Plus: chameleon carriers defend their tactics, UPS and FedEx ground MD-11s after a deadly crash, and Oklahoma steps up CDL enforcement.
Plus: ICE raids hit Illinois logistics, Texas layoffs climb past 900, and air cargo braces for turbulence and more in today’s newsletter.
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Amid critical contract negotiations, UPS plans to train nonunion employees for package delivery to ensure operational continuity in case of a strike.
Key Canadian ports are set to reopen after a labor dispute, but disruptions to US imports via these ports could persist for months
Air cargo spot rates experienced a significant drop in June, causing unease among airlines and forwarders.
Despite an overall YoY decline, the Port of Los Angeles reports significant cargo volume gains in recent months.
Uber Freight has confirmed the second round of workforce reductions this year, targeting its digital brokerage operations.
The trucking industry's seasonal uplift during produce season falls short this year, exacerbating an ongoing slowdown due to various factors.
In response to declining revenues and freight market downturn, Freightos reduces staff by 13% and further lowers its 2023 revenue outlook.
Deutsche Post DHL is investing €500m in Latin America, expanding warehouses in alternative hubs to meet growing demand for diversified supply chains.
Amazon's Prime Day sees $6.4 billion in online spending in the first 24 hours, a 6% increase from last year, but falls short of growth predictions.
A potential UPS strike threatens significant disruptions in US deliveries and e-commerce. Impacts include slower delivery times, supply chain issues, and raised shipping costs.
Ocean shipping sees blank sailings drop, indicating market normalization. This signals more deployed capacity, but potential disruptions remain.
Foxconn's withdrawal from a joint semiconductor venture with Vedanta marks a significant setback to India's chipmaking goals. This move questions the success of the 'Make in India' initiative and could impact future foreign investments.
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