UK port strike leaders threaten peak season disruption if terms aren’t met
Excited about Christmas presents?
Start early this year. The union strike is underway at Great Britain’s largest port - Felixstowe. The leader of the Unite union representing dockworkers has warned that if the union pay terms are not met by the port, they will continue to strike through and past the holiday season.
Shares of UK logistics company Wincanton surged as a bidding war unfolded, sparked by a 26% higher offer from US rival GXO.
Arrival, the UK startup once hailed as an EV trailblazer with its micro-factories producing delivery vans for companies like Uber and UPS, is now in dire straits
A recent Fox News poll revealed that more than 75% of Americans are worried about the state of the economy.
The UK government has announced a reduction in National Insurance tax for workers from 12% to 10%, aiming to provide relief amid a cost-of-living crisis.
A video showing heavy Thanksgiving travel traffic on the 405 Freeway in Los Angeles has gone viral on social media, with people expressing both amazement and frustration at the congestion.
Walmart's stock reached an all-time high, hitting $166.30, as investors anticipate the retail giant to outperform its competitors during the holiday season due to its reputation for offering value.
The United States and China, along with 27 other countries and the EU, have signed the Bletchley Park Declaration on AI during a two-day AI Safety Summit held in the UK.
The UK government's recent pro-motorist policies have contributed to a "greenlash" against ambitious environmental initiatives in Europe.
The UK has given the green light for Equinor's North Sea Rosebank oil and gas project, emphasizing energy security despite opposition from environmentalists.
UPS is gearing up for the holiday season by planning to hire more than 100,000 workers, a number consistent with its hiring levels over the past three years.
New Brexit trade rules related to electric vehicles could impose a significant financial burden on European auto manufacturers, potentially costing them £3.75 billion ($4.58 billion) over the next three years, as reported by BBC News.
As the fall season approaches, retailers are gearing up for the peak season.
Amazon.com Inc. is planning to hire 250,000 logistics workers for the upcoming holiday season.
The U.S. Postal Service has announced that it will not impose peak season surcharges during the upcoming holiday season.
U.K. Prime Minister Rishi Sunak has announced a delay in several key emissions-reduction targets, including pushing back the ban on the sale of new gasoline and diesel cars from 2030 to 2035.
Mars and DHL have collaborated to establish new logistics centers in the UK, utilizing advanced technology to reduce CO2 emissions by 7.7%.
Following the resolution of the contract dispute at West Coast ports, BNSF Railway Co. (BNSF) has announced its readiness to handle an anticipated surge in intermodal volumes once freight levels in the region return to normal.
According to the CNBC Supply Chain Survey, retailers are anticipating a challenging holiday spending season, despite a significant drop in inflation.
Freight forwarders remain hopeful for a container demand recovery this year, according to a survey by Container xChange.
The Group of Seven (G-7) advanced economies held closed-door financial talks in Japan, focusing on issues such as bank runs, cybersecurity, and building more reliable supply chains for economic security.
A new hydrogen production plant aims to solve the problems with refueling and distribution snags.
With so much loss in package volume this year, FedEx is strategizing to maximize its efforts and make as much money as possible from every single delivery.
London's Congestion Charge is a fee imposed by the government to drivers who wish to enter certain parts of central London during designated times.
With projections to make any delivery driver gulp, the delivery giant UPS is expecting that it will handle up to 70 million packages in retail returns after the holiday season rush - and that’s just their company, alone.
In the holiday weekend airline crisis of the century, Southwest Airlines has canceled 70% of its schedule by Monday and warned that it would likely be extremely limited to about a third for the remainder of the week.
According to CargoNet, a total loss value of $6,033.572 has already been recorded between August 1st and December 14th of 2022.
Peak season is typically a time of stress and profit for the trucking industry.
In a 2022 shopping survey conducted by Supply Chain Brain of 3,138 U.S. adults, 50% said that they did not begin holiday shopping until November.
The massive retailer often is the victim of bad press, but it seems that Amazon would only be hurt by having an unhappy workforce during the busiest time of year - the holidays.
The UK's economy experienced its strongest growth in almost three years, with a 0.6% expansion in the first quarter of 2024, according to the Office for National Statistics.