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.
Capitol Agenda: The Department of Transportation’s Freight Logistics Optimization Works program will unite public and private stakeholders to enable a more resilient freight network.
The national average diesel price fell another 5.4 cents this week to creep ever closer to the $4 mark, according to the Energy Information Administration.
Brad Jacobs, the billionaire who founded XPO Logistics, is creating a publicly listed company designed for multiple acquisitions and funded with $1 billion, mostly from Jacobs himself.
Canada Cartage Corp. will buy GTI Group for an undisclosed sum, the company said.
The U.S. Department of Transportation recently announced the availability of grants designed to advance big-ticket infrastructure projects along commercial and commuter corridors.
Georgia Officials Laud Plastic Express Expansion Near Port
Georgia Gov. Brian Kemp said Plastic Express will build a facility near the Port of Savannah in an $80 million project that will create 200 jobs while expanding its operations in the state.
Winterization Process Requires Preparation, Training
From treacherous road conditions to freezing temperatures, even the most conscientious drivers need to exert caution on the roads during the winter.
Many fleets have adopted forward- and inward-facing cameras to coach drivers and reduce liability. Now the latest smart camera technology is taking things a step further.
Video-based safety systems are helping fleets prevent crashes and exonerate drivers, but successful deployment of this technology continues to hinge on driver acceptance.
Key data on revenue and freight assets for the 50 largest global freight companies.
Beverage and food service fleets dominate the top spots in this comprehensive rundown of private carriers in North America, ranked by number of tractors.
Annual rankings provide an indispensable overview of the largest for-hire carriers in North America, along with timely analysis of trends shaping the industry.
A unique ranking of the third-party logistics companies in North America includes listings of the largest freight brokerage firms, freight forwarders, warehouse operators and dedicated contract carriage service providers.
The Global Carbon Project estimates that worldwide carbon dioxide emissions from burning fossil fuels will rise 1.1% this year over 2022, to 36.8 billion metric tons, a new peak.
The labor conflict against Tesla in Sweden is spreading to neighboring Denmark where the country’s largest trade union said Dec. 5 they will take action in solidarity with Swedish workers.
Plans for a new highway connector from Illinois 3 in Fairmont City to Illinois 203 in Madison, Ill., are designed to improve traffic flow and help with logistics and industrial development.
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