Chinese truck maker making big moves in Mexico Industry News Chinese truck maker making big moves in Mexico Shacman Trucks plans to have five to six distributors in Mexico this year, as well…Gemini Shippers GroupJuly 3, 2020
Geofencing data: Less-than-truckload boost carries into June Industry News Geofencing data: Less-than-truckload boost carries into June Deutsche Bank geofencing data shows the less-than-truckload recovery off of an April bottom spills into…Gemini Shippers GroupJuly 3, 2020
Current volume level is likely unsustainable, but just how high can we expect throughput to be post-Fourth? Industry News Current volume level is likely unsustainable, but just how high can we expect throughput to be post-Fourth? This week’s DHL Supply Chain Pricing Power Index: 55 (Carriers) Last week’s DHL Supply Chain…Gemini Shippers GroupJuly 3, 2020
Pandemic prompts DHL to beef up expedited LCL services Industry News Pandemic prompts DHL to beef up expedited LCL services Excerpt: In response to the COVID-19 pandemic, transport and logistics giant DHL is enhancing its…Gemini Shippers GroupJuly 3, 2020
Carrier ties bankruptcy to soaring insurance rates, fatal crash Industry News Carrier ties bankruptcy to soaring insurance rates, fatal crash Deluxe Express filed for bankruptcy protection, citing skyrocketing insurance rates, fatal crash.Gemini Shippers GroupJuly 2, 2020
Profit-taking early investors hammer Nikola stock price Industry News Profit-taking early investors hammer Nikola stock price High-flying Nikola Corp. (NASDAQ: NKLA) came back to earth Thursday as early investors in the…Gemini Shippers GroupJuly 2, 2020
VIP charter airline gets US greenlight for cargo operations Industry News VIP charter airline gets US greenlight for cargo operations A Bermuda-based airline sees a business opportunity with the COVID pandemic and is jumping into…Gemini Shippers GroupJuly 2, 2020
UPS partners with Mexican firm for international shipping Industry News UPS partners with Mexican firm for international shipping The agreement will help small and midsize businesses in Mexico reach more than 220 countries…Gemini Shippers GroupJuly 2, 2020
Coronavirus-related declines spur Port of Oakland budget decrease Industry News Coronavirus-related declines spur Port of Oakland budget decrease Total cargo volume is down 7.8% this year because of reduced import demand.Gemini Shippers GroupJuly 2, 2020