In a rapidly evolving logistics landscape, Kuehne+Nagel's recent decision to acquire a controlling stake in IMC Logistics could potentially mark a significant strategic move aimed at bolstering the company's market presence and service capabilities. This acquisition aligns seamlessly with
In a remarkable turnaround from previous years, parcel delivery speeds have seen a significant improvement during November 2024, especially during the critical holiday season. According to recent data released by project44, delivery speeds improved by a substantial 27% year-over-year. The average
The ongoing labor dispute between the British Columbia Maritime Employers Association (BCMEA) and the International Longshore and Warehouse Union (ILWU) Local 514 has led to a significant lockdown of Canada’s western ports. This conflict has caused major disruptions in port operations and affected t
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.
The growing prominence of artificial intelligence (AI) in the parcel delivery sector is increasingly transforming interactions between delivery companies, shippers, and consumers. Major players like FedEx and UPS, along with smaller companies in the industry, are leveraging AI to enhance service
