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Business, Logistics, 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.

Richard Clough | Bloomberg News
December 21, 2021
Business, Technology, Fuel, Logistics, Autonomous, Top 100, TCA

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.

Kalea Hall | The Detroit News
December 17, 2021
Business, Logistics, Top 100

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.

Thomas Black | Bloomberg News
December 16, 2021
Business, Logistics, Top 100, TCA

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.

Anna Jean Kaiser | Miami Herald
December 16, 2021
Business, Top 100

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.

Dan Ronan | Senior Reporter
December 14, 2021
Business, Top 100

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.

Connor D. Wolf | Staff Reporter
December 13, 2021
Business, Logistics, Top 100

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, 2021
Business, Technology, Equipment, Top 50, Top 100

Werner 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, 2021
Business, Technology, Equipment, Top 100

Knight-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, 2021
Business, Technology, Equipment, Safety, Top 100

Better 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.

Mindy Long | Special to Transport Topics
December 3, 2021