Covenant Transportation Group Inc. is realigning its senior management team at its Chattanooga, Tenn., headquarters three years after making its biggest purchase in the company’s 35-year history.
April 12, 2021Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
Covenant Realigns Top Management
Uber Sees Record Demand as Vaccinations Rise
Uber is offering sign-up bonuses and other incentives for drivers as it faces record demand for rides and meal delivery.
MercuryGate Acquires Cheetah Software
MercuryGate International Inc. announced it acquired Cheetah Software Systems.
April 9, 2021Hapag-Lloyd CEO Says Ocean-Shipping Demand Staying ‘Very Strong’
Robust demand for shipping goods across the world’s oceans shows no signs of slowing down, the chief executive of Germany’s largest container carrier said, signaling that elevated rates in the tight market for seaborne cargo may extend into the second half of the year.
Shipping Pallets Stage Pandemic-Era Rally
After carrying the weight of the global economy since World War II with little fanfare, the lowly shipping pallet is finally commanding some respect.
Suez Canal Blockage Ripples Through Trucking Industry
The containership that was blocking the Suez Canal has long since been dislodged, but the ripple effect of the delays it created could be felt across the supply chain for a while, experts said.
C.H. Robinson Unveils Sustainability Tool, EPA Collaboration
C.H. Robinson has unveiled a tool and data model designed to help the transportation sector monitor and manage carbon emissions that was developed by the company’s technology incubator in collaboration with the U.S. Environmental Protection Agency and the Massachusetts Institute of Technology.
Pilot Freight Services Acquires DSI Logistics
Pilot Freight Services announced it acquired DSI Logistics, a nonasset-based provider of last-mile home delivery and installation for heavy and hard-to-handle goods.
Syncreon Holdings Reported to Be Weighing $1.5 Billion Sale
The owners of supply-chain services company Syncreon Holdings are exploring a sale of the company that could value it at as much as $1.5 billion, including debt, according to people with knowledge of the matter.
April 8, 2021UPS Orders Electric Aircraft to Transport Cargo Between Facilities
UPS Inc. is ordering 10 electric aircraft that are designed to take off and land like a helicopter, allowing it to fly cargo directly between its facilities in small markets and bypass airports.