Logistics

Stable spot rates coupled with rising contractual rates could help drive gross-margin expansion for freight brokers, according to experts.

Longtime financial executive Jamie Harris will join XPO Logistics Inc.’s soon-to-be spun off brokered transportation platform, RXO, on Sept. 26 as chief financial officer.

UPS Inc. is staffing up for the holiday shipping season by hiring more than 100,000 seasonal workers — a daunting challenge amid widespread labor shortages.

Major League Baseball’s Oakland Athletics are one important step closer toward winning approval to build a ballpark as part of a $12 billion commercial development project at an abandoned terminal at the Port of Oakland.

Georgia’s Port of Savannah is on a roll. The facility, less than 20 miles upriver from the Atlantic Ocean on the Savannah River, is in the midst of a burst of construction, improving the facility for trucks, rail and cargo ships, and propelling the port complex to the top tier.

Amazon .com Inc. appears to be scaling back the expansion of what had been its growing delivery network as consumers shift spending habits from the large volume of COVID-19 purchases to a more traditional balance of goods and services.

The Trucking Association of New York and state leaders are looking to address a shortage of truck parking in the New York City area that has led to trucks being towed and booted.

Supply chain obstacles are forcing U.S. retailers to rewire their shipping routes. The early winners are East and Gulf Coast ports.

U.S. private equity firm Platinum Equity is considering a sale of logistics firm Livingston International amid growing investor appetite in the sector, according to people familiar with the matter.

With the increasing number of cargo ships on the Atlantic and Pacific coasts waiting to be unloaded nearing 150, Federal Maritime Commission member Carl Bentzel believes the upcoming peak season for retailers could be extremely challenging.