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Spot Rates Have Peaked, Some Shipping Lines Say

One of the world’s biggest shipping lines has decided to stop increasing spot freight rates on routes out of Asia to Europe and the U.S. as it sees an end to the rally that has put prices at record highs.

September 14, 2021

Kroger, Instacart Target 30-Minute Grocery Delivery

Kroger Co. and Instacart unveiled a new home-delivery service in which the companies will drop off food and household staples in as little as 30 minutes.

September 14, 2021

Storms From Texas to China Set to Worsen Global Ship Snarls

Global supply chains already tangled by the pandemic, labor shortages and sustained consumer demand in the U.S. are getting walloped by another disruptive force: Mother Nature.

September 14, 2021

IANA 2021: Massive Imbalances Plague Intermodal Industry

LONG BEACH, Calif. — Global trade patterns distorted by the COVID-19 pandemic have thrown the intermodal shipping industry out of whack, creating massive imbalances in shipping containers, intermodal chassis and drayage drivers.

September 14, 2021

TCI Opens Proxy Fight With CN to Oust CEO Ruest

One of Canadian National Railway Co.’s largest shareholders formally started a proxy fight to replace the company’s leader and some board members, arguing that their failed attempt to buy Kansas City Southern for $30 billion demonstrated “flawed decision making.â€

September 13, 2021

The World’s Shippers Are Earning the Most Money Since 2008

The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global supply chain that’s collapsing under the weight of COVID-19 drives freight prices ever higher.

September 13, 2021

Aluminum Industry Frets That Supply Snarls Have Just Begun

Supply chain snags that have roiled commodity markets and helped push aluminum prices to a 13-year high this week are unlikely to ease any time soon.

September 13, 2021

Kansas City Southern Picks Canadian Pacific Bid

Just hours before the expiration of a Sept. 12 deadline, Kansas City Southern accepted a $31 billion merger proposal from Canadian Pacific Railway.

September 12, 2021

UPS to Acquire Same-Day Delivery Startup Roadie

UPS Inc. agreed to acquire Roadie, a same-day delivery startup, looking to speed service and expand into atypical parcels such as oversized packages and perishable goods.

September 10, 2021

NYC Sued Over Cap on Delivery Fees

DoorDash, Grubhub and Uber Eats sued New York City over its newly entrenched cap on the amount meal-delivery services can collect from restaurants.

September 10, 2021