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Logistics News
Business, Logistics

Echo Suffers Losses for Third Straight Quarter

Echo Global Logistics set a new record on July 27 after failing to make a profit for the third consecutive quarter, which hasn’t happened once since the company went public in mid-2009.

Ari Ashe | Staff Reporter
July 27, 2017
Business, Technology, Logistics

Amazon Enlists Researchers to Build Box-Packing Warehouse Robots

Sixteen teams of robotics researchers are traveling to Japan this week to help Amazon.com Inc. solve its warehouse problem.

Joshua Brustein | Bloomberg News
July 27, 2017
Business, Logistics

UPS Reaps the Reward of Price Increases

UPS Inc. is finally figuring out how to make money from the surge in online shopping.

Michael Sasso | Bloomberg News
July 27, 2017
Business, Logistics

XPO Hires Christopher Synek as President of North American Transportation Division

XPO Logistics has hired Christopher Synek as president of transportation in North America, running the brokerage, expedited trucking, intermodal marketing, drayage and global forwarding businesses.

July 26, 2017
Government, Business, Logistics, TCA

Cargo Activity at Illinois Airport Jumps 39% as UPS, Amazon Flights Increase

More jobs and cash have landed at Chicago Rockford International Airport, where cargo volume is up nearly 40% for the first six months of the year compared with the first half of 2016.

Isaac Guerrero | Rockford (Ill.) Register Star
July 26, 2017
Government, Logistics

This Obscure NAFTA Chapter Could be Canada’s Deal-Breaker Again

The U.S. confirmed last week that among its top objectives in upcoming negotiations on the North American Free Trade Agreement — which superseded the FTA in 1994 — is the elimination of the Chapter 19 dispute-resolution mechanism that previous Canadian Prime Minister Brian Mulroney went to such lengths to preserve.

Chris Fournier | Bloomberg News
July 25, 2017
Business, Technology, Logistics, Autonomous

Bill Gates Backs Uber Freight Rival Convoy

As Bill Gates and Jeff Bezos jockey for the designation of world’s wealthiest man, the Seattle billionaires are united behind at least one local venture. They’re both investors in Convoy Inc., a trucking logistics startup that competes with Uber Technologies Inc.

Dina Bass | Bloomberg News
July 25, 2017
Business, Logistics

Keg Logistics Sold From One Private Equity Firm to Another

Bregal Sagemount has sold its stake in Keg Logistics to Seaport Capital in a deal between middle-market private equity firms.

July 21, 2017
Business, Logistics

Coyote Logistics to Open Atlanta Office, Add 325 Jobs

Coyote Logistics will open a 48,000-square-foot office in northeast Atlanta and create 325 jobs, spending more than $6 million.

July 21, 2017
Business, Logistics

J.B. Hunt Purchases Special Logistics for $136 Million; Deal to Boost Final-Mile Deliveries

J.B. Hunt Transport Services Inc. announced it will acquire Houston-based Special Logistics Dedicated for $136 million.

Ari Ashe | Staff Reporter
July 21, 2017
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