Foxconn Logistics

Convoy cancels all shipments, load board is empty, announcement upcoming Digital brokerage Convoy has canceled all shipments and shut its load board, with an announcement of its future upcoming.

Major U.S. Retailers Returning to 'Just-in-Time' Supply Chain During the worst shipping delays of the early pandemic, consumer and transportation analysts predicted U.S. retailers would buy more goods than they needed to prevent future disruptions from turning into empty store shelves, but a new analysis suggests they are returning to old habits.

Top 100 For-Hire Carriers Grow Despite Softer Freight Market | Transport Topics Despite a softer freight environment, most of the largest trucking companies in North America continued to grow their businesses last year even as spot market rates dropped.

Maersk Is Cutting Costs on Continued Container Downturn The shipping giant upgraded its financial outlook even though it expects weaker trade volumes.

Taylor Swift gave dozens of ‘Eras’ tour truckers a $100K raise The “Lavender Haze” singer is sharing the love from her blockbuster tour by giving her crew massive raises for moving and constructing her set pieces across the US.

Labor Deal at West Coast Ports Comes Into View Shipping industry officials say they may be weeks away from a multiyear contract covering dockworkers from California to Washington state.

California’s Port Dominance Slipping as Cargo Shifts East By Laura Curtis (Bloomberg) — California has suffered a series of economic blows this year, from torrential rains that inundated farmland to the failure of three regional banks. Now the state’s $2.8 trillion freight industry...

Low freight market activity strongly affects results at Kuehne + Nagel Kuehne + Nagel wins market shares on the Pacific Ocean where top management claims the company to be leading despite markedly reduced earnings in Q1.

Manufacturers Move Back to China as Renewal of U.S. Trade Deal Is Delayed Some businesses that shifted production to Southeast Asia are going back as tariffs cut into their margins.

Freight Report: Get in the Weeds Reporter's Notebook: March 10, 2023