Amazon .com Inc. could raise as much as $148 million (107 million pounds) by selling some of its stake in Deliveroo Holdings in the food-delivery startup’s London initial public offering.
March 23, 2021Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Ocean Freight Forwarders
No rankings are available for this year.
Extras
Amazon to Sell Deliveroo Stake of Up to $148 Million in IPO
February Tonnage Takes Winter Weather Hit
Severe winter weather took a toll on truck tonnage in February, according to American Trucking Associations.
Big Ships Snag Unusual Loads as Dry Bulk Market Tightens
Shipments of timber and grain are being loaded onto a class of ship normally reserved for other cargo as strong demand to move commodities causes dislocations to the supply of vessels.
A Year of Pandemic: Logistics Companies Adapted as Needed
Logistics companies that diversified, were nimble and leveraged data-driven technologies had the best chance to continue operating throughout the coronavirus pandemic.
A Year of Pandemic: Ports Battled COVID in 2020, and now Freight Crunch in 2021
American Association of Port Authorities CEO Chris Connor told Transport Topics the biggest takeaway from the coronavirus pandemic is the essential nature of ports.
Automotive Chipmaker Renesas Says Fire Halts Production
Renesas Electronics Corp., one of the biggest makers of automotive chips, said a fire halted production at one of its Japanese plants. The incident may exacerbate a shortage of semiconductors that has already curbed vehicle output across the industry.
Spot Market Surges Amid Capacity Constraints, Bad Weather
Trucking spot loads and rates have started to settle back to normal after surging for weeks as a result of ongoing capacity issues coupled with frigid weather.
Elizabeth Warren, AOC Lay Down Green Transit Plan for Biden
Progressives in the House and Senate plan to set down a marker March 18 for President Joe Biden’s infrastructure plans, introducing a $500 billion proposal to shift U.S. transportation away from fossil fuels.
XPO Sets GXO Logistics as Name of New Spinoff Company
XPO Logistics has selected GXO Logistics as the name of the stand-alone logistics company that it will spin off from its larger operation later this year.
Experts Foresee Strong Demand for Packaged Goods After COVID Subsides
Demand for consumer packaged goods jumped amid the coronavirus, but indications are it will remain elevated even after the pandemic eases.