Extras
Logistics News
Business, Logistics, For-Hire

Hub Group Buys Forward Air Final-Mile Unit for $262 Million

Hub Group Inc. is set to buy the final-mile unit of Forward Air Corp. for about $262 million in cash, Oak Brook, Ill.-based Hub Group said.

Keiron Greenhalgh | Staff Reporter
December 21, 2023
Business, Fuel, Logistics, Autonomous

Greenlane, Uber Freight Join in Electric Truck Charging Push

Greenlane plans to use Uber Freight data alongside its own findings in building its proposed public electric and hydrogen commercial vehicle charging network, the joint venture said.

Keiron Greenhalgh | Staff Reporter
December 20, 2023
Business, Logistics

FedEx Misses Earnings Expectation for Fiscal Q2

FedEx Corp. reported it missed analyst expectations for income and revenue when the package delivery giant announced second-quarter fiscal 2024 earnings Dec. 19.

Dan Ronan | Senior Reporter
December 20, 2023
Government, Business, Safety, Logistics, TCA

California Pollution Rule Aimed at Logistics Upheld by Judge

A judge has denied a challenge to the South Coast Air Quality Management District's landmark rule intended to clear Southern California skies of exhaust tied to the logistics industry.

Jake Horseman | San Gabriel Valley Tribune, West Covina, Calif.
December 20, 2023
Business, Logistics

C.H. Robinson’s CEO Sees Freight Rebound in Second Half of 2024

C.H. Robinson Worldwide expects the freight recession will linger into next year, but sees a recovery taking hold in the second half of 2024.

Thomas Black | Bloomberg News
December 20, 2023
Government, Business, Safety, Logistics, Global Freight

Red Sea Chaos Has Shippers Bracing for Weeks Without Route

The global shipping industry is bracing for the prospect of living without its most important trade route for weeks.

December 19, 2023
Business, Logistics, Breaking News

Truck Tonnage Falls 1.2% in November

Truck tonnage slipped in November as the industry’s freight recession lingers, but conditions are poised to ease heading into next year, American Trucking Associations said Dec. 19.

Dan Ronan | Senior Reporter
December 19, 2023
Government, Business, Safety, Logistics, Global Freight

Maersk Sails South of Africa to Avoid Red Sea Conflict Area

Shipping giant A.P. Moller-Maersk A/S will redirect its vessels to sail south of Africa to avoid the Red Sea conflict area where Houthi militants have attacked several ships.

Christian Wienberg | Bloomberg News
December 19, 2023
Business, Logistics, Private

Retailers Improve Delivery Speeds

Some of America’s biggest retailers are working to increase their shipping speeds to please shoppers expecting faster and faster deliveries.

December 19, 2023
Business, Logistics, Global Freight

Deutsche Bahn to Sell Logistics Unit Schenker

BERLIN — Germany’s main national railway operator, Deutsche Bahn, on Dec. 19 launched an effort to sell its logistics unit, DB Schenker, as the company concentrates on its core business.

December 19, 2023
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