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Transportation & Distribution: Page 89

Containers Piling Up at U.S. Rail Yards Add to Port Strains

To understand why more than 100 container ships are waiting to enter U.S. ports from Southern California to Savannah, Georgia, it helps to keep tabs on the congestion that’s building at another key junction of freight transportation: rail yards.

A dockworker monitors a shipping container being loaded onto a freight train. Photo: Bloomberg.

Thailand to Start Shipping Line to Boost Status as Logistics Hub

Trade-reliant Thailand plans to launch a national shipping company next year to bolster its trade capabilities, reduce transport costs and become a bigger player in global logistics as the Malacca bypass opens.

0924 Straitof Malacca

FedEx Partners With Self-Driving Car Startup Aurora in Texas

Aurora Innovation Inc. will help move cargo for FedEx Corp. in a pilot project in Texas that uses the startup’s technology in a self-driving Paccar Inc. truck.

1107 Fed Ex

Logistics Costs Are Rising After 4% Drop Last Year: Report

Prices are increasing "most notably" in the parcel, storage and warehousing, international and ocean segments.

Photo: Bloomberg.

Shippers Are Investing in Tech, Nearshoring to Bounce Back From Covid

Stuck in a loop of fluctuating demand, capacity problems and ongoing disruptions, shippers and third-party logistics providers say they’re investing in technology that connects people, processes and information to navigate supply chain challenges, according to a new study.

An LNG-powered container ship operated by CMA CGM SA is docked at the Port of Singapore. Photo: Bloomberg.

West Coast Logjam Has Enough Containers to Cross Half the U.S.

The number of container ships waiting to enter the biggest U.S. gateway for trade with Asia reached an all-time high of 65 vessels late last week, carrying potential payloads of cargo boxes that would stretch halfway across the country if lined up end to end.

Shipping containers are stacked at the Port of Los Angeles. Photo: Bloomberg.

Shipping Insiders Caution Against New Capacity as Prices Surge

Shipowners and financiers should avoid sinking money into new container vessels despite a global crunch because record orders have driven up prices, according to industry insiders.

Shipping containers on a cargo ship at Bayonne Terminal in Bayonne, New Jersey. Photo: Bloomberg.

Walmart Teams With Ford, Argo to Launch Driverless Delivery Service

Walmart is teaming up with Ford and self-driving startup Argo AI to launch a driverless delivery service in three U.S. cities.

A Walmart Inc. storefront. Photo: Bloomberg.

Canadian Pacific Wins Buyout War for K.C. Southern, Defeating CN

After months of twists and turns, Canadian Pacific Railway Ltd. sealed a $27 billion deal to acquire Kansas City Southern, claiming a prize that will create the first railroad spanning the U.S., Canada and Mexico.

A Canadian Pacific Railway train leaves Hardisty, Alberta, Canada. Photo: Bloomberg.

Storms From Texas to China Set to Worsen Global Ship Snarls

Global supply chains already tangled by the pandemic, labor shortages and sustained consumer demand in the U.S. are getting walloped by Mother Nature.

Photo: Bloomberg

The World’s Carriers Are Earning the Most Money Since 2008

The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global supply chain that’s collapsing under the weight of COVID-19 drives freight prices ever higher.

A dockworker monitors a shipping container being loaded onto a freight train at Behala inland port in Berlin, Germany. Photo: Bloomberg.

Shanghai Halts Some Port Operations and Flights on Typhoon

Shanghai has halted some container port operations and will cancel most flights Monday and Tuesday as Typhoon Chanthu approaches the city, which is China’s financial capital and a major shipping hub.

Photo: Bloomberg

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