USA Truck is being acquired by DB Schenker in a $435 million deal announced June 24.
June 24, 2022Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Refrigerated Firms
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Extras
DB Schenker to Acquire USA Truck for $435 Million
STB Urged to Reject CP-KCS Merger
Three of the five members of the Federal Maritime Commission are urging the Surface Transportation Board to reject Canadian Pacific Railway’s plan to merge with the smaller, but strategically significant Kansas City Southern Railroad.
House Funding Panel Approves Fiscal 2023 Transportation Bill
A House panel on June 23 approved legislation that would fund operations at the U.S. Department of Transportation for fiscal 2023.
Fuel Costs Renew Focus on Empty Miles
Trucking is renewing focus on empty miles amid rising diesel prices that lead to greater expense.
Ports on Both Coasts Report Record Volume in May
The strong pace of imported goods to the nation’s ports continued in May.
Ocean Shipping Reform Act Won’t Benefit Port of Vancouver
Consumers and exporters saw financial turmoil from tumultuous international shipping practices in the past year. But the Port of Vancouver was not impacted like other harbors were.
US Ports Face Renewed Congestion Amid China Reopening
As China lifts its latest coronavirus lockdowns, experts worry the resulting influx of goods flowing from the country could renew bottlenecks at ports in the United States.
FedEx, FourKites Announce Partnership to Improve Supply Chain
FedEx Corp. and supply chain solutions provider FourKites on June 22 announced an alliance to offer customers new, real-time data and information.
US House Transportation Panel Passes FEMA Bill
The House transportation panel recently approved legislation meant to facilitate access to federal disaster assistance.
FAA Approves Zipline’s Drone-Delivery Service as Air Carrier
Zipline International Inc., a drone-delivery company that has made thousands of medical drops in Africa, was approved by U.S. regulators to operate as a small air carrier.
June 21, 2022