Logistics
FedEx Adds New Fee for Big Shippers, Fueled by E-Commerce
Drivers for an independent contractor to FedEx unload a ground truck in Chicago. (Christopher Dilts/Bloomberg News)
FedEx Corp. plans to add a new surcharge for its largest customers, citing higher pandemic-related costs and indicating that robust demand continues to give couriers considerable power to dictate prices.
January 15, 2021Court Upholds FMCSA Exemption of Trucking From California Rest Break Rules
Traffic on Interstate 80 in Fairfield, Calif. (David Paul Morris/Bloomberg News)
The 9th U.S. Circuit Court of Appeals has upheld the Federal Motor Carrier Safety Administration’s determination that motor carriers are exempt from California’s stringent meal-and-rest-break rules.
January 15, 2021Amazon Keeps Buying Jets to Move Closer to 30-Minute Delivery Dream
An Amazon Prime Air cargo jet sits parked at the DHL Worldwide Express hub of Cincinnati/Northern Kentucky International Airport in Hebron, Ky. (Luke Sharrett/Bloomberg News)
Amazon .com Inc. can’t meet its one- and two-day shipping pledge to customers without an ever-expanding fleet of pricey jets.
January 15, 2021Surging Shipping Rates Pose New Headwind for Global Economy
Shipping containers sit next to gantry cranes at the Yangshan Deepwater Port in Shanghai, China, on Jan. 11. (Qilai Shen/Bloomberg News)
Shocks to supply chains are engulfing a wider swath of the global economy as the pandemic rages on, threatening to stifle Asia’s trade-led recovery just as soaring freight rates make it harder for businesses to weather another year like 2020.
January 14, 2021East Coast Warehouse Acquires Temp-Distribution of Maryland
Temperature-controlled logistics provider East Coast Warehouse & Distribution has acquired Temp-Distribution of Maryland Inc.
January 14, 2021DB Schenker Halts Deliveries to UK Due to Brexit Trouble
A freight truck operated by DB Schenker stands at the Port of Helsinki in Finland. (Ville Mannikko/Bloomberg News)
DB Schenker, a major logistics company owned by German rail giant Deutsche Bahn AG, suspended deliveries to the U.K. due to “significant” problems caused by post-Brexit red tape.
January 14, 2021Recent Acquisitions Bode Well for Trucking in 2021
Bison Transport (left) and Black Horse Carriers
Several recent acquisitions are signaling a robust 2021 for trucking.
January 13, 2021DHL Owner Deutsche Post Reaps Profit Boost as Virus Spurs Demand
An employee sorts packages at a DHL Worldwide Express facility in Chicago. (Daniel Acker/Bloomberg News)
Deutsche Post AG reported record earnings as its DHL express-delivery arm benefited from a surge in home shopping spurred by the coronavirus crisis.
January 12, 2021XPO Names Leadership Team for New Logistics Business
Malcolm Wilson (XPO Logistics)
XPO Logistics Inc. on Jan. 12 announced the senior leadership team for the upcoming spinoff of its logistics segment.
January 12, 2021GM Announces New Electric Delivery Van, Electric Pallet
GM's BrightDrop EV600 electric van is already being tested with FedEx, representatives said. (General Motors via AP)
The market for battery-powered delivery vehicles and equipment has so much potential that General Motors is forming a new business unit to serve it.
January 12, 2021