Logistics
FedEx reported stronger fourth-quarter and full-year results, driven by higher package yields, improving international export volumes and more than US$1 billion in transformation-related cost savings, while forecasting continued revenue and earnings growth through the remainder of calendar 2026.
For the fiscal fourth quarter ended May 31, revenue increased to US$25.0 billion from US$22.2 billion a year earlier. Adjusted operating income rose to US$2.09 billion, while adjusted diluted earnings per share increased ...
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Even if geopolitical tensions continue to disrupt global shipping, the container market is likely to weaken over the next 18 months as rapid fleet expansion outpaces cargo demand, according to BIMCO’s latest Container Shipping Market Overview & Outlook.
BIMCO Chief Shipping Analyst Niels Rasmussen outlines two ...
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Louisiana has moved to streamline the movement of oversized and overweight freight with the enactment of House Bill 746, now Act 566, legislation that makes the state’s Department of Transportation and Development (DOTD) the primary authority for issuing heavy-haul permits statewide. The measure was authored ...
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The rapid expansion of artificial intelligence is reshaping investment priorities, with capital increasingly flowing toward the physical infrastructure needed to support AI rather than the applications themselves, according to a new Baker Tilly report.
The firm’s Investment Monitor: AI & Digital Infrastructure concludes that data centers, ...
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FedEx is urging customers importing regulated consumer products into the United States to begin preparing now for the Consumer Product Safety Commission’s (CPSC) mandatory electronic filing requirement, warning that delays in establishing product records could slow customs clearance once the rule takes effect July 8.
In ...
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The Trump administration has signed an interim agreement with Iran aimed at ending months of disruption in the Strait of Hormuz, restoring oil flows and creating a 60-day window for broader negotiations. The arrangement reportedly includes a US$300 billion reconstruction and economic fund, although no ...
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DP World has entered into exclusive negotiations for a long-term lease to develop and operate a container terminal at the Port of Corpus Christi, marking a significant step toward expanding containerized cargo capabilities along the U.S. Gulf Coast.
DP World operates more than 60 ports and ...
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The Port of Long Beach handled 842,030 TEUs in May, an increase of 31.7 percent compared with the same month last year, making it the port’s third-busiest May on record.
Imports rose 40 percent to 418,851 TEUs, while exports increased 32.9 percent to 109,168 TEUs. Empty ...
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Volkswagen Group of America has surpassed 250,000 vehicles shipped through Port Freeport since establishing the Texas port as its Gulf Coast vehicle processing hub, marking a milestone in the automaker’s growing U.S. distribution network.
The milestone was reached May 28, about two years after Volkswagen began ...
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Companies are increasingly shifting toward regional supply chains, multisourcing strategies and foreign trade zone operations as tariffs, geopolitical risks and supply chain disruptions make global networks more difficult to manage, according to a supply chain expert speaking during FreightWeekSTL 2026.
Panos Kouvelis, Emerson Distinguished Professor of ...
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