Tariffs, Trade Policies Concern Shippers in North American Markets
ATLANTA — Disruption is increasingly happening for freight movers as they seek to cross the United States’ borders with Mexico and Canada, and it’s not the positive technological change often associated with that word. Instead, it’s delayed freight or higher costs.
January 29, 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.
As China Reduces Pollution, Value of Vessels Transporting LNG Increases
The world’s biggest shipbuilder sees China’s cleanup of its smoggy skies lifting prices of the vessels this year.
January 29, 2019FedEx Introduces Way for Retailers to Outrace Amazon in Delivery
FedEx Corp., looking beyond Amazon.com Inc. for growth in e-commerce, is introducing a new late-night shipping option for retailers who want to speedily send orders directly to online customers.
January 29, 2019Knight-Swift Transportation Holdings Reports Profit Gains in 4Q
Knight-Swift Transportation Holdings reported higher profits and revenue in the fourth quarter of 2018 with improvement noted across all of its business units.
January 29, 2019Ceva Logistics Board Rejects Stock Buyout Bid by CMA CGM
Ceva Logistics’ board of directors has recommended that shareholders reject a tender offer from CMA CGM to buy all of the publicly held shares of stock in the Swiss company, saying the price of 30 Swiss francs per share is too low.
January 29, 2019Forever Stamp Price Increase to 55 Cents Takes Effect
The cost of a Forever stamp jumped 10% this weekend — from 50 cents to 55 cents — as the U.S. Postal Service continues to struggle financially.
January 28, 2019Union Pacific Reports Strong 4Q Results, but Hints of Job Cuts
Union Pacific Corp. reported record 2018 fourth-quarter income of $1.55 billion, or $2.13 a share, on Jan. 24.
January 25, 2019Google’s Bid to Battle Amazon Suffers Blow As Walmart Withdraws
Walmart Inc. has quietly withdrawn from one of Google’s marquee efforts to challenge Amazon.com in e-commerce.
January 25, 2019US Crude Production to Beat EIA’s Outlook by 23 Years
A year ago, the U.S. government envisioned American crude production averaging 11.95 million barrels a day in 2042. Shale drillers are set to exceed that this year.
January 25, 2019China’s Car Slowdown Begins to Bite as Hyundai Lays Off Workers
As China’s car industry loses its shine, automakers are starting to buckle up for the downward slope with Hyundai Motor Co. announcing it is letting workers go and is reviewing production plans in the world’s biggest market.
January 25, 2019