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Government, Business, Technology, Equipment, Global Freight

Postal Service Head Says Aging Trucks Need Upgrades

Postmaster General Louis DeJoy said the Postal Service needs to replace aging trucks, and he wasn鈥檛 aware of an effort by the incoming presidential administration to cancel plans to buy EVs.

December 6, 2024
Business, Logistics, Global Freight, TCA

Hapag-Lloyd Profitable Despite Global Downturn

HAMBURG, Germany 鈥 The German shipping company Hapag-Lloyd says it has made a good profit so far this year, despite the economic downturn and several international crises.

November 14, 2024
Business, Logistics, Private, Global Freight

Amazon Aims at Temu With Low-Priced Storefront Called Haul

Amazon launched an online storefront designed to compete with Temu, the low-cost shopping app that gained traction with shoppers who trade longer shipping times for rock-bottom prices.

November 13, 2024
Business, Technology, Equipment, Fuel, Logistics, For-Hire, Private, Global Freight

Nikola Leads Field in Hydrogen Fuel Cell EV Deployment

Hydrogen fuel cell electric vehicles may be envisioned as the future workhorse of a decarbonized longhaul freight sector, but their development has proceeded at a measured pace.

November 7, 2024
Business, Logistics, For-Hire, Private, Global Freight

Retailers Offer 鈥楻eturnless Refunds鈥 to Reduce Shipping Fees

Returnless refunds are a tool that more retailers are using to keep online shoppers happy and to reduce shipping fees, processing time and other ballooning costs from returned products.

November 4, 2024
Business, Logistics, Global Freight, Top 50

Ocean, Airfreight Volumes Falter in Rocky 2023

Shippers faced hurdles with both ocean freight and airfreight in 2023, leading to declined volumes at North America's top container ports and airports.

November 1, 2024
Government, Business, Logistics, Global Freight, Top 50

Top 50 Freight Companies Endure Global Trade Slump

A slump in international trade, geopolitical conflicts and economic uncertainty created a difficult business environment for the largest transportation and logistics providers in 2023.

November 1, 2024
Government, Business, Technology, Logistics, Global Freight, Top 50

Looking Up: Airfreight Demand Takes Off in 2024

Demand for global air cargo traffic continues to increase amid 颅e-commerce growth and ocean shipping constraints, driving prices higher as carriers and airports seek new efficiencies to maximize capacity.

November 1, 2024
Business, Logistics, Global Freight, Top 100, Top 50

Amazon Exceeds Profit Forecasts, Predicts Q4 Sales Surge

鈥淎s we get into the holiday season, we鈥檙e excited about what we have in store for customers,鈥 CEO Andy Jassy said in a statement.

October 31, 2024
Business, Logistics, Global Freight, Top 100

DSV Secures $5.4 Billion in Bonds for DB Schenker Deal

The Danish transport company sold a six-part bond deal with maturities ranging from two to 10 years, according to a person familiar with the matter.

October 30, 2024