Deutsche Post DHL Group (NASDAQ:DPSGY) reported on Wednesday strong first-quarter results that led the German transport and logistics giant to substantially increase full-year earnings guidance and cash flow targets. For the quarter, revenue rose 26% from 2020 levels to $22.7…
A *FLASH FLOOD EMERGENCY* continues in the Birmingham metro area. Our field meteorologist @AlaStormTracker has some important, life-saving tips for folks in Alabama through the night. #ALwx pic.twitter.com/UxSTsn0snq — WeatherNation (@WeatherNation) May 4, 2021 Thunderstorms have drenched many areas of…
As the saying goes: “Never let a good crisis go to waste.” Before COVID struck, AP Moller-Maersk embarked on a transformation to become a global end-to-end logistics provider. The pandemic created an unexpected and unprecedented surge in cargo demand —…
During the 2020 calendar year, Convoy — a digital freight network company that is already carbon-neutral — helped customers save 1.6 million pounds in carbon emissions. From mid-2019 to Dec. 31, 2020, Convoy’s emissions savings totaled 2.19 million pounds of…
FreightWaves recently chatted with Jon Barela, CEO of the Borderplex Alliance, about the port of El Paso’s role in global trade and how the city can continue to capitalize on its location along the United States-Mexico border. The Borderplex Alliance…
As Deutsche Bank analyst Amit Mehrotra told American Shipper back in March, “You ain’t seen nothing yet.” He was right. The latest data reveals that despite a deluge of inbound cargo since the second half of last year, import demand…
The COVID-19 pandemic will keep many families apart this Mother’s Day, with nearly 30% of 1,005 U.S.-based respondents to a survey commissioned by UPS Inc. (NYSE:UPS) and published Tuesday saying that ongoing health and safety protocols will compel them to…
As part of a broad expansion of international charter operations, Canadian carrier Cargojet (TSX: CJT) is aggressively looking to invest in a startup cargo airline in the U.S. so it can participate in strong trade routes where it is currently…
Welcome to the WHAT THE TRUCK?!? Newsletter. In this issue, what to look out for during road check blitz, airplanes with sharkskin, the semis Tesla really needs, Amazon gamifies and more. 72-hour blitz Peel Regional Police CVSA’s annual safety blitz…
XPO Logistics Inc. (NYSE:XPO) said Tuesday that it will build a 1 million-square-foot distribution center for Apple Inc. (NASDAQ:AAPL) in the small Indiana town of Clayton that will support Apple’s direct-to-consumer distribution and delivery strategy. XPO’s first-ever contract with the…
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