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WASHINGTON — Legislation introduced in the House and Senate could help speed air cargo shipments through the supply chain by using a new funding incentive for surface transportation projects. In addition to passenger benefits, Kustoff emphasized benefits to cargo shipments as well. “It Steve Cohen, D-Tenn. and David Kustoff, R-Tenn.
to discuss the evolving landscape of cargo theft that continues to plague the freight industry. While straight theft (the physical taking of trucks, trailers, or cargo from where they’re parked) remains the most common form of cargo theft, criminal tactics have shifted in the last few years. The scammer couldn’t answer.
The coronavirus pandemic is the most obvious of these hurdles, but everything from the threat of tariffs to the temporary blockage of the Suez Canal (and even the ongoing closure of the I-40 bridge in Memphis) could have had lasting ramifications for global commerce.
Cargo theft is surging across the United States — and food and beverage products seem to be the main targets. Cargo Theft Increases in the United States Cities seeing a spike in freight theft include Los Angeles, Houston, Miami, Savannah, Newark, New Jersey, Memphis, and Chicago.
Following disruptions caused by bad weather in US and Europe two weeks ago, last week airport operations quickly returned to normal, and cleared any cargo backlogs. There was one significant exception, at Fedex’s Memphis hub, where bad weather affected express parcels due for delivery on 12 January.
The Memphis, Tennessee-based express logistics giant said it removed seven Airbus A300-600 aircraft, three large MD-11 tri-engine freighters and two Boeing 757-200 (large narrowbody) freighter aircraft from the fleet. During the fourth quarter in 2024, FedEx decommissioned 22 Boeing 757 cargo jets. FedEx Corp.
The threatened strike by UPS Freight (LTL) may already be causing shippers to divert their cargo to other channels. Columbus to Memphis rates declined 13¢ to $1.85/mile. The national average van rate moved down a penny, to $2.09 per mile, mainly because of a 1¢ drop in the fuel surcharge. Pressure is building, however.
has introduced an AI-powered sorting robot at its air cargo terminal in Cologne, Germany to improve the accuracy of conveyor systems that move and route packages. FedEx installed four robotic arms at its Memphis, Tennessee, global package hub in 2020 to assist small package sorting. FedEx Corp.
With container ships jumping from 5,000 TEU Panamax to 23,000 TEU Mega jumbos, carriers need huge amounts of cargo to fill these ships – and that’s only possible with cooperative vessel-sharing agreements. Nothing, actually, but it’s a decidedly different box ship business today than that of 20 years ago.
With global cargo lanes clogged, businesses are turning to new ways to deliver goods. Mississippi River cargo traffic near Luling, La. The former wartime airbase handled a record 1,655 international cargo arrivals in 2021, a 73% jump from 2019, and overall tonnage rose 18%. We had a good cargo business before the pandemic.
Celebrating the anniversary of this first flight, we’re taking a look at nine most amazing things you should know about air cargo. 1 First air cargo flight: 1910. 2 Craziest air cargo market entry: DHL Express. 3 Largest air cargo plane: Antonov An-225. 5 Most Evil Genius Cargo: Lasers. Source: Imugr.
It started in 1969 as DHL Air Cargo, and by the late 1970s, the company had expanded its operations and offered services throughout the world. FedEx is the largest cargo airline in the world in terms of scheduled freight tonne kilometers (FTK), a distinction the company has held since 2014, and it’s the fourth largest in terms of fleet size.
US cargo airlines up in arms over Saudia flying rights request. Severe winter storms around the country, including at its main air hub in Memphis, TN are also posing challenges, FedEx said, adding, “The health and safety of our team members is our top priority.”. Walmart to offer secure 24/7 contactless delivery to Florida customers.
British Navy saves 27 aboard doomed cargo ship. Lanes from Dallas to Los Angeles, Memphis to Atlanta, and Philly to Boston all gained ground. Last month, XPO lost $600 million in business from its largest customer whom most industry analysts believe was Amazon. The company has refocused its attention to buying back $2.5
“The markets with the largest gains this week in OTVI.USA were Laredo, Texas (12.07%) Memphis, Tennessee (5.37%) and Cleveland (5.08%). If we stopped bringing in cargo right now, we’d have a month’s worth of work ahead of us,” Port of Los Angeles Executive Director Gene Seroka told Transport Topics.
In 2024, cargo theft incidents surged to 3,625 across North America, a 27% year-over-year increase, with losses exceeding $455 million and an average loss per theft of $202,364. The economic toll of cargo theft alone is estimated at $15–$35 billion annually, disrupting supply chains and inflating costs for businesses and consumers.
