Freight rail groups push Feds to reopen Texas-Mexico border crossings AAR and IANA acknowledge ongoing immigration issues, but decry freight delays December 19, 2023 Ben Ames No Comments AAR and IANA acknowledge ongoing immigration issues, but decry freight delaysRead More
EU manufacturing sector could stumble as ships divert from violence at Suez Canal Red Sea trade route typically funnels over 50% of the weekly container shipping capacity on routes between the Far East and Europe December 18, 2023 Ben Ames No Comments Red Sea trade route typically funnels over 50% of the weekly container shipping capacity on routes between the Far East and EuropeRead More
Container traffic slows at Suez Canal after Red Sea missile attacks A.P. Moller-Maersk and Hapag-Lloyd divert vessels from increasingly dangerous waters December 15, 2023 Ben Ames No Comments A.P. Moller-Maersk and Hapag-Lloyd divert vessels from increasingly dangerous watersRead More
NRF: shrinkage continues to rise, but maybe not organized crime Retail group retracts statistic on portion of retail shrink that was caused by “organized retail crime” December 11, 2023 Ben Ames No Comments Retail group retracts statistic on portion of retail shrink that was caused by “organized retail crime”Read More
Freight exec Brad Jacobs turns sights on building products distribution sector Industry is prime for consolidation because it generates billions in annual revenue, but is highly fragmented and lacks modern tech, investor says December 11, 2023 Ben Ames No Comments Industry is prime for consolidation because it generates billions in annual revenue, but is highly fragmented and lacks modern tech, investor saysRead More
Former XPO chief Brad Jacobs builds $1 billion war chest for another acquisition run Investor announces plan to take over software firm called SilverSun Technologies and use it to buy up targets in an unnamed industry December 4, 2023 Ben Ames No Comments Investor announces plan to take over software firm called SilverSun Technologies and use it to buy up targets in an unnamed industryRead More
Hapag-Lloyd is latest to add “war risk surcharge” on shipments to and from Israel Ongoing violence in region leads to climbing insurance rates for vessels calling Israeli ports December 1, 2023 Ben Ames No Comments Ongoing violence in region leads to climbing insurance rates for vessels calling Israeli portsRead More
Startup says its electric motor can save power in conveyors Infinitum raises $185 million, partners with Rockwell Automation to bring product to warehouses December 1, 2023 Ben Ames No Comments Infinitum raises $185 million, partners with Rockwell Automation to bring product to warehouses Read More
Universal Robots unveils smaller, stronger cobot arm UR30 can hoist 30 kg or 65 pounds for applications in material handling and palletizing November 29, 2023 Ben Ames No Comments UR30 can hoist 30 kg or 65 pounds for applications in material handling and palletizingRead More
Intermodal groups applaud White House pick for new Multimodal Freight Office DOT position will coordinate across modal agencies to enhance information sharing, and guide investments in intermodal projects November 29, 2023 Ben Ames No Comments DOT position will coordinate across modal agencies to enhance information sharing, and guide investments in intermodal projectsRead More