Corrugated box shipments, which are a good barometer for goods demand, sank in 2022 as goods demand did the same. Many in the box industry expect 2023 to be worse. FreightWaves conducted a survey of independent North American box-makers last week. Executives from 32 companies, with an average size of about $85 million in sales,…
Edmonton Kenworth, with locations in Edmonton and Calgary, is PacLease’s Franchise of the Year for Canada. A PacLease franchise since 1982, the business “has an intense focus on building strong […]
Efforts by the Detroit-Windsor Truck Ferry to secure government funding to continue operations in light of declining hazmat traffic have been unsuccessful, and the ferry will close at the end […]
Lufthansa Cargo is expanding its regional freighter network based at Germany’s Frankfurt airport to three destinations in southern Europe, the company said Tuesday. Added to the summer schedule, as of next week, are Larnaca, Cyprus; Athens, Greece; and Milan. In total, Lufthansa Cargo’s intra-European network will cover a dozen cities with more than 50 flights…
In arguably one of the most important moves in its history, FedEx Corp. said today it will combine most of its operating units into one business known as Federal Express Corp. The transition will bring FedEx’s air, ground parcel and other operating business under one umbrella, effective June 1, 2024. FedEx Freight, the company’s LTL…