Extras
Logistics News
Business, Logistics, Top 100

Amazon Stock Rally Erases Losses for the Year

Amazon .com Inc. shares rallied March 28, with the e-commerce giant becoming the first of megacap tech stocks to erase losses for the year.

Ryan Vlastelica | Bloomberg News
March 28, 2022
Business, Technology, Logistics

IMC Welcomes Fields as Human Resources VP

IMC Cos. hired Sabrina Fields to fill the role of vice president of people strategies and human resources. Fields previously served in human resource leadership roles at International Flavors & Fragrances, Rich Products Corp. and J.R. Simplot.

March 25, 2022
Business, Logistics

Chicago Commuter Rail System Opposes Proposed CP-KCS Merger

One of the largest commuter railroads in the country is objecting to the proposed $31 billion merger between Class I freight rail carriers Canadian Pacific Railway and Kansas City Southern.

Dan Ronan | Senior Reporter
March 25, 2022
Business, Equipment, Logistics, Top 100

XPO Sells Intermodal Unit to STG Logistics for $710 Million

XPO Logistics Inc. announced March 25 it has sold its North American intermodal business to STG Logistics, a Chicago-based provider of import-export and value-added warehouse logistics services, for a cash price of $710 million.

Dan Ronan | Senior Reporter
March 25, 2022
Government, Business, Logistics

Warren Says Ocean Freight Alliances Add to Inflation

Sen. Elizabeth Warren (D-Mass.) blamed rising U.S. inflation in part on the largest ocean shipping companies, calling “the anti-competitive nature” of the industry the root cause of soaring prices to transport goods around the global economy.

March 25, 2022
Government, Fuel, Logistics, TCA

USPS Doubles EV Order From Oshkosh

The U.S. Postal Service announced March 24 it ordered more than 10,000 new electric delivery trucks, up from the 5,000 the agency had initially planned to purchase.

Riley Beggin | The Detroit News
March 24, 2022
Business, Technology, Logistics

Truckstop Introduces Load Booking Mobile App

Freight management company Truckstop.com announced March 24 that it will launch a mobile app to connect carriers with loads.

March 24, 2022
Government, Business, Logistics

White House to Seek Infrastructure, Freight Boost in FY23 Budget

WASHINGTON — The Biden White House intends to seek a boost in funding for infrastructure programs and freight-related grants in its upcoming budget request to Congress.

Eugene Mulero | Senior Reporter
March 24, 2022
Business, Logistics

Pacific, Atlantic Coast Ports Post Strong Volumes in February

Another month, another all-time monthly record at the Port of Los Angeles, the nation’s busiest port facility.

Dan Ronan | Senior Reporter
March 24, 2022
Government, Business, Technology, Equipment, Logistics

Lockdowns Hinder Operations at Key Chinese Ports

Congestion in the key Chinese ports of Shenzhen and Hong Kong due to COVID-19 lockdowns has risen to the highest level in five months, posing possible delays to goods heading to the U.S. this summer.

Ann Koh and Kevin Varley | Bloomberg News
March 24, 2022
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