Truck shipping

Delivery delays increase ahead of the holiday season

Aaron Terrazas, director of economic research at Convoy, joins Yahoo Finance to discuss supply chain bottlenecks and labor shortages in the trucking industry. Video transcript [MUSIC PLAYING] ALEXIS CHRISTOFOUROS: Shipping operations at U.S. ports remain obstructed as ports, truckers and warehouses cannot find enough workers or cannot agree on hours of operation. Here to talk […]

Truck shipping

Muskogee Port Reports Fast Shipment in August | New

The Port of Muskogee reported strong shipping activity in August across all modes of transportation, posting year-over-year gains for the second consecutive year. Barge and train tonnage, however, remains below what the port typically handled at this time of year before the May 2019 floods, from which the port continues to recover. Flood mitigation and […]

Truck shipping

Christmas chaos: Delivery delays mean Santa could be late this year

Klaus Müller-Blech sends Christmas to Gettysburg, Pa. In a 1,000-foot-long container ship. So far it is three months behind due to global transport congestion. Mr Müller-Blech, 62, is the Christmas King of Germany, an Asian importer of mass-produced decorations that he resells across the West alongside the hand-blown glassware his family has been making since […]

Truck shipping

Marine Minister Sonowal lays foundation stone for three projects at Mangalore new port

Union Minister of Ports, Navigation and Waterways Sarbananda Sonowal on Friday inaugurated and laid the foundation stone for three projects at the new port of Mangalore in Karnataka, the Ministry of Ports, Navigation and waterways. According to the ministry, the grand opening included the cornerstone of a truck parking terminal and the modification of the […]

Truck shipping

Emerge Raises $ 130 Million Series B to Grow Digital Freight Market

Emerge, the Scottsdale, Ariz.-Based digital freight marketplace, announced Thursday morning that it has closed a $ 130 million Series B funding round led by 9Yards Capital, Tiger Global Management and The Spruce House Partnership. Existing investors New Road Capital Partners and Greycroft also participated in the round. “We have been fortunate to have experienced explosive […]

Truck shipping

Delivery Services Prepare for High Parcel Volumes This Holiday Shipping Season

JACKSON, Mississippi (WLBT) – The peak holiday shipping season is already on the minds of delivery company operators. They are preparing for an increase in shipments and working with the State of Mississippi to achieve it. Semi-trailers can be found at the State Fairgrounds in anticipation of the high volume of deliveries that will be […]

Truck shipping

Supply chain issues leading to shipping delays, massive cost increase before the holidays

(WXYZ) – You may not be hearing holiday music in stores yet, but you may have heard about holiday shopping earlier than usual due to lingering supply chain issues of the pandemic. Related: Artificial Christmas Trees Could See Double Digit Price Rise This Year Due To Supply Chain Issue Rick Vespa, co-owner of English Gardens, […]

Truck shipping

UPS and US Xpress say shipping demand and labor shortages are straining the trucking industry

Welcome to Thomas Insights – every day we post the latest news and analysis to keep our readers up to date with what’s happening in the industry. Sign up here to receive the best stories of the day straight to your inbox. Welcome to the Thomas Index report for the week of September 20. As […]

Truck shipping

Rising shipping costs are the latest inflation conundrum for businesses

Transportation costs (usually a fraction of the price of a finished product) appear to be another obstacle in the supply chain, overwhelming some companies that already pay more for raw materials and labor. Fabric and craft retailer Jo-Ann Stores LLC said it has spent 10 times its historical cost in some cases to move products […]

Truck shipping

Peak shipping season with a roar at the Port of Long Beach

The Port of Long Beach reported Thursday that the “peak sailing season started with a roar” and culminated in its strongest August on record. The port processed 807,704 twenty-foot equivalent units in August, an increase of 11.3% from the same month last year. Imports rose 11.7% to 407,426 TEUs, while exports declined 5.3% to 119,485 […]