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...Cargill’s head of ocean transport has called on the shipping industry to give wind power a chance in its efforts to decarbonise, as one of the world’s largest marine freight operators prepares to test the...
...The unease may reflect that regulators and governments should be asking who is monitoring the food system globally, beyond the narrow prism of antitrust....
...Soaring freight rates and a subsequent surge in profits during the pandemic have encouraged some shipping companies to splurge on new ships — few of which will have wind-propulsion systems....
...It’s a more accurate reflection of the flexible, multi-stranded nature of the global goods trading system to use the less snappy (hence my not using it in the headline) “supply networks” or the even unsnappier...
...The letter, seen by the Financial Times and first reported by Reuters, was signed by the largest US carriers as well as the air freight arms of two of the biggest logistics groups, UPS and FedEx....
...That is bad news for business — and consumers — given that almost three-quarters of freight in America is moved by trucks....
...You have a very complex system that has run in somewhat of an equilibrium for the last 50 years....
...Didi operates the dominant ride-hailing app in China and has recently begun expanding into new markets while also pouring cash into developing electric vehicles and autonomous driving systems....
...Higher freight costs — now $40,000 a day — are painful for buyers, compounding the price increases of the commodities being shipped....
...Lex points out regulators are also investigating Full Truck Alliance and Kanzhun after the road freight app and online recruitment group both listed in New York last month....
...Air freight demand has skyrocketed. Some larger terminals like Chicago are reporting delays of up to two weeks for cargo collection....
...to start: rail group Canadian Pacific is set to present a new, higher offer to buy Kansas City Southern, worth about $31bn, including debt, in a move that is set to revive the takeover battle for the US freight...
...The Cascadia is set to be equipped with the Waymo Driver — a combination of vision sensors, software and computer systems, according to a press release....
...Other cities have created freight corridors which force big trucks down certain highways to distribution centres on the outskirts. Some have established consolidation centres....
...She will replace Carl Ice, who will retire in January after 42 years at the freight network. More from Reuters....
...Uber Freight expands Uber will spend at least $2bn over the next decade to expand its freight business, including a new headquarters in Chicago....
...However, UPS and its rival FedEx face growing competition from Amazon’s freight delivery service....
...The shipping giant on Tuesday said it planned to curtail hiring and cut air freight capacity in response to disappointing earnings....
...The first rehearsal for the use of an automated customs system — in which transport companies will seek advance electronic clearance for their trucks and freight through customs — will be held in the Normandy...
...That largely means food delivery, self-driving cars, freight and other hare-brained “vehicle solution” schemes like non-stop shared rides (whatever that is)....
...Uber claims its future growth depends on driverless cars, freight shipments, and renting scooters and bikes. The key details of these new businesses? Undisclosed....
...Uber has already structured its freight booking unit as a standalone business in which it owns a majority stake....
...The Miracle Mile in Carlisle, Pennsylvania, is a vital capillary in the US freight transport system....
...“We remain fully invested in and excited about the future of Uber Freight,” an Uber spokesperson said. “Since launching in Texas, we have introduced Freight to all states in the continental US....
...The US's freight rail system is in many ways the model of efficiency, with ton-miles rising over the half century even as system mileage dropped: Yet its genesis, much like Britain's railways,...
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