Logistics

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United Airlines (NASDAQ: UAL) grabbed headlines last month with news it had signed a letter of intent for 15 supersonic jets. The sleek vehicles from Boom Supersonic have a long way to go before becoming a reality, but if they ever become viable, they could siphon off cargo capacity on a handful of...

Transport Canada is temporarily restricting train speeds for Canadian Pacific (NYSE: CP) and CN (NYSE: CNI) in British Columbia should hot summer temperatures and dry conditions reach a certain threshold. The Saturday order, effective through Oct. 31, comes as federal investigators are looking...

Last-mile logistics services provider DeliverEnd is partnering with contactless shopping company Perfit to establish an end-to-end, same-day local delivery solution for online shoppers. The partnership will combine DeliverEnd's scalable last-mile delivery solutions and driver networks with Perfit's...

More than 150 trucking, logistics and towing companies are collectively owed hundreds of thousands of dollars after a New Jersey freight forwarder specializing in shipping automobiles, boats and motorcycles worldwide abruptly ceased operations and filed Chapter 7. Advectus Transportation Services...

For many warehouse automation companies, the time is now to enter the public markets, and that is true for Berkshire Grey, which will likely go public later this month through a reverse merger with special purpose acquisition company (SPAC) Revolution Acceleration Acquisition Corp. (RAAC). A vote...

Los Angeles-based livestream commerce company talkshoplive (TSL) announced Thursday the completion of a $6 million seed extension, bringing the fast-growing startup to $10.5 million raised in total. The new round of funding was led by Raine Group, the venture capital arm of TMT-focused venture...

Deutsche Lufthansa AG (DXE: LHA) is expanding its cargo capabilities with a rare investment in narrowbody freighters. The German flag carrier said Wednesday that its cargo division, which operates 10 Boeing 777 widebody freighters and has access to four more through its Aerologic joint venture...

The conversation surrounding climate change has intensified in recent years, and everyone from corporations to consumers has taken notice. Once considered something of a niche interest, sustainability has gone mainstream. This is great news for the health of the planet, but it does mean shippers...

GoFor and Bringg have announced a partnership that will utilize GoFor's marketplace for last-mile, on-demand and same-day delivery and logistics alongside Bringg's delivery and fulfillment cloud platform to increase delivery capacity, coverage and customer experience on a global scale. Using GoFor...

On this episode of FreightWaves Insiders, Dooner catches up with Shifl founder and CEO Shabsie Levy. Levy has over a decade of experience in the international supply chain industry along with an extensive background in software and digital innovation. Shifl was founded with expertise of the...

Federal Maritime Commission Chairman Daniel Maffei has welcomed a White House executive order calling on the Justice Department to help the FMC investigate and potentially fine ocean carriers charging shippers unreasonable rates and fees. President Joe Biden's executive order, announced on...

To view more FreightWaves infographics, click here. Image by Gerhard G. from Pixabay

Capacity has just about reached its limit on the global stage as shippers and importers continue to brave exorbitant rates and ever-increasing tightness. Third-party logistics services provider GEODIS echoed one U.K.-based forwarder's sentiment that the "perfect storm" troubling ocean freight...

Within the last month alone of this current high-demand climate, 11,000 new trucking companies entered the market. But as industry veterans know, the margins for trucking companies are razor thin and the industry is accustomed to boom-and-bust cycles. One notorious expense that challenges the...