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Logistics News
Business, Logistics, For-Hire

Ryder Buys Mobile Maintenance Firm Pit Stop Fleet Service

Ryder System Inc. is set to buy Pit Stop Fleet Service for an undisclosed sum, it said July 15. The deal is expected to close by Aug. 1.

Keiron Greenhalgh | Staff Reporter
July 16, 2024
Business, Logistics

Cold Storage Firm Lineage Seeks Up to $3.85 Billion in IPO

Temperature-controlled storage and logistics giant Lineage Inc. is seeking to raise as much as $3.85 billion in its initial public offering.

July 16, 2024
Business, Logistics, Private, Global Freight

Amazon Prime Day Sales Rise 13% in First Six Hours of Event

Amazon’s Prime Day sales rose about 13% in the first six hours of the event compared with the same period last year, according to Momentum Commerce.

Spencer Soper | Bloomberg News
July 16, 2024
Government, Business, Safety, Logistics

Wyoming Gets Tough on Drivers Ignoring Road Closure Signs

A new law in Wyoming is aimed at reducing blow-over crashes of light and high-profile vehicles.

Noël Fletcher | Staff Reporter
July 15, 2024
Government, Business, Safety, Logistics, Global Freight

Two Suspected Houthi Attacks Strike Ships in Red Sea

DUBAI, United Arab Emirates — Two suspected attacks by Yemen’s Houthi rebels targeted ships in the Red Sea on July 15, as a new U.S. aircraft carrier approached the region to provide security.

Michael Wakin | Associated Press
July 15, 2024
Business, Technology, Fuel, Logistics

World’s First Hydrogen-Powered Ferry to Run in San Francisco

SAN FRANCISCO — The world’s first hydrogen-powered commercial passenger ferry will start operating on San Francisco Bay as part of plans to phase out diesel-powered vessels.

Terry Chea | Associated Press
July 15, 2024
Business, Equipment, Fuel, Logistics, Global Freight

Maersk Tankers Bet Billions on Ammonia Fuel Carriers

Some of the biggest names in shipping are betting billions on tankers to transport a type of ammonia that’s scarcely being produced today, wagering it will become integral to decarbonization.

July 15, 2024
Business, Technology, Logistics

Let’s Get Optimistic About Logistics

A theme has emerged in the logistics industry. It’s optimism. And this type of optimism is contagious.

Michael Freeze | Features Editor
July 12, 2024
Government, Logistics

House Fiscal 2025 Bill Allocates $200 Million for Truck Parking

WASHINGTON — A fiscal 2025 House committee-approved transportation funding bill would dedicate $200 million for expanding parking availability for the nation’s truck drivers.

Eugene Mulero | Senior Reporter
July 11, 2024
Business, Technology, Logistics, Private, Global Freight

Amazon Says Its Carbon Emissions Fell in 2023

Amazon.com Inc. says its carbon emissions fell for a second straight year in 2023 as the company cut spending on new warehouses and cloud-computing data centers.

Matt Day | Bloomberg News
July 10, 2024
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