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Logistics News
Government, Business, Technology, Logistics

China Trucking Startup Full Truck Alliance Raises $1.6 Billion in US IPO

Full Truck Alliance Co., an Uber-like trucking startup, has raised $1.6 billion after pricing its U.S. initial public offering at the top of a marketed range, in one of the biggest listings stateside by a Chinese company this year.

June 22, 2021
Government, Business, Technology, Logistics

Amazon Might Have to Sell Logistics Business Under Bill

Amazon .com Inc. could be forced to sell its valuable logistics services division — the network of warehouses and delivery hubs around the country that power quick delivery of online orders — under antitrust legislation proposed by a congresswoman from Amazon’s hometown of Seattle, according to a spokesman for the lawmaker.

June 22, 2021
Business, Equipment, Logistics

Lineage Logistics to Acquire Cold Storage Operation in Denmark

Lineage Logistics, a global temperature-controlled industrial real estate investment trust (REIT) and logistics provider, announced its intention to acquire the cold storage division of Danish company Claus Sorensen Group.

June 21, 2021
Business, Logistics, Top 100

About Us: 2021 Transport Topics Top 100 For-Hire Carriers

This annual publication ranks companies based on annual revenue and includes a listing of operating units and description of services, names of top executives and type of ownership, plus data on the number of employees and equipment.

June 18, 2021
Business, Logistics, Top 100

Unveiling the 2021 Top 100 For-Hire Carriers

The trucking firms that appear on the 2021 Transport Topics Top 100 For-Hire Carriers list are split nearly evenly between companies that reported a revenue decline in 2020 and those that still managed to grow during the year of COVID-19.

Seth Clevenger | Managing Editor, Features and Multimedia
June 18, 2021
Business, Logistics, Top 100

Trucking Turns From Pandemic to Prosperity

After navigating the disruption and uncertainty wrought by the coronavirus pandemic last year, the trucking industry has entered a historically strong business environment that many analysts expect to endure for the rest of 2021 and beyond.

Seth Clevenger | Managing Editor, Features and Multimedia
June 18, 2021
Business, Technology, Logistics, Autonomous, Top 100, TCA

FedEx to Test Nuro Autonomous Delivery Vehicles

STATEN ISLAND, N.Y. — FedEx Corp. announced June 15 that it has partnered with Nuro, one of the nation’s leading autonomous vehicle companies, to test the use of driverless vehicles for multistop and appointment-based deliveries in Houston.

Erik Bascome | Staten Island Advance, N.Y.
June 18, 2021
Business, Logistics, Top 50, Top 100

XPO Announces GXO’s $800 Million Notes Offering

XPO Logistics' upcoming spinoff, GXO Logistics, has priced an offering of $800 million on investments notes with registration rights, the company announced June 17.

Connor D. Wolf | Staff Reporter
June 18, 2021
Business, Technology, Safety, Logistics, Top 100

Transportation Companies Prepare for Hurricane Season

Summer means the start of hurricane season in the Atlantic Ocean and many of the world’s biggest transportation companies are taking steps to prepare for what some forecasters say could once again be above-average activity along the Atlantic Coast and the Gulf of Mexico.

Dan Ronan | Senior Reporter
June 17, 2021
Business, Technology, Logistics, Autonomous

Electric Plane Pioneer Pivots to Cargo Drones

The man behind the only electric plane cleared to fly quickly discovered the challenges of converting world-leading technology into profits in a hotly contested, futuristic segment of aviation.

Jan Bratanic | Bloomberg News
June 17, 2021
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