While the worst of the global supply chain snarls brought on by the COVID-19 pandemic now appear to be in the rearview mirror, it’s still not business as usual for international freight.
Seaports and airports across North America experienced record-breaking volume in 2021 amid growing consumer demand.
Describing global supply chains as “volatile” for the last two years is an understatement. Glimmers of hope are emerging, but anxiety grows over whether freight volumes can maintain traction amid high inflation and economic uncertainty.
The latest warning sign for U.S. stocks is emerging from a corner of the market that investors closely watch to get a read on the state of the economy and the health of American consumers: Transportation shares.
WASHINGTON — Postmaster General Louis DeJoy said March 31 that the Justice Department has closed without criminal charges an investigation into political fundraising activity at his former business.March 31, 2022
CARLISLE, Pa. — Labor Secretary Marty Walsh is optimistic that upcoming labor negotiations for workers at West Coast ports will progress smoothly, noting the critical role that dockworkers and port drivers play in keeping supply chains moving.
Ceva Logistics announced it teamed up with autonomous commercial vehicle technology company Kodiak Robotics Inc. to deliver freight autonomously between Dallas-Fort Worth and Oklahoma City, expanding on an existing relationship.March 9, 2022
XPO Logistics is creating two new, stand-alone, publicly traded companies in the less-than-truckload and tech-enabled brokered transportation sector, the company announced March 8.
The Port of Baltimore on March 7 announced it is expanding container business at its Seagirt Marine Terminal as the Israeli-based ZIM Shipping Line will begin calls at the facility this summer.March 8, 2022