A.P. Moller-Maersk, a bellwether for global trade, said the world’s supply lines are more impacted than previously expected by the ripple effects coming from the congestion in the Red Sea.
Category: News
Bankrupt Yellow May Start New REIT Using Empty Terminals
Defunct cargo hauler Yellow Corp. may put its remaining cargo terminals and other vacant properties into a real estate investment trust that could be used to raise money for creditors.
International Paper Seeks to Reassure DS as Suzano Plots Bid
International Paper Co.’s top boss traveled to London to reaffirm his company’s commitment to merger partner DS Smith, downplaying a takeover offer from Suzano.
Diesel Price Dips 3.2¢ a Gallon to $3.726
The national average price extended its downward movement, shedding 3.2 cents a gallon to $3.726, according to Energy Information Administration data released June 3.
South Accounts for Lion’s Share of Factory Construction Boom
States in the U.S. South are at the forefront of a massive renaissance in construction projects aimed at enhancing manufacturing capacity and supply chain resiliency.
Einride Becomes Peterbilt’s Biggest BET Customer
Einride will buy 150 Model 579EV battery-electric trucks from Peterbilt, the truck maker’s biggest EV order so far, the companies said.
Oregon Champ Shamrell Excited to Make Familiar Trek
After winning his 10th Oregon grand championship, FedEx Freight 3-axle driver Dan Shamrell is preparing to compete in his 18th NTDC.
Crossword Puzzle Solution for June 3, 2024
Here’s the solution to the crossword puzzle found in the June 3, 2024 print edition.
Truck-Specific Navigation Software Offers Safety, Efficiency
As navigation and routing software applications grow more granular, developers are working to integrate pertinent data to support safe, efficient fleet operations.
Full Port of Baltimore Channel Set to Open by June 10
The Army Corps of Engineers now expects to have the full Federal Channel into Port of Baltimore open by June 10 at the latest, a slightly later target than their original timeline of late May.