Korean Air faces the prospect that its deal to acquire indebted Asiana Airlines could fall apart over U.S. and European Union concerns about reduced competition on certain cargo routes. The U.S. Department of Justice is considering legal action to stop the merger because of concern the combined airline would dominate routes to the U.S. that…
As technology has transformed the transportation industry over the last few years, new digital processes hold the potential for shippers to achieve efficiencies and cost savings in their freight booking processes. However, the key to unlocking these benefits lies in a willingness to adopt new high-tech solutions, which is easier said than done given the…
UPS Inc. and the Teamsters union will resume national bargaining June 5 as both sides spend the week negotiating the final two supplemental agreements covering workers in Louisville, Kentucky, and Northern California. The hiatus comes as both sides reached a tentative agreement to reduce the size of UPS SurePost packages eligible for handoff to the…
For the sixth week in a row and the 16th time in the past 17 weeks, the diesel price used for most fuel surcharges has declined. The benchmark price was pegged by the Department of Energy/Energy Information Administration at $3.855 a gallon on Tuesday. That’s down 2.8 cents from the prior week. Since June 20…
FedEx Express has opened a new air gateway in Adelaide to support surging airfreight demand out of South Australia. The new facility is part of a planned logistics hub on the east side of Adelaide Airport and features enhanced sorting and storage capabilities. The FedEx Adelaide South Australian gateway spans approximately 689,000 square feet, more…