As Hurricane Helene’s floodwaters recede, truckers are ensuring supplies reach those in need.
October 8, 2024Logistics 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.
60 Seconds: Trucking Industry Accelerates Hurricane Helene Relief Efforts
Wyoming Wildfires Prompt Emergency Livestock Transport
With wildfires still threatening Wyoming’s landscape and livestock, Gov. Mark Gordon has renewed two emergency orders to streamline the transportation of animals and their feed.
October 8, 2024J.B. Hunt to Back Freight, Logistics Startup Incubator
The venture aims to launch up to six startups over the next three years, beginning in 2025, to address core strategic challenges within the transportation industry.
October 8, 2024Rivian Faces Delays, Cuts Production After Supplier Misstep
Rivian miscalculated when communicating supply and demand needs with Essex, its sole supplier of what are essentially copper wires that carry the electric current inside EV motors.
October 7, 2024LNG Ships Divert to Europe on Wider War Fears
Liquefied natural gas cargoes are diverting away from Asia to Europe after fears of a wider war in the Middle East sent benchmark Dutch prices rallying.
October 7, 2024STG Logistics Cuts Debt Deal That Upends Creditor Ranks
Oaktree Capital Management-backed STG Logistics reached a deal with a group of lenders that overhauls its debt stack and allows them to jump ahead of peers in the repayment priority line.
October 4, 2024Maersk Expects IMO to Approve Global CO2 Levy in 2025
Shipping giant A.P. Moller-Maersk A/S expects the industry’s global regulator next year to approve a charge on vessels’ greenhouse gas emissions.
October 4, 2024Global Shipping Stocks Sink After Dockworkers Pause Strike
Shipping stocks slumped worldwide after a strike by U.S. dockworkers was suspended after only three days, spurring predictions of a decline in the price of transporting goods by sea.
October 4, 2024Cargo Theft Experts Warn of Peak Season Fraud
The trucking industry expects an uptick in cargo theft activity, related to peak shipping season, on top of already elevated conditions, experts warned.
October 4, 2024Port Strike Sparks High Demand for Toilet Paper at Retailers
During visits to Costco stores in northern New Jersey, Oppenheimer analyst Rupesh Parikh said his team “observed behaviors similar to the start of the pandemic.â€
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