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Plus: FedEx had a strong quarter, Michigan goes after cargo thieves, Trump opens U.S. Ports to foreign ships, and more.
The Port of Los Angeles processed 752,893 20-foot equivalent units for the month of May. A 3% decline from the 779,140 moved around this time a year ago.
This contract follows the original DFTS contract awarded to Crowley in 2017, one of the largest logistics contracts under the federal government.
The company expects to be ready for a product launch in 2026, "with scalable market entry in 2027."
"He gave me a sheet of all the companies that were under our umbrella, about ten in total, all with official US DOT numbers. Strange. Why not just work under one company?..."
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