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Freight Transport/Logistics
How Nike Sneakers Get Stolen at Every Turn
The company’s warehouses, trucks and stores are regularly targeted by organized crime groups looking to steal and resell Air Jordans. Source link
The Teamsters Boss Calls Himself S.O.B., and He Wants Everyone to Know It
Listen to article (2 minutes) At a rally in Atlanta last month, Teamsters President Sean O’Brien addressed hundreds of union members with the combative attitude
Yellow in Talks to Sell Its Logistics Business
The troubled trucking company is seeking to raise cash and stave off a potential bankruptcy filing. Source link
Volkswagen Lowers Delivery Targets as Supply-Chain Issues Persist
The German car giant said logistics bottlenecks are shifting from semiconductor shortages to transportation delays. Source link
Union Pacific Picks New CEO
The railroad company named veteran rail executive Jim Vena chief executive, after a major shareholder called for the current CEO’s removal. Source link
Fire on Car-Carrier Ship Off Dutch Coast Kills One
The coast guard is investigating whether the blaze started in one of the electric vehicles onboard. Source link
UPS, Teamsters Reach Agreement on New Contract
The five-year labor deal would prevent strike by roughly 330,000 package delivery drivers and package sorters. Source link
Iranian Oil Is Stuck off Coast of Texas, but U.S. Firms Won't Touch It
Companies that manage unloading tankers say they are too worried about Iranian reprisal to handle the captured oil on the Suez Rajan. Source link