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Logistics News
Business, Technology, Logistics

Indonesian Logistics Startup Waresix Lands $1.6 Million Funding

Waresix, an Indonesian warehouse startup, is tapping into its country’s fast-growing logistics market. The company announced in October that it had obtained $1.6 million in pre-Series A funding, led by East Ventures and Monk’s Hill Ventures.

October 29, 2018
Business, Technology, Logistics

Haven Launches Platform to Aid Carriers, Shippers With Bookings

Software company Haven announced the launch of Origin, a carrier-neutral product that offers a streamlined booking process for carriers and forwarders.

October 29, 2018
Business, Technology, Logistics

BlueGrace to Bolster Presence in Chicago

BlueGrace Logistics has announced that it will add jobs and approximately double its footprint in the Chicago Board of Trade.

October 26, 2018
Business, Technology, Logistics, Top 50

African Logistics Company Lori Announces Expansion

Lori Systems, a logistics startup based in Kenya, Africa, recently announced expansion into Uganda, Rwanda and South Sudan.

October 26, 2018
Business, Logistics, Top 50, Top 100

Universal Logistics Reports Best-Ever 3Q Results

Universal Logistics Holdings reported its best third quarter ever, following a trend of record-setting financial reports by freight carriers this year.

Daniel P. Bearth | Staff Writer
October 25, 2018
Business, Logistics, Top 100

USA Truck Continues Turnaround With Improved Results in 3Q

USA Truck reported higher revenues and profits in the third quarter of 2018, continuing a financial turnaround started in 2017.

Daniel P. Bearth | Staff Writer
October 25, 2018
Business, Logistics

LTL Carrier Old Dominion 3Q Financials Beat Analysts’ Expectations

Citing the strong U.S. economy and available capacity, Old Dominion Freight Line Inc. produced record results for revenue and profitability during the third quarter, CEO Greg Gantt said Oct. 25.

Dan Ronan | Senior Reporter
October 25, 2018
Business, Logistics

Truck Tonnage Dips, but Freight Outlook Remains Strong

A year-long surge in freight volume continues despite a modest dip in a widely followed truck tonnage index over the past two months.

Daniel P. Bearth | Staff Writer
October 25, 2018
Government, Business, Technology, Fuel, Logistics, Top 50, Top 100

UPS, Seattle to Launch eBike Downtown Delivery Program

UPS Inc. and Seattle Mayor Jenny Durkan announced Oct. 25 the parcel delivery company will begin a pilot project aimed at reducing congestion downtown and addressing air quality concerns. Delivery drivers will use electric pedal-assist cargo bicycles with a customized modular trailer attached to the back of the bike.

Dan Ronan | Senior Reporter
October 25, 2018
Business, Logistics, Top 100

Knight-Swift Says 3Q Results Reflect ‘Progress’ in All Segments

Knight-Swift Transportation Holdings beat analysts’ profit projections in the third quarter as cost-cutting measures implemented after the acquisition of Swift Transportation in September 2017 compensated for slower-than-expected growth in revenue.

Daniel P. Bearth | Staff Writer
October 24, 2018
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