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DHL Plans Third Air Cargo Hub in California

Greg Hewitt, CEO of DHL Express U.S., says company聽leadership is doubling down on its GoGreen Plus program, with a goal of being a net-zero emissions company by 2050.

May 1, 2023

FedEx Freight Plans Closure of 29 Locations

FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.

May 1, 2023

CMA CGM Offers to Buy Bollor茅 Logistics for $5.5 Billion

Maritime transport giant CMA CGM SA has entered exclusive talks to buy Bollor茅 SE鈥檚 logistics arm for an enterprise value of 5 billion euros ($5.5 billion).

April 18, 2023

USPS Buys Electric Vans, Charging Stations in Bulk

WASHINGTON 鈥 The U.S. Postal Service is buying 9,250 Ford Motor Co. electric vans and 14,000 charging stations as part of a move to switch its fleet to electric vehicles.

March 1, 2023

Maersk Sees Global Trade Contracting as Much as 2.5% in 2023

A.P. Moller-Maersk A/S said 鈥渕uted鈥 economic growth is set to push the world鈥檚 container shipping volumes down by as much as 2.5% this year.

February 8, 2023

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

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

Savannah Port Terminal to Get $410 Million Upgrade Amid Big Growth

The Port of Savannah plans a $410 million overhaul of one of its sprawling terminals to make room for loading and unloading larger ships while focusing its business almost exclusively on cargo shipped in containers.

December 5, 2022

FedEx Freight Unit Furloughs Workers as Cargo Demand Slows

FedEx Corp.鈥檚 freight unit is putting workers on furlough in some U.S. markets, adding to mounting evidence of a cargo slowdown as the company joins other large employers trimming their ranks.

November 14, 2022

Alabama Port Study Highlights Growth, Economic Impact

The Alabama State Port Authority has released a new study showing significant growth in jobs, tax revenue and general economic impact since 2019, underscoring the port鈥檚 place as a major economic driver in the state.

October 24, 2022