January U.S. carloads, at 863,558, posted a 4.4% annual gain, and intermodal shipments, at 1,931,911 intermodal units, were down 3.5% annually, for its fifth consecutive annual decrease.
For December, the most recent month for which data is available, U.S. imports, for the ports surveyed in the report (excluding missing data from the Ports of Houston and Charleston), came in at 1.99 ...
FedEx and private equity firm Advent International have agreed to acquire European parcel locker operator InPost in an all-cash deal valued at approximately $9.2 billion, according to a joint ...
DHL Supply Chain, a subsidiary of Deutsche Post DHL Group, said it has inked a memorandum of understanding (MOU) with Atlanta-based RL Cold, a real estate development firm specializing in cold storage ...
San Francisco-based Augment, an AI productivity platform for logistics, announced today it has rolled out a new offering, with a focus on aiding logistics practitioners in making real-time logistics ...
Lloyd, whom collectively comprise the Gemini Cooperation ocean carrier alliance, which covers 29 shared mainliner and 29 ...
Ocean freight enters 2026 facing weak U.S. demand, excess vessel capacity, and continued uncertainty tied to tariffs and ...
UPS plans cuts of 30,000 jobs, irking Teamsters union that points to $9 billion in profits last year
UPS recently announced it made $8.7 billion in profit last year on the same day that the world’s largest transportation company will reduce its workforce by 30,000 in primarily part-time positions.
The January LMI reading, at 59.6, saw a 5.2% gain over December’s 54.2 (an 18-month low), with the report stating that this ...
A group of 47 members of the United States House of Representatives called on the Surface Transportation Board (STB) to ...
Werner said that this acquisition will make it the fifth-largest U.S.-based dedicated trucking services provider.
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