UPS Inc. announced an additional $130 million investment in compressed natural gas vehicles, including 400 semi-tractors and 330 terminal trucks and five more fueling stations — underscoring the company’s role as a major catalyst for wide-scale adoption of natural gas vehicles.
June 19, 2018Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
UPS Invests $130 Million in Natural Gas Vehicles, Infrastructure
China Vows to Retaliate as Trump Targets $200 Billion in Tariffs
Trade tensions between the world’s biggest economies intensified, with China vowing to retaliate “forcefully” against President Donald Trump’s threatened tariffs on an additional $200 billion in Chinese imports.
Bright Light Partners Expands Logistics, Drayage Footprint
Bright Light Partners has expanded the geographic footprint of its logistics and drayage operations, purchasing First Coast and Mile High Logistics, affiliated firms based in Jacksonville, Fla., that claim more than 1,600 drivers at 60 locations primarily serving the Southeast, East Coast, Mid-Atlantic and Gulf Coast.
June 19, 2018XPO, Nestle Team on UK Distribution Center
XPO Logistics has joined with food and drink giant Nestle to create a 638,000-square foot distribution center that will feature robotics and state of the art automation in Leicestershire, United Kingdom. The center is scheduled to be completed in 2020.
June 18, 2018Here’s How a US-China Trade War Could Play Out
President Donald Trump is betting Beijing will blink first in the showdown over tariffs. Such an outcome is far from assured — and it also could take a while.
‘Smart City’ Columbus Cites Technology, Collaboration as Keys to Future
Few things annoy futurist David Staley as much as when he is in his car stopped at a traffic light and no one is moving.
Steam Logistics Continues International Growth Despite Tariff Threat
Despite growing concerns of a trade war, one of Chattanooga, Tenn.’s fastest-growing international companies still expects to grow by more than 60% this year shipping goods worldwide.
Amazon’s No Enemy — In Fact, It Needs Us, U.S. Xpress CEO Says
A vague mention of Amazon.com Inc.’s interest in any sector might be enough to send investors into a tizzy, but the top executive of U.S. Xpress Enterprises Inc. is unfazed.
Airfreight in Brazil Seen as Way to Overcome Crime, Poor Infrastructure
Azul SA, Brazil’s newest airline, thinks it can help solve one of the nation’s oldest problems.
The Jordan Co. Embarks on Logistics Buying Spree
The summer has brought heat to mergers and acquisitions in the logistics sector, led by private equity firm The Jordan Co. moving aggressively to gather several firms under its umbrella.