Strike at Los Angeles ports starts to back up commerce

Nov 30, 2012
Already the strike has idled thousands of trucks and trains that take containers from the Ports of Los Angeles and Long Beach to factories and distribution centers.
Posted In: ports, port of Long Beach, shipping

Prolonged California port strike could affect retailers

Nov 30, 2012
Unionized clerical workers who staff the ports of Los Angeles and Long Beach have entered the fourth day of their strike. If the dispute continues, the ripple effects could soon be felt across the country.
Posted In: los angeles, strike, ports, shipping

Summer ice melt in the Arctic sets yet another record

Sep 20, 2012
Shipping across the ice-free Arctic appears closer than ever. The new route will save fuel, but bring emissions and soot directly to the Arctic -- possibly accelerating the ice melt.
Posted In: shipping, Arctic, carbon emissions, global warming

What's good for iPhones is good for FedEx

Sep 18, 2012
Apple says it received two million orders for the iPhone 5 in the first 24 hours of availability. That is good news of course for Apple. It's also good news for shipping companies like Fed Ex.
Posted In: iphone 5, China, fedex, shipping

The next Panama Canal could be on its way

Aug 1, 2012
The government of Nicaragua is paying two Dutch companies about $750,000 to study the feasability of building a canal -- a canal that would rival the Panama Canal and create another link from the Pacific Ocean to the Caribbean Sea.
Posted In: Panama Canal, shipping

FedEx to acquire Brazilian shipper

May 30, 2012
Despite global economic woes and nervous markets, FedEx announced today that it will purchase the Brazilian shipper Rapidao Cometa Logistica e Transportes for $6.8 billion.
Posted In: fedex, UPS, shipping, brazil

UPS buys Dutch shipping rival for $6.8 billion

Mar 19, 2012
The U.S. shipping giant said Monday it will acquire Europe's No. 2 delivery company, TNT Express, in effort to expand its global reach.
Posted In: UPS, TNT Express, shipping, acquisition

What UPS earnings signal about the economy

Jan 31, 2012
UPS earnings are out today. The company serves as a bellwether stock because as the economy improves, it sells -- and ships -- more items.
Posted In: UPS, shipping

FedEx to raise prices in the coming year

Dec 27, 2011
FedEx will start charging higher rates in part so it can afford to hold on to good employees.
Posted In: fedex, shipping, Transportation

FedEx expecting record day of shipments

Dec 12, 2011
FedEx is expecting to ship 17 million packages today, up from last year's peak of 15.6 million in a single day.
Posted In: fedex, shipping