As reported by Transport Topics today, In a case of David purchasing Goliath, Uber Technologies Inc.’s freight business is acquiring logistics technology firm Transplace from TPG Capital for $2.25 billion, the company announced July 22. Transplace ranks No. 13 on the Transport Topics list of the Top 50 largest logistics companies, while Uber Freight is […]
In an effort to clear existing West Coast terminal backlogs, BNSF Rail has advised that it will, for the next two weeks, limit shipments from Los Angeles and Long Beach to Chicago. BNSF has also announced it will limit shipments from New York to Chicago, Cleveland, and Indianapolis for the foreseeable future. While BNSF was […]
Everstream Analytics monitors and produces a weekly summary of supply chain impacts due to the ongoing COVID-19 pandemic. The update is provided free-of-charge to the industry. Below is your weekly update: Vietnamese authorities imposed a two-week COVID-19 related lockdown in Mekong Delta and Ho Chi Minh City metropolis, with restrictions to be in effect from […]
The office of the United States Trade Representative (USTR) has announced their plan to begin imposing Section 301 tariffs on US imports from six different countries. Beginning November 29, 2021, CBP will begin collecting duty on certain products imported from Austria, India, Italy, Spain, Turkey, and the United Kingdom. The following is a specific list […]
As part of “Delivering for America,” its 10-year plan to achieve financial sustainability and service excellence, the United States Postal Service filed notice last Friday with the Postal Regulatory Commission (PRC) proposing price changes to take effect Aug. 29, 2021 that are in accordance with the rules recently established by PRC last year. The proposed […]
