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Volkswagen is considering closing factories in Germany for the first time as it faces rising competition from Chinese EV makers and high costs.

Maersk has opened a 402,000-square-foot logistics facility in El Paso, Texas, to improve cross-border trade between the U.S. and Mexico.

Truckload drivers earned a median salary of $76,420 in 2023, marking a 10% increase since 2021, according to the American Trucking Associations.

COSCO Shipping has signed a $2 billion agreement to build and lease 42 bulk carriers, its largest deal since 2016.

DP World has completed the acquisition of Cargo Services Far East, a Hong Kong-based supply chain provider, expanding its presence in China.

Veho and Flexport have partnered to offer faster next-day and two-day delivery services, aiming to improve shipping for businesses of all sizes.

Discover top strategies to combat the 46% surge in cargo theft in 2024, including advanced tracking technology, enhanced security protocols, and effective employee training to safeguard your logistics operations.

The Maryland Transportation Authority approved a $73M contract with Kiewit to start the rebuild of the Francis Scott Key Bridge.

To effectively address LTL shipping delays and damages in California, businesses should adopt strategies such as partnering with regional carriers like PITT OHIO for faster transit times and leveraging technology for enhanced shipment visibility and control.

In this podcast, Jeff Berman, Group News Editor for Logistics Management and the Peerless Media Supply Chain Group, interviews Matt Muenster, Chief Economist for Green Bay, Wisc.-based Breakthrough, an innovator in transportation management, dedicated to creating transparent and fair strategies for the world’s leading shippers.