Truck tonnage experienced its steepest declines since 2020 amid slowdowns across multiple sectors, American Trucking Associations announced.
April 18, 2023Logistics 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.
Truck Tonnage Falls 5% in March
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, 2023CMA 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, 2023UPS, 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, 2023Boeing’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. Â
April 14, 2023Port 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, 2023Brookfield 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, 2023House 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, 2023Get 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, 2023Boeing 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.
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