holds a Ph.D

2 weeks ago | freightwaves.com | John Paul Hampstead |holds a Ph.D

In a surprising move, retail giant Walmart announced Wednesday that it is withdrawing its earnings and revenue guidance for the current fiscal year, citing uncertainty surrounding the Trump administration’s newly imposed tariffs on Chinese imports. The decision comes as the world’s largest retailer grapples with the potential impact of escalating trade tensions on its bottom line. On Feb.

2 months ago | freightwaves.com | John Paul Hampstead |holds a Ph.D

U.S. industrial production increased more than expected in January, driven by a surge in utilities output due to cold weather that obscured underlying weakness in manufacturing and mining, which both declined. The Federal Reserve reported on Friday that industrial production rose 0.5% last month, surpassing economists’ forecasts of a 0.3% gain. The better-than-expected headline figure comes after a 1% jump in December, which was revised up from the initially reported 0.9% increase.

2 months ago | freightwaves.com | John Paul Hampstead |holds a Ph.D

In the first quarter of 2025, Class I railroads in North America are so far demonstrating varied levels of service performance, according to new metrics mandated by the Surface Transportation Board. The STB now requires major freight railroads to report additional data on on-time percentages, train speeds and terminal dwell times in an effort to increase transparency and accountability.

2 months ago | freightwaves.com | John Paul Hampstead |holds a Ph.D

A new report from the McKinsey Global Institute reveals that geopolitical tensions are reshaping global trade patterns, with the United States and China at the center of the realignment. The analysis, which examines trade data through 2024, shows that economies are increasingly trading more with geopolitically aligned partners and less with rivals. The report cites ongoing U.S.-China trade tensions and Russia’s invasion of Ukraine as key drivers of the trend.

2 months ago | freightwaves.com | John Paul Hampstead |holds a Ph.D

As New Orleans prepares to host Super Bowl LIX on Sunday, a massive logistics operation is already in motion to ensure the big game between the Kansas City Chiefs and the Philadelphia Eagles goes off without a hitch. From the iconic Vince Lombardi Trophy to the mountains of food and beverages that will fuel fans, the transportation and coordination required for this event are nothing short of staggering.