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Extras
Logistics News
Business, Safety, Logistics

Amazon Tells Warehouse Workers to Mask Up Again

Amazon .com Inc. is ordering frontline U.S. employees to resume wearing masks at work regardless of vaccination status, joining the ranks of companies ramping up precautions in response to the spread of the COVID-19 delta variant.

Matt Day | Bloomberg News
August 6, 2021
Business, Logistics, TCA

Prologis Buys Lot Near Philadelphia Airport for $45 Million

PHILADELPHIA — A popular parking lot near Philadelphia International Airport has been snapped up for $45 million by Prologis, a real estate giant that specializes in leasing space to retail, e-commerce and logistics businesses, according to the firm that brokered the deal.

Catherine Dunn | The Philadelphia Inquirer
August 6, 2021
Business, Technology, Logistics

Uber’s Do-It-All Approach Stalls Pursuit of Profit

Another quarter passed, and Uber Technologies Inc. is a little further from its goal of posting an adjusted profit by the end of the year.

Lizette Chapman | Bloomberg News
August 5, 2021
Business, Logistics, Top 100

Yellow Narrows Year-Over-Year Loss to $9.4 Million in Q2

Yellow Corp. reported an increase in net revenue and a narrower net loss for the second quarter.

Dan Ronan | Senior Reporter
August 5, 2021
Business, Logistics

Maersk Ratchets Up Profit Guidance After Freight Rates Soar

A.P. Moller-Maersk A/S, the world’s largest container line, raised its guidance for profit this year after freight rates soared as lockdowns led to a surge in spending on shipped goods.

Christian Wienberg | Bloomberg News
August 3, 2021
Business, Logistics, Top 100

ArcBest Posts Record Revenue, Profits

ArcBest Corp. capitalized on tight capacity in the freight market to post large second-quarter gains in profit and revenue.

Jerry Hirsch | Contributing Writer
August 2, 2021
Business, Technology, Logistics

Amazon’s Whole Foods Adds Delivery Fee in Some Cities

Amazon .com Inc. is tacking on a delivery fee for Prime members who shop at Whole Foods Market in several U.S. cities, an indication that the economics of grocery delivery continue to pose a challenge for even the world’s largest online retailer.

Matt Day | Bloomberg News
August 2, 2021
Business, Technology, Equipment, Fuel, Logistics

Cargo Van Manufacturers Take Advantage as the Last-Mile Delivery Industry Grows

Van manufacturers are working to meet the demands of the growing e-commerce delivery business. They also see these vans as the perfect incubator for the transportation industry’s move toward electric-powered vehicles.

Jack Ferry | Special to Transport Topics
August 2, 2021
Business, Logistics, Top 50, Top 100

XPO Logistics Spinoff GXO Officially Goes Public

XPO Logistics Inc.'s completion of its spinoff of GXO Logistics Inc. as a publicly traded pure-play contract logistics provider culminated with GXO officials ringing the New York Stock Exchange opening bell Aug. 2.

Connor D. Wolf and Dan Ronan | Staff Reporters
August 2, 2021
Business, Logistics

Mudslides Close 46 Miles of I-70 in Colorado

DENVER, Colo. — Mudslides from heavy rains caused “extreme damage” to Interstate 70 in Glenwood Canyon, Colo., Aug. 1, and transportation officials closed the road and advised long-distance truckers to detour north onto Interstate 80 through Wyoming.

August 2, 2021
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