FedEx adds war surcharge as Ukraine crisis ratchets up shipping costs
Ukraine spillover effects now include higher shipping cost for FedEx.
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Ukraine spillover effects now include higher shipping cost for FedEx.
We’re breaking down the last mile ahead of FreightWaves’ Future of Supply Chain event.
The cost of the fuel consumed by the world’s commercial ships has skyrocketed — and it’s still rising.
A major U.S. retailer publishes its numbers, and on average they’re up more than 35 cents in two days.
Tender volumes recover most of last week’s decline while rejection rates continue their slow downward trend despite contract rate increases…
Three shipments bound for the Port of Novorossiysk have been canceled.
Federal regulators have amended their rules to make it easier to install driver-assist technology in trucks.
“Today, no area on the planet is left untouched by plastic pollution, from deep-sea sediment to Mount Everest. The planet deserves a multilateral solution that speaks from source to sea,” said Amina J. Mohammed, deputy secretary-general of the U.N.
On the show, a veteran-owned coffee brand; veteran-owned print shop serving supply chain businesses; and how DOD SkillBridge works
Before getting into CPG news, I encourage readers of The Stockout to join us at The Future of Supply Chain event, which takes place May 9-10 at the Rogers Convention […]
Arkansas Gov. Asa Hutchinson is a leader in computer science education; Jonathan Hoffman has expertise in national defense.
The knock-on effects from the Ukraine crisis are being felt across the business world, not least in air cargo.
Chicago OTRI increased to 19.7% in the past month, import container volumes are up 6% y/y for U.S., more
EcoCart will manage a new carbon-offset program for Walmart Canada that will aim to eliminate emissions from its last-mile delivery operation.
After reporting stronger-than-expected FY2021 earnings, Target announced that it would be adding distribution and sortation facilities in 2022.
As You Sow graded companies based on their progress toward achieving net-zero greenhouse gas emissions.
Brian Thompson shares how SMC3 gets employees ready to take on the market.
The vast majority of Teamsters Canada Rail Conference members working for Canadian Pacific agreed to conduct a work stoppage should negotiations fail.
ArcBest reported Friday that the favorable revenue trends logged in the fourth quarter have continued through the first two months of the first quarter.
Geoffrey Finlay, CEO of Chicago-based Logistyx Technologies, said joining E2open will “enable more companies to ship smarter.”
As U.S. truckers continue their cross-country journey, dubbed the People’s Convoy, to Washington to protest government mandates regarding COVID-19, an executive with the American Foundation for Civil Liberties and Freedoms, an organization that is collecting funds on the truckers’ behalf, has a criminal past in Texas.
TRAC Intermodal establishes a partnership with startup incubator ZEBOX; OminiTRAX subsidiary NSR of northern Ohio gets a battery-electric locomotive; and Missouri-based Jaguar starts operations in St. Louis.
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
A compilation of the past week in social media images includes Northwest floods, a Northeast snow squall and a weather satellite launch.
Militaries prepare for battle, but they also prepare for logistics. The resupply of troops and movement of equipment is crucial to successful operations.
ATRI has conducted significant research through the years that has informed policy and driven change. CEO Rebecca Brewster sits down with Nicole Glenn of Candor Expedite to discuss the organization.
As the industry continues to move away from clunky legacy solutions, more companies are choosing solutions based on user interface. While an intuitive interface is important, this can sometimes come at the expense of a strong back-end product.
Companies like ACI Logistix are using this broader approach to delivery as leverage in building their businesses.
The cost of truck transportation, measured in the PPI, continues to climb.
Weekend truckers in parts of the Midwest and South face the risk of severe winds and tornadoes (video forecast included).
In a century-old manufacturing complex where General Motors once built gears and axles, Waymo manufactures autonomous cars and trucks.
Protecting freedom in Ukraine will require economic sacrifice by many. Air cargo is already feeling the pinch.
Congressional watchdogs are alleging predatory pricing by three major container ship operators and want answers by March 16.
