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Logistics News
Business, Logistics

Trucking M&A Activity Heads Toward Year-End Boost

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

Connor D. Wolf | Staff Reporter
November 21, 2022
Government, Business, Logistics

Engineers Ratify, but Conductors Split on Rail Labor Contract

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.

Josh Funk | Associated Press
November 21, 2022
Business, Technology, Logistics

Karmak Acquires Truckmore to Bolster Digital Truck Dealer Services

Business management services provider Karmak Inc. on Nov. 16 announced the acquisition of truck dealer technology company Truckmore.

November 21, 2022
Business, Logistics

Some Owner-Operators Return to Fleets as Spot Market Softens

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.

Connor D. Wolf | Staff Reporter
November 21, 2022
Business, Logistics

FedEx Delivery Contractors’ Threat of Black Friday Walkout Fizzles

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.

Thomas Black | Bloomberg News
November 19, 2022
Government, Business, Safety, Logistics, TCA

Authorities Say L.A. Railroad Theft Rings Dismantled

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.

Libor Jany | Los Angeles Times
November 18, 2022
Government, Business, Logistics

Amazon CEO Says Job Cuts Will Continue Into 2023

Amazon.com Inc. CEO Andy Jassy said the e-commerce giant will be cutting jobs into 2023 as it adjusts to business conditions, his first public comments about the cost-reduction plans roiling Amazon since reports that it planned to wipe out about 10,000 jobs.

Spencer Soper | Bloomberg News
November 18, 2022
Business, Logistics

Ed Aldridge Retiring; Peter Levesque to Take Reins as CMA CGM Leader

The CMA CGM Group announced that Peter Levesque is taking over leadership of its North American operations from Ed Aldridge, who is retiring.

November 18, 2022
Business, Logistics

Trucking Industry Heads Into Smoother Holiday Season

This holiday shipping season is expected to be marked by fewer delays and disruptions compared with the past two years, thanks to early freight movements, a flattening of volume and increased capacity, experts said.

Connor D. Wolf | Staff Reporter
November 17, 2022
Business, Logistics, Global Freight, TCA

Federal Maritime Commissioners Praise Growth at Port of Mobile

Two members of the Federal Maritime Commission praised the growth, diversity and import-export balance of the Port of Mobile during a visit on Nov. 16.

Lawrence Specker | Alabama Media Group
November 17, 2022
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