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Shipping
Oil price shocks ripple through trucking shipping markets
The effects of oil price shocks are rippling through shipping markets, with Q2 data showing fuel rates actualized at higher-than-projected levels and Q3 estimates predicting rates will stick at elevated levels or even higher, due to…
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Port of LA offers $300k incentive to buy electric drayage trucks
The Port of Los Angeles is offering an incentive of up to $300,000 per vehicle for each battery-electric, Class 8 drayage truck purchased by Licensed Motor Carriers (LMCs) currently registered in the port’s Drayage Truck…
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Georgia Ports names Price to succeed Lynch as CEO
The Georgia Ports Authority will soon have new leadership, as the organization reports that Kevin Price stepped into the position of president on July 1, and will ascend through GPA’s transition plan to become president and CEO on…
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Business stockpile inventory amid uncertainty about US-Iran ceasefire
Global supply chain pressures remained elevated in June despite falling oil prices and lower transportation costs, reflecting uncertainty surrounding the US-Iran ceasefire, according to a report from New Jersey supply chain technology…
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Fuelish thinking | DC Velocity
Anyone who has taken a road trip this summer knows just how much construction is going on out there. My state of Pennsylvania is famous for putting up orange barrels that stretch for miles and remain in place for long periods without…
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Smart robotics save the day
Consumer health-care products company NorthShore Care Supply is responding to increased demand for its products with a single word: robotics. The company recently upgraded its fleet of autonomous mobile robots (AMRs) to fill a growing…
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Peak Technologies names Heel as new CEO
Peak Technologies, the venture-backed systems integrator that has grown swiftly through mergers and acquisitions, today said it had named a new leader, announcing that Joachim (Joe) Heel has been appointed Chief Executive Officer,…
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Element Logic and Lululemon open 1 million square foot Ontario warehouse
Warehouse automation firm Element Logic and clothing retailer Lululemon today said that Lululemon’s one million-square foot, state-of-the-art distribution center (DC) in Brampton, Ontario, had become fully operational.The Brampton DC…
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Logistics activity expanded in June
Economic activity in logistics expanded in June, driven by rapidly expanding inventory levels across the industry, according to the latest Logistics Managers Index (LMI) report, a monthly survey of logistics industry professionals,…
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NRF: White House tariff threat could trigger early import surge
As retailers rush to stock up ahead of expected tariff increases, import volume at the nation’s major container ports is forecast to hit a new all-time record this month, according to the Global Port Tracker report released today by the…
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