
The decision to ramp up airfreight is more about being decisive than about increasing weeks of supply, one executive said.
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America’s Voice.
The decision to ramp up airfreight is more about being decisive than about increasing weeks of supply, one executive said.
The congestion is raising costs and adding complications for importers managing the flow of goods in a fragile U.S. economy.
Raj Subramaniam hinted at further collaboration between FedEx Express and FedEx Ground ahead of the company’s investors meeting.
The deal is part of DB Schenker’s ambitions to become a major transportation player in North America.
Three commissioners of the Federal Maritime Commission contend a merger between Canadian Pacific and Kansas City Southern would result in diverting U.S.-bound intermodal traffic to Canadian ports.
The strong pace of imported goods to the nation’s ports continued in May.
The retailer is scheduling earlier inventory receipts after factory shutdowns pushed the retailer to rely more on airfreight.
Truckers are taking three times longer to return chassis than they did before the pandemic, the company says.
Lifting the federal 18-cent tax per gallon of gas and 24-cent tax per gallon of diesel for three months would “give Americans a little extra breathing room,” the White House said.
Freight costs are down by a third since the start of the year as some importers cut orders.
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