FedEx jumps most since ‘98 on profit surprise, e-commerce revamp
FedEx Corp. wasn’t planning for a pandemic when it began overhauling its Ground unit last year to prepare for the growth of e-commerce. But the…
American Airlines resets international network for remainder of 2020 through summer 2021
American Airlines Group Inc. will adjust its long-haul international schedule for winter 2020 through summer 2021. In an effort to match low demand resulting from…
Nonfossil sources accounted for 20% of US energy consumption in 2019
Overall energy consumption in the United States totaled 100 quadrillion British thermal units (Btu) in 2019, only slightly less than the record set in 2018…
SeaLand clarification on weight discrepancy fee, effective July 1, 2020 (US and Canada)
Since July 2016, every packed export container is required to have a Verified Gross Mass (VGM) as a condition of loading aboard a vessel. Sealand…
ATA hails USMCA implementation
Today, the American Trucking Associations thanked leaders in the United States, Canada and Mexico for their work in crafting a new continental trade agreement –…
Freight railroads welcome new era of North American trade
With the United States-Mexico-Canada Agreement (USMCA) entering into force today, AAR President and CEO Ian Jefferies issued the following statement on the importance of these…
DSV builds Europe’s largest logistics centre in Horses, Denmark
DSV plans to invest approx. 2 billion Danish Kroner in a new logistics centre, Europe's largest with just one leaseholder.
ASA applauds as USMCA takes effect
After nearly a year of advocating on the Hill and online for a new North American free trade deal, the American Soybean Association (ASA) cheers…
YRC Worldwide expects to receive $700 million CARES Act loan from US Treasury
YRC Worldwide Inc., the nation’s second largest less-than-truckload (LTL) shipping company, today announced that the United States Department of the Treasury (“UST”) intends to provide…
CEOs raise no-deal alarm as UK passes ‘point of no return’
Some 110 business leaders have warned U.K. Prime Minister Boris Johnson of dire consequences if he fails to sign a trade deal with the European…
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