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FedEx-Backed Freightos to Go Public

Freightos Ltd., a digital platform for global freight-booking services, is set to go public through its tie-up with blank-check company Gesher I Acquisition Corp.

May 31, 2022

High School Prepares Students for Transportation Careers

LONG BEACH, Calif. — Students from Juan Rodriguez Cabrillo High School watched transportation leaders at the Metrans International Urban Freight Conference, which met just a few miles from the sprawling Port of Long Beach.

May 31, 2022

FMCSA Extends COVID Emergency Declaration to Aug. 31

The Federal Motor Carrier Safety Administration has extended regulatory waivers related to truckers’ allowable work time, citing continuing public health concerns over COVID-19.

May 31, 2022

Consumer Confidence Slips in May Amid Stubborn Inflation

SILVER SPRING, Md. — U.S. consumer confidence edged lower in May as Americans’ view of their present and future prospects dimmed in the midst of persistent inflation.

May 31, 2022

Pandemic Spurred Change in Industry, Transportation Professionals Say

LONG BEACH, Calif. — Because of the now more than two-year-long COVID-19 pandemic, the freight industry is undergoing an accelerated rate of change.

May 31, 2022

Supply Chain Relief Sparks Feud Over Degree of Softer Economy

Some supply strains in the U.S. are easing, two years after a jump in demand started emptying shelves, snarling shipping and sowing the seeds of soaring inflation.

May 31, 2022

Walmart, Others Amass $45 Billion in Extra Stuff to Sell

Big retailers rushed to build up inventories last year amid soaring consumer demand and transportation bottlenecks — going so far in some cases as to rent their own cargo ships. Now, they’re trying to figure out how to sell all their stuff.

May 31, 2022

Shanghai Moves Toward Ending 2-Month COVID-19 Lockdown

SHANGHAI — Shanghai authorities say they will take major steps June 1 toward reopening China’s largest city after a two-month COVID-19 lockdown that has set back the national economy and largely confined millions of people to their homes.

May 31, 2022

US Ports’ Digital Tools Lag Overseas Counterparts

The giant ports in Southern California and across the U.S. greatly lag their counterparts in Europe and other regions using digital technology to optimize operations. That was the consensus of a panel discussion at the Metrans International Urban Freight Conference.

May 27, 2022

The Future of Warehouse Building Is Urban

LONG BEACH, Calif. — Accelerating e-commerce purchases and continuing supply chain disruptions are reshaping the warehouse and distribution industry, driving up costs and creating robust demand for storage facilities in urban areas and near ports.

May 26, 2022