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Logistics News
Business, Logistics

Platinum Considers $1 Billion Canadian Logistics Firm Sale

U.S. private equity firm Platinum Equity is considering a sale of logistics firm Livingston International amid growing investor appetite in the sector, according to people familiar with the matter.

September 1, 2022
Business, Logistics

FMC's Carl Bentzel Worries Port Congestion May Impact Peak Shipping Season

With the increasing number of cargo ships on the Atlantic and Pacific coasts waiting to be unloaded nearing 150, Federal Maritime Commission member Carl Bentzel believes the upcoming peak season for retailers could be extremely challenging.

Dan Ronan | Senior Reporter
August 31, 2022
Business, Technology, Logistics, Autonomous

Locomation to Begin Runs With Oklahoma Carrier

Autonomous truck developer Locomation announced an eight-year agreement with El Reno, Okla.-based Stevens Trucking Co. to provide the carrier with its human-guided Level 2 autonomous relay convoy turnkey system.

Roger Gilroy | Senior Reporter
August 31, 2022
Business, Technology, Logistics, Autonomous, TCA

Autonomous Truck Firm Gatik to Begin Deliveries in Dallas

Gatik, a California-based autonomous trucking company, will begin a Dallas route in partnership with century-old business equipment firm Pitney Bowes.

Alexandra Skores | The Dallas Morning News
August 31, 2022
Business, Logistics

Colonial Freight to Close after Nearly 80 Years

After running and owning a trucking company since 1943, the McBride family says it’s time to close the business.

Dan Ronan | Senior Reporter
August 30, 2022
Government, Business, Logistics

Port of Port Arthur Plans for $20 Million Expansion in 2023-24

Port of Port Arthur, Texas, will receive $13.6 million in a federal USDOT grant that port officials say will significantly upgrade the East Texas facility during the next year.

Dan Ronan | Senior Reporter
August 30, 2022
Government, Business, Logistics

Containership Backlog Outside L.A. Ports Is Almost Cleared

The number of containerships headed for the California ports of Los Angeles and Long Beach — a traffic jam that once symbolized American consumer vigor during the pandemic — declined to the lowest level since the bottleneck started to build two years ago.

Brendan Murray | Bloomberg News
August 30, 2022
Government, Business, Logistics

Three of 12 Rail Unions Announce Tentative Deal

OMAHA, Neb. — Three of the 12 unions negotiating with the nation’s biggest freight railroads have reached a tentative deal that will deliver 24% pay raises, in line with what a special presidential panel of arbitrators recommended earlier this month to resolve the stalemate before a strike could happen.

Josh Funk | Associated Press
August 30, 2022
Government, Business, Equipment, Logistics

Congestion Tolling Likely in New York City Business District

New York City officials are exploring congestion-based tolling scenarios to fund mass transit that could see commercial trucks charged $82 for a one-way drive through the business district.

Noël Fletcher | Staff Reporter
August 29, 2022
Business, Logistics

White Glove Delivery Allows Trucking Companies to Increase Services

The COVID-19 pandemic and its lingering effects have forced some innovations in the industry, including in the last-mile delivery segment. In that segment, the service of “white glove” delivery has become a viable growth center for trucking companies.

Brendan Baker | Contributing Writer
August 29, 2022
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