The industry saw significant upheaval, with a major container vessel crash, natural disasters and port and rail shutdowns. Here are some memorable moments.
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Supply Chain Dive
FedEx aims for ‘seamless’ customer transition with Freight spinoff
The less-than-truckload unit aims to sustain or improve service levels while also bolstering its sales ranks.
Air cargo market maturity helps avoid ‘peak of all peaks’ in November
Proactive capacity management contributed to a 12% YoY increase in the global air cargo spot rate since the start of peak season, compared to 25% in 2023.
Amazon warehouse workers on strike amid holiday rush
The e-commerce giant said work stoppages at seven facilities have not impacted operations.
‘The right time’: FedEx will spin off FedEx Freight LTL unit
FedEx Freight will be separated from the parcel giant, creating a new publicly traded company, the board announced.
Southern Glazer’s sued by FTC for pricing discrimination
The agency's complaint alleges the alcohol distributor has withheld volume discounts to smaller retailers while favoring larger chain stores since 2018.
Ocean carriers plan Panama Canal surcharges
MSC and CMA CGM will implement fees for cargo traveling through the major waterway on certain trade lanes to offset increased costs.
Nordstrom and Macy’s abandoned the ‘retail inventory method’ after using it for decades. Here’s why.
The accounting practice can interfere with merchandising and pricing decisions while also muddying the picture on inventory shrink, experts say.
Fed trims main interest rate, signals prospect of less easing in 2025
Policymakers reduced the benchmark interest despite signs that their nearly three-year fight to push down inflation to their 2% target has stalled.
Duluth Trading ramps up automated fulfillment center usage
The workwear retailer is leaning more on the Georgia facility during the holiday season after closing a location in Iowa.