Extras
Logistics News
Business, Logistics, Top 100

GXO Considering Sale Amid Interest From Potential Buyers

The Greenwich, Conn.-based company is working with financial advisers, said sources who asked not to be identified because the details aren’t public.

October 11, 2024
Business, Equipment, Logistics

MCE 2024 to Showcase Trucking’s Importance

American Trucking Associations will stress the importance of professional drivers as part of its 2024 Management Conference & Exhibition in Nashville, Tenn.

Connor D. Wolf | Staff Reporter
October 11, 2024
Business, Logistics

Femsa Offloads Logistics Operations to Grupo Traxion

Mexican behemoth Fomento Economico Mexicano has agreed to sell logistics operations to Mexican trucking firm Grupo Traxion for $205 million as the conglomerate continues to shed assets.

Michael O'Boyle | Bloomberg News
October 11, 2024
Government, Business, Logistics

DOD Marches on With $17.9 Billion Moving Contract

Despite continuing concerns voiced by some large movers, military officials are advancing efforts toward interstate implementation of the $17.9 billion Global Household Goods contract.

Eric Miller | Senior Reporter
October 10, 2024
Business, Technology, Logistics

NMFTA Launches Benchmarking Program for LTL Industry

On Oct. 1, the National Motor Freight Traffic Association held its first meeting for a new benchmarking group aimed at boosting efficiency through shared insights.

Connor D. Wolf | Staff Reporter
October 10, 2024
Business, Logistics

Experts Predict Busy but Similar Peak Shipping Season

As holiday shoppers gear up for an earlier start to the season, transportation experts predict a bustling peak period that mirrors last year’s activity.

Connor D. Wolf | Staff Reporter
October 10, 2024
Government, Business, Logistics

WTO Predicts 3% Rise in Merchandise Trade in 2025

Global goods trade in 2025 will grow less then initially forecast, the World Trade Organization said, as rising instability weighs on economic activity and threatens to disrupt shipping.

Brendan Murray | Bloomberg News
October 10, 2024
Business, Logistics

River Horse Logistics Purchases 3PL Lynx Logistics

River Horse Logistics will buy third-party logistics provider Lynx Logistics for an undisclosed sum, the companies said.

Keiron Greenhalgh | Staff Reporter
October 9, 2024
Business, Technology, Logistics, Private, Global Freight

Amazon Unveils AI Tool to Help Drivers Find Packages Faster

Amazon.com Inc. unveiled a new artificial intelligence tool designed to help drivers locate packages in cluttered vans.

Spencer Soper | Bloomberg News
October 9, 2024
Business, Logistics, For-Hire

Hub Group: Easo Deal Forms Largest US-Mexico Intermodal Firm

Hub Group will team up with Mexico City-based Easo in a cross-border and intermodal joint venture, the companies said Oct. 8.

Keiron Greenhalgh | Staff Reporter
October 9, 2024
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