Over the past several years, shippers have prioritized getting orders out the door as quickly as possible. This approach is a natural response to the demands of an increasingly impatient consumer base, and has affected B2B and B2C companies alike. It has, however, proved to be costly. “That results in a one-to-one order to shipment…
WASHINGTON — FedEx Corp. predicts higher costs on its linehaul and delivery routes as well as those of rivals if the Biden administration approves waivers governing truck driver meal and rest breaks in California and Washington. In comments filed with the Federal Motor Carrier Safety Administration, FedEx (NYSE: FDX) asserted that if the FMCSA were…
Trucking, logistics and factoring companies are collectively owed millions of dollars after a California-based freight forwarder filed for bankruptcy liquidation. Boateng Logistics, headquartered in Carlsbad, California, filed its petition Friday in the U.S. Bankruptcy Court for the Southern District of California. In its filing, Boateng Logistics listed its assets as up to $50,000 and its…
LOUISVILLE, Ky. — On Tuesday, the master of ceremonies will use a pair of bejeweled microphones on stage at a major awards ceremony in London after logistics company Rock-it Cargo hand-carried them from New York with the help of the first electronic “passport for goods” ever issued in the United States. The delivery kicks off…
There’s an increasing abundance of skittishness surrounding the future of East and Gulf Coast ports. The labor contract between the International Longshoremen’s Association and the United States Maritime Alliance (USMX) is set to expire at the end of September. The ILA represents some 70,000 dockworkers, while the USMX represents employers at 36 coastal ports —…