Archive for Press - page 14

CMA CGM Air Cargo, the startup airline of France-based shipping giant CMA CGM, abruptly dumped logistics customers and stopped selling its own service in the U.S. so it can lease the aircraft to other cargo airlines in an apparent effort […]

The Port of Savannah is set to transform its ocean terminal into a container-only facility in order to meet booming demand for boxship capacity. After a yearlong sustained surge in cargo volume, the Georgia Ports Authority (GPA) has unveiled a […]

The U.S. House moved urgently to head off the looming nationwide rail strike on Wednesday, passing a bill that would bind companies and workers to a proposed settlement that was reached in September but rejected by some of the 12 unions involved. […]

Larger fleets know the crushing math too well: The more tractors, trailers, and people they have out on the road, the greater their vulnerability is to accidents and, ultimately, the much higher their exposure is to costly litigation. Factor in […]

More than five years since the Tesla Semi prototype was unveiled, the first production models of the electric truck could be added to PepsiCo’s private fleet, which expects to receive the first of its 100 Semis on Dec. 1. In preparation for that […]

Less-than-truckload carriers have been vocal that they will be rightsizing head counts to match a recent pullback in volumes. On Tuesday, XPO (NYSE: XPO) confirmed to FreightWaves that it will be offering voluntary furloughs. “As we’ve done in the past, […]

Fall has been fruitful for U.S. ports on the East and Gulf coasts but not as bountiful for at least one West Coast gateway. The Georgia Ports Authority reported Monday that it handled 552,800 twenty-foot equivalent units in October. That’s […]

 Thursday’s heavy snowfall that has pounded parts of western New York state will persist into Friday, when the worst of the potentially historic storm may cause trees to topple and property damage. “The snowfall will produce near zero visibility, difficult […]

The retrenchment of the $46 billion less-than-truckload (LTL) industry is beginning as the industry enters its slowest freight demand part of the year. FedEx Freight, the LTL unit of FedEx Corp. and the nation’s largest LTL carrier, said it is laying off […]

Earlier this week, FedEx Freight, the less-than-truckload subsidiary of global logistics and freight transportation services provider FedEx, announced it is rolling out a new pilot initiative, which it described as an industry changing space and pace pricing pilot for select […]