Logistics

Canadian railway CN (NYSE: CNI) and Kansas City Southern (NYSE: KSU) plan to divest of about 70 miles of Kansas City Southern (KCS) track in Louisiana as part of the effort to secure regulatory approval to merge and create an "end-to-end" network that spans from Canada to Mexico. The proposal to...

Hapag-Lloyd has increased its container order by 60,000 twenty-foot equivalent units (TEUs). "The sharp increase in demand has led to a shortage of containers across the world. Severe imbalances — such as with exports from Asia but also owing to congestion in ports and delays in hinterland...

DHL Express is transforming its international air network with the creation of a cargo airline in Austria and other changes in response to strong volume growth and customer expectations for faster delivery of e-commerce orders. The parcel carrier on Tuesday said it is in the process of filing...

Write-offs and other signs of distress in the transportation book of business at BMO (TO: BMO.TO) remained healthy in the midst of a strong freight market, showing only minimal signs of deterioration from the prior quarter. BMO's transportation book is heavily weighted toward U.S. trucking. As a...

Not surprisingly, the boom in e-commerce has driven more transportation and logistics (T&L) companies to invest in technology. With everything from warehouse automation to visibility tools, these firms are racing to meet demands of shippers and consumers. But diving headlong into a tech...

Over the past decade, as-a-service (aaS) business models have infiltrated supply chain actors in order to advance the industry to keep up with increasingly tech-focused lifestyles. Software-as-a-service (SaaS) has targeted shippers across the globe, promising an easier way to handle in-house...

The Daily Dash is a quick look at what's happening in the freight ecosystem. In today's edition, we highlight FedEx's (NYSE: FDX) looming rate increases, the rise of chief sustainability officers and more.         The High Five 1. Effective June 21, FedEx Corp. will have a special delivery for...

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E-commerce surged as COVID-19 forced people to change buying behaviors. With that surge in online shopping also came a surge in returns, and companies have had to alter return policies and procedures as a result.  Returns are particularly difficult for big and bulky items like furniture and...

Effective June 21, FedEx Corp. (NYSE: FDX) will stick it to its customers in the form of significant percentage increases to three delivery surcharges. FedEx's residential delivery surcharges on domestic air and ground deliveries will double from 30 cents per package to 60 cents per package....

Digital freight brokerage Uber Freight (NYSE: UBER) on Tuesday launched its self-service platform for shippers within Canada. The company began doing business in Canada in 2019 and has been manually facilitating domestic and cross-border shipments originating from Ontario and Quebec. With the...

The call for technological innovation across logistics is louder than ever. The transportation industry has been racing toward greater digitization and connectivity for the past several years, and the coronavirus pandemic has done nothing but accelerate the pace. Carriers and third-party...

The tables have drastically turned since last spring when the economic shutdowns led to a drop in demand, causing truckload rates to plummet to under $1 dollar per mile. For the past year, transportation costs for shippers have spiked, as spot market rates are well above $3 per mile, causing...

After months of testing drone delivery to designated pickup locations, Flytrex is now able to take the next step — delivering to the customer's yard. The Israeli-based company announced Tuesday that the Federal Aviation Administration (FAA) had approved its request to fly drones over people,...

Within weeks – June 12 to be exact – commercial motor carriers operating in Canada will have to comply with that country's electronic logging device (ELD) mandate. Similar to the regulation that went into effect in the U.S. in 2017, Canada's ELD rule will require electronic data collection of...