shipping

The hole that FedEx Corp. finds itself in is, in some respects, not of its own digging. It can't force people to accept job offers, nor can it control the wages its competitors are willing to pay. It can't stop or slow the unprecedented surge in parcel-delivery volumes that have pulled forward...

TFI International bought UPS Freight with plans to make the LTL carrier "lean and mean," a turn of phrase CEO Alain Bédard likes to use. While the company is implementing that strategy, including recent cuts to salespeople, one thing it needs more of is truck drivers.  As of late July, Montreal-...

For many, Nike’s (NYSE: NKE) quarterly report means the unofficial end to earnings season. While bank earnings are now only a few weeks away, marking the start to the third-quarter reports, the second quarter was one worth noting. Since the pandemic sent the broader market into disarray...

On Thursday, first-quarter results revealed that the global supply chain havoc has harmed Nike (NYSE: NKE) more than expected. Moreover, longer transit times, labor shortages, and prolonged factory closures due to lockdowns in Vietnam where the sneaker giant produces approximately half of its...

California Gov. Gavin Newsom has signed legislation known as AB 701 that targets quotas in the warehouse industry. The legislation was introduced by Assemblywoman Lorena Gonzalez, who is also the author of AB 5, which targets independent contractors in the state. In the same way that Uber (NYSE:...

Logistics real estate investment trust Prologis Inc. announced Thursday it was expanding its training program aimed at tackling the growing need for logistics workers. Through its Community Workforce Initiative (CWI), the San Francisco-based industrial warehouse operator is adding six locations to...

To most drivers, the installation of dashcams represents an intrusion. And to some extent, that is true. They say the camera sees all, and poor driving behaviors will be exposed. But for some industries, the cameras are a must, and the drivers have come to realize the benefits the camera provides...

On Tuesday, parcel delivery company FedEx Corporation (NYSE: FDX) reported a decline in quarterly profit along with cutting its earnings outlook due to higher costs and labor shortages. Upon the news, its shares declined more than 4% in after-hours trading. Figures For the quarter that ended in...

The phrases "global level playing field" and "commercially viable" were mentioned several times during a launch event Wednesday that called for governments around the world to act on climate change and commit to decarbonizing the shipping sector by 2050.  The industry is seeking an equitable...

Startup manufacturer Mammoth Freighters LLC on Wednesday announced a joint venture with GDC Technics, a major widebody maintenance and overhaul organization based at Alliance Airport in Fort Worth, Texas, to support its fledgling program for converting Boeing 777 passenger aircraft to freighters....

In May, Bed Bath & Beyond announced an agreement with DoorDash (NYSE: DASH) to provide same-day delivery. It is now taking the next step to market its goods with the delivery provider – joining DoorDash Marketplace. Bed Bath & Beyond (NASDAQ: BBBY) said it is the first home goods retailer...

Robotics companies are exploding onto the market with offerings suited for companies of all sizes. On this episode of At Your Doorstep, Kaylee Nix looks at the way ForwardX Robotics is operating with is robotics-as-a-service model  She welcomes ForwardX Director of Global Expansion Jonathan...

To view more FreightWaves infographics, click here. Image by John R Perry from Pixabay

Port Houston handled its highest month ever for total of twenty-foot equivalent units at 320,086 in August, an increase of 29% compared to the same period last year. The port also recorded the highest monthly loaded imports on record at 159,791 TEUs during August, a 37% increase compared to August...

To view more FreightWaves infographics, click here. Image by PublicDomainPictures from Pixabay