YRC sees improvement in Q4, still lagging competitors
YRC Worldwide reports 3% year-over-year increase in November revenue, following a modest decline in October. The company’s overall trends are still lagging those of some competitors.
YRC Worldwide reports 3% year-over-year increase in November revenue, following a modest decline in October. The company’s overall trends are still lagging those of some competitors.
A recently formed venture between Stockbridge Capital and a Korean pension fund will acquire 23 logistics properties valued at $2 billion.
The GEODIS Women’s Network “is also intended to improve the reputation of the logistics and transport industry, a field traditionally dominated by men.”
Arizona officials rooting for Nikola Corp. to make good on its plans for a $600 million electric truck assembly plant and hundreds of new jobs say construction is progressing.
Container shipping stocks are back to pre-COVID levels whereas many tanker and bulker stocks are down by double-digits year-to-date.
Retrofitting a passenger plane to operate as a heavy cargo plane is a big engineering job that requires many new parts and disposal of old ones. Logistics giant Kuehne + Nagel says it can reduce inventory and transportation costs to make conversions more economical.
Buying online and picking up in store puts massive pressure on redistribution centers.
Port communities in LA, Charleston and Philadelphia already at risk, officials assert.
Helping small businesses compete with the Amazon (NASDAQ: AMZN) e-commerce juggernaut has become more than a cottage industry, as dozens of technology companies create platforms aimed at helping retailers and […]
On Dec. 1, KCS announced that the blockades had officially come to an end. The Mexican economy has taken a hit due to the pandemic and the protests only added to the hurt.
Warehousing jobs continue to soar
Former driver recruiter Michelle Serth-Stein is accused of embezzling nearly $121,000 from two Missouri trucking companies.
How long will Brad Jacobs stay on after split and spinoff of logistics business?
Daseke receives a “positive” nod from ratings agency as its restructuring initiatives are being noticed.
newtrul, a freight aggregation platform, has announced an integration with McLeod Software’s PowerBroker platform.
FourKites said it has seen dramatic expansion of companies using its visibility products as shippers deal with uncertainty in the supply chain because of the COVID-19 pandemic.
The public-private partnership distributing the COVID vaccines is in the starting blocks. Planning is almost done. Now it’s time to execute the race once the FDA says the drugs are safe for public use.
More than 20,000 objects in Earth’s orbit are considered space debris, creating challenges for logistics and supply chains
First, Spire collects the ship-movement data from orbit. Then algorithms use that data to reveal the patterns of global shipping.
Mars missions are advancing, but the logistics of a Martian supply chain are anything but simple.
Private space companies are boosting into space exploration. Will it lead to a new method of shipping in space?
ShipMonk, an online fulfillment and technology solutions company, has completed a $290 million growth equity round as the global e-commerce surge shows no signs of abating. Growth investor Boston-based Summit […]
Asteroid mining holds promise of a $700 quintillion market for freight transportation.
Old Dominion Freight Line reports further improvement in less-than-truckload trends since the positive August inflection. This is the second carrier in as many days to show that metrics have accelerated through the fourth quarter.
Compared to other prospecting methods, cold calling produces the best results for a minimal commitment of time and resources.
NASA has ambitious plans to return to the moon in a permanent way later this decade and then head to Mars in the 2030s, and it is looking for logistics partners to help make that happen.
The pandemic is leaving its mark on the real Christmas tree market with an apparent uptick in sales, a compressed selling season and direct-to-consumer deliveries that are replacing some retail […]
The COVID pandemic forced transportation to quickly adopt digital solutions, and Comdata was ready.
Cold storage warehouse operator RLS Logistics advances growth initiative with the announcement of plans for a new facility serving New England.
Canadian supply chain software firm Descartes Systems Group continued to aggressively grow profits in the third quarter as it set a record for revenue.
Companies with 1 or 2 workers got money from the program; TL payout per job was about $9,200
Workhorse Group shares plummet as Postal Service delays delivery truck contract to early 2021. Separately, a potential short seller claims the electric delivery truck maker is worth just 20% of its valuation.
