West coast US ports suffered last month, but there may be some relief with the news that the US government is rethinking plans for further tariffs in September.
The port of Long Beach experienced a 9.7% volume drop in July, …
Driven by the rampant growth in e-commerce, forwarders have been scrambling for warehouse space, steadily driving up rents.
Lately there have been indications of the momentum shifting down a notch or two, as in other hot sectors like trucking – …
UPS is set to appoint Brian Newman as its chief financial officer (CFO) following news that Richard Peretz (pictured) has announced his retirement.
Mr Peretz, a lifer at UPS, having joined in 1981, has held a number of positions with …
Menzies Aviation has broken into the Canadian air freight market with the acquisition of GTO Global Logistics. Freightwaves reports that the Vancouver-based operator will be integrated into the forwarding arm of Air Menzies International (AMI). While no price was disclosed, …
THE HEISENBERG writes: “The good news is, it wasn’t any worse than expected. Or at least not at first glance. The bad news is, Germany is now one more bad quarter away from a technical recession. As expected, the fourth-largest …
This weekend I will vacate London for a nearby coastal county where, among other things, there will be a greasy pole competition.
Contestants (I won’t be among them) have to ease themselves along a greased telegraph pole, suspended from one …
REUTERS reports: “The top two U.S. automakers are preparing for a possible economic downturn, the companies said on Tuesday, as an ongoing trade war between Washington and Beijing fuels fears of a global recession. Tit-for-tat tariffs have increased raw material …
