Penske Truck Leasing Co. has sued the city of Sacramento, Calif., alleging the city's environmental plan will harm the company's large North Sacramento facility.
April 4, 2024No rankings are available for this year.
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Penske Sues Sacramento Over Environmental Plan
UPS to Become the Primary Air Cargo Provider for USPS
UPS will become the primary air cargo provider for the United States Postal Service after FedEx said it wasn’t able to reach an agreement on mutually beneficial terms to extend its contract.
Work Continues on Establishing PC-12 Oil Category
PC-12 will replace the current API CK-4 and FA-4 engine oils, but there are still hurdles ahead of the finish line.
UPS Sees Sales, Profit Growth Coming Out of ‘Difficult’ 2023
UPS Inc. expects sales and profit to grow over the next three years as the courier overcomes soft demand for package delivery coming out of the pandemic.
Amazon Delivery Rival Pandion Secures Funding for Expansion
E-commerce logistics startup Pandion — which helps retailers like Saks Fifth Avenue compete with Amazon’s delivery — has secured $41.5 million in fresh funds to expand its operation.
FedEx Plans $5 Billion Buyback of Shares
FedEx Corp. plans to buy back $5 billion of its shares as cost-cutting efforts have helped boost the courier’s profits as fiscal third-quarter earnings beat expectations.
March 21, 2024Aerolane Seeks to Use Freighter Planes to Pull Cargo Gliders
Aerolane is testing a business plan to pull cargo gliders with small freighter planes.
PS Logistics Buys Yordy Transport, Boosts Flatbed Ops Again
Diamond State Trucking & Logistics is to buy Morton, Ill.-based flatbed carrier Yordy Transport for an undisclosed sum, parent company PS Logistics said.
TFI Buys Hercules Forwarding to Boost US LTL Operations
TFI International is to buy less-than-truckload carrier Hercules Forwarding Inc. for an undisclosed sum, it said.
PepsiCo, Estes Express Earn Sustainability Pathfinder Awards
NEW ORLEANS — Transport Topics has presented its inaugural Sustainability Pathfinder awards to PepsiCo and Estes Express in recognition of efforts to curb emissions and eliminate waste.
March 6, 2024