The Meishan terminal at China’s second-busiest port reopened Aug. 25 following a two-week shutdown that further snarled already stressed shipping routes in Asia.
August 25, 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.
Goldman-Backed Exchange Raises Cash to Expand Shipping Contracts
The New York Shipping Exchange, founded in 2015 by a former industry executive to make the container shipping market more efficient, is raising another $15 million to expand contracts that can help protect companies’ supply chains from price hikes and other uncertainties.
August 25, 2021UPS Starts Drone Delivery of COVID Vaccines
UPS Inc. started delivering coronavirus vaccines with the use of drones as part of a new initiative announced Aug. 24.
August 24, 2021Walmart to Launch Delivery Service for Other Businesses
NEW YORK — Walmart said Aug. 24 it will start farming out its delivery service, using contract workers, autonomous vehicles and other means to transport rival retailers’ products directly to their customers’ homes in as little as a few hours.
August 24, 2021Supply Chain Issues Take Shakes Off the Menu at British McDonald’s
LONDON — McDonald’s says it has pulled milkshakes from the menu in all 1,250 of its British restaurants because of supply problems stemming from a shortage of truck drivers.
August 24, 2021Pilot Freight Services, American Linehaul Announce Strategic Partnership
Pilot Freight Services has formed a strategic partnership with American Linehaul Corp. to expand its middle-mile expedited less-than-truckload capabilities, the companies announced Aug. 19.
August 23, 2021Cowan Systems Implements Driver Incentive Program
Cowan Systems has implemented an incentive program that guarantees every newly hired driver a $15,000 bonus, the company announced Aug. 19.
August 23, 2021Private Fleets Face Stiff Competition From For-Hire Carriers in Battle for Drivers
Private fleets once had a clear advantage in the endless competition to hire trained truck drivers and provide them with the equipment needed to move America’s goods. But the disruptions caused by the COVID-19 pandemic have upended that advantage.
August 27, 2021Amazon Became Hedge Fund Favorite Just Before Shares Tumbled
Hedge funds piled into Amazon.com Inc. in the second quarter, putting themselves on the front line of losses as the stay-at-home trade began to unravel.
August 20, 2021The Search for Drivers and the Fight to Keep Them
Although career opportunities in trucking are abundant, the driver shortage has been a thorn in the industry’s side for years, and it has only become more severe as freight demand has surged amid the recovery from the COVID-19 pandemic.
August 20, 2021