News - page 4

Against a background of extremely weak demand forecasts, ocean carriers are preparing to blank around half their advertised sailings from Asia to North Europe and the US after Chinese New Year on 22 January. High inventory levels in Europe and […]

The situation remains far from normal at some U.S. ports. There were still 18 container ships at anchor waiting for a berth in Savannah, Georgia, on Monday. But for the country overall, weakening inbound cargo volumes are bringing imports close […]

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 […]