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Wed Apr 13 07:11:02 CDT 2022

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Maersk bets vertical integration will win the Last Mile

Last-mile delivery is where every upstream mistake finally comes due. It is the last stop before the customer, the last chance to get an order right. It is also the first place where blame lands when something goes wrong. Maersk is betting that connecting every link in that chain, from the port to the doorstep,… Continue reading Maersk bets vertical integration will win the Last Mile

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United Airlines cargo chief Jan Krems to retire after storied career

Air cargo Hall-of-Fame member Jan Krems has tendered his resignation after more than 12 years as president of cargo at United Airlines and will be replaced by Chris Busch, currently managing director, Cargo Americas. Krems will depart at the end of September, said United Cargo spokeswoman Elise Goldstein, in conjunction with the company’s announcement on… Continue reading United Airlines cargo chief Jan Krems to retire after storied career

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Continental Tire and myMechanic team up to fix roadside service’s phone-call problem

A truck loses a tire outside its home terminal, and the fleet’s telematics system already knows it. What it doesn’t know is which dealer is open, which one has the right tire in stock, or how long it will take someone to answer the phone. That gap, between data and dispatch, is where roadside breakdowns… Continue reading Continental Tire and myMechanic team up to fix roadside service’s phone-call problem

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Maersk raises 2026 outlook again as earnings surge

A.P. Moller-Maersk raised its full-year earnings outlook after second-quarter revenue climbed 20% year over year and EBITDA reached $3.0 billion, as robust Far East export demand, higher spot rates and congestion across key trade lanes lifted results. Revenue rose to $15.8 billion in the second quarter from $13.1 billion a year earlier. EBIT increased to… Continue reading Maersk raises 2026 outlook again as earnings surge

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Reefer Report: Produce comes off the peak, but last year’s floor stays out of reach

Reefer spot rates Reefer spot linehaul averaged $2.64 per mile this week, minus fuel, down 0.3%, or $0.01 per mile, from the prior week. Rates climbed 35%, or $0.68 per mile, year over year and held 26.2%, or $0.55 per mile, above the nine-year seasonal average of $2.09 per mile, near the top of the… Continue reading Reefer Report: Produce comes off the peak, but last year’s floor stays out of reach

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