Fedex Revises Pricing to Cut Pickup Costs

Fedex Revises Pricing to Cut Pickup Costs

FedEx launched a new package pickup pricing structure in August, applicable in the United States and Canada. Regular and automated pickup fees will be charged weekly, while each ad-hoc pickup will be billed based on the number of stops. This initiative aims to enhance transparency and flexibility, better meeting the needs of businesses and consumers.

07/02/2025 Logistics
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Lithium Batteries Drive Electric Forklift Industry Transformation

Lithium Batteries Drive Electric Forklift Industry Transformation

Advancements in lithium-ion batteries have made electric forklifts superior to traditional internal combustion forklifts in terms of efficiency, environmental impact, and cost. This has led to an increasing number of companies transitioning to electric forklifts, supporting sustainable development in the industry and enhancing market competitiveness.

08/06/2025 Logistics
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LA Long Beach Ports See Diverging Cargo Trends New Opportunities

LA Long Beach Ports See Diverging Cargo Trends New Opportunities

June freight data reveals that the Port of Los Angeles achieved an 8% growth, marking its best performance in 117 years, while the Port of Long Beach faced a 16.4% decline. This fluctuation reflects the contrasting fortunes of the two major ports in the market environment, highlighting important considerations for businesses in their shipping decisions.

08/06/2025 Logistics
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June Cargo Volumes Diverge at POLA and POLB

June Cargo Volumes Diverge at POLA and POLB

In June, the Port of Los Angeles (POLA) recorded a freight volume of 892,340 TEUs, an 8% year-on-year increase and a historical record. In contrast, the Port of Long Beach (POLB) experienced a 16.4% decline, with a freight volume of 704,703 TEUs. This disparity in data reflects the different challenges and strategies faced by the ports.

07/16/2025 Logistics
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DAT Acquires Convoy to Expand Digital Freight Services

DAT Acquires Convoy to Expand Digital Freight Services

DAT Freight & Analytics has announced the acquisition of Flexport's Convoy digital freight platform. This move will enhance its product offerings by integrating automation and digital freight matching technologies, bringing new development opportunities and value to the industry.

08/06/2025 Logistics
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Outpost Opens Four New Freight Terminals to Expand Service Reach

Outpost Opens Four New Freight Terminals to Expand Service Reach

Outpost has announced the addition of four new freight terminals, marking its transition from a single fleet site to a comprehensive service center. These new terminals will integrate cross-docking areas, storage, and office space, enhancing delivery efficiency and meeting the growing market demand, helping the company maintain its competitive edge.

08/06/2025 Logistics
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VLCC Market Investment Opportunities Analyzed

VLCC Market Investment Opportunities Analyzed

Drewry's independent analysis of the VLCC market provides investors with essential market insights, including supply and demand conditions, market dynamics, and future trends, helping clients better assess investment opportunities in the shipping sector.

08/06/2025 Logistics
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Jan Krems Leads Air Cargo Industry Amid Market Shifts

Jan Krems Leads Air Cargo Industry Amid Market Shifts

Jan Krems has been appointed as the President of United Airlines Cargo, symbolizing the maturity of the air freight industry. With a career spanning multiple countries, Krems views air cargo not just as a job, but a lifestyle. In response to market changes, he emphasizes the need for industry education for shippers and advocates for collaborative innovation to compete with maritime shipping.

08/06/2025 Logistics
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