Month: May 2026

The U.S. Postal Service has inked a multi-year contract valued at more than $10 billion to continue providing last-mile parcel delivery service for DHL eCommerce, which specializes in cross-border and domestic B2C shipping services for e-commerce merchants, the organizations announced Thursday. Injecting parcels downstream into the postal system near letter carrier routes is more efficient… Continue reading DHL outsources last-mile parcel delivery to US Postal Service for $10B

Data analysis for week of May 28, 2026 for truckload produce shipper, carriers, and brokers The big picture The produce reefer market just snapped back — hard. After last week’s dramatic rate surge across California growing districts (Salinas to New York up +36%, Santa Maria to New York up +66%, South Texas to Baltimore up… Continue reading Reefer Report: Two-week whipsaw; South Texas reefer rates spike 40%, then collapse 40% in back-to-back weeks

Another wave of trucking and logistics companies sought bankruptcy protection during May as carriers across the U.S. continued grappling with erratic freight demand, soft spot rates and elevated operating costs. More than 20 trucking-related companies filed either Chapter 7 liquidation or Chapter 11 restructuring cases during the past 30 days, according to bankruptcy filings compiled… Continue reading Freight market pushes another wave of trucking firms into bankruptcy

For decades, Wall Street has started its mornings with a shared ritual: live television where the biggest names debate the moves that move markets in real time, but supply chain and logistics have never had that. Until now. On June 1, FreightWaves is launching FreightWaves Today, a live daily broadcast that will give the industry… Continue reading Supply chain finally gets its ‘Squawk Box’: FreightWaves Today launches June 1

(UPDATED May 27, 2026, 9:58 a.m. ET) Hong Kong-based Cathay Pacific on Wednesday announced it has exercised options to buy two additional Airbus A350 freighter aircraft, bringing its total commitment for the new aircraft type to eight units. Meanwhile, Air China Cargo placed a firm order with Airbus for four additional A350 freighter aircraft, bringing… Continue reading Cathay Pacific, Air China Cargo top up orders for Airbus A350 freighter