Logistics News

About Logistics News...

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.
 

Business, Logistics, Breaking News

Truck Tonnage Falls 5% in March

Truck tonnage experienced its steepest declines since 2020 amid slowdowns across multiple sectors, American Trucking Associations announced.

April 18, 2023
Business, Logistics

J.B. Hunt Posts Lower Earnings, Revenue in Q1

J.B. Hunt Transport Services President Shelley Simpson noted the trucking industry has entered a freight recession while discussing first-quarter results April 17.

April 18, 2023
Business, Technology, Equipment, Safety, Logistics, Global Freight

CMA CGM Offers to Buy Bolloré Logistics for $5.5 Billion

Maritime transport giant CMA CGM SA has entered exclusive talks to buy Bolloré SE’s logistics arm for an enterprise value of 5 billion euros ($5.5 billion).

April 18, 2023
Business, Logistics, For-Hire, TCA

UPS, Teamsters Poised for Massive Contract Talks

High-stakes negotiations could start April 17 between the Teamsters and package delivery giant UPS that could have far-reaching reverberations.

April 14, 2023
Business, Equipment, Logistics

Boeing’s Parts Issue Stifles 737 Max Deliveries

Boeing Co. is pausing deliveries of some 737 Max jets to address a production issue on the rear end of some aircraft.  

April 14, 2023
Business, Logistics

Port of L.A.’s Seroka: No Contingency Plans for Strike

Port of Los Angeles Executive Director Gene Seroka said April 12 that there are no contingency plans if labor negotiations turn into a work stoppage or strike.

April 13, 2023
Business, Logistics

Brookfield Infrastructure to Buy Triton in $4.7 Billion Deal

Brookfield Infrastructure Partners agreed to buy Triton International, the world’s largest owner of intermodal shipping containers, for $4.7 billion.

April 12, 2023
Business, Technology, Safety, Logistics

House Lawmakers’ Bill Targets Shipping Operations

Enhancements to the connectivity and security of the nation’s supply chain are proposed in legislation recently introduced in the U.S. House of Representatives.

April 12, 2023
Government, Logistics, TCA

Get Ready to Pay More for a Stamp in July

The U.S. Postal Service is set to raise the cost of a first-class stamp from 63 cents to 66 cents, effective July 9.

April 12, 2023
Business, Equipment, Logistics

Boeing Overtakes Airbus in Plane Deliveries

Boeing Co. delivered more jets in a single quarter than its archrival Airbus SE for the first time since mid-2018.

April 11, 2023