As this year’s holiday shopping season ramps up, shipping industry experts say supply chain issues that plagued the season last year have alleviated, but there are other dynamics at play.
November 22, 2022Logistics 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.
Holiday Shopping Season Brings Hopes for Supply Chain Improvements
Analyst: Carriers Feeling Effects of Higher Operating Costs
DALLAS — Higher operating costs, more volatile market cycles and a shift from West Coast ports are characteristics of the post-pandemic freight market, according to an industry analyst.
November 21, 2022Norfolk Southern to Buy Cincinnati Rail Line for $1.62 Billion
Norfolk Southern Corp. agreed to acquire Cincinnati Southern Railway, tightening the company’s grip on a critical 337-mile line it already operates under a lease agreement.
November 21, 2022Carriers Feeling Cheery About On-Time Holiday Deliveries
The nation’s major shipping companies are in the best shape to get holiday shoppers’ packages delivered on time since the start of the pandemic, suggesting a return to normalcy.
November 21, 2022December Strike Possible as Rail Union Rejects Labor Deal
The possibility of a nationwide freight rail strike beginning as early as Dec. 9 moved one step closer when the union SMART-TD, one of the largest in contract talks with the six Class I freight carriers, turned down a tentative agreement negotiated in mid-September by Labor Secretary Marty Walsh and other officials.
November 21, 2022Judge Orders Amazon to Stop Retaliations Against Organizers
A federal judge has ordered Amazon to stop retaliating against employees engaged in workplace activism, issuing a mixed ruling that also hands a loss to the federal labor agency that sued the company earlier this year.
November 21, 2022Trucking M&A Activity Heads Toward Year-End Boost
The trucking and logistics industries could be headed for another year-end boost in merger and acquisition activity.
November 21, 2022Engineers Ratify, but Conductors Split on Rail Labor Contract
Railroad engineers accepted their deal with the railroads that will deliver 24% raises but conductors rejected the contract, casting more doubt on whether the industry will be able to resolve the labor dispute before December’s deadline.
November 21, 2022Karmak Acquires Truckmore to Bolster Digital Truck Dealer Services
Business management services provider Karmak Inc. on Nov. 16 announced the acquisition of truck dealer technology company Truckmore.
November 21, 2022Some Owner-Operators Return to Fleets as Spot Market Softens
A surge in spot market rates that led some truck drivers to leave fleet jobs and go into business for themselves has cooled off, bringing with it a downturn in the number of drivers striking out on their own, industry data shows.
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