Logistics

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DHL Supply Chain, a leader in contract logistics within Deutsche Post DHL Group, announced on Wednesday a framework agreement with Locus Robotics to continue expanding its automation collaboration that began in 2017 as an important piece to DHL's Accelerated Digitalization Strategy. Within this...

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More funding for passenger rail? Yes, please, according to President Joe Biden's proposed budget for the Federal Railroad Administration (FRA) for next year. The proposed $4 billion budget includes a 35% increase in financial support for Amtrak as well as the creation of a new grant program aimed...

Between the pressures of capacity demand, global vaccine distribution and plummeting passenger travel, the air cargo industry has been through the wringer ⁠— and it's not quite over. FreightWaves' Director of Market Intelligence Zach Strickland sat down with Ray Wood, head of global carrier...

With China's Full Truck Alliance moving toward an initial public offering in U.S. equity markets, its prospectus is giving potential investors, competitors and potential customers a look into the online logistics' platform's finances and business operations. Full Truck Alliance filed a...

Amazon.com, Inc. (NASDAQ: AMZN) said Tuesday it has opened its first facility dedicated to storing and distributing emergency supplies used in supporting disaster-relief efforts. The 10,000-cubic-foot facility near Atlanta holds more than half a million relief supplies that were donated and pre-...

The Surface Transportation Board (STB) has asked the Class I railroads through a series of recent letters to keep in close touch with regulators as the U.S. economy recovers, fall peak approaches and port congestion and chassis availability clog the supply chain. Specifically, the board is asking...

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Global supply chain visibility firm project44 has announced it has closed on a $202 million Series E round led by funds managed by Goldman Sachs Asset Management (NYSE: GS) and Emergence Capital, with increased investment from its current investors, including Insight Partners, Sapphire, 8VC,...

The digital revolution has changed the way the world does business. That change has been more evident and more rapid than ever before over the past year as all industries grapple with the challenges of COVID-19. Container shipping is no exception to the digital revolution, but the pace and benefits...

President Joe Biden's election signaled a stark change in policies and priorities from those of the Trump administration — not uncommon when the White House flips political parties — highlighted by a flurry of executive orders that started just hours after Biden was inaugurated. Included in those...

On Friday, JD Logistics (HKG:2618), the logistics spinoff of Chinese e-commerce giant JD.com (NASDAQ: JD), made its Hong Kong Stock Exchange debut priced at $HK40.36. It hit its peak of $HK47.75 and eventually gave up those gains, closing at $HK41.70 for a 3.3% gain. Much of this drop from the...

A search is ongoing for three crew members reported missing from a roll-on/roll-off (ro/ro) vessel that sank off the coast of Japan early Friday morning.  The MV Byakko sank at about 2:40 a.m. local time after colliding with the chemical tanker Ulsan Pioneer just before midnight in the Seto Inland...

Passenger aircraft dedicated purely to cargo operations have played an important role during the pandemic in delivering critical humanitarian and commercial supplies, as well as generating revenue for cash-strapped airlines when travel plummeted. Most airlines used the bottom half of airplanes for...