The 315,000-square-foot cold storage development aims to serve the South Florida logistics market.
Most of the 155 employees there are working remotely after being evacuated to the west, co-founder says.
ULSD rises slightly, semiconductor shortage could get worse and more 3PLs suspend shipments to and from Russia.
Manufacturers kept the screws tight on new Class 8 truck orders in February as a lack of supply chain visibility maintained stable backlogs.
Speakers. Demos. Networking. The Ozarks. Time to escape your virtual office and join us live for The Future of Supply Chain event.
Mexico’s wild west freight landscape is quickly being tamed by forward-thinking companies utilizing visibility technologies and all-risk insurance solutions.
Access to interchanges, treatment of American grain shippers compared to Canadian ones and service impacts weigh on shippers’ minds as they evaluate the proposed merger between Canadian Pacific and Kansas City Southern.
Among Thursday’s notes: Chicago’s outbound rejection rates trending higher, spot rates from LA to Detroit lowest in six months, and more.
Decreasing turnover rates and making companies more efficient requires job transparency to pull in the right people and maintaining a constant state of innovation to attract more people.
Cloud-based solutions – think Uber and Airbnb – have quickly overtaken their more traditional competitors in other industries. In time, a similar trend will likely be observed in transportation and logistics.
Mark Delaney of FourKites helps break down wider implications of slowing e-commerce sales in the region.
First-quarter updates from Old Dominion and Saia show LTL carriers are off to another strong start.
Carriers must pay fuel taxes to states they travel through, but the process can be complicated and time-consuming due to the various jurisdictions. Even a simple filing mistake can trigger an IFTA audit and bring unwanted scrutiny upon the carrier.
Russia’s invasion of Ukraine has heaped more uncertainty onto the global markets, adding to economic volatility.
As the federal government begins prioritizing EV infrastructure, trucking fleets and stakeholders need to stay abreast of changes at the intersection of industry and climate initiatives.
Russia’s invasion of Ukraine is a defining moment in history — and there are plenty of ways for the supply chain to ease the suffering.
Truckers will hit heavy snow and gusty winds this weekend in the eastern California mountains (video forecast included).
A U.S. Postal Service evaluation concluded that electric vehicles make sense for its next-generation delivery vehicle, but a short time frame and lack of funding require the deployment of gasoline-powered vehicles initially.
Kuehne + Nagel is the biggest air and ocean logistics provider and it’s pushing the right buttons for fast growth.
Tanker stocks favored by retail traders post big gains, while most container and dry bulk stocks hold steady.
Transportation Secretary Pete Buttigieg responded to concerns about a lack of truck parking during a Capitol Hill infrastructure hearing.
Latest supply chain impacts from the Ukrainian conflict; what war means for CHB; can autonomous fleets run 20 hours a day
A FreightWaves roundup of oil markets and other supply chain news related to the Russian invasion of Ukraine.
Susan Binsted says trucker Karl Sholl “restored faith in our hearts” after he helped her and her husband stay safe after an accident.
Modern Shipper talked with Sourcemap CEO Leo Bonanni and investor Juan Muldoon to break down the company’s new funding raise.
As parcel demand has skyrocketed, shippers have obviously been faced with serious capacity issues.
North American rail equipment manufacturers have customers and offices in the region, and they’re assessing what steps to take next as the situation unfolds.
It is not likely that routing guides are going to become extinct, but they will be smaller, more shallow and very much digital.
Nominate industry-leading shippers for FreightWaves’ annual Shipper of Choice award before Saturday, April 2.
CN and three other Class I railroads outlined to the Surface Transportation Board conditions that should be met before the board approves a merger between Canadian Pacific and Kansas City Southern.
If the Russia-Ukraine conflict’s international ramifications keep spreading, we face a real possibility of a bifurcating global economy. according to FreightWaves CEO Craig Fuller.
Expeditors International is desperately trying to recover from a major cyberattack that has degraded its logistics capabilities.
