TFI International is to buy less-than-truckload carrier Hercules Forwarding Inc. for an undisclosed sum, it said.
March 12, 2024Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
TFI Buys Hercules Forwarding to Boost US LTL Operations
Uber Freight Eyes Tenfold Boost in European Market by 2028
Uber Freight is stepping up efforts to expand in Europe’s fragmented logistics market and aims to increase tenfold to 2 billion euros its freight under management by 2028.
China Cancels Another Shipment of US Wheat
China canceled another batch of U.S. wheat export shipments, adding to an already record number of cancellations that have weighed on Chicago futures.
Container Shipping Through Red Sea Falls Again
HAMBURG, Germany — Container shipping through the Red Sea and Suez Canal has declined again in response to the conflict in the Middle East, after recovering to some extent.
Getting Paid Now More Complex for NYC Food Delivery Workers
NEW YORK — New Yorkers place over 100 million food delivery orders each year via a very simple process: Press a few buttons on an app, and it’s in their hands in about 30 minutes.
Walmart Plans $350 Million Dairy Facility Expansion in Texas
Texas Gov. Greg Abbott announced Walmart’s $350 million dairy facility expansion to produce milk near Waco for distribution to 750 Walmart stores and Sam’s Clubs.
Norfolk Southern Alone Should Pay for Cleanup, Judge Says
Norfolk Southern alone will be responsible for paying for the cleanup after last year’s fiery train derailment in eastern Ohio, a federal judge ruled.
Truckers Hail New FMC Rule on Overseas Container Fees
The Federal Maritime Commission has issued a final ruling to simplify international container billing practices in a move hailed by truckers.
Anchor From Houthi-Sunk Ship May Have Severed Red Sea Cables
The anchor of a cargo ship that was attacked by Houthi militants was the most likely cause of damage to three telecommunications cables in the Red Sea in late February.
New Target Membership Plan Will Offer Free Same-Day Delivery
Target Corp. is launching a new paid membership program, moving to catch up with rivals whose own subscription plans are well established.