News

September 8, 2023

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…

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September 1, 2023

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…

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August 31, 2023

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…

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August 30, 2023

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…

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August 29, 2023

Climate Crisis Strains Global Trade as Panama Canal Drought Leads to Severe Delays

A severe drought in Panama has thrown a wrench into the gears of global commerce, as reduced water levels at…

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August 28, 2023

Republic Steel Ordered to Pay $4.6M in Breach of Contract Case; Announces Layoffs After Verdict

August 28, 2023 – In a significant legal decision, Republic Steel, based in Ohio, has been ordered to pay nearly…

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August 22, 2023

The Real Estate Gold Rush: The Yellow Trucking Saga

If you’ve been following the logistics sector or if you’re just a fan of corporate dramas, you’ll find the bankruptcy…

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August 17, 2023

The Growing Concern of Double Brokering in the Logistics Industry

Logistics and supply chain operations often run smoothly, akin to a well-oiled engine. However, like any engine, there are weak…

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August 16, 2023

FMC Probes Claims That MSC Overcharged Customers For D&D

MSC may face charges relating to alleged violations of the US Shipping Act following an Federal Maritime Commission (FMC) probe…

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August 15, 2023

China’s Economic Downturn is Impacting Major American Companies

China’s economic slowdown and its ensuing impact on global businesses is a multi-faceted issue that requires a deeper dive to…

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