November 2021 Freight Transportation Services Index (TSI)
The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, rose 0.6% to 136.9 in…
Realterm acquires highly functional truck terminal in New Jersey
Realterm announced today the acquisition of a highly functional truck terminal located at 108 New Era Drive, South Plainfield, N.J. The fully leased property sits…
Hyster partners with RICO on expanded line of explosion proof lift trucks
Hyster Company announces an expansion of the certified Explosion Proof (EX) lift truck line, in which traditional Hyster lift trucks are converted by RICO Manufacturing,…
Kwik Delivery reaches 100,000 customers and announces +400% GMV & revenue growth for 2021
Kwik is one of the few digital players able to propose access to end-to-end fulfillment and delivery services to its customers
Shipping container turnaround times reach maximum capacity in China
• Containers spent an average of five days at depots in China in 2021 compared to 61 days in 2020 • Containers are spending more…
LG announces US launch of CLOi ServeBot, world’s first service robot to achieve UL certification
LG Business Solutions USA announced that the LG CLOi ServeBot is coming to the U.S. market in early 2022. Model LDLIM21 is the world’s first…
Finnair cuts flights as omicron staff shortage spreads to Europe
Finland’s national carrier Finnair Oyj canceled roughly 20% of its flights in February, in anticipation that staff sick leaves will continue to increase.
Ryanair accuses Lufthansa of faking climate fears to keep airport slots
Ryanair Holdings Plc is accusing German competitor Deutsche Lufthansa AG of raising false environmental concerns about so-called ghost flights to protect its bases at major…
Cathay will cooperate with probes on omicron outbreak
Cathay Pacific Airways Ltd. Chairman Patrick Healy said the airline will cooperate with two government investigations after outbreaks of the omicron variant were traced back…
China’s omicron outbreak is bad news for the global supply chain
An omicron outbreak in China is sending jitters through supply chains as manufacturers and shippers brace for disruption inside the world’s-biggest trading nation if it…
Get the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
