The robust recovery of U.S. domestic travel this summer increasingly looks like more of an outlier than a sign that airline bookings will continue unabated. Global airlines — and by default the air cargo industry that piggybacks on passenger flights…
Welcome to the WHAT THE TRUCK?!? newsletter. In this issue, drone delivery programs grounded; no parking in infrastructure bill; driver pay takes off; market outlook; space billboards; and more. Grounded Deutsche Post AG End of the Parcelcopter — Just days…
Port Houston’s trade increased 17% during the first half of the year, boosted by exports of gasoline, liquefied natural gas and oil, according to WorldCity analysis of U.S. Census Bureau data. Trade at Port Houston increased from $64 billion to…
The story: Excess inventory of personal protective equipment and COVID-19 tests are cutting into profits for distributors and manufacturers as demand falls. Several companies recently recorded charges related to obsolete inventory or donated excess products. Those actions took place when…
If you look up while walking on a college campus, you’ll most likely see a flurry of activity – students riding to class on bikes, athletes zipping around on scooters, Subway sandwiches and Frappuccinos cruising around on miniature delivery robots…
E-commerce continues to maintain its foothold in the economy, but future sales are potentially at risk for some businesses that rely on traditional e-commerce platforms, said the CEO of Fabric. Faisal Masud spoke to Modern Shipper on that and the…
This story is developing. Canadian Pacific has revised its offer to acquire Kansas City Southern ahead of a shareholder meeting in which KCS shareholders would have to confirm their desire to merge with CP rival CN. CP (NYSE: CP) is…
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Over the weekend, the Dixie fire in northern California became the second-largest wildfire in the state’s history. Thousands of residents remained under evacuation orders Sunday and thousands of buildings stood in the fire’s path. #DixieFire destroys numerous structures near Taylorsville,…
Digital intermediaries like Uber Freight, Convoy and Transfix have entered the freight brokerage market to enhance its efficiency and create cost savings for shippers while opening new lanes of cargo for carriers to scale and grow their business. A new…
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