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07
Feb
Bankrupt Yellow Corp. Settles COVID Loan with Full Repayment of Principal and Interest
Yellow Corp., formerly known as YRC Worldwide, has recently repaid the $700 million COVID-relief loan it received from the U.S. Treasury in 2020, along with over $151 million in interest, as per a statement released late Monday. This development is […]
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06
Feb
Transportation Prices Rise, Signaling End to 19-Month Contraction: LMI Update
For the first time in 19 months, transportation prices in the United States have shifted to expansion, driven by retailers’ increased inventory restocking. This development was highlighted in a recent Logistics Managers’ Index (LMI) report released on Tuesday. The LMI, […]
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26
Jan
Rerouting Trade: How the Red Sea Crisis is Reshaping MSC’s Shipping Operations in India
The recent crisis in the Red Sea has had a significant impact on global shipping operations, particularly affecting the Mediterranean Shipping Co. (MSC) and its services out of India. Due to growing security concerns in the Red Sea region, MSC […]
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03
Oct
Cybersecurity in Logistics: Risks and Solutions
As the logistics and transportation industry increasingly digitizes its operations for efficiency, it also exposes itself to a myriad of cybersecurity risks. Recent outages at companies like Estes Express Lines and Norfolk Southern, as well as ongoing legal challenges faced […]
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24
Sep
Decoding LTL Freight Pricing
Understanding LTL freight pricing is essential for any business that depends on reliable, cost-effective shipping. In this quick guide to LTL freight pricing, we’ll review the basics and explore some of the finer points of LTL shipping, so you can […]
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22
Sep
Navigating the Future of Freight Forwarding: Balancing Technology and Human Expertise
In the ever-evolving world of logistics and freight forwarding, recent leadership changes at some Freight Forwarding companies have sparked a crucial conversation about the industry’s trajectory. The shift in philosophy towards customer experience over the allure of technology-driven disruption underscores […]
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08
Sep
When Drought Halts a Lifeline: Understanding the Panama Canal’s 2023 Crisis
The Panama Canal, an 80-kilometer waterway crucial for global shipping, is in crisis due to persisting drought conditions that have led to plummeting water levels. The ongoing drought and the resulting measures taken by the Panama Canal Authority have severely […]
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01
Sep
U.S. Rail and Intermodal Volumes Decline Amid Economic Headwinds
The United States has witnessed a challenging landscape for rail carloads and intermodal volumes, according to recent data released by the Association of American Railroads (AAR) for the week ending August 19, 2023. These declines are not isolated events but […]
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31
Aug
From Waterloo to Wall Street: The Evolving Role of IT in Business Success and Failure
According to legend, the Duke of Wellington ascribed his historic victory in 1815 by saying, “The battle of Waterloo was won on the playing fields of Eton.” A century later, George Orwell opined, “Probably the battle of Waterloo was won on the […]
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30
Aug
FedEx Announces Strategic Rate Adjustments to Challenge UPS Amid Labor Cost Concerns
Rate Changes Take Effect January 1, 2024 Memphis, TN – FedEx Corp. (NYSE: FDX) made an early announcement on Tuesday detailing a 5.9% increase in tariff rates for most of its U.S. services. This marks a reduction from last year’s […]
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