FedEx goes beyond partnerships to swallow e-commerce platform provider.
Automation, optimization and location are all key in making warehouses function more sustainably.
Less-than-truckload carrier Saia is the first company to provide an update on shipment trends for the fourth quarter, leaving at least one analyst “encouraged.”
Transfix will integrate project44’s visibility platform into its shipment tracking technology as the first initiative under a multiyear strategic partnership.
Pfizer and BioNTech might be on their way to a logistical breakthrough if they determine their promising COVID-19 vaccine can be shipped at warmer temperatures.
Prosecutors are asking the 6th Circuit Court to reconsider its Pilot fraud case ruling that tossed out the convictions of Mark Hazelwood and two staffers.
KeepTruckin has introduced Fleet View, a holistic approach to managing a fleet through a single platform that combines GPS, ELD compliance, driver safety management and asset visibility.
Penske Logistics plans to acquire Black Horse Carriers, a Chicago-based trucking company with more than 2,000 vehicles and 4,000 employees.
Tens of thousands of data points on who got what are now available for perusing
Experts warn of parcel backlog at U.S. entry points should CBP refuse entry to shipments.
Digital freight-matching brokerage Transfix is in discussions with a special purpose acquisition company that could lead to its listing as a public company, according to Bloomberg.
Cold storage heavyweight Lineage Logistics announces the acquisition of Poland’s largest temperature-controlled storage and logistics provider, Pago.
Most companies have women now, but a second rule would deal with diversity or sexuality.
Canadian fuel distributor Parkland Corp. says it is investigating a cyberattack after a ransomware gang claimed it hit the company.
Triten Real Estate Partners announces its latest industrial real estate portfolio addition, picking up the headquarters of Polar Service Centers in a sale-leaseback agreement.
The partnership will give shippers access to smaller trucking operators.
Double whammy for the dismissed driver: He owes the grocer more than $15,000 in addition to not getting his job back.
The Alphabet-backed startup is opening a R&D facility for trucking in Menlo Park, California
A November supply chain survey shows the rates at which transportation capacity is shrinking and pricing is climbing are increasing.
Safety requirements established for potential shipping hazards.
FedEx and UPS are running into a van shortage amid a record surge in parcel volumes. As the number of packages increases during the holidays, carriers are finding themselves without vans to make final mile deliveries.
The company pools multiple less-than-truckload shipments onto one truck.
MoLo beta-tested MasterMind for a year.
All measures of bad loans are healthier in BMO’s report
FLEXE connects warehouse providers with excess capacity to retailers and brands in need of flexible fulfillment solutions.
Temperature-controlled carrier KLLM Transport Services is rolling out “one of the largest” increases to driver pay in the company’s more than 55-year history.
Big-city Mayors Garcetti and Emanuel are receiving much of the speculation for DOT secretary.
Whatever hit the company also impacted its phone system
Two big suppliers of data to the supply chain are combining in an all-stock deal
“We’ve had helicopters land on our terminal and we open the container and take one part out, put it on the helicopter and a helicopter flies to the plant. You just can’t do that in nonoperating ports.”
Canadian electric truck and bus manufacturer The Lion Electric Company expects to list on NYSE and raise $500 million after combining with blank check company though a SPAC merger.
Samsara is adding three features to its AI dashcam product, including live streaming and mask detection, giving fleets more tools to monitor and improve driver safety in a socially distanced world.
J.B. Hunt adds to its final-mile network through acquisition for the fourth time since 2017. The company announces the acquisition of commercial fitness delivery and installation company Mass Movement.
E-log violations during roadside inspections and compliance reviews can add up to thousands of dollars in penalties for carriers. Knowing the most common violations is the first step to avoiding these penalties.
Shipment-specific insurance coverage is now available from UPS Capital directly through InMotion Global’s AscendTMS. InMotion Global has also partnered with Superior Trucking Payroll Services for payroll options.
Major carriers AT&T, Verizon and others are starting to transition their cellular networks to 4G. That means fleets running 3G devices could soon start seeing performance slip.
