Logistics

Shipments and expenditures surged again in April, according to data released by Cass Information Systems (NASDAQ: CASS) on Wednesday. The Cass Freight Index returned a 27.6% year-over-year increase in shipments with the expenditures component of the index jumping 45.1%. The comparisons to the...

Ocean shipping line CMA CGM's new air cargo division said Wednesday it is extending its fledgling network beyond the U.S. with the addition of destinations in Dubai, Beirut and Istanbul.  The cargo airline began operating two months ago and currently serves Chicago, New York and Atlanta with four...

South Carolina Ports reported a record April for cargo handled at the Port of Charleston. The South Carolina Ports Authority said it moved 225,137 twenty-foot equivalent units (TEUs) across the Wando Welch, North Charleston and Hugh K. Leatherman terminals, a 27.8% year-over-year increase.  The...

The last-mile innovation continues, and retailers are jumping on the bandwagon in a big way. According to a new report from last-mile logistics provider Bringg, 64% of respondents said they are planning new premium services and service plans to increase business. "This past year has forced...

The Daily Dash is a quick look at what's happening in the freight ecosystem. In today's edition, we highlight Prologis' plan for creating a certification program for logistics workers, rising air cargo rates and more. The High Five 1. Prologis has partnered with the Association for Supply Chain...

The German shipping line Hapag-Lloyd is not one to bandy about words like "whopping" or "skyrocketed" or "best ever" when describing bottom-line financial results. But the bottom line is Hapag-Lloyd's first-quarter 2021 earnings before interest and taxes of $1.5 billion equaled the EBIT for all...

Major fuel suppliers in the Southeast are starting to list an increasing number of outlets with no diesel supplies as the shutdown of Colonial Pipeline heads into its sixth day.  While the market waits for an expected announcement Wednesday evening regarding whether Colonial believes it can safely...

Several years ago, Mays Chemical, a midsized national distributor of food chemicals and raw materials, found itself at an increasingly common crossroads. Its transportation manager was set to retire, taking with her that hard-earned and hard-to-transfer tribal knowledge about the ins and outs of...

CSX Corp. (NASDAQ: CSX) announced Wednesday that it has signed an agreement with Quality Distribution to acquire bulk liquid chemicals transportation provider Quality Carriers Inc. Terms of the agreement were not disclosed.  The Quality Carriers management team will continue to lead the chemical...

Prologis (NYSE: PLD) announced Tuesday that it has partnered with the Association for Supply Chain Management (ASCM) to create a certification program for logistics workers. The San Francisco-based logistics real estate investment trust plans to launch the program during the third quarter....

The average meal travels 1,500 miles to its destination, according to CUESA, a nonprofit organization dedicated to growing thriving communities through local food markets. The organization said that this travel includes food moving from farms to processing plants, from the plants to warehouses, and...

The airfreight market is so saturated that companies without precommitments, or the stomach to pay premiums, are having difficulty finding aircraft to move their goods. And import cargo keeps coming, on top of record volumes for air and ocean shipping, further straining an air logistics system...

The Daily Dash is a quick look at what's happening in the freight ecosystem. In today's edition, we highlight the latest coverage of the cyberattack that shut down the Colonial Pipeline, along with more industry news. The High Five 1. Colonial Pipeline, which carries fuel from the Gulf Coast...

Rivals Canadian Pacific (NYSE: CP) and CN (NYSE: CNI) are still at work seeking to convince the Surface Transportation Board (STB), industry stakeholders and Kansas City Southern (NYSE: KSU) shareholders which Canadian railway is the best company suited to merge with Kansas City Southern (KCS). CP...

A union representing Canadian cargo pilots slammed a U.S. counterpart for criticism of employer Cargojet (TSX: CJT) over alleged efforts to undermine stricter duty-time regulations aimed at reducing fatigue, saying the remarks constitute interference in ongoing bargaining and a self-serving attempt...