The Port of New Orleans reported 140,391 total tons of breakbulk cargo during June, a 22% year-over-year increase from June 2020. Breakbulk shipments to the port included steel coils and heavy-lift/project cargo. On June 10, the port discharged 300 steel…
Nearly 14% of Americans reported being victims of a package theft in the past 12 months, according to a December survey from Finder. That equals 35.5 million Americans and an average package theft value of $156.82. A new survey released…
In 2020, the FreightTech startup FreightBro became the first platform to integrate into Maersk Spot, an online product for the global shipper that simplified the booking process for freight forwarders. This integration gave FreightBro’s customers access to real-time rates, backed…
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June employment levels at the U.S. operations of the Class I railroads were roughly flat with May, growing 0.8% amid a 21% growth in U.S. rail volumes. Headcount at Class I U.S. rail operations totaled 115,931 employees in June, according…
Internet security experts will tell you that it’s savvy to have a different password for everything, but the reality is that most of us stick to one or two. It’s not because we’re inviting a security breach — it’s just…
Tesla Inc. has again delayed production of the battery electric-powered Semi, endangering its first-mover advantage as established truck makers begin delivering zero-emission Class 8 models that Tesla’s 2017 announcement prompted them to make. “I never actually believed they had much…
The FreightWaves Shipper of Choice award is presented in partnership with ArcBest and recognizes retailers, distributors and manufacturers that are keeping the U.S. economy moving by improving efficiency along the supply chain, providing accessible facilities and fighting driver detention. Among…
Oppressive heat and humidity will spread across parts of the Plains and the South over the next two days. For some areas it will be around Tuesday or Wednesday, but in some places it will last both days. The National…
UPS Inc. (NYSE:UPS) reported a 14% increase in second-quarter revenue to $23.4 billion, with adjusted operating income up 40.8% and diluted earnings per share up 43.7% to $3.05, 34 cents higher than the median estimates of analysts polled on Barchart.…
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