total TEUs, reflecting the first YoY increase for the fiscal year.
23
Jan
Amazon promotes transportation exec to lead logistics network
Category: Air Freight, Contract Logistics, ...
Udit Madan has been named VP of worldwide operations at the e-commerce giant, succeeding John Felton.
23
Jan
GXO to cease operations at Georgia facility
Category: Air Freight, Contract Logistics, ...
The closure, which will impact 69 employees, was filed days before another WARN letter notifying layoffs in Tennessee.
23
Jan
ADM to expand soybean traceability pilot ahead of EU deforestation regulations
Category: Air Freight, Contract Logistics, ...
The grain trader said it completed its first shipments of “verified, fully traceable soybeans” from the U.S. to Europe.
22
Jan
Stardust Power to build lithium refinery in Oklahoma
Category: Air Freight, Contract Logistics, ...
The company plans to turn the facility into a hub for its domestic supply chain.
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