Uber Technologies Inc. is exploring whether to spin off its Uber Freight logistics arm in a sale or as a separate publicly traded company to streamline its focus on ride hailing and food delivery, according to people familiar with the matter.
March 9, 2023Logistics 50 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Refrigerated Firms
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Extras
On the Bubble
Uber Considering Spinning Off Freight Logistics Division
Trucking Titans Share M&A Tips
ORLANDO, Fla. — The market for buying and selling trucking companies was a hot topic at a recent industry trade show, so it’s little wonder that a discussion with three leaders who share recent experience on the issue drew a crowd.
NTSB to Investigate Safety at Norfolk Southern
In the wake of three high-profile freight train accidents within the last month, including one that caused environmental damage in East Palestine, Ohio, the National Transportation Safety Board announced March 7 it is opening a special investigation into the safety practices of Norfolk Southern Corp.
Global Supply Chains Back to Normal, N.Y. Fed Says
Global supply chains have returned to normal, the Federal Reserve Bank of New York said, almost three years after COVID-19 was declared a pandemic.
French Shipping Giant CMA CGM Warns Demand Is Falling
French shipping giant CMA CGM SA warned of a steep drop in demand so far this year, extending a slump that led to a more than halving of quarterly profit.
Perspective: The Right Recruiting Impression
Amid the ongoing driver shortage, transportation companies must consider all the ways prospective and current drivers interact with their business, Atlas Logistics' Phil Wahl says.
Truck Makers Recruit Their Own Employees to Combat Driver Shortage
Stellantis NV and Renault SA are turning to their own ranks to tackle a shortage of truck drivers that’s leaving thousands of vehicles stranded away from dealerships and customers.
Upgrades Speed Up Truck Traffic at Border Crossing in Texas
Trucks are traveling quicker on four special fast lanes at a U.S.-Mexico border crossing after the Texas city of Laredo helped complete a construction project to reduce traffic congestion at the World Trade Bridge.
March 2, 2023Supply Chain Envoy Says Automating Ports Doesn’t Have to Cost Jobs
The White House’s supply chain envoy said the ports and logistics industry must move toward automation, a sticking point in protracted contract talks between U.S. West Coast dockworkers and their employers.
ATA Execs Highlight Outreach, Advocacy Benefits at MSC Conference
ORLANDO, Fla. — Long-standing advocacy and outreach programs continue to be essential tools for stakeholders to advance their message with policymakers, American Trucking Associations executives told members of the Moving & Storage Conference on Feb. 27.