Potential Canadian rail strike could damage the country’s economy
May 7, 2024
Over 9,000 rail workers poised to walk off job, disrupting critical transportation routes used by various industries.
C.H. Robinson highlights progress of its AI-focused offerings with a focus on automating shipping processes
May 7, 2024
Taking steps to leverage Artificial Intelligence (AI) in order to automate various types of shipping transactions conducted over e-mail, Minneapolis, Minn.-based global third-party logistics (3PL) services provider and freight forwarder C.H. Robinson (CHR) today heralded the progress it has made on that front, calling the utilization a key step in breaking “a long-standing barrier to automation.
UPS announces CFO Newman to leave company, effective June 1
May 6, 2024
Atlanta-based global freight transportation and logistics services provider UPS said that effective June 1, Executive Vice President and Chief Financial Officer Brian Newman will leave the company.
Preliminary April North American Class 8 net orders are mixed
May 6, 2024
FTR reported that preliminary April net orders, at 14,400 units, were off 25% compared to March and 12.5% annually. And it added that over the last 12 months, total Class 8 orders were at 267,700 units. ACT reported that April Class 8 orders, art 15,600 units, were off 1,800 units compared to March, while posting a 30% annual gain, in what it called a very easy year-ago comparison.
Senators take a close look at Amazon with Warehouse Worker Protection Act
May 6, 2024
The proposed legislation aims to regulate the use of productivity quotas and improve safety for workers.
Despite American political environment, global geopolitical risks could be easing
May 6, 2024
While there is plenty of danger around the world, the reality of interconnected supply chains may be prevailing.
Maryland DOT: $1.9 billion and up to four years to rebuild bridge sunk near Baltimore port
May 6, 2024
It will take just over four years and up to $1.9 billion to rebuild the Francis Scott Key Bridge after it was hit by a cargo ship and fell into the Patapsco River, according to an estimate by the Maryland Department of Transportation. The state plans to build a new span by the fall of 2028, spokesman David Broughton said. He also said it will likely cost anywhere from $1.7 billion-to-$1.9 billion to rebuild the span after the container ship Dali lost power...
April Services PMI contracts after 15 months of growth, reports ISM
May 3, 2024
The Services PMI, at 49.4 (a reading of 50 or higher signals growth) fell 2.0%. The last time the index contracted was in December 2022, when it came in at 49 and prior to that the last month seeing contraction was in May 2020, when it came in at 45.4.