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Container Terminal Berthing 22,000-TEU Ships In Louisiana Moves Forward
Wednesday, August 11, 2021 - 4:11pm | 607Read More...Plaquemines Port announced Wednesday that development partner LA23 Development Co. (LA23 Devco) has secured the site for a future container terminal. The land sits on the west side of the Mississippi River, 50 miles from the Gulf of Mexico, with rail access to both Union Pacific's (NYSE: UNP) and...
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Last-Mile Delivery Firms Call Lack Of Drivers Their Main Concern
Wednesday, August 11, 2021 - 11:59am | 1087Read More...E-commerce is continuing its strong performance in 2021, but the companies responsible for getting those packages to consumer doorsteps continue to be plagued by challenges, including a lack of drivers. The Bureau of Labor Statistics said courier jobs climbed to 1,006,400 on a seasonal basis in...
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Why Freight Is Crucial To Decarbonization — Net Zero Carbon
Wednesday, August 11, 2021 - 11:35am | 233Read More...Norfolk Southern isn't just in the business of moving freight, they're in the business of a better planet. To learn more about Norfolk Southern's industry-leading sustainability initiatives, go to nscorp.com/betterplanet. FreightWaves launched its Carbon Intelligence platform earlier in 2021 with...
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Cambridge, SoftBank Back Parcel Perform In $20M Series A
Wednesday, August 11, 2021 - 10:25am | 1072Read More...While Dana von der Heide and Arne Jeroschewski were working to improve e-commerce logistics within Asia Pacific at DHL, the pair realized advancing the experience for retailers could not be done with just one carrier. This inspired them to step away from DHL and co-found Parcel Perform, a...
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Weekly Fuel Report: August 10, 2021
Tuesday, August 10, 2021 - 1:08pm | 121Read More...Learn more at SONAR.FreightWaves.com Image by C Morrison from Pixabay
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August To Be Record For Retail Imports, NRF Says
Tuesday, August 10, 2021 - 12:32pm | 972Read More...The National Retail Federation is calling for the start of peak season to kick off with a bang. The group sees imports to the nation's largest retail container ports increasing 12.6% year-over-year in August to 2.37 million twenty-foot equivalent units, ahead of the recent monthly record...
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Ocean Carriers: Shipping Reform Act 'Doomed To Fail'
Tuesday, August 10, 2021 - 11:25am | 985Read More...Container carrier representatives in Washington are pushing back hard against legislation introduced Tuesday aimed at addressing yearlong complaints against carriers by their customers alleging service failures and unfair pricing they say would have disastrous consequences for container markets....
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Toggle Raises $1.6M For Blockchain Technology Connecting Shippers To Carriers
Tuesday, August 10, 2021 - 10:47am | 861Read More...Digital intermediaries like Uber Freight, Convoy, and Transfix have entered the freight brokerage market to enhance its efficiency and create cost savings for shippers while opening new lanes of cargo for carriers to scale and grow their business. A new software-as-a-service player has entered the...
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Moving From 'E-Commerce In A Box' To 'Composable Commerce'
Tuesday, August 10, 2021 - 10:44am | 1516Read More...E-commerce continues to maintain its foothold in the economy, but future sales are potentially at risk for some businesses that rely on traditional e-commerce platforms, said the CEO of Fabric. Faisal Masud spoke to Modern Shipper on that and the e-commerce market in general in a recent interview...
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Reliance Partners 'Bullish' On Laredo, Texas-Mexico Corridor
Monday, August 9, 2021 - 12:19pm | 1078Read More...There's much to gain from the nearly $2 billion in trade flows across the U.S.-Mexico border every day. Pacific trade lanes remain stifled by west coast port congestion, the ongoing COVID-19 pandemic and the trade war between the United States and China. These past-year developments have led many...
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Daily Infographic: The 5 Most Fascinating Drone Deliveries Of 2021
Monday, August 9, 2021 - 10:06am | 125Read More...- To view more FreightWaves infographics, click here. Image by Lukas Bieri from Pixabay
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Teamsters Election May Hold Cards For Upcoming UPS Contract Talks
Monday, August 9, 2021 - 10:03am | 1769Read More...The five-year contract between the Teamsters and UPS Inc., the Teamsters' largest employer with 268,000 members, doesn't expire until July 31, 2023. Talks aren't likely to start until late 2022. In reality, however, the contract cycle starts around Thanksgiving 2021. Barring unforeseen...
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Crude Awakening: Oil Slides To Four-Month Low, Indicating Possible Economic Fears
Monday, August 9, 2021 - 9:50am | 2266Read More...The week begins with Wall Street vacillating between signs of an improving economy and worries about the Delta variant. This morning, the bias seems to be a bit lower. Maybe that’s in part because of a sharp decline in crude prices to the lowest level since May, below $66 a barrel....
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AWS Eased Investor's Disappointment In Amazon's Slowing Growth
Friday, August 6, 2021 - 6:03pm | 659Read More...Amazon Web Services continues to be a star player for Amazon.com, Inc (NASDAQ: AMZN). As vaccines kicked in and helped the world restore somewhat of normalcy that includes in-store shopping, the hyped demand that amazon enjoyed is slowly weakening. But to be clear, it is nothing dramatic, just...
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Global Demand Isn't Booming. So Why Are Shipping Rates This High?
Friday, August 6, 2021 - 5:17pm | 1327Read More...There is no COVID-era surge in global cargo demand. There's a lengthy albeit temporary spike in congestion compounded by a localized, stimulus-and-savings-driven demand boom in America. That explanation for skyrocketing rates gained more traction Friday when liner giant Maersk released details of...
















