When the lock gate at Müden, Germany, suffered destruction due to a shipping incident on December 8, a critical transportation artery connecting the Rhine to Western Germany, Luxembourg, and France faced unprecedented disruption. As a result, 72 vessels were trapped, causing significant logistical
In an era where e-commerce has dramatically shifted consumer behavior, the last-mile delivery market has seen significant evolution, especially in the big and bulky segment that includes items such as appliances, electronics, and furniture. This change was hastened by the pandemic, which saw
Over the past two years, the trucking and freight industry has faced significant challenges in regaining stability after a substantial downturn that succeeded an unprecedented up cycle driven by the COVID-19 pandemic. While ongoing market headwinds and uncertainties persist, industry experts
In a bid to transform its logistics and improve its last-mile delivery capabilities, Tractor Supply Co. has embarked on a multi-year initiative focused on bringing more of its final-mile operations in-house. The announcement was made during an investor presentation by Colin Yankee, EVP and Chief
FedEx Corporation has recently made waves in the business world by announcing a strategic corporate restructuring move: separating its less-than-truckload (LTL) subsidiary, FedEx Freight, into a standalone publicly traded entity. This significant decision, set to be implemented over the next 18
The Federal Government's recent initiative to reduce transport fares by 50% has garnered widespread appreciation from passengers across Nigeria. This scheme, aimed at alleviating the financial burden on travelers during the festive season, has seen a significant turnout at motor parks in Abuja,
