Extras
Logistics News
Business, Logistics, For-Hire

FedEx’s Strong Profit Forecast Drives Stock Surge

FedEx Corp. forecast profit above Wall Street’s expectations and said it would buy back $2.5 billion of its stock over the next year.

Cailley LaPara | Bloomberg News
June 26, 2024
Government, Safety, Logistics

Conn. Project to Revamp Congested Interchange Gains Traction

The second phase of a $500 million reconfiguration of interstates 91 and 691 in Connecticut commenced on a congested freight route two hours from Boston and New York.

Noël Fletcher | Staff Reporter
June 25, 2024
Business, Logistics, TCA

Texas Logistics Company Ceases Operations

Humble, Texas-based U.S. Logistics Solutions told 2,000 employees that the company was ceasing operations and they would not receive paychecks.

Allyson Ackerman | Houston Chronicle
June 25, 2024
Business, Technology, Logistics, Autonomous

Aurora Innovation, Uber Freight Launch Driverless Program

Uber Freight and Aurora Innovation are launching a program aimed at providing carriers with early access to over a billion miles of driverless deliveries, the companies announced June 25.

Connor D. Wolf | Staff Reporter
June 25, 2024
Government, Business, Logistics

Maine’s New Madawaska Bridge to Canada Opens

A new bridge and land port of entry between Maine and Canada has opened, the culmination of a $97.5 million project to build a larger structure to replace a 104-year-old span.

Noël Fletcher | Staff Reporter
June 24, 2024
Government, Business, Fuel, Logistics

Supreme Court to Consider Approval for Utah Rail Project

WASHINGTON — The Supreme Court agreed to consider reviving a critical approval for a railroad project that would carry crude oil and boost fossil fuel production in rural eastern Utah.

June 24, 2024
Government, Business, Safety, Logistics

Dali Cargo Ship Leaves Baltimore for Virginia

The cargo ship Dali headed out of Baltimore for Virginia, three months after it lost power and crashed into one of the Key Bridge’s supporting columns and caused the bridge to collapse.

Brian Witte | Associated Press
June 24, 2024
Government, Business, Safety, Logistics

Railroads Must Report Hazmat Immediately After Derailment

OMAHA, Neb. — A new federal rule aims to ensure first responders can find out what hazardous chemicals are on a train almost immediately after a derailment so they can respond appropriately.

Josh Funk | Associated Press
June 24, 2024
Business, Logistics, For-Hire, Global Freight

UPS to Sell Coyote Logistics to RXO

UPS Inc. has entered into a definitive agreement to sell its asset-light freight brokerage business, Coyote Logistics, to RXO Inc., the company announced June 23.

Connor D. Wolf | Staff Reporter
June 24, 2024
Government, Business, Logistics

Congress Debates FY25 NDAA

A comprehensive defense policy measure recently approved in the House of Representatives proposes security enhancements for trucks at military bases and a review of a new moving contract.

Eugene Mulero | Senior Reporter
June 20, 2024
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