Amazon .com Inc. has scooped up a minority stake in a cargo airline that operates a portion of its fast-growing air-cargo division, the latest sign of the retailer’s long-term ambitions to expand its airfreight operations.
March 8, 2021Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Refrigerated Firms
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Extras
Amazon Spends $131 Million for Stake in Cargo Airline ATSG
Export Boom Drives Canada’s Largest Trade Surplus Since 2014
Canada’s trade sector unexpectedly recorded its largest surplus in more than six years on across-the-board increases in exports.
UPS Ships Out First Batch of Johnson & Johnson Vaccine
UPS Inc. began shipping out its first batch of Johnson & Johnson vaccines March 2, now that the single-dose vaccine for the coronavirus has emergency use authorization.
As Amazon Air Expands, Report Sees Potential Challenge to UPS, FedEx and USPS
Amazon Air is poised for a summertime growth spurt that could send its daily schedule to more than 160 flights per day.
COVID-19 Exposes Cold Chain Problems, Solutions
The coronavirus pandemic has presented new challenges and opportunities for innovation in cold chain shipments.
Shipping Begins for Third Vaccine; J&J Looks for Partners
As shipping of the third coronavirus vaccine begins, Johnson & Johnson is looking for manufacturing partnerships to increase supply of its COVID-19 vaccine that was cleared Feb. 27 by U.S. regulators, Chief Executive Officer Alex Gorsky said.
Biden Orders USDOT to Review Supply Chain
President Joe Biden has directed the Department of Transportation to conduct a review of the nation’s supply chain in the wake of challenges that arose during the earlier days of the coronavirus pandemic.
UPS Expects 40% Jump in Vaccine Doses Next Week, Peak in May
UPS Inc. and FedEx Corp. are ramping up vaccine distribution, with plans for additional gains if Johnson & Johnson’s inoculation is cleared by U.S. regulators.
Kuehne + Nagel Buys Apex Logistics in $1.5 Billion Deal
Kuehne + Nagel International AG has agreed to acquire Apex International Corp. in a deal that values the freight forwarder at about $1.5 billion, according to people familiar with the matter.
How Consolidation Is Reshaping Trucking’s Technology Sector
Consolidation has dramatically reshaped trucking’s technology market over the past decade, with dozens of software and telematics companies joining forces to create larger organizations with expanded capabilities and broader reach.