His tiny company, Plug Power Inc., makes hydrogen fuel cells, and for years he struggled to find customers. No longer. In April, Amazon.com Inc. agreed to try out the technology in forklift fleets at 10 of its warehouses.
July 31, 2017Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Airfreight Forwarders
No rankings are available for this year.
Extras
Warehouse Forklifts Finally Give Hydrogen Power a Reason to Be
Amazon’s Warehouses Remind Market That Dominating E-Commerce Has a Price
Amazon.com Inc. reminded investors that luring shoppers away from stores and dominating the cloud-computing industry isn’t cheap.
Echo Suffers Losses for Third Straight Quarter
Echo Global Logistics set a new record on July 27 after failing to make a profit for the third consecutive quarter, which hasn’t happened once since the company went public in mid-2009.
Amazon Enlists Researchers to Build Box-Packing Warehouse Robots
Sixteen teams of robotics researchers are traveling to Japan this week to help Amazon.com Inc. solve its warehouse problem.
UPS Reaps the Reward of Price Increases
UPS Inc. is finally figuring out how to make money from the surge in online shopping.
XPO Hires Christopher Synek as President of North American Transportation Division
XPO Logistics has hired Christopher Synek as president of transportation in North America, running the brokerage, expedited trucking, intermodal marketing, drayage and global forwarding businesses.
July 26, 2017Cargo Activity at Illinois Airport Jumps 39% as UPS, Amazon Flights Increase
More jobs and cash have landed at Chicago Rockford International Airport, where cargo volume is up nearly 40% for the first six months of the year compared with the first half of 2016.
This Obscure NAFTA Chapter Could be Canada’s Deal-Breaker Again
The U.S. confirmed last week that among its top objectives in upcoming negotiations on the North American Free Trade Agreement — which superseded the FTA in 1994 — is the elimination of the Chapter 19 dispute-resolution mechanism that previous Canadian Prime Minister Brian Mulroney went to such lengths to preserve.
Bill Gates Backs Uber Freight Rival Convoy
As Bill Gates and Jeff Bezos jockey for the designation of world’s wealthiest man, the Seattle billionaires are united behind at least one local venture. They’re both investors in Convoy Inc., a trucking logistics startup that competes with Uber Technologies Inc.
Keg Logistics Sold From One Private Equity Firm to Another
Bregal Sagemount has sold its stake in Keg Logistics to Seaport Capital in a deal between middle-market private equity firms.
July 21, 2017