Top 100
UPS to Buy $1.5 Billion of Boeing Freighters as Air Cargo Booms
UPS Inc. agreed to buy 19 Boeing Co. freighter jets as soaring e-commerce and snarled shipping lines lead to a boom in air-cargo demand.
BrightDrop Delivers First Electric Vans to FedEx
BrightDrop, General Motors Co.’s new electric delivery and logistics business, has delivered the first five vans of an order of 500 to FedEx Corp., the company said Dec. 17.
FedEx Surges After Higher Rates Boost Profit, Ease Labor Worries
FedEx Corp. rode increased prices to post profit above analysts’ estimates, bolstering the company’s outlook and easing investor concerns over higher labor U.S. costs. The shares rose in late trading.
FedEx Invests $72 Million in Miami Airport Cargo Hub
FedEx Corp. began operations Dec. 15 at its substantially bigger air cargo hub at Miami International Airport. The $72 million addition, two years under development and roughly the size of two football fields, doubles the hub’s size to 282,000 square feet.
Cowan Systems Announces New CEO, President
Joseph Cowan is stepping down as the longtime CEO of truckload carrier Cowan Systems LLC Dec. 31 and President Dennis Morgan will be promoted to CEO.
Central Freight Lines Shuts Down After Nearly a Century in Business
Central Freight Lines is ceasing operations after nearly a century in business, according to reports Dec. 11.
Forward Air Announces General Rate Increase
Forward Air Corp. announced a general rate increase of 7.9%, applicable to rates established under existing tariffs effective Feb. 1.
December 9, 2021Werner Enterprises Integrates With Decisiv to Expand Repair Network
Werner Enterprises is integrating Decisiv into its application programming interface to expand its repair network, the company announced Dec. 2.
December 6, 2021Knight-Swift Transportation Purchases RAC MME Holdings
Knight-Swift Transportation Holdings announced Dec. 6 that it acquired RAC MME Holdings and its subsidiaries from Red Arts Capital for $150 million in cash.
December 6, 2021Better Planning, Equipment Maintenance Are Key to Improved Loading Dock Efficiency
In a time when supply chain issues have reached critical mass, trucking and warehouse companies, as well as dock equipment managers, have been searching for solutions for better efficiency.