Amid an historic drought posing threats to future harvests, California farmers now say they have no way to export the crops they do have because of a kink in the global supply chain that has left containerships lined up off the Southern California coast with nowhere to deliver their goods.
November 4, 2021Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
VW CEO Tells German Workers Tesla Factory Will Threaten Jobs
Volkswagen AG CEO Herbert Diess urged German workers to prepare for a deeper overhaul to remain competitive when Tesla Inc. ramps up vehicle production at its first European factory outside Berlin next year.
November 4, 2021XPO Reports Record Revenue, but Issues in LTL for Q3
XPO Logistics Inc. reported the highest revenue in its history Nov. 2, but noted some challenges with less-than-truckload performance for the third quarter.
November 3, 2021Freight Stakeholders Seek Supply Chain Action From Biden
WASHINGTON — American Trucking Associations joined nearly 100 freight stakeholders in calling on President Joe Biden to amplify his administration’s response to ongoing supply chain woes nationwide.
November 3, 2021New Utah Inland Port Seen as 'Relief Valve' for West Coast Facilities
Just 60 miles south from one of the most famous locations in American transportation history, Promontory Point, Utah, a new transportation and logistics center is open for business and still being built out.
November 3, 2021CMA CGM Near Deal to Buy California Terminal Operator
CMA CGM SA, one of the world’s largest shipping companies, agreed to buy Fenix Marine Services, which operates a container terminal in the Port of Los Angeles, in a deal with an enterprise value of $2.3 billion.
November 3, 2021ArcBest Reports Record Revenue for Q3
ArcBest saw its highest quarterly revenue and operating income in its history during the third quarter, the company reported Nov 2.
November 2, 2021Expeditors International Posts Large Q3 Profit Increase
Expeditors International of Washington posted third-quarter gains in profit and revenue as the logistics company capitalized on tight freight capacity and soaring prices.
November 2, 2021Technology Helps Manage Spot Market
Technological solutions are increasingly helping shippers and carriers manage a boisterous business climate in which spot freight plays a prominent role.
November 2, 2021Maersk Sees Global Shipping Markets Staying Tight Into 2022
A.P. Moller-Maersk A/S expects shipping markets to remain tight at least into the first quarter with global container demand set to grow faster than previously expected.
November 2, 2021