Ryder System Inc. is set to buy Pit Stop Fleet Service for an undisclosed sum, it said July 15. The deal is expected to close by Aug. 1.
July 16, 2024Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Dry Storage Warehousing Firms
No rankings are available for this year.
Extras
Ryder Buys Mobile Maintenance Firm Pit Stop Fleet Service
Cold Storage Firm Lineage Seeks Up to $3.85 Billion in IPO
Temperature-controlled storage and logistics giant Lineage Inc. is seeking to raise as much as $3.85 billion in its initial public offering.
Amazon Prime Day Sales Rise 13% in First Six Hours of Event
Amazon’s Prime Day sales rose about 13% in the first six hours of the event compared with the same period last year, according to Momentum Commerce.
Wyoming Gets Tough on Drivers Ignoring Road Closure Signs
A new law in Wyoming is aimed at reducing blow-over crashes of light and high-profile vehicles.
Two Suspected Houthi Attacks Strike Ships in Red Sea
DUBAI, United Arab Emirates — Two suspected attacks by Yemen’s Houthi rebels targeted ships in the Red Sea on July 15, as a new U.S. aircraft carrier approached the region to provide security.
World’s First Hydrogen-Powered Ferry to Run in San Francisco
SAN FRANCISCO — The world’s first hydrogen-powered commercial passenger ferry will start operating on San Francisco Bay as part of plans to phase out diesel-powered vessels.
Maersk Tankers Bet Billions on Ammonia Fuel Carriers
Some of the biggest names in shipping are betting billions on tankers to transport a type of ammonia that’s scarcely being produced today, wagering it will become integral to decarbonization.
July 15, 2024Let’s Get Optimistic About Logistics
A theme has emerged in the logistics industry. It’s optimism. And this type of optimism is contagious.
House Fiscal 2025 Bill Allocates $200 Million for Truck Parking
WASHINGTON — A fiscal 2025 House committee-approved transportation funding bill would dedicate $200 million for expanding parking availability for the nation’s truck drivers.
Amazon Says Its Carbon Emissions Fell in 2023
Amazon.com Inc. says its carbon emissions fell for a second straight year in 2023 as the company cut spending on new warehouses and cloud-computing data centers.