A.P. Moller-Maersk expressed caution about any fast return to shipping through the Red Sea, after the Yemen-based Houthis signaled a pause in their attacks on commercial vessels.
January 17, 2025Logistics 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.
Maersk Cautious About Quick Return to Red Sea
NYC Commuters Can Dodge Traffic With $95 Helicopter Rides
Well-heeled workers that live in the New York City suburbs will soon have a lofty path to avoiding gridlock en route to their Manhattan offices.
January 16, 2025Buttigieg Reflects on Legacy of Infrastructure Improvements
"While this administration is coming to a close, the work that we have launched will be generating good jobs, good livelihoods and good outcomes for years and years to come," Buttigieg said.
January 16, 2025Truckload Rate Outlook for 2025 Softens, Remains Positive
FTR expects contract truckload rates to increase 2.2% on a full-year basis in 2025, adding that by the end of 2025, contract rates will be rising 5% year on year.
January 15, 2025Walgreens Shares Soar 28% After Sales Beat Forecasts
Revenue came to $39 billion for the fiscal quarter ended in November, driven by higher prices for branded drugs and prescription volumes at the company’s U.S. retail pharmacy division.
January 10, 2025Stellantis Pauses Key Decisions, Awaits Trump Policies
The automaker hasn’t decided where to build certain new vehicles such as the replacement for the Jeep Cherokee midsize SUV, which ceased production in the key segment in 2023.
January 10, 2025Cargo Ship Runs Aground in Delaware River Near Philadelphia
The Coast Guard was called to the scene around 6:30 p.m. Jan. 8 when the Algoma Verity — a 623-foot long bulk carrier — ran aground just north of the Ben Franklin Bridge.
January 9, 2025Trucking Costs Could Rise $93M Per Year During Bridge Repair
The closure of the Francis Scott Key Bridge in March is set to increase the mid-Atlantic trucking industry’s operating costs by $92.8 million in 2025, according to researchers.
January 9, 2025Cass Buys Ocean, Airfreight Audit Specialist AcuAudit
Cass Information Systems bought ocean and international airfreight audit provider AcuAudit for an undisclosed sum from Acuitive Solutions, it said.
January 8, 2025Dothan Warehouse to Add More Temperature-Controlled Storage
Dothan Warehouse in Alabama is investing $5.2 million to expand its temperature-controlled storage space to meet rising demand after selling its frozen facility to Vertical Cold Storage.
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