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.
Ryder Reveals First Two Companies in EV Fleet Program
Truck leasing and logistics company Ryder System identified its initial customers Dec. 5 for its RyderElectric+ turnkey electric vehicle fleet program.
US-Mexico Trade Trends Indicate Nearshoring Has Momentum
The post-pandemic trend toward nearshoring of trade is on course to finish the year strong despite an earlier slowdown in broader trade activity.
Uber Freight and Torc Robotics Form Partnership on Autonomous Trucks
Uber Freight announced a deal that aligns it with Torc Robitics, and separately outlined how it is delving into where artificial intelligence might support its services in the years ahead.
Vermont Lowers Cost of Milk Hauler Overweight Permits
A new law that took effect Nov. 1 regarding overweight permits in Vermont is making it easier and less expensive for milk haulers to transport this key ingredient for the state's dairy industry.
Recruiting and Retaining Drivers Remains a Challenge
Managing driver retention is an ongoing challenge for many trucking companies.
Axle Logistics Invests $37.9 Million to Expand in Tennessee
Tennessee officials held a groundbreaking ceremony at the Knoxville headquarters of Axle Logistics to celebrate a $37.9 million investment to expand the company’s logistics operations.
GXO Logistics Testing Humanoid Robot at Georgia Facility
Warehouse workers could soon face new competition from robots: GXO Logistics Inc. is testing a humanoid model at its facility in Flowery Branch, Ga.
California-based Logistics Company Expands in South Carolina
South Carolina Gov. Henry McMaster announced that California-based IronLink Logistics will invest $16.45 million to establish operations there in a move to gain a Southeast presence.
XPO In Line for 28 Yellow Properties for $870 Million
Less-than-truckload carrier XPO Inc. has agreed to pay $870 million for 26 owned terminals and two leased properties that previously were operated by Yellow Corp.
Breaking: Brad Jacobs' Bold Billion Dollar Move
Brad Jacobs, the billionaire who founded XPO Logistics Inc., is creating a publicly listed company designed for multiple acquisitions and funded with $1 billion, mostly from Jacobs himself. Jacobs has not yet said what industry he plans to expand into with his new venture.
December 5, 2023