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Logistics News
Business, Logistics, For-Hire

J.B. Hunt Promotes Trio of Executives

J.B. Hunt Transport Services recently announced a series of executive appointments.

November 15, 2024
Government, Business, Logistics, TCA

GXO Plans 400 More Layoffs This Year

GREENWICH, Conn. — GXO Logistics this year has laid off more than 500 employees in the U.S., while it plans to cut nearly 400 more positions across two sites, according to public records.

Paul Schott | The Advocate (Stamford, Conn.)
November 15, 2024
Business, Logistics, For-Hire, Top 100

Kuehne + Nagel Acquires Majority Stake in IMC Logistics

Kuehne + Nagel, a Switzerland-based global transportation and logistics company, acquired a majority stake in marine drayage provider IMC Logistics, it announced Nov. 14.

November 14, 2024
Business, Logistics

Port of Long Beach Smashes All-Time Record in October Surge

The Port of Long Beach moved nearly 1 million containers in October, beating a record set just two months ago.

Laura Curtis | Bloomberg News
November 14, 2024
Business, Logistics, For-Hire, Private

Leading Freight Companies Prepare for Trucking Turnaround

Two of the largest for-hire carriers are making operational and financial preparations for an anticipated upturn in the freight market after months of weak demand, executives said.

Connor D. Wolf | Staff Reporter
November 14, 2024
Business, Logistics

Trucking Sees Early Indications of Rising Driver Demand

The trucking industry saw very early indications that driver demand picked up during the third quarter, while remaining affected by market conditions.

Connor D. Wolf | Staff Reporter
November 14, 2024
Business, Logistics, Global Freight, TCA

Hapag-Lloyd Profitable Despite Global Downturn

HAMBURG, Germany — The German shipping company Hapag-Lloyd says it has made a good profit so far this year, despite the economic downturn and several international crises.

dpa | Hamburg, Germany
November 14, 2024
Business, Logistics

Trucking Sector Weakness Looms Over Q3 Results

The trucking industry continued to bounce along the bottom of the freight cycle with third-quarter earnings being generally weak, according to analysts.

Connor D. Wolf | Staff Reporter
November 14, 2024
Government, Business, Logistics

Dockworkers Call Off Talks Again, With Automation at Issue

The U.S. dockworkers union that halted cargo at every major port on the country’s eastern and southern coasts last month has called off talks with their employers over automation.

Laura Curtis | Bloomberg News
November 13, 2024
Business, Logistics, For-Hire, Top 100

TFI Buys Manitoba-Based TL, LTL Carrier Keystone Western

TFI International bought truckload and less-than-truckload carrier Keystone Western for an undisclosed sum, the company said in a LinkedIn post.

Keiron Greenhalgh | Staff Reporter
November 13, 2024
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