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Business, Logistics, Global Freight

Thousands of CSX Workers First to Get Paid Sick Leave

OMAHA, Neb. 鈥 Several thousand workers at CSX will soon get one of the things that pushed the U.S. railroad industry to the brink of a strike last fall: paid sick time.

February 8, 2023
Business, Equipment, Logistics, Global Freight

Supply Chains Must Change, Says Maersk鈥檚 Ditlev Blicher

Increasing volatility in global supply chains means shipping lines must undergo a radical restructuring to survive, according to A.P. Moller-Maersk A/S.

February 8, 2023
Business, For-Hire, Global Freight

FedEx to Cut Management Jobs by More Than 10%

FedEx Corp. is cutting global officer and director jobs by more than 10%, the courier鈥檚 latest cost-saving measure as economic concerns and waning e-commerce weigh on demand for package delivery.

February 1, 2023
Government, Business, Global Freight

Drop in Global Shipping Costs Signals Cooling Inflation, Experts Say

The pandemic-era surge in shipping costs was a 鈥渟moking gun鈥 that foretold the global inflation spike, and the sharp drop in maritime-freight expenses since peaking last year will contribute to an easing in price pressures.

January 25, 2023
Business, Global Freight

Union Pacific Profit Disappoints After Costly Winter Storms

Union Pacific Corp. reported fourth-quarter profit that missed analysts鈥 estimates as disruptions from winter storms drove up costs.

January 24, 2023
Business, Logistics, Global Freight, TCA

Port of Mobile Posts All-Time Container Shipping Figures in 2022

The Port of Mobile has set a new record for annual container traffic, beating the benchmark it set in 2021 by more than 11%.

January 20, 2023
Business, Logistics, Global Freight

Multiple Factors Turn California Ports Into 鈥楧ormant Volcano鈥

A year ago in early January, a record 109 containerships carrying U.S. imports surrounded the twin ports of Los Angeles and Long Beach, Calif.聽鈥 as of today, the queue is gone.

January 11, 2023
Business, Logistics, Global Freight

Labor Disruptions at Ports Quadrupled Globally in 2022

Labor unrest took an unusually heavy toll on ports around the world in 2022, and the outlook for continued economic instability could bring even more upheaval to global supply chains in 2023.

January 10, 2023
Government, Business, Logistics, Global Freight

Fresh Fragility in Global Trade Set to Be Revealed in 2023

Since 2020, a pandemic-fueled supply crunch, Russia鈥檚 war with Ukraine, and a deepening rift in the U.S.-China trade relationship have hammered home the idea that the world needs more resilient trade networks.

January 3, 2023
Government, Business, Equipment, Logistics, Global Freight

Shipping Insurers Back Off of Russia-Ukraine Trade

A host of shipping insurers altered their policies for 2023 to exclude claims linked to Russia鈥檚 war in Ukraine, a further sign of the industry鈥檚 growing concerns about losses stemming from the conflict.

December 28, 2022