Logistics
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
Yellow Loses Ruling Over $6.5 Billion in Pension Debts
Bankrupt carrier Yellow Corp. and its hedge fund owners lost a court ruling over $6.5 billion in debt that pension funds claim the defunct company owes them.
Trimble Unveils New Tools to Boost Fleet Safety, Efficiency
Trimble has introduced several product releases and updates across its trucking technology portfolio to help fleet operators improve efficiency, safety and productivity.
Intel to Make Custom AI Chip for Amazon, Delay German Plant
Intel and Amazon’s AWS will co-invest in a custom semiconductor for artificial intelligence computing — what’s known as a fabric chip — in a “multiyear, multibillion-dollar framework.”
PepsiCo, Maersk, Others Team Up on Electric Truck Pilot
A high-powered coalition is spearheading efforts to electrify the Interstate 10 trucking corridor.
Amazon Contract Drivers Organize With Teamsters in New York
Hundreds of Amazon contract-delivery drivers at a New York City warehouse are organizing with the Teamsters, demanding that the company bargain with them over wages and working conditions.
Perspective: Cargo Integrity Plan Reduces Risk
Supply chain disruptions are becoming more common, but one factor that often gets overlooked in conversations about intermodal risk management is the importance of cargo integrity.
Camrett Logistics Invests $575K in Virginia Warehouse
The expansion is part of Camrett’s broader growth in Southwest Virginia, where it has been operating since 1995.
September 16, 2024RXO Becomes Third-Largest Freight Broker With Coyote Deal
RXO has finalized its $1.025 billion acquisition of Coyote Logistics from UPS, a move that makes RXO the third-largest provider of brokered transportation in North America.
September 16, 2024Platform Science to Acquire Trimble’s Fleet Telematics Units
As part of the agreement, Trimble will take a 32.5% stake in Platform Science and receive a seat on Platform Science’s board of directors.
New Norfolk Southern CEO Calls Last 18 Months ‘Brutal’
Norfolk Southern CEO Mark George says the railroad is ready for a fresh start after a painful 18-month period involving a derailment, an activist proxy fight and the ouster of his predecessor.