News

Postal Service board names FedEx official as CEO before vetting complete

The U.S. Postal Service’s governing body on Friday announced it has selected FedEx board member David Steiner to be the nation’s 76th postmaster general and CEO, raising concerns from major unions about potential conflicts of interest and the Trump administration’s influence over the decision.

Steiner will succeed Louis DeJoy, who also came from the logistics sector and left office in March over reported disagreements with the White House about how much control to relinquish to a budget-cutting...

https://www.freightwaves.com/news/postal-service-board-names-fedex-official-as-ceo-before-vetting-complete

Layoffs hit BNSF tech staff amid restructuring

BNSF Railway has laid off a portion of its technology services staff as part of a departmental restructuring effort.

While BNSF did not disclose specific numbers, the cuts are believed to have affected between 140 and 175 workers.

The Fort Worth, Texas-based carrier is creating a division called “bnsf | tech” as part of what it describes as “a strategic initiative to transform the future of rail operations through innovation.” According to a prepared statement, this new organization “will be...

https://www.freightwaves.com/news/layoffs-hit-bnsf-tech-staff-amid-restructuring

DHL seeks to transform life science and health care logistics through AI

CHICAGO – Innovations in logistics technologies took center stage at the recent DHL Media Day, held at one of its four Innovation Centers. The event put particular emphasis on how artificial intelligence is revolutionizing supply chains across industries. When it comes to the life science and health care industries, where reliability, compliance and precision are crucial, these advancements represent opportunities to enhance patient outcomes while optimizing operational efficiency.

In April,...

https://www.freightwaves.com/news/dhl-seeks-to-transform-life-science-and-health-care-logistics-through-ai

Meet the fleets shaping the future generation; driver on visa charged; SHIPS Act | WHAT THE TRUCK?!?

On Episode 836 of WHAT THE TRUCK?!?, Dooner is talking to Next Generation in Trucking’s Lindsey Trent about the company’s Career Catalyst award, which honors the fleets shaping our nation’s future drivers. This recognition highlights fleets — both for-hire and private — that are creating meaningful career paths for young truck drivers, diesel technicians, warehouse associates and more.

Can we bring big ship building back to the USA? With all this trade war talk, Dredging Contractors of America’s...

https://www.freightwaves.com/news/meet-the-fleets-shaping-the-future-generation-driver-on-visa-charged-ships-act-what-the-truck

Maersk: US-China trade war will swing world container demand

A.P. Moller-Maersk, the world’s second-largest ocean carrier, said global container demand this year hinges on the outcome of U.S.-China trade negotiations.

The parent of Maersk (MAERSK-B.CO) on Thursday revised its full-year volume outlook from a decline of 1% to a gain of as much as 4%. It previously had forecast an increase of 4%.

“Three months ago when we gave our guidance, the 145% tariffs on China was not what we thought was going to happen,” Maersk Chief Executive Vincent Clerc said in an...

https://www.freightwaves.com/news/maersk-us-china-trade-war-will-swing-world-container-demand

How is C.H. Robinson turning things around? CFO Lee has a few ideas

The stock performance of the few 3PLs that are publicly traded tells a stark story in the past 12 months.

RXO (NYSE: RXO), which in its most recent two quarters posted losses, is down about 31% in the past year. Landstar (NASDAQ: LSTR), which has yet to report its first-quarter earnings and is considered mostly a 3PL but with some unique characteristics, is down 25.5% during those 12 months.

C.H. Robinson (NASDAQ: CHRW), which a little more than a year ago was reported to be one of the most...

https://www.freightwaves.com/news/how-is-c-h-robinson-turning-things-around-cfo-lee-has-a-few-ideas

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