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.
Kansas City Southern Picks Canadian Pacific Bid
Just hours before the expiration of a Sept. 12 deadline, Kansas City Southern accepted a $31 billion merger proposal from Canadian Pacific Railway.
UPS to Acquire Same-Day Delivery Startup Roadie
UPS Inc. agreed to acquire Roadie, a same-day delivery startup, looking to speed service and expand into atypical parcels such as oversized packages and perishable goods.
NYC Sued Over Cap on Delivery Fees
DoorDash, Grubhub and Uber Eats sued New York City over its newly entrenched cap on the amount meal-delivery services can collect from restaurants.
US Weighs China Trade Probe
The Biden administration is weighing a new investigation into Chinese subsidies and their damage to the U.S. economy as a way to pressure Beijing on trade, people familiar with the matter said.
Echo Global Logistics to Go Private in $1.3 Billion Buyout
Echo Global Logistics has entered a definitive agreement to be acquired by global private equity firm The Jordan Co., the companies announced Sept. 10.
Diesel Exhaust Fluid Sensor Failures Sideline Thousands of Trucks
Ongoing shortages of replacement parts for failed diesel exhaust fluid quality sensors are believed to be causing thousands of trucks nationwide to be disabled and parked.
Canadian Pacific Moves Into Lead Position for Merger With KCS
Canadian Pacific Railway has edged ahead of rival Canadian National in the back-and-forth battle to acquire Kansas City Southern, as a key vote from KCS shareholders and an earlier ruling from the Surface Transportation Board point toward resolution of a duel that has been brewing for the better part of six months.
UPS to Hire 100,000, Many in 30 Minutes or Less
The package delivery company said Sept. 9 that it plans to hire more than 100,000 people for the busy holiday shipping season, many of whom will get job offers within 30 minutes of applying.
Amazon to Open Two Whole Foods Stores Without Cashiers
NEW YORK — Something will be missing at two Whole Foods stores opening next year: cashiers.
VTNA Plant to Be Supplied Using VNR Electric Trucks
LONG BEACH, Calif. — The Volvo VNR Electric, Volvo Trucks North America’s first commercially available battery-electric Class 8 vehicle, will be deployed on local logistics routes servicing the company’s New River Valley truck assembly operations in Dublin, Va., by the end of 2021, the company announced.