Stonepeak to buy air cargo company ATSG for $3.1B
The growth of cross-border e-commerce shipping influenced investment house Stonepeak’s decision to acquire Air Transport Services Group.
The growth of cross-border e-commerce shipping influenced investment house Stonepeak’s decision to acquire Air Transport Services Group.
Boeing is scaling back production plans for the 767 and next-gen 777-X freighters, which could create a shortage of widebody cargo aircraft later this decade.
Fast, accurate freight market data is critical in periods of volatility.
Gov. Ron DeSantis said Thursday he will deploy the Florida National Guard and Florida State Guard to ports affected by the International Longshoremen’s Association strike.
Union dockworkers began striking against employers at ports across the U.S. East and Gulf coasts early Tuesday morning.
For the first time in its history, the Teamsters union has announced it will make no endorsement for president this election year.
Alaska Airlines will become a major cargo airline with the integration of Hawaiian Airlines’ freighter fleet that services Amazon.
Air Canada and its pilots resolved their contract dispute at the last minute on Saturday, preventing a strike.
Workers who build Boeing aircraft will go on strike Friday after spurning a deal recommended by their union.
Maine State Police are investigating after a tractor-trailer carrying a massive wind turbine blade overturned Friday morning, shutting down part of the roadway until at least Saturday.
MyCarrier asked a Delaware judge to stop project44 from cutting off visibility data to MyCarrier.
The International Brotherhood of Teamsters announced Friday that its membership would be voting on the union’s endorsement for U.S. president this election year.
Charles Christian Haskell, 51, of Las Vegas, was charged with five counts of death by motor vehicle after a crash involving his tractor-trailer on Interstate 95 in Wilson County, North Carolina, on July 24.
Supply chain logistics company Stord purchased the fulfillment services operation of Pitney Bowes’ e-commerce division on Friday.
UPS announced on Monday it has entered an agreement to acquire Mexican express delivery company Estafeta.
Teamsters President Sean O’Brien will speak at the Republican National Convention Monday in a historic first for the International Brotherhood of Teamsters. The union has yet to make a decision on which presidential candidate they will endorse for 2024.
UPS announced the appointment of Brian Dykes as executive vice president and chief financial officer on Tuesday.
Norfolk Southern will be required to pay an additional $310 million for the 2023 East Palestine derailment. The settlement will go towards measures to improve rail safety, pay for health monitoring and mental health services for the surrounding communities, fund long-term environmental monitoring and more.
Recovery crews have found the body of the sixth and final person who died in the Francis Scott Key Bridge collapse in Baltimore, as crews plan to remove a large section of the wreckage.
UPS announced Monday that Brian Newman, executive vice president and chief financial officer, will step down June 1. The company has begun a search for his successor.
Clenard Parker, 42, is accused by law enforcement of crashing a stolen semitruck into a Texas driver’s license office Friday morning after being denied his CDL, killing one person and injuring others.
“The whole bridge just fell down!” an officer said on an emergency call as authorities raced to close the Francis Scott Key Bridge just before it was struck by a container ship.
Around 1:30 a.m. Tuesday, the Dali, a Singapore-flagged ship, smashed into the bridge.
Alaska Airlines will inherit a cargo business for Amazon as part of its acquisition of Hawaiian Airlines.
Prospective acquirers are looking at Convoy’s platform and engineering and product teams.
Coyote, a $5.2 billion freight broker, just announced layoffs again. The trucking industry is in a recession.
A tentative contract between UPS and the Teamsters doubles wage increases for part-time workers over the current pact.
FedEx pilots have voted down an upgraded contract that would have raised pay scales by 30%.