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Logistics News
Government, Business, Logistics, Top 100

New England Motor Freight Increases Severance Packages for Employees

About 2,500 workers will get additional severance pay from New England Motor Freight, a New Jersey-based carrier that declared bankruptcy in February, according to an attorney representing terminated employees.

Jim Stinson | Staff Reporter
March 14, 2019
Business, Logistics, Perspective

Opinion: Multiple Strategies Can Mitigate Driver Shortage

While the demand for trucks to haul freight is showing no signs of slowing down, the number of experienced and available truck drivers is not keeping pace.

Sven Wengler | Director of Logistics & Transportation Practice, Simon-Kucher & Partners
March 12, 2019
Business, Logistics

Daseke Extends Run of 70% Revenue Growth to Five Straight Quarters

Daseke Inc. reported March 9 that fourth-quarter revenue increased to $447 million from $257.2 million in the same period last year. The flatbed and specialized carrier said it represents the fifth consecutive quarter that year-over-year revenue growth has exceeded 70%.

Dan Ronan | Senior Reporter
March 12, 2019
Business, Logistics

XPO Logistics Terminates COO Ken Wagers

XPO Logistics Inc. has terminated Chief Operating Officer Ken Wagers, a high-profile executive hired away from Amazon.com less than a year ago, according to an XPO filing with the Securities and Exchange Commission on March 11.

Daniel P. Bearth | Staff Writer
March 11, 2019
Business, Logistics

Lack of Drivers, Demand Driving Prices Up

Household goods are getting pricier because the costs of moving those goods — from trucking to even maritime shipping — have been rising.

Thomas Gnau | Springfield News-Sun (Ohio)
March 11, 2019
Business, Technology, Logistics

Tesla to Raise Prices, Close Fewer Stores Than Announced

Tesla Inc. plans to raise average vehicle prices by about 3% globally after it decided to shut down fewer stores than it previously announced.

Young-Sam Cho | Bloomberg News
March 11, 2019
Government, Business, Logistics

States Step In to Fund Roads After Trump’s Plans Stall

Governors in at least 11 states, including Michigan, Ohio and Connecticut, are pushing for new taxes, bond sales and tolls to raise money for long-needed work on roads, bridges and transit systems after President Donald Trump failed to enact a major infrastructure plan.

Amanda Albright | Bloomberg News
March 11, 2019
Business, Technology, Logistics

Fighting Fakes Was a Big Reason Behind Amazon’s Big Vendor Purge

Amazon.com on March 9 hinted that fighting counterfeits was a reason for its sudden and unexplained purge of thousands of vendors that sowed panic among longtime suppliers.

Spencer Soper | Bloomberg News
March 11, 2019
Business, Logistics, Top 50

Ceva to Manage Ikea Distribution Center in New York

Ceva Logistics has opened a customer distribution center with home-furnishings retailer Ikea in Staten Island, N.Y., according to a news release.

March 11, 2019
Government, Business, Logistics, Top 100

Tennessee Panel OKs $10 Million for FedEx Project in Memphis

NASHVILLE, Tenn. — A Tennessee panel has approved a $10 million economic development grant to establish the FedEx Logistics headquarters in downtown Memphis.

March 11, 2019
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