Business

The trucking and logistics industries could be headed for another year-end boost in merger and acquisition activity.

At least a dozen employees at Rivian Automotive Inc. have accused the electric vehicle maker of safety violations at its Illinois plant, according to complaints filed with federal regulators.

U.S. trailer orders in October jumped 82% from the prior month to reach 46,750 units, ACT Research reported Nov. 16.

Railroad engineers accepted their deal with the railroads that will deliver 24% raises but conductors rejected the contract, casting more doubt on whether the industry will be able to resolve the labor dispute before December’s deadline.

Hub Group has announced a leadership succession plan under which control will remain in the hands of the founding Yeager family.

A surge in spot market rates that led some truck drivers to leave fleet jobs and go into business for themselves has cooled off, bringing with it a downturn in the number of drivers striking out on their own, industry data shows.

FedEx Corp. defused a threat by its delivery contractors to walk off the job on Black Friday in protest of dwindling profits as a trade group representing disgruntled logistics company owners disbanded.

BrightDrop, a General Motors Co. startup focused on offering electric delivery options, told investors Nov. 17 it’s on track to reach $1 billion in revenue in 2023.

Two theft rings that netted more than $18 million worth of merchandise stolen from railroad cars have been dismantled, authorities said Nov. 17, months after images of a sea of discarded containers along Union Pacific tracks in Lincoln Heights, Calif., drew national attention.