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The American Logistics Aid Network has launched its fourth annual Humanitarian Logistics Survey, aiming to take a closer look at how disaster relief efforts are actually working on the ground. The survey, which runs through May 31, is open to nonprofits, government agencies, logistics providers, and businesses. Its goal is to better understand how organizations are working together […]
Copenhagen, Denmark-based A.P. Moeller Maersk, will pay $1.9 million and provide refunds and waivers to some customers as part of a settlement with the Federal Maritime Commission (FMC) over container-related charges. The FMC announced that it has reached a compromise with Maersk, resolving allegations that the shipping company violated the Shipping Act by how it assessed detention charges. According to the agency, […]
UPS is investing nearly $50 million in its automotive and industrial logistics operations and expanding air freight service to Mexico as manufacturers look for faster and more reliable ways to move parts across North America. The company said the investment includes network improvements and the creation of dedicated teams focused on serving automotive and industrial […]
As the clock ticks toward the July 1 joint review deadline for the United States-Mexico-Canada Agreement (USMCA), the Office of the United States Trade Representative (USTR) said earlier today that the U.S. and Mexico will kick off bilateral negotiating rounds related to the joint review. The Office of the USTR said that on May 28 […]
The state of private trucking is in “an historically strong position,” driven by its commitment to service and safety—as well as lingering capacity concerns when North American ground freight volumes return to a more “normal” state. That’s the view of Gary Petty, president and CEO of the National Private Truck Council (NPTC), who points to several factors […]
U.S. Transportation Secretary Sean Duffy on Friday announced a new federal supply chain initiative designed to improve freight visibility and reduce cargo delays across the country. Called the American Supply Chain Sovereignty Initiative, the proposed program would connect ports, ocean carriers, trucking companies, railroads, and major retailers through a centralized freight visibility platform to help move goods faster and more efficiently. According to the U.S. Department […]
At the World Economic Forum in Davos this year, Canadian Prime Minister Mark Carney didn’t mince words about the future of U.S.-Canada trade. “Let me be direct,” said Carney. “We are in the midst of a rupture, not a transition. Our old relationship with the United States—a relationship based on steadily increasing integration—is over.” Over the past two decades, […]
The outlook for the logistics real estate market is pointing towards a strong trajectory, according to the new edition of the Industrial Business Indicator (IBI) issued this week by San Francisco-based real investment trust company Prologis. Prologis defines the IBI as a survey of customer sentiment focused on customer activity in warehousing. The April IBI […]
Port of Los Angeles (POLA) and Port of Long Beach (POLB) May volumes posted strong annual gains, according to data recently respectively issued by the ports. POLA reported that total monthly volume—at 840,165 TEU (Twenty-Foot Equivalent Units)—posted a 17% annual gain, with port officials observing that volumes continued to head up, amid ongoing uncertainty related […]
Memphis-based freight transportation and logistics services provider FedEx turned in solid fiscal fourth quarter earnings announced late yesterday. Quarterly revenue, at $25.0 billion, increased 13% annually, and operating income, at $1.551 billion, fell 13% annually. Adjusted earnings per share, at $6.31, beat Wall Street estimates, at $5.96. “Team FedEx delivered an impressive finish to a […]