Logistics
Lineage Logistics Acquires Refrigerated Rail Company Cryo-Trans
(Lineage Logistics)
Cold-storage specialist Lineage Logistics is branching into rail.
January 5, 2021Manufacturers Rethink Supply Chains, Eye Reshoring After Events of 2020
An employee works on a power electronic component at the Toshiba International Corp. manufacturing facility in Houston. (Matthew Busch/Bloomberg News)
A trade war with China and the disruptive effects of the COVID-19 pandemic have U.S. companies starting to question a decades-old strategy of shifting manufacturing operations to low-cost labor markets in China and other Asian nations.
January 4, 2021XPO Finishes Acquisition of Kuehne + Nagel’s European Logistics
XPO said the transaction expands its contract logistics network in the U.K. and Ireland to 248 locations and about 26,000 employees. (XPO Logistics)
XPO Logistics has completed its acquisition of the majority of Swiss firm Kuehne + Nagel’s European logistics, the company announced Jan. 4.
January 4, 2021West and East Coast Ports Report Strong November Volume
South Carolina Ports Authority
The nation’s ports continued their breakneck pace in November as imported products arrived and unloaded at a record or near-record rate at facilities on the Pacific and Atlantic coasts.
January 4, 2021Railroads Install Crash-Prevention System Ahead of US Deadline
A Norfolk Southern freight train rolls through downtown Pittsburgh in March 2018. (Gene J. Puskar/Associated Press)
U.S. railroads have completed installation of an automated crash-prevention system that covers 57,536 miles of freight and passenger tracks ahead of an end-of-year deadline that was previously extended, the Federal Railroad Administration announced Dec. 29.
December 29, 2020Rail Cargo Posts First Gain in Two Years as Consumer Goods Surge
CSX freight locomotives pull a train. (Luke Sharrett/Bloomberg News)
U.S. railroads are back, with freight volume posting the first quarterly gain in two years.
December 29, 2020Trucking Industry Experts Optimistic About 2021, Once COVID Is Over
vitpho/Getty Images
The trucking industry stands poised for a solid start in 2021, building on an unprecedented 2020 during which the U.S. economy relied heavily on truckers amid the COVID-19 pandemic.
December 29, 2020Nuro Acquires Ike, Gets Approval for Autonomous Deliveries in California
A Nuro delivery vehicle completes training routes in Texas in November 2019. (Annie Mulligan for the Washington Post/Getty Images)
Robotics company Nuro announced Dec. 23 that it has acquired Ike Robotics Inc., which builds automated trucking technology.
December 28, 2020FedEx Completes Acquisition of ShopRunner
FedEx
FedEx Corp. announced Dec. 28 that it has completed its acquisition of ShopRunner, marking an expansion of the company’s e-commerce footprint.
December 28, 2020Drone Use in US to Get Boost in New Security Rules
A DJI Technology Co. drone flies over Brooklyn in August 2018. (Mark Kauzlarich/Bloomberg News)
Commercial U.S. drone flights are set to receive a huge boost as soon as the week starting Dec. 28 with requirements that most of the devices must transmit a radio beacon with a digital license plate.
December 28, 2020