Tony Kirik owned both Dallas and Orange Transportation, which had a weak safety rating
Design as a profession is a relatively new animal for the freight industry, which has focused on assets and operations, less so on how a given TMS might look, function […]
Truckers are owed hundreds of thousands of dollars after Jamco Services LLC of Midland, Texas, filed for Chapter 11 protection on Wednesday.
EROAD has announced the Clarity Dashcam as part of its strategy to grow its North American market share.
A top general in the Canadian Armed Forces will oversee Canada’s COVID-19 vaccine distribution efforts as questions mount over timetable and logistics.
PCS Software has acquired UltraShip TMS, a cloud-based supply chain transportation management system company.
There is an ongoing race for EV domination as automakers across the globe push to be No. 1 in the EV market. Today’s focus? Tesla’s strategy to stay on top.
4D imaging radar will help the trucking industry deploy Level 4 autonomous vehicles and preserve the long-haul trucking industry as a major economic engine for the U.S.
Nikola Corp. founder Trevor Milton can sell his 92 million shares on Monday, creating a glut of stock that could drive the already volatile share price lower.
AIT Worldwide Logistics expands its global operations with the acquisition of final-mile white-glove specialist Panther Logistics.
As it becomes necessary to take an increasing number of sources and types of data into account, the case for shifting away from simple spreadsheets and onto more sophisticated platforms will gain strength.
Hapag-Lloyd and ONE chief executives will lead the “unified voice of liner shipping.”
Recent data points as well as updates from retailers suggest this inventory restocking cycle may take a few quarters to fix, meaning the current supply-demand dynamic in trucking could linger.
Worries mount for crude tankers: dividend cuts, the pandemic, a stubborn floating-storage hangover … and now newbuild chatter.
On this week’s Drilling Deep podcast, Thomas LaSalvia of Moody’s Analytics REIS looks at the market for warehouse space additions being driven by the growth in e-commerce. And he finds […]
In a not-required disclosure, company does not estimate time for a return
Werner Enterprises is adding Mastery Logistics Systems’ MasterMind TMS, continuing a trend of adopting leading-edge technology solutions.
Cowen Inc. helps bolster the balance sheets of startup electric vehicle companies by recruiting private investment in public equity to help young companies earn higher valuations.
While each fuel-efficient conveyance may consume less fuel per mile, the cost savings may induce more miles to be driven.
Nuvocargo’s meteoric growth continues with four new hires aimed at expanding the company’s global reach.
A Texas oilfield services company filed for bankruptcy protection, leaving small-business truckers that haul oilfield equipment in the lurch.
UPS Healthcare is increasing its capability to provide dry ice for COVID vaccine shipments while Swiss firm SkyCell is going to market with a shipping container it says is more efficient and safer because it uses less dry ice.
CDC data show transportation workers can be at increased risk for infection.
Cash payout to class members small; but debt forgiveness more than $1,300 per driver
Canadian Prime Minister Justin Trudeau said his government will be ready to distribute vaccines “as quickly as possible,” but acknowledged that the manufacturing countries will prioritize their own citizens first.
Full Truck Alliance is an investor in Plus, an autonomous trucking company rolling out a Level 3 truck in China starting in 2021.
Detroit, like the rest of the U.S, is experiencing a resurgence of positive COVID-19 tests. However, the auto industry is projected to continue operations as normal thanks to effective virus protocols in place.
A New York startup builds an AI model of the global supply chain.
XPO Logistics’ Nick Ober said during the What The Truck?!? podcast that using technology improves carrier relationships and the overall customer experience.
With European investors and loads of experience in Asia, Hyzon Motors is targeting the U.S. for heavy-duty fuel cells it plans to build in General Motors’ former research and development facility.
As a major shareholder of CN and CP, TCI Fund Management has submitted proposals for climate action. TCI also requested shareholder votes on climate plans at yearly meetings.
One of the world’s largest OEMs to back California and Biden transportation electrification goals