It looks like customers will still get their packages delivered. Teamsters negotiators say they have tentatively agreed to a new five-year contract with United Parcel Service. The deal promises to raise wages for existing workers but creates a new class of lower-paid drivers to handle weekend deliveries, according to Dow Jones. The agreement
Author: Casandra Aniemeke
Physical Examination Increases Cargo Dwell Time in Nigeria By Over 100%
Physical examination by the Nigeria Customs Service, NCS and other government agencies involved in cargo examination process at the nation's seaports has increased the cargo dwell time by over 100 percent. Vanguard investigation revealed that about 40 to 60 containers are physically examined at Apapa port daily while between 50 and
Australian, Norwegian marine companies partner in IoT to transport live fish
Sea Perch/Barramundi fish, one of the species that FishPac systems transports in its containers A new partnership between marine transportation companies, Australian FloatPac and Norwegian LipFish AS, may be an example of an application of the internet of things (IoT) that could catch on in the airfreight industry. LipFish AS said it has “worked
FedEx FY18 earnings soar on tax cuts
The Memphis-based parcel giant reported a net income of $4.57 billion, up 52 percent year-over-year. FedEx Corp. earnings surged 52 percent to $4.57 billion in its fiscal 2018 year, which ended May 31, according to the company’s most recent financial statements. The Memphis-based parcel and express carrier posted diluted earnings per share
UPS to spend $130 million on new natural gas vehicles, fueling stations
Package delivery company UPS on Tuesday said it will invest $130 million to buy 730 compressed natural gas vehicles and build five more domestic CNG fueling stations as the industry moves to shift from petroleum-burning vehicles to those that use less-polluting alternative fuels. United Parcel Service Inc, along with rivals such as
FedEx calls U.S. tariffs on Chinese goods ‘counterproductive’
A package of the FedEx courier delivery services company is pictured in this June 8, 2017 illustration photo. REUTERS/Carlos Jasso/Illustration Global delivery company FedEx Corp said on Friday that U.S. tariffs on Chinese goods will raise prices for American businesses and consumers and are “counterproductive to U.S. economic interests,” according to a
Panalpina acquires Argentine logistics network for perishables
Panalpina agreed to acquire the Argentinian perishables specialist Newport Cargo S.A., subject to conditions. On Wednesday, Swiss forwarder Panalpina released news of a new deal to acquire Argentine logistics company Newport Cargo S.A. in a move that will bolster its orientation toward the growing Latin American perishables market. Newport Cargo handles 24,000
Nigeria Has Lost Fortunes to Collapse of National Shipping Line
MV Osanyamo Nigeria as a maritime nation has lost fortunes to the collapse of the Nigerian National Shipping Line (NNSL) about 13 years ago.The Executive Governor of Edo State, Godwin Obaseki, disclosed this in Onne, Rivers State, during the official christening of the nation's latest addition to the Nigerian 'fleet', the
Kerry Logistics launches new rail services to Caucasus region
Kerry Logistics launches rail and road freight services from China to Caucasus and Turkey. Hong Kong-based Kerry Logistics continues to invest in the “One Belt, One Road” initiative that promotes trade between Europe and China by releasing plans to launch a new 18- to 20-day railway service. The 3PL also said it
UPS expanding LCL ocean offering
The parcel carrier and third-party logistics provider is adding direct sailings in 130 trade lanes covering Asia, Latin America, Africa, Europe, the United States, the Caribbean and the Middle East. UPS is significantly expanding its less-than-container-load (LCL) ocean freight services. The Atlanta-based parcel carrier and third-party logistics provider said in a statement