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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

UPS Aircraft Mechanics Ratify Labor Contract

Aircraft mechanics at UPS Inc. voted to ratify a labor contract extension that will give them a 3.3% hike in pay annually for three years, the International Brotherhood of Teamsters union announced Oct. 18.

October 19, 2022

Maersk Expands Green Fleet With $1 Billion Order for Vessels

A.P. Moller-Maersk A/S, one of the world鈥檚 largest oil consumers, ordered six large containerships that can sail on green methanol as part of the transport giant鈥檚 plan to become carbon neutral.

October 5, 2022