Or, you might think of Louisville and Memphis, where UPS and FedEx have their largest shipping hubs. 4 Dallas, TX: The Dallas-Fort Worth-Arlington metro area is high on our demand list partly because of its prime location for access to major interstate highways and its air cargo infrastructure.
A steep, across-the-board decline in imported cargo , exports and empty containers during March dropped volumes at several major ports to levels not seen since before the COVID-19 pandemic. billion cumulative square feet of flat, sunny rooftop space — or about twice the area of Memphis, Tenn., million U.S.
Or, you might think of Louisville and Memphis, where UPS and FedEx have their largest shipping hubs. But there are many other areas around the country that move companies to their customers and provide a number of other advantages. .</p> It’s one of the nation’s top-ranked markets for transportation and distribution.
DHL Express Teamsters work outdoors, loading and unloading approximately 360,000 pounds of cargo per day. Mississippi River water levels are plummeting to an all-time low this week at Memphis in the wake of a sweltering summer and ongoing drought – setting a record for the second consecutive year, new data shows.
We expect to see rates climb in the Southeast in the coming weeks as cargo ships will be diverted from Houston's deep water port to places like Miami, Savannah, and Charleston, and then transferred to other freight hubs in the region, including Memphis, Atlanta, and Greenville , SC. Chicago to Buffalo got a 14¢ boost, to $2.73
Memphis had more loads last week, as it replaced Houston as the number 3 market for load availability, following Atlanta and Dallas. Memphis outbound rates were down for the week, but rates are rising in the Midwest, starting with Columbus. Rates were hurt by changes in the mix of cargo.
Those lanes are associated with retail, and the cargo may include last-minute merchandise for the back-to-school season. HOT MARKETS – Atlanta and Memphis had a surprisingly good week, with outbound rates trending up in both markets.
Demand remained strong during the week in a handful of Hot Markets, including: Spokane , WA; Medford , OR; Fargo , ND; Sioux Falls , SD; Des Moines , IA; Rock Island , IL; Hutchinson , KS; Tulsa , OK; Little Rock , AR; Memphis , TN; and Decatur , AL. still well below the national average. Commodities include frozen and fresh packaged foods.
In fact, the battleground on which ports compete for customers will likely expand and move several hundred miles west, toward Chicago and Memphis. They serve regional markets and are unlikely to receive large volumes of cargo headed to the battleground region. Neutral or Unclear: Baltimore, Miami, and other East Coast ports.
In fact, the battleground on which ports compete for customers will likely expand and move several hundred miles west, toward Chicago and Memphis. They serve regional markets and are unlikely to receive large volumes of cargo headed to the battleground region. Neutral or Unclear: Baltimore, Miami, and other East Coast ports.
from a startup express carrier with a few aircraft to the largest air cargo airline in the world and facilitator of global commerce is one of the remarkable stories in American business history. FedEx carries more cargo traffic than any other carrier, according to the International Air Transport Association. The rise of FedEx Corp.
The Memphis-Shelby County Airport Authority passed a resolution on Thursday to begin renaming the Memphis International Airport after recently deceased FedEx founder Fred Smith. “We A Marks, Mississippi, native, Smith was raised and lived in Memphis until his death at the age of 80 on Saturday.
John Butterfield was already an experienced stage line operator on the east coast when he was awarded a contract by the Postmaster General to provide semi-weekly mail service from Memphis, Tennessee and St. Our experts can help you ship even the most unique cargo. Louis, Missouri to San Francisco, California.
billion enterprise with the largest air cargo fleet in the world. Two years later he relocated to Memphis, Tennessee, because of its central location and lack of severe weather conditions, which helped maintain schedule reliability for the airline. In 1989, FedEx purchased cargo airline Flying Tigers.
Robinson Acquires The Space Cargo Group to Expand Global Presence Transplace Partners with Noodle.ai Drops Threat of 25% Tariffs on Chinese Goods in Sign That Accord Is Near (WSJ – sub. to Increase Efficiency Using Enterprise AI 3Gtms Releases 3G-TM v18.0 pending final city approvals.
Born in Mississippi and raised in Memphis, Tennessee, Smith entered Yale College in 1962 to pursue a degree in economics. He is considered a giant of the modern freight transportation industry, along with Malcolm McLean, who invented the ocean shipping container.
Studying economics at Yale, Smith’s 1965 term paper pitched the idea of creating a logistics company that would carry only cargo, and do so for a package’s end-to-end journet, such that a package could be delivered almost anywhere in the US overnight. Operations began in 1973 with 14 aircraft, and a package hub in Memphis.
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