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Amware CEO Outlines Moulton Logistics Acquisition

Amware Fulfillment CEO Harry Drajpuch detailed Jan. 5 how the recent acquisition of Moulton Logistics helps bolster ongoing growth strategies.

January 6, 2021

US Imports No Saudi Crude Oil for First Time in 35 Years

The U.S. didn’t import any Saudi crude the week of Dec. 28 for the first time in 35 years, a reversal from just months ago when the Kingdom threatened to upend the American energy industry by unleashing a tsunami of exports into a market decimated by the pandemic.

January 6, 2021

Maersk Says Record Shipping Rates Unlikely to Have Peaked Yet

A.P. Moller-Maersk A/S, the world’s largest container carrier, is working at full capacity and can’t yet see a peak in freight rates that have already been propelled to record highs by pandemic consumer spending.

January 6, 2021

Amazon Makes First Aircraft Purchase to Expand Delivery Network

Amazon .com Inc. is buying 11 used Boeing 767-300 planes, the first time the online retail giant has purchased, rather than leased, aircraft for its fast-growing air cargo operation.

January 5, 2021

Lineage Logistics Acquires Refrigerated Rail Company Cryo-Trans

Cold-storage specialist Lineage Logistics is branching into rail.

January 5, 2021

XPO Finishes Acquisition of Kuehne + Nagel’s European Logistics

XPO Logistics has completed its acquisition of the majority of Swiss firm Kuehne + Nagel’s European logistics, the company announced Jan. 4.

January 4, 2021

Manufacturers Rethink Supply Chains, Eye Reshoring After Events of 2020

A trade war with China and the disruptive effects of the COVID-19 pandemic have U.S. companies starting to question a decades-old strategy of shifting manufacturing operations to low-cost labor markets in China and other Asian nations.

January 4, 2021

West and East Coast Ports Report Strong November Volume

The nation’s ports continued their breakneck pace in November as imported products arrived and unloaded at a record or near-record rate at facilities on the Pacific and Atlantic coasts.

January 4, 2021

Railroads Install Crash-Prevention System Ahead of US Deadline

U.S. railroads have completed installation of an automated crash-prevention system that covers 57,536 miles of freight and passenger tracks ahead of an end-of-year deadline that was previously extended, the Federal Railroad Administration announced Dec. 29.

December 29, 2020

Rail Cargo Posts First Gain in Two Years as Consumer Goods Surge

U.S. railroads are back, with freight volume posting the first quarterly gain in two years.

December 29, 2020