Shippers are increasingly facing significant challenges navigating rail congestion at key U.S. West Coast ports, particularly Los Angeles, Long Beach, and Oakland, due to a confluence of high peak season demand, strategic rerouting to avert East and Gulf Coast strikes, and anticipated tariff hikes.
The trucking industry has long been recognized as a bellwether for the broader economy, signaling shifts in consumer demand, production, and logistics. In 2024, the spot trucking market has presented a cautious yet promising trend for carriers, characterized by an upward trajectory in spot rates.
Candela, a Swedish startup, is making waves in the maritime industry with its groundbreaking electric hydrofoil technology. In 2024, the company secured a Series C funding round of $40 million, including a recent $14 million investment led by SEB Private Equity. This financial boost is set to
Norway is currently evaluating the introduction of a new, long-range, aerial maritime surveillance drone for its military operations in the high north. This initiative is part of Oslo's broader defense strategy, particularly in light of increasing geopolitical tensions and renewed defense
In an ambitious move to transform the aviation industry towards more sustainable practices, Avelia, a blockchain-based platform developed by Shell and Accenture in partnership with Amex Global Business Travel (Amex GBT), has extended its services to include the air freight sector. The primary aim
The Canadian trucking industry faced a tumultuous year in 2024, marked by a persistent recession, significant company collapses, and evolving regulatory landscapes. The industry grappled with economic hardships, but its resilience painted a picture of hope as stakeholders started looking toward
While professionals appreciate the tech coming from the semiconductor world, the real magic happens behind the scenes. It’s all about getting the right materials, making the products, and delivering them at scale, and the companies that understand this are the ones on top, turning logistics into a t
Recent data analysis from DHL eCommerce and ZigZag on the trends and consumer behaviors related to online retail returns reveals a slew of significant insights for the industry. One of the standout findings was a 3% surge in return volumes for September and October 2024 compared to the same period
The recent Citizens Advice study highlights a concerning trend in the delivery service industry, as a significant number of online shoppers in the UK – nearly 15 million people – experienced parcel delivery issues within the last month. This troubling statistic, revealed just ahead of the heavy sho
In recent years, Bolivia's logistics sector has been experiencing an intriguing and significant transformation, primarily driven by shifts in demand from traditional oil and gas sectors to the burgeoning renewable energy and mining industries. This shift reflects broader global trends towards
