freight
Amid Red Sea Drama, Europe Imports More Chinese Cargo Via Rail
China-to-Europe rail freight volumes have jumped 11 percent year over year to 1.23 million TEUs moved in H1…
GXO’s Volume Trends Show Positive Signal for Freight Market
"We believe we saw the bottom of the inventory cycle in the fourth quarter of last year," said GXO CEO…
Inventory Restocking May Be the Freight Recession’s Antidote
According to Motive's Overall Retail Index, department stores, apparel and electronics saw June warehouse…
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Second-Half Issues: Freight Congestion, Retail Inventories & Consumers
Shippers may pull forward freight over US election and tariff fears.
RXO’s Coyote Deal— All About Scale
The RXO-Coyote deal is representative of how truckload brokers see scale as a longer-term trend where big…
FedEx Review Could Lead to Sale of LTL Biz
FedEx Corp.'s CEO Rajesh Subramaniam said the strategic review its FedEx Freight business should be completed…
Inbound Containers Influx Carries On With May Increase
Data shows that, in May, container imports increased compared with last year, but that growth slowed compared…
UPS Sells Coyote Logistics to RXO for $1B
RXO will become third largest N.A. freight brokerage firm at the end of 2024 following its acquisition of…
Flexport Expands Convoy to Match Carriers and Brokers
This app can lower the carrier procurement and load management costs on the platform by as much as 90…
Norfolk Southern Forks Over $310 Million in Federal Settlement
The railroad is paying up to settle claims and cover costs stemming from a February 2023 train derailment in…
Air Cargo Demand Taking Off Again
IATA data shows that March demand for air cargo increased by more than 10 percent year-on-year and Q1 traffic…
Biden Admin Lays Out Zero Emissions Freight Goal
As part of the recent zero-emissions commitment, the administration will dole out a combined $1.5 billion to…
Federal Ruling Mandates 2-Person Crews for Railroads
The Association of American Railroads (AAR) isn't thrilled with the ruling, citing a "lack of evidence"…
Flock Layoffs Emphasize Freight Tech’s Needed Pivot to Profitability
Meanwhile, CMA CGM said it will commit to no job cuts for a full year after the recent $5.3 billion…
Ikea Wants Court to Solve $500,000 Dispute for Carriers Unpaid by Convoy
In a lawsuit, Ikea says freight carriers have sought payment from the home retailer after Convoy's collapse.