The closing of such a large and well-established LTL carrier is very rare. The industry hadn’t felt the void of such a large company since Consolidated Freightways closed 20 years prior. So, what happened? Considering Yellow Corporation was the third largest LTL carrier, what happened to all the freight they handled?
Much like when the internet first came to be, people are amazed and uncertain about it. I often hear and see the same questions come up. What is the history of AI? When did it start? What exactly is AI? Is it just ChatGPT? What kinds of AI are there? Will AI take my job from me? Will AI take over the human race? (Definitely no to the last one!)
The Port of Los Angeles processed 939,597 Twenty-Foot Unit (TEUs) containers in July 2024, an increase over the 684,291 TEUs it processed in July 2023, according to Eugene Seroka, Executive Director, Port of Los Angeles.
Seaports play a critical role in global trade and economic growth as they handle the bulk of the world’s cargo. Further, with ongoing attacks on the Red Sea and rising geopolitical tensions, it is now more important than ever for port operators to have proper documentation in place for the efficient and effective management of their terminals.
Toyota is developing a next-generation solid-state battery that will have a range of 900 miles per charge and is projected to be in commercial development by 2027-2028, according to a Toyota spokesperson.
In an interview with AJOT, Adam Stern, Executive Director, Offshore Wind California (OWC), cited a number of California initiatives which he believes will speed up development of floating offshore wind farms and meet California’s ambitious goal of generating 25 gigawatts (GW) of electricity by 2045.
Kamaka Air, the 25-year old interisland air cargo airline that recently hired two former Southwest Airlines senior executives to expand the carrier’s footprint, will not jump into the Hawaii to US West Coast market to fill in the void left when Aloha Air Cargo bailed out of the Honolulu to Los Angeles route earlier this year.
Sailing times from China to U.S. West Coast ports are averaging twenty days faster than to U.S. East Coast ports, according to the supply chain logistics platform Flexport.
Ports must counter soaring levels of cargo theft with more robust insurance and security measures, warns Ed McNamara, CEO of global port insurer Armada Risk Partners.