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Logistics News
Government, Business, Logistics

US Says ‘Some Progress’ Was Made at Latest NAFTA Talks

The U.S., Canada and Mexico said they’ve made some progress in the latest round of NAFTA talks, while America’s trade chief warned he’d like negotiations to speed up.

January 29, 2018
Business, Logistics

FedEx to Borrow $1.5 Billion for Contribution to Pension Plan After Tax Changes

FedEx Corp. is borrowing $1.5 billion to fund a contribution to its pension plan that it announced after the passage of U.S. tax law changes.

Molly Smith | Bloomberg News
January 29, 2018
Business, Logistics, TCA

New Hawaii Cargo Shipping Service is a No-Go

A much-touted plan to start a new Hawaii ocean cargo transportation service is dead in the water.

Andrew Gomes | The Honolulu Star-Advertiser
January 29, 2018
Business, Technology, Logistics

First Cryptocurrency Freight Deal Takes Russian Wheat to Turkey

The first freight deal settled in Bitcoin was executed last month on a vessel carrying wheat from top shipper Russia to Turkey, according to Prime Shipping Foundation, the venture behind the transaction.

Isis Almeida | Bloomberg News
January 29, 2018
Business, Technology, Logistics

Amazon Expands Delivery Trial That Could Hurt FedEx, UPS

Amazon.com Inc. is expanding a service launched to make more groceries, cleaning supplies and other products available for quick delivery directly from merchants without overwhelming the e-commerce giant’s warehouses with additional inventory, according to documents reviewed by Bloomberg News.

Spencer Soper | Bloomberg News
January 29, 2018
Government, Business, Logistics

Port of Virginia Gets Preliminary OK on Dredging Project

The U.S. Army Corps of Engineers has preliminarily approved a project to dredge Virginia’s Norfolk Harbor from 50 feet to 55 feet, but a final decision on whether to fund it will come this summer.

January 26, 2018
Government, Safety, Logistics, TCA

Cross-Border Training Program Saving Commercial Truck Drivers

Commercial truck drivers in Mexico who go through a new Arizona cross-border program are less likely to be flagged for safety violations when they show up at ports of entry, officials said.

Perla Trevizo | The Arizona Daily Star
January 26, 2018
Business, Logistics, TCA

Union Pacific Starts Work on $550 Million Rail Yard in Texas

Union Pacific Railroad announced Jan. 25 the company started construction this month on a major rail yard near Hearne, Texas, a $550 million project that’s the largest in the railroad’s 103-year history.

Dug Begley | Houston Chronicle
January 25, 2018
Business, Technology, Logistics, TCA

Fleet, 22-Year-Old’s Logistics Startup, Raises Another $10 Million

At 14, an age when other kids want video games and gadgets, Max Lock wanted a job.

Mike Rogoway | The Oregonian (Portland, Ore.)
January 25, 2018
Business, Logistics

TFI Promotes Greg Orr to President of CFI Truckload Business

TFI International has named two executives to head its CFI truckload business unit in Joplin, Mo.

January 25, 2018
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