Freight: Page 22

  • Costco truck is seen in front of a garage with the word "Receiving" above
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    Mario Tama via Getty Images
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    Costco slows chartered ship use as supply chain congestion eases

    The retailer took a $93 million charge so it could downsize its shipping activities after controlling delivery on 50,000 containers during the ocean crunch.

    By , Sarah Zimmerman • Dec. 14, 2022
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    Kendall Davis / Supply Chain Dive
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    Air freight rates nosedive with shippers flocking to ocean

    Businesses are opting for shorter capacity commitments to maintain flexibility, experts say.

    By • Dec. 13, 2022
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    Spencer Platt via Getty Images
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    Maersk CEO to retire after 40 years with the company

    As chief executive since 2016, Soren Skou has led the shipping giant through the pandemic era. Replacing him is Vincent Clerc, CEO of its ocean and logistics business.

    By • Dec. 13, 2022
  • A terminal yard from Georgia Ports Authority,
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    Retrieved from Georgia Ports Authority on December 09, 2022
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    Port of Savannah to transform terminal into container-only operation

    The Georgia port will renovate its Ocean Terminal and shift breakbulk cargo to accommodate a rise in shipping volumes.

    By • Dec. 12, 2022
  • Shipping containers sit stacked in a port on June 09, 2022 in Bayonne, New Jersey.
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    Spencer Platt via Getty Images
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    CMA CGM purchases two terminals in New York, New Jersey

    If the deal clears, the ocean carrier would own seven terminals in the U.S. and gain a critical foothold at the nation’s top East Coast gateway.

    By • Dec. 12, 2022
  • Picture of Victoria's Secret store sign
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    Daphne Howland/Supply Chain Dive
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    Victoria’s Secret moves freight from air to ocean in bid to save costs

    Executives said normalizing freight rates and improved supply chain flow have allowed the retailer to put goods back on boats, a strategy it expects will help save costs through next spring.

    By • Dec. 8, 2022
  • A Stena Line ferry on the water.
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    Permission granted by Amazon
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    Amazon leverages ocean shipping for next-day delivery in Sweden

    The e-commerce giant is ramping up its use of short trips by sea in a bid to lower carbon emissions.

    By • Dec. 7, 2022
  • U.S. President Joe Biden waits to speak about the recently passed $1.2 trillion Infrastructure Investment and Jobs Act at the Port of Baltimore on November 10, 2021
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    Drew Angerer via Getty Images
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    FMC to review over 175 shipper complaints against ocean carriers

    The agency unveiled preliminary guidance on how it would handle potential charge violations of the Ocean Shipping Reform Act.

    By • Dec. 7, 2022
  • An MSC-branded aircraft in a blue sky with clouds.
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    Courtesy of Atlas Air Worldwide
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    MSC Air Cargo takes flight

    The carrier launched its commercial operations with a route to Belgium.

    By • Dec. 7, 2022
  • Branches with small buds jutting from the right point toward a blue Gap sign with white lettering, mounted on a beige stone building.
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    Daphne Howland/Supply Chain Dive
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    Gap reaps benefits from lower air freight rates

    Retailers are growing more optimistic about freight-related tailwinds as rates become more favorable heading into the new year.

    By • Dec. 5, 2022
  • A man in a hardhat drives in a small utility vehicle with a yellow train with American flag in the background
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    Mario Tama via Getty Images
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    Rail labor negotiations

    Biden signs legislation preventing rail strike, lockout

    The president said the law avoids “what, without a doubt, would have been an economic catastrophe at a very bad time in the calendar.”

    By Sarah Zimmerman • Dec. 2, 2022
  • Freight rail cars carrying lumber sit on rail tracks
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    Mario Tama via Getty Images
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    Rail labor negotiations

    Senate sends bill avoiding rail shutdown to Biden’s desk

    The divided chamber shot down an amendment to give workers seven days paid sick leave.

    By Sarah Zimmerman • Dec. 1, 2022
  • An aerial photo of Memphis International Airport's Consolidated De-Icing Facility.
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    Permission granted by Memphis International Airport
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    FedEx stands to benefit from new de-icing pads at key cargo airport

    The timing for the Memphis International Airport facility's launch couldn’t be better as the busy holiday season ramps up, a FedEx executive said.

