FedEx, UPS tweaks could spur more large package fees
New rules starting this month will add cubic volume measurements to the carriers’ assessments for determining certain surcharges.
New rules starting this month will add cubic volume measurements to the carriers’ assessments for determining certain surcharges.
Ground delivery rates hit a record high in Q4, although carriers are willing to make concessions for more lucrative volume, per the TD Cowen/AFS Freight Index.
The AI giant launched an RFP seeking domestic suppliers to build out AI hardware, robotics components and data center capacity.
A drop in air freight charter rates has put the option of project cargoes moving by air back on the table.
The U.S. president said the levy on Denmark, Norway, Sweden, France, Germany, the U.K., the Netherlands and Finland would start at 10% on Feb. 1.
The lower levies are part of a broader trade pact that Canada says will drive investment in electric vehicle supply chains, protect jobs and bolster agricultural exports to China.
The regulator’s decision was unanimous, but Union Pacific and Norfolk Southern can fix what is deficient in the application and resubmit it at a later date.
The state senate is considering a new bill that would block state funds from going toward port automation, with longshore workers adding their support.
The orders come amid continued strong growth in the global wind energy sector as turbines, blades and monopiles provide a stable cargo for MPV and heavy-lift operators.
But the US’ largest intermodal provider said during its fourth-quarter earnings call it is not forecasting a market inflection just yet, citing the “false starts” the industry has seen during the past 18 months.