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Fed Ex Freight Investor Day: Standalone LTL Plan Targets 15% Margins, $1 B+ Free Cash Flow Post-Spin
11+ hour, 29+ min ago (599+ words) Fed Ex NYSE: FDX Freight used its first Investor Day to outline a strategy for operating as a standalone less-than-truckload (LTL) carrier, emphasizing network scale, commercial initiatives, technology modernization, and a financial framework aimed at higher margins and free cash…...
Amazon Expands Counterfeit Crimes Unit To India To Tackle Fake Goods
35+ min ago (153+ words) Amazon's unit aimed at strengthening consumer protection and intensifying the crackdown on the sale of fake goods. New Delhi: E-commerce major Amazon on Thursday announced the expansion of its Counterfeit Crimes Unit (CCU) to India, aimed at strengthening consumer protection…...
New rideshare app 'BLOC' promises no surge pricing, better pay for drivers
2+ hour, 17+ min ago (319+ words) Apr 9, 2026, 6: 49 AM A new rideshare competitor is preparing to hit the streets of New York City, and it's aiming to shake up the industry with a bold promise: no surge pricing for riders and significantly more money for drivers. BLOC,…...
US container imports down 1% in March, Descartes says
4+ hour, 38+ min ago (22+ words) Trading View US container imports down 1% in March, Descartes says More news from Reuters...
US container imports climb 12. 4% in March
3+ hour, 37+ min ago (212+ words) Descartes Systems Group reported that U. S. container imports rose 12. 4% month-on-month in March 2026, reaching 2. 35 million TEUs. The increase marks a seasonal rebound from February levels. Volumes remained near historic highs, although they were slightly down compared to March 2025. Imports from China fell…...
Bangladesh sees notable progress in container transport in 9 M FY26
4+ hour, 39+ min ago (138+ words) The number of containers handled at the port in the first quarter (Q1) this year was 799, 000 compared to 795, 000 in the corresponding period last year'an increase of 3, 845 containers. The total cargo handled in the first nine months of FY26 was 104. 298, 658 tonnes'7. 39 per cent…...
UK backs Plymouth as maritime autonomy hub with "50 M investment
38+ min ago (345+ words) The UK government has unveiled a "50 million defense investment in Plymouth and the South West, aimed at accelerating maritime innovation and supporting the development of autonomous naval technologies. The "50 million deal will expand on the National Centre for Marine Autonomy,…...
Traqo Launches AI-Powered Container Tracking for Export and Import Operators
31+ min ago (569+ words) New Delhi [India], April 9: Traqo, a supply chain management platform founded in 2022, has updated its EXIM container tracking product with AI analytics, real-time alerts, and an Ocean View dashboard. The update extends coverage across 170+ shipping lines including Maersk, MSC, CMA…...
Hong Kong firm files arbitration against Maersk, claiming it schemed with Panama over port takeover
21+ hour, 7+ min ago (369+ words) The Panama Ports Company, a unit of Hong Kong's CK Hutchison Holdings, said in a statement dated Tuesday that Maersk A/S had undermined a contract over the Hong Kong company's operations of ports at either end of the Panama…...
Container shipping ends Q1 under pressure
10+ hour, 31+ min ago (482+ words) The global container shipping market entered 2026 in relatively firm shape, with tight capacity and high vessel utilisation helping to support rates in January. But that stability did not last. By the end of the quarter, the market was facing a…...
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