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, 2022Search
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Stellantis Has Glut of Cars Stuck at Plant on Logistics Troubles
Stellantis NV has thousands of cars stuck at its Sochaux plant in eastern France as logistics problems that impacted the maker of Peugeot 3008 SUVs last quarter persist.
November 22, 2022East Coast Ports Continue to Gain Business Amid Concerns Over West Coast Labor Talks
Ongoing concern about labor and management talks regarding two separate contract negotiations and a slowing U.S. economy resulted in a big drop in container volume at two of the nation’s biggest ports on the Pacific Coast.
November 22, 2022ATA Truck Tonnage Index Up 2.8% in October
Truck tonnage in October increased compared with year-ago levels but declined on a month-to-month basis, a sign that the freight market is reacting to economic and consumer trends, American Trucking Associations said.
November 22, 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, 2022Analyst: 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, 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, 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, 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, 2022