NFI Industries will deploy 50 Class 8 battery-electric trucks (BETs) in Southern California, the for-hire truckload carrier said.
April 18, 2023Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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NFI Ramps Up Battery-Electric Truck Deployment in California
Truck Tonnage Falls 5% in March
Truck tonnage experienced its steepest declines since 2020 amid slowdowns across multiple sectors, American Trucking Associations announced.
J.B. Hunt Posts Lower Earnings, Revenue in Q1
J.B. Hunt Transport Services President Shelley Simpson noted the trucking industry has entered a freight recession while discussing first-quarter results April 17.
April 18, 2023CMA CGM Offers to Buy Bolloré Logistics for $5.5 Billion
Maritime transport giant CMA CGM SA has entered exclusive talks to buy Bolloré SE’s logistics arm for an enterprise value of 5 billion euros ($5.5 billion).
UPS, Teamsters Poised for Massive Contract Talks
High-stakes negotiations could start April 17 between the Teamsters and package delivery giant UPS that could have far-reaching reverberations.
Boeing’s Parts Issue Stifles 737 Max Deliveries
Boeing Co. is pausing deliveries of some 737 Max jets to address a production issue on the rear end of some aircraft.
Port of L.A.’s Seroka: No Contingency Plans for Strike
Port of Los Angeles Executive Director Gene Seroka said April 12 that there are no contingency plans if labor negotiations turn into a work stoppage or strike.
Brookfield Infrastructure to Buy Triton in $4.7 Billion Deal
Brookfield Infrastructure Partners agreed to buy Triton International, the world’s largest owner of intermodal shipping containers, for $4.7 billion.
House Lawmakers’ Bill Targets Shipping Operations
Enhancements to the connectivity and security of the nation’s supply chain are proposed in legislation recently introduced in the U.S. House of Representatives.
Get Ready to Pay More for a Stamp in July
The U.S. Postal Service is set to raise the cost of a first-class stamp from 63 cents to 66 cents, effective July 9.