logistics News

New Report Outlines How Tech Is Used to Target Transportation, Logistics Sectors

In 2022, a covert practice by unscrupulous lawyers targeting insurers was uncovered by Demotech Inc., a financial analysis firm serving the property/casualty insurance sector. Demotech’s research conducted with Todd Kozikowski exposed troubling trends detailed recently. A sharp rise in claims …

FedEx Faces Safety Issues as Driver Accidents, Insurance Costs Rise

FedEx Corp. is pressuring delivery contractors to improve safety after mounting accidents helped trigger a near-tripling of insurance costs over the decade. FedEx is requiring contractors that deliver packages on behalf of the company’s Ground unit to install vehicle cameras …

Suez Canal Works to Clear Backlog as Shipping Convoys Resume

ISMAILIA, Egypt — The Suez Canal expects 140 ships to pass on Tuesday after the freeing of a container ship stranded for nearly a week allowed it to reopen, but experts warned that disruptions to global shipping and at ports …

Global Cargo Logjam Deepens, Delaying Goods Bound For Retailers, Automakers

LOS ANGELES/LONDON — Amazon seller Bernie Thompson shifted half of his production out of China to reduce his business risks and still found himself in the crosshairs of logistical chaos besetting the movement of goods around the globe. A surge …

What Happens When Tycoons Abandon Their Giant Cargo Ships

From the deck of their tanker, Captain Samig Nabiyev and his crew could see the smoke and fire rising over the Port of Beirut, 900 meters away. When the flaming warehouse exploded, the force of the blast knocked Nabiyev flat …