Goods-Trade Gap Widens Second Month to Highest This Year
The U.S. merchandise-trade deficit widened for a second month to the highest level since a record in December as exports dipped.
May 30, 2019Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
FedEx Practice of Diverting Delivery of Huawei Parcels Called a Political Ploy
FedEx Corp.’s reported practice of rerouting Huawei parcels to the United States without the Chinese company’s authorization demonstrates that the U.S. government is leaving no stone unturned to disrupt normal business activities, analysts said May 28.
May 29, 2019Cameron LNG Poised for First Export Shipment With First LNG Tanker
Cameron LNG is poised to load its first export shipment of liquefied natural gas after the arrival of the first LNG tanker at its Louisiana facility.
May 29, 2019Auto Industry’s Weakness Drags Down Global Economic Growth
A decline in global car sales likely reduced world gross domestic product by 0.2% last year, and a flat auto market will continue to dampen global manufacturing indicators in 2019, according to a report by Fitch Ratings on May 28.
May 29, 2019Ford, Walmart in Group Developing Last-Mile Robots
Human-like robots that can move across sidewalks and climb stairs are on the way to neighborhoods, and they are looking to track down humans. But this scenario is not from the latest sequel to “The Terminator.” This two-legged, two-armed robot, named Digit, is being produced by the Ford Motor Co. and Agility Robotics of Oregon, and is seeking to deliver goods to consumers.
May 29, 2019Renault’s Message to Nissan: Fiat Deal Is Good for All of Us
Renault SA Chairman Jean-Dominique Senard arrived in Tokyo with a crucial mission: to sell the proposed merger between Fiat Chrysler Automobiles NV and Renault SA to longtime partner Nissan Motor Co.
May 29, 2019Port of Baltimore Welcomes Its Largest Cargo Ship
Towering over the Port of Baltimore’s Seagirt Marine Terminal, Evergreen Line’s containership Triton arrived in the predawn hours of May 24 after navigating the Chesapeake Bay carrying 14,424 containers, making it the largest container vessel to dock in Maryland.
May 29, 2019Maverick to Sell Reefer Division to KLLM Transport Services
Maverick USA announced May 24 it will sell its temperature-controlled business to over-the-road carrier KLLM Transport Services of Jackson, Miss. The North Little Rock, Ark., carrier didn’t release terms of the deal.
May 28, 2019Amazon Poised to Unleash Purge of Small Suppliers, Sources Say
Two months ago, Amazon halted orders from thousands of suppliers with no explanation. Panic ensued — until the orders quietly resumed weeks later, with Amazon suggesting the pause was part of a campaign to weed out counterfeit products.
May 28, 2019Israel Firm Loginno Unveils Container-Tracking Device
Loginno, an Israeli logistics firm, has unveiled the fifth generation of its Agam device, whose installation method as a standard container vent allows every container service depot to install it with no training, according to a news release.
May 28, 2019