Daily Infographic: Statistics on Driver Shortages
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May 13, 2021
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9 logistics companies named to Inc.’s Best Workplaces
Nine logistics companies were recognized on Inc. magazine’s sixth annual list of Best Workplaces. The list is the result of a wide-ranging measurement of American companies that have created exceptional workplaces and company culture, whether their teams are operating in…
May 13, 2021
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Port of LA lengthens ‘unprecedented run’
The Port of Los Angeles continued its record-setting streak, posting the busiest April in its 114-year history. “It’s truly been an unprecedented run here in LA,” Executive Director Gene Seroka said during a media briefing Thursday. The Port of LA…
May 13, 2021
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DoorDash exceeds projections in Q1 earnings, stock rises after hours
In its first earnings statement as a public company, issued on Feb. 25, DoorDash (NYSE: DASH) did not impress investors, despite setting quarterly records for total orders, adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), and market share. A…
May 13, 2021
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Packaged goods shippers want transport regulators to deal with rising costs
Trucking and maritime regulators should take immediate action to help ease cost burdens on packaged goods shippers concerned about potential shortages amid signs of inflation, according to a manufacturing lobby group. In a letter sent on Thursday to the National…
May 13, 2021
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Commodity price spikes slow logistics warehousing activity but don’t stop it
If first-quarter data points are any indication, the U.S. industrial real estate market has moved beyond the “firing on all cylinders” stage to another white-hot plateau. Tenants and lessees occupied 109.1 million square feet more space than they vacated, an…
May 13, 2021
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The smarter way to secure shipper’s interest coverage
Semi trailers are able to haul a vast array of commodities. Though more or less identical, the trailers that crisscross our highways carry freight of all shapes, sizes and values. Loaded trailers may be indistinguishable from one another, but not…
May 13, 2021
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Amazon Air begins daily service to Pittsburgh, Kansas City
Add Pittsburgh and Kansas City, Missouri, to Amazon’s (NASDAQ: AMZN) rapidly growing network of airports served by its in-house cargo airline, which helps the company cut ground transport times and quickly deliver online orders to businesses and consumers. The first…
May 13, 2021
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PayPal dives into post-purchase sector with acquisition of Happy Returns
PayPal (NASDAQ: PYPL) will acquire e-commerce returns specialist Happy Returns. Terms were not disclosed. The news was first reported by CNBC. Frank Keller, senior vice president of consumer in-store and digital commerce at PayPal, told CNBC the acquisition fits with…
May 13, 2021
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Former trucking company owner faces fraud charges in carrier scheme
A former trucking company owner was recently indicted by a federal grand jury in New York in an alleged conspiracy to defraud the Federal Motor Carrier Safety Administration about the company he controlled and affiliated entities. Tony “Anatoliy” Kirik, 39,…
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