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.
Fleets Grapple With Question: How Many Subscriptions Do We Need?
Trucking executives are increasingly confronting the same proliferation of decisions that vex consumers who are shopping for online video services — to subscribe or not to subscribe?
California Trucking Association Challenges New State Labor Law
The California Trucking Association has amended its 2018 independent contractor federal lawsuit to challenge a new state labor law that the association claims would prevent thousands of motor carriers from contracting with owner-operators.
Dean Foods Files for Chapter 11 Bankruptcy Reorganization
Top U.S. milk processor Dean Foods Co. filed for Chapter 11 bankruptcy and is in advanced talks with Dairy Farmers of America Inc. about a potential sale.
Al Gore’s Fund Leads $400 Million Deal With Convoy
In the four years since it was founded, Convoy Inc. has assembled a lineup of big-name investors that includes Bill Gates, Jeff Bezos and Marc Benioff. It’s adding one more to the list: Al Gore.
Trade Battles With China Could Damage 1.47 Million US Jobs, Says Study
President Donald Trump’s long-running trade battle with China is putting nearly 1.47 million U.S. jobs at risk, according to a new study commissioned by the Port of Los Angeles and written by global consulting firm BST Associates.
Pemex Faces Payment Problems After Cyberattack Shut Down System
A ransomware attack that hit Mexico’s Petroleos Mexicanos is disrupting the company’s billing systems, according to people familiar with the situation.
IMC Acquires TransInternational System
IMC Cos. has acquired TransInternational System effective Oct. 18, the intermodal logistics company said in a news release.
November 12, 2019Truck Delivery App Wins Saudi Funds to Expand in Middle East
Trukker, a digital marketplace for land freight based in the United Arab Emirates, has raised one of the largest initial rounds of capital for a startup in the region.
Connecticut Gov. Ned Lamont’s Transportation Plan Includes Tolls
Connecticut Gov. Ned Lamont has released a transportation plan that would be funded in part by electronic tolls.
Amazon Accused of Forcing Up Prices in Antitrust Complaint
In a letter sent to federal lawmakers, an online merchant has accused Amazon.com of forcing him and other sellers to use the company’s expensive logistics services, which in turn forces them to raise prices for consumers.