    By • Nov. 30, 2022
  • Signs with messages such as "Yes to Rail Unions! No to capitalist politicians!" is seen in front of the U.S. Capitol
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    Anna Moneymaker via Getty Images
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    Rail labor negotiations

    House passes bills to avert US rail shutdown, add paid sick leave

    The vote comes just two days after President Joe Biden urged congressional intervention, warning “a rail shutdown would devastate our economy.”

    By Sarah Zimmerman • Nov. 30, 2022
  • A tractor trailer has it's shipping container lifted for storage and examination at the docks March 22, 2004 in Jersey City, New Jersey.
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    Stephen Chernin via Getty Images
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    Maersk, IBM to shut down blockchain joint venture TradeLens

    The tool was intended to start a “digital revolution” for the supply chain. But it will end in Q1 2023 after failing to achieve commercial viability. 

    By • Nov. 30, 2022
  • Containers stacked at the Bayport Container terminal in Houston, Texas.
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    Permission granted by Port Houston
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    Port Houston pauses container dwell fee

    The postponement was due to delays from the port's external software developer.

    By • Nov. 29, 2022
  • Grey and yellow freight rail cars sit in a rail yard with a line of railroad tracks between them.
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    Mario Tama via Getty Images
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    Rail labor negotiations

    Biden calls on Congress to prevent rail shutdown

    The president said he’s been advised that “there is no path to resolve the dispute at the bargaining table” before the Dec. 9 deadline.

    By Sarah Zimmerman • Nov. 28, 2022
  • A team of people hold a sign that welcomes the first freighter flight to Evenes with a freighter aircraft in the background.
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    Courtesy of Lufthansa Cargo
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    Lufthansa Cargo adds route to slash delivery times for salmon shippers

    The carrier’s newly added A321 freighters are helping the company provide customized supply chain solutions.

    By • Nov. 28, 2022
  • A view of ships waiting to enter the Port of Los Angeles.
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    Permission granted by Marine Exchange of Southern California
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    The ‘ship backup has ended’ at Los Angeles, Long Beach ports

    Lower demand as a result of cargo shifting to the East Coast has helped clear the 25-month backlog.

    By • Nov. 23, 2022
  • Shipping containers are stacked on the Matson Oahu container ship at the Port of Long Beach on November 24, 2021.
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    Mario Tama via Getty Images
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    Ocean carriers plan to reduce capacity as demand falls

    Maersk, Zim and Matson are rightsizing capacity across several trade lanes, including some Transpacific routes affected by cargo diversions.

    By • Nov. 23, 2022
  • A freight train is blurred as it's seen speeding down the track
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    Brandon Bell via Getty Images
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    Rail labor negotiations

    Potential for rail shutdown rises as largest union rejects labor deal

    An impasse over guaranteed sick leave is likely headed to a congressional showdown.

    By Sarah Zimmerman • Nov. 21, 2022
  • J&J Snack Foods' frozen beverage business, which includes ICEE products, was not affected by ERP conversion issues.
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    "ICEE" by Steve Snodgrass is licensed under CC BY 2.0
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    J&J Snack Foods taps NFI for managed logistics

    After facing higher fuel costs year-over-year, the food distributor expects “$2 million to $4 million of opportunity” by outsourcing its logistics management.

    By • Nov. 18, 2022
  • MSC Air Cargo is set to launch in early 2023.
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    Retrieved from MSC on September 27, 2022
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    MSC Air Cargo prepares to take off ahead of schedule

    The carrier will begin weekly services connecting Mexico City, Indianapolis, Frankfurt and Hong Kong using an Atlas Air-operated 777-200F.

    By • Nov. 17, 2022
  • The Marco Polo, the largest cargo ship to call at an East Coast port, arrives under the Verrazzano-Narrows Bridge and into New York Harbor on May 20, 2021
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    Spencer Platt via Getty Images
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    Deep Dive // West Coast port labor talks

    Amid strike fears, cargo diversion a key fixture in 2022’s supply chain playbook

    The shadow of negotiations clouds U.S. railroads and West Coast ports. Shippers have leaned on less-risky alternatives, despite some drawbacks.

    By • Nov. 16, 2022
  • A train moves through a desert landscape
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    Mario Tama via Getty Images
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    Third rail union rejects contract as deadline for agreement looms

    The International Brotherhood of Boilermakers, which represents approximately 300 workers, has agreed to a “cooling off” period until Dec. 9.

    By Sarah Zimmerman • Nov. 14, 2022