Logistics
U.S. Census Bureau data released June 17 showed continued growth in core retail sales – which exclude autos, gas and restaurants – in May despite a downturn in overall sales amid on-again, off-again tariffs on imported merchandise, said National Retail Federation Chief Economist Jack Kleinhen.
“Despite a soft labor market, aggregate consumer spending has been supported by wage gains and an improvement in the stock market,” Kleinhen said. “Consumers are seeing ...
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The U.S. Department of Transportation has proposed slashing or amending about two dozen federal trucking regulations — major and minor — that the agency said were outdated or punishing truckers.
“My department is slashing duplicative and outdated regulations that are unnecessarily burdensome, waste taxpayer dollars, and ...
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Global economic prospects are weakening, with substantial barriers to trade, tighter financial conditions, diminishing confidence and heightened policy uncertainty projected to have adverse impacts on growth, according to the Organization for Economic Cooperation and Development’s (OECD) latest Economic Outlook (https://tinyurl.com/mr3m6fbh).
Global growth has slowed from 3.3 ...
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Americold Realty Trust, a provider of temperature-controlled logistics, real estate and value-added services, said May 29 it has begun work on its first import-export hub to be built in Port Saint John, New Brunswick, Canada.
The new cold storage facility, slated to open in 2026, will ...
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DP World said May 15 it will invest US$760 million to expand the Dominican Republic Port of Caucedo, which it said would create a manufacturing and logistics hub for the Americas
DP World signed a memorandum of understanding, or MoU, with the Dominican Republic’s Ministry of ...
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‘Liberation Day’ for many U.S. consumers and global traders came on May 14, not April 2, which was the day when President Donald Trump essentially set an embargo against Xi Jinping and China, and prohibitive tariffs against every country. And some penguins.
Instead, On May 12, ...
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Fresh Del Monte Produce Inc., Freeport Warehouse LLC and Port Freeport unveiled the new Cross-Dock No. 1 facility, with 80,000 square feet of chilled cross-dock warehouse located near Port Freeport’s Velasco Container Terminal.
Fresh Del Monte Produce, a leading vertically integrated producer, marketer and distributor of ...
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Danish shipping giant Maersk posted better-than-expected first quarter operating profit but warned that the ongoing tariff trade war between China and the U.S. could stunt global container volumes.
Maersk said first quarter earnings before interest, tax, depreciation and amortization, or EBITDA, of US$2.71 billion for the ...
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Chicago-based logistics solutions provider Loadsmart said Geoff Kelley has joined the company as COO and will oversee its brokerage, 4PL and managed transportation services.
Kelley was president of Nolan Transportation Group (NTG) and Transportation Insight (TI), where he helped lead the company through a period of ...
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April U.S. container imports increased 1.2 percent over March and 9.1 percent compared to the same month last year, surpassing 2.41 million TEUs for the second time in 2025, despite the current chaotic trade environment, according to Descartes Systems Group’s May Global Shipping Report.
Year-over-year, April ...
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