Canadian and Alaskan crude that normally travels to the U.S. West Coast is finding a market in China, where demand is almost back to pre-pandemic levels.
May 20, 2020Logistics News
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
Chinese Revival Draws Rare Shipments of Alaskan, Canadian Oil
April Tonnage Down 11.3% Year-Over-Year
April truck tonnage declined 11.3% compared with year-ago levels, the steepest year-over-year decline since 2009, American Trucking Associations reported.
May 19, 2020Comcar Industries Declares Bankruptcy
Comcar Industries announced May 17 it is filing for Chapter 11 bankruptcy protection and plans to sell its five operating companies as part of the legal process.
May 18, 2020FedEx, Microsoft Join Forces for Package Shipping
FedEx Corp. and Microsoft Corp. are teaming up to provide commercial shipping customers with early warnings of delays from weather, traffic and other mishaps, giving the courier and the software maker another weapon as each competes with Amazon .com Inc.
May 18, 2020Slump at US Ports Continues in April
The slump at the nation’s ports continued in April as 20-foot-equivalent container (TEU) volumes were down, in some cases by double digits when compared with 2019.
May 15, 2020Daimler Halts SUV Production at US Plant Over Mexico Parts Delays
Daimler AG is suspending production at a Mercedes-Benz SUV plant that was one of the first in the U.S. to reopen due to a shortage of parts supplied from Mexico.
May 15, 2020FMCSA Publishes Final HOS Rule, Granting Flexibility to Drivers
The Federal Motor Carrier Safety Administration has published its long-awaited final rule on changes to hours-of-service regulations in a move intended to increase flexibility for truck drivers.
May 14, 2020UPS Adds Indiana Airport to Cargo Network
The Gary/Chicago International Airport Authority on May 13 approved a long-term lease and easement access agreement with UPS Inc. that will allow the company to begin express air shipment operations later this year.
May 14, 2020Titanium Reports Revenue, Net Income Grow in Q1
Titanium Transportation Group reported solid revenue growth and a profit gain in the first quarter.
May 13, 2020Container Shipper Maersk Warns of 25% Volume Slump
The world’s largest container line is bracing for a historic slump in demand after emergency lockdowns across the globe left international trade in tatters.
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