Among Wednesday’s notes: Rejection rates higher out of Columbus, dry van spot rates from LA to Atlanta fall 10%, and more.
As inflation has taken hold at record levels, e-commerce brands need to offer options to combat rising prices and keep consumer shipping costs low.
Truckers may hit delays in the Northwest as the risk of additional flooding continues (video forecast included).
The French company says it has a better solution for North American visibility users. Others say it lacks the clout to get it done.
The United States is closing its airspace to all Russian aircraft as punishment for invading Ukraine, President Joe Biden said in his State of the Union address to the nation […]
Pandemic gridlock, the Ever Given, COVID outbreaks, container shortages, flooding, Ukraine. The next shoe to drop: a labor dispute.
It’s a race: Will rates and surcharges keep up with rapidly rising price of diesel?
Companies clap back against Russia, convoys could disrupt SOTU, Suez Canal raises tolls again and more in the WTT newsletter
A group of carriers and logistics providers has formed to raise money for the people of Ukraine.
The South Atlantic Chassis Pool 3.0, will be ready in October 2023 and will have 60,000 chassis available.
Container lines and tanker owners rapidly and preemptively suspend business with Russia.
Air cargo is facing more headwinds because of the Ukraine crisis, but some industry players could gain business.
As the world holds its breath for the people of Ukraine, conflict in the region could soon disrupt global e-commerce volumes.
The Biden administration is backing new legislation aimed at alleged out-of-control market power by foreign ocean carriers.
“Relative sea-level rise and the increased frequency and severity of storms are already affecting port activity, infrastructure and supply chains, sometimes disrupting trade and transport,” the report said.
The Felicity Ace, which caught fire in the Atlantic on Feb. 16, was transporting luxury vehicles to the United States.
“This is not just a truckload-only tech solution,” Ken Beyer, CEO of TI Holding Co., told FreightWaves.
Among Tuesday’s notes: Chicago solid for dry van carriers, Lakeland market remains volatile, and more.
Growing e-commerce demand is likely to require higher inventories for timely fulfillment. That means a congested supply chain could become the new norm.
Only the first 100 people who select the March Madness ticket will be eligible, and tickets are going fast.
Facing a year with no revenue, Workhorse Group has turned to Canada’s GreenPower Motor to get Class 4 vans it can sell this year.
BMO’s detailed release of its transportation group statistics provide a good look at how the trucking industry is doing.
“There’s no other solution out there that has done this,” said Parade CEO and co-founder Anthony Sutardja. “We have really led the way in defining digital bidding and digital booking across our partner capacity networks.”
A section of U.S. Highway 101 is closed in Washington due to a landslide (video forecast included).
Container lines, shipowners and shippers have a new way to navigate the market chaos: cleared freight futures.
DoorDash is buying Bbot, which provides in-store technology to blend online and offline ordering experiences.
The benchmark diesel price is at its highest level in almost nine years to the day.
A Kansas-based trucking company, cited several times for safety violations for both its drivers and equipment, recently filed Chapter 11 bankruptcy.
Lordstown Motors is sticking to planned production of the Endurance electric pickup truck in Q3, but a shortage of cash makes the plan uncertain.
FreightWaves is covering the logistics-related fallout from Russia’s invasion of Ukraine from the air to the ground to the sea.
Western sanctions on Russia will have a devastating impact on all-cargo airline Volga-Dnepr. Shippers will feel some pain too.
While U.S. trucking company owner Bogdan Golosinskiy left Ukraine with his family when he was 9 years old, he says he can’t ignore the plight of hundreds of thousands of refugees.
The company says its U.S.-based agency with eastern Ukraine operations faces severe disruptions due to fighting in the region.
A District of Columbia lawmaker tells law enforcement that a security fence around the Capitol should be removed quickly following trucker demonstrations.
Companies rely on a wide variety of partners to handle their invoice auditing, including brokers and third-party freight pay companies. This approach can be risky, as these folks are not typically invoice audit experts, increasing the chance that inconsistencies and other issues will slip through the cracks.