Logistics

Though it’s not yet Halloween, delivery companies UPS Inc., FedEx Corp. and the U.S. Postal Service have released their recommended deadlines to ship packages in time for the holidays.

After at least 10 years of planning, officials in Cairo, Ill., say the timing is right to finally develop the estimated $300 million Alexander-Cairo Port District.

NEW YORK — All employers want for Christmas is some holiday help. But they might not get their wish. Companies like UPS Inc., FedEx Corp. and Walmart Inc. that typically hire thousands of seasonal workers are heading into the holidays during one of the tightest job markets in decades, making it unlikely they will find all the workers they need.

The global trade finance gap rose 15% to $1.7 trillion in 2020 as COVID-19 sent shock waves through trade and supply chains, according to a survey conducted by the Asian Development Bank.

Loadsmart has announced changes to its executive leadership team as well as the opening of a new headquarters in Chicago.

A.P. Moller-Maersk A/S said it had to divert some ships from the U.K.’s largest container port because of congestion tied to a trucker shortage that’s clogging the flow of cargo boxes into and out of the country.

XPO Logistics Inc. CIO Mario Harik will run the company’s less-than-truckload division in an acting capacity in the wake of the retirement of the LTL division president, Tony Brooks.

T.F. Boyle Transportation, a truckload carrier and provider of specialized transportation logistics, is being acquired by health care supply chain specialist Andlauer Healthcare Group Inc. in a deal valued at $80 million.

Greenbriar Equity Group is exploring a sale of BDP International that could value the logistics company at more than $1.5 billion including debt, people with knowledge of the matter said.

The deal market in the trucking industry is heating up as buyers and sellers look to make moves amid a confluence of factors that are driving activity, experts said.