An unprecedented shortage of liquefied natural gas tankers has made them the most expensive ships ever hired to ferry commodities.
January 11, 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.
Chips Shortage Hits Global Automakers
A semiconductor shortage is pinching some of the world’s biggest auto manufacturers, costing Daimler AG, Nissan Motor Co., Honda Motor Co., Ford Motor Co. and Fiat Chrysler Automobiles NV production for a range of cars.
January 8, 2021FHWA Awards Grant Supporting AV Truck Project at Port of Virginia
The Federal Highway Administration recently awarded $49.6 million to support projects that incorporate transportation-related technologies.
January 6, 2021The JZ Expedited Cos. Eyes Expansion of Site in Jacksonville
The JZ Expedited Cos. announced it secured a first right of refusal to develop an additional 45-acre parcel as it seeks to expand its inland marine terminal business model in Jacksonville, Fla.
January 6, 2021Amware CEO Outlines Moulton Logistics Acquisition
Amware Fulfillment CEO Harry Drajpuch detailed Jan. 5 how the recent acquisition of Moulton Logistics helps bolster ongoing growth strategies.
January 6, 2021US Imports No Saudi Crude Oil for First Time in 35 Years
The U.S. didn’t import any Saudi crude the week of Dec. 28 for the first time in 35 years, a reversal from just months ago when the Kingdom threatened to upend the American energy industry by unleashing a tsunami of exports into a market decimated by the pandemic.
January 6, 2021Maersk Says Record Shipping Rates Unlikely to Have Peaked Yet
A.P. Moller-Maersk A/S, the world’s largest container carrier, is working at full capacity and can’t yet see a peak in freight rates that have already been propelled to record highs by pandemic consumer spending.
January 6, 2021Amazon Makes First Aircraft Purchase to Expand Delivery Network
Amazon .com Inc. is buying 11 used Boeing 767-300 planes, the first time the online retail giant has purchased, rather than leased, aircraft for its fast-growing air cargo operation.
January 5, 2021Lineage Logistics Acquires Refrigerated Rail Company Cryo-Trans
Cold-storage specialist Lineage Logistics is branching into rail.
January 5, 2021XPO Finishes Acquisition of Kuehne + Nagel’s European Logistics
XPO Logistics has completed its acquisition of the majority of Swiss firm Kuehne + Nagel’s European logistics, the company announced Jan. 4.
January 4, 2021