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Logistics News
Business, Logistics

Flexport Raises $110 Million to Fund Expansion

Flexport has raised $110 million in funding to “double down” on its web-based business model for freight forwarding.

October 10, 2017
Business, Equipment, Logistics

Ports of Seattle, Tacoma Face Chassis Shortage

Truck drivers are facing a shortage of chassis to haul 40- and 45-foot containers from the ports of Seattle and Tacoma, according to The Northwest Seaport Alliance.

Ari Ashe | Staff Reporter
October 9, 2017
Business, Logistics

Belgian Mail Carrier Bpost to Buy Amazon Rival Radial for $820 Million

Bpost SA, the European mail carrier controlled by the Belgian state, agreed to buy former eBay Inc. enterprise unit Radial to bolster its U.S. delivery services.

Robert Fenner | Bloomberg News
October 9, 2017
Business, Logistics

TMC Workforce Expands Supply Chain Business With Purchase of Summitline Industries

TMC Workforce Solutions, a national staffing and recruiting firm based in Houston, announced it has acquired Summitline Industries in Fort Wayne, Ind., as part of an effort to expand its supply chain support business.

October 9, 2017
Government, Fuel, Logistics, TCA

California Republicans Spot Political Opportunity in Fight for Repeal of New Gas, Diesel Tax

Just weeks before it takes effect, California’s new gas tax increase is again under attack, with Republicans mounting a growing campaign against the higher levies.

October 9, 2017
Government, Logistics

Joint US-Mexican Truck Inspections to Speed Up Trade at Otay Mesa Border Crossing

A maddeningly slow inspection process that can make crossing the border an ordeal lasting as long as six hours for trucks carrying cargo from Tijuana to San Diego soon could be dramatically speeded up.

Sandra Dibble | The San Diego Union-Tribune
October 9, 2017
Business, Logistics

Truckload Carrier Pitch to Raise Rates in 2018 Underway; ELDs, Driver Pay, Turnover All Concerns

The combination of the electronic logging device mandate, a shortage of drivers and an improving freight market has carriers and shippers wondering about transportation prices heading into 2018.

Ari Ashe | Staff Reporter
October 9, 2017
Business, Logistics, Top 50

Universal Expects Growth in Operating Income, EPS for First Time Since 2015

Universal Logistics Holdings Inc. expects revenue to grow about 10% in the third quarter when earnings are released after the market closes Oct. 26.

Ari Ashe | Staff Reporter
October 6, 2017
Business, Logistics, TCA

World Direct Shipping to Double Port Manatee Service

Six months after extending its agreement with Port Manatee, Fla., through 2019, ocean carrier World Direct Shipping is adding a second weekly sailing between Veracruz, Mexico, and the Palmetto port.

Mike Garbett | The Bradenton (Fla.) Herald
October 6, 2017
Business, Logistics

AAPA’s New Chairman From Port Everglades Begins One-Year Term

Steve Cernak has officially begun his duties as the new chairman of the American Association of Port Authorities, replacing Mark McAndrews.

Ari Ashe | Staff Reporter
October 6, 2017
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