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The post Daily Infographic: US annual parcel shipping volumes to grow 5% through 2028 appeared first on FreightWaves.
The post Daily Infographic: US annual parcel shipping volumes to grow 5% through 2028 appeared first on FreightWaves.
Multimodal transportation provider J.B. Hunt Transport Services announced Tuesday that former Kansas City Southern President and CEO Patrick Ottensmeyer has joined its board effective last Friday. The addition expands the company’s board to 10 seats. Ottensmeyer’s time at Class I railroad KCS spanned 17 years and included significant growth in revenue as well as improvement…
A decline in freight volumes, geopolitical concerns and cost inflation were top of mind for customs brokers and freight forwarders, according to Descartes’ eighth annual benchmark survey. Of the 272 participants polled by the supply chain software-as-a-service provider, most noted that while overall freight demand has fallen, shipment sizes have continued to increase, albeit at…
When it comes to truck driving, two might be better than one. Team driving is by nature more productive than solo driving, which is why it’s appealing to carriers; after all, with two drivers taking turns driving and resting, the pair can make deliveries in half the time one person could. “One big advantage to…
A former vice president at Polar Air Cargo pleaded guilty last week to participating in a scheme to defraud the company of $52 million for more than a decade. Six of nine individuals charged in the plot have presented guilty pleas so far. Polar Air Cargo is a joint venture between privately held Atlas Air…
FedEx Express soon plans to cut the minimum number of flight hours guaranteed to pilots by 13% and push 400 senior crew members to early retirement as quickly as possible to address severe overstaffing amid a prolonged falloff in parcel volumes, according to internal communications obtained by FreightWaves. An additional 200 to 300 pilots could…
On today’s episode of WHAT THE TRUCK?!? Dooner is talking to Reliance Partners’ Thom Albrecht about what the banking crisis means for your freight. Do four financial failures make for a crisis? We’ll answer how it is impacting fleet and consumer spending and what’s trending in banking and the freight recession. It’s reefer madness when…