More Retail, an Indian grocery chain backed by Amazon.com Inc., is considering an initial public offering that could value the company at as much as $5 billion, according to people with knowledge of the matter.
December 13, 2021Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
Amazon-Backed Grocer Weighs India IPO at $5 Billion Value
DHL Doubles Robots as Humans Alone Can’t Handle Holiday Crunch
DHL’s supply chain unit doubled its use of robots in the U.S. this year and now has about 1,500 picking robots at its warehouses around the country, on top of adding 15,000 seasonal workers, Oscar de Bok, chief executive of the unit, said in an interview with Bloomberg TV Dec. 10.
US Ship-Law Revamp Will Boost Industry Transparency, LA Port Chief Says
The first major update of U.S. international ocean-shipping laws in more than two decades, which passed in the House this week, will help boost transparency in the industry if passed by the Senate, the head of the Port of Los Angeles said.
Lufthansa Warms to Airbus Freighter as It Plans Cargo-Fleet Expansion
Deutsche Lufthansa AG’s cargo division said it’s seeking more freighter planes to keep pace with booming global demand and that purchases could include Airbus SE’s new A350F model.
As Storms Start, States Struggle to Hire Snowplow Drivers
More U.S. drivers could find themselves stuck on snowy highways or have their travel delayed this winter due to a shortage of snowplow drivers — a reality that could hit home as winter storms start dumping snow from the Intermountain West to the Upper Great Lakes.
U.S. Steel, Norfolk Southern and Greenbrier Partner on New Steel Railcar
United States Steel Corp., Norfolk Southern Corp. and The Greenbrier Cos. collaborated to create a new high-strength railcar, the companies announced Dec. 9.
December 9, 2021Forward Air Announces General Rate Increase
Forward Air Corp. announced a general rate increase of 7.9%, applicable to rates established under existing tariffs effective Feb. 1.
December 9, 2021Senate Panel Examines Supply Chain Disruptions
WASHINGTON — To help alleviate ongoing supply chain woes, a senior transportation policymaker in the U.S. Senate suggested federal agencies as well as industries look to ports along the Great Lakes.
Border Congestion Feared as Vaccination Requirements Change in January
The flow of freight between the United States and its neighbors Canada and Mexico could slow beginning in January, as all three countries adopt more stringent COVID-19 vaccine requirements for cross-border truck traffic.
Trucking Reports Busy Black Friday Weekend
Black Friday weekend was particularly busy for the trucking industry with strong demand coming from retailers and supply chain issues.