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Government, Business, Technology, Logistics, Global Freight

Amazon Web Services to Build Data Center in Northern Indiana

NEW CARLISLE, Ind. — Amazon Web Services plans to invest $11 billion to build a data center in northern Indiana that will create at least 1,000 new jobs, state and company officials announced.

April 25, 2024
Business, Logistics, Global Freight

Union Pacific’s First-Quarter Profit Creeps Up 1%

OMAHA, Neb. — Union Pacific’s first-quarter profit crept 1% higher as the railroad tightened up on expenses — particularly its fuel bill — even though it delivered slightly less freight.

Josh Funk | Associated Press
April 25, 2024
Business, Logistics, Private, Global Freight

Amazon Prime Memberships in US Gain 8% to New High

Amazon.com Inc.’s Prime subscription service hit a new high of 180 million U.S. shoppers in March, up 8% from a year earlier, according to Consumer Intelligence Research Partners.

Spencer Soper | Bloomberg News
April 16, 2024
Government, Business, Technology, Equipment, Logistics, For-Hire, Global Freight

Amazon Becomes the Largest US Private EV Charging Operator

Amazon has installed more than 17,000 chargers at about 120 warehouses around the U.S., making the retail giant the largest operator of private EV charging infrastructure in the country.

Matt Day | Bloomberg News
April 15, 2024
Government, Business, Logistics, Global Freight

Shipping Giant MSC Vows to Fight ‘Excessive’ $63M FMC Fine

The world’s largest container carrier will push back against a proposed U.S. government fine that would rank among the stiffest penalties handed down by the Washington regulator.

Brendan Murray | Bloomberg News
April 10, 2024
Business, Private, Global Freight

Amazon Eyes Record High

Wall Street investors are finally doing what analysts have been recommending all along: buying Amazon.com Inc.

Subrat Patnaik | Bloomberg News
April 8, 2024
Business, Safety, Logistics, Global Freight

Baltimore Bridge Collapses After Cargo Ship Rams Into It

BALTIMORE — A containership lost power and rammed into a major bridge in Baltimore early March 26, causing the span to buckle into the river below. Six people were missing.

Lea Skene | Associated Press
March 26, 2024
Business, Safety, Private, Global Freight, TCA

Amazon Reports ‘Measurable Progress’ on Worker Safety

Amazon’s safety data shows a decline in its warehouse injury rate in 2023, marking an improvement for the second consecutive year, but critics disagree with how the company measures safety.

Lauren Rosenblatt | The Seattle Times
March 18, 2024
Government, Business, Logistics, Global Freight, TCA

Hapag-Lloyd Warns of Further Earnings Decline in 2024

Following a slump in profits in 2023, German container shipping company Hapag-Lloyd expects earnings to decline again in 2024.

dpa | Hamburg, Germany
March 14, 2024
Government, Business, Safety, Fuel, Global Freight

Houthi Missile Damages MSC Containership in Gulf of Aden

Houthi militants attacked and damaged a Swiss-owned container vessel on March 4 in the Gulf of Aden, as the Iran-backed group continues to roil shipping in the region.

March 5, 2024