FedEx to celebrate Fred Smith’s life at Memphis event
FedEx will honor founder Fred Smith, who died last month, at a large ceremony in August.
FedEx will honor founder Fred Smith, who died last month, at a large ceremony in August.
Ocean container indicators turn negative as importers wait for developments on tariffs and trade policy.
Chinese-owned Orient Overseas (International) Limited, parent of OOCL, said it carrier 4.4% more containers in the second quarter from a year ago.
International mail systems grew revenue in 2024 as e-commerce shipments negated a downward trend in letter mail.
A global alliance of union dockworkers is planning to meet later this year to map out a strategy to fight automation they say eliminates jobs.
Ocean container rates on the key Asia-U.S. trade lanes continued their downward trend in the latest Freightos index.
Containerized imports through U.S. ports staged a modest comeback in June following a sharp drop in May.
In a move toward zero emissions operations, the Port Authority of New York and New Jersey has introduced an electric truck charging station at Port Newark.
&T Express, a major parcel freight carrier in Southeast Asia, posted record second-quarter volume growth.
Italy-based Ficantieri has a new U.S. chief as it becomes the latest shipbuilder to align with the Trump administration’s aim to revive domestic capacity.
Crowley is expanding its Northeast Atlantic container vessel services to include a key bi-state destination in the U.S. Northeast.
A merchant vessel has been attacked in the Red Sea, the first such incident in 2025.
UPS will offer an early retirement package to drivers as it looks to cull 20,000 workers amid slower parcel growth.
FedEx will soon provide a single pricing structure for parcel pickups to coincide with restructuring of Express and Ground networks into a single network.
Shippers are paying an average 21% tariff on containerized imports entering the United States, ocean line Maersk said.
DHL Group has replaced the heads of Global Forwarding, eCommerce and Supply Chain at various levels within the Americas region.
The outlook for Asia trade agreements is improving, which is more than can be said for container rates on the eastbound trans-Pacific.
Ocean carriers to reduce cancelled sailings by 44% in July, says Drewry, but weaker trans-Pacific trades to account for almost half the total.
The U.S. Postal Service is saving a great deal of money with UPS as its prime air cargo vendor instead of FedEx, according to a new inspector general’s report.
https://www.freightwaves.com/news/us-taking-closer-look-at-ocean-carriers-antitrust-immunity