Cold-Supply Logistics Companies in Hot Pursuit of Acquisitions
Cold-storage logistics companies are seizing opportunities to expand, with at least two major U.S. companies in the sector snapping up properties of late.
May 14, 2019Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
Amazon Launches Click-and-Collect Counters With U.K.’s Next
Amazon is launching a delivery option that will let customers retrieve parcels from staffed counters at U.K. and Italian retailers, aiming to take advantage of the popularity of click-and-collect services across Europe.
May 14, 2019US-China Trade War to Worsen Before 2019 Deal, Survey Shows
Economists expect the trade war between the world’s two largest economies to get worse before it gets better — culminating in a deal by year-end.
May 14, 2019Walmart Matches Amazon With Free One-Day Shipping on Many Items
Walmart Inc. wants to one-up Amazon.com in the fight for online shoppers. The world’s largest retailer is rolling out a next-day delivery service to counter Amazon’s recent move to speed shipment times for top customers to just one day from two.
May 14, 2019Amazon Says It Will Back Its Employees Who Quit Jobs to Start Delivery Businesses
NEW YORK — Amazon, which is racing to deliver packages faster, is turning to its own employees with a proposition: Quit your job, and we’ll help you start a business delivering Amazon packages.
May 14, 2019GTI Acquires Jetco to Establish US Operational Platform
GTI Transport Solutions Inc., a provider of open-deck, specialized and overdimensional freight services, has acquired Jetco, a Houston-based carrier, according to a news release by GTI and its parent company, Novacap of Montreal.
May 13, 2019Redwood Logistics Acquires Eminent Global Logistics
Redwood Logistics acquired Eminent Global Logistics, a transportation management systems implementation and service company, according to a May 9 news release.
May 13, 2019China Defies Trump With Plans to Raise Tariffs on US Products
China announced plans to raise duties on some American imports starting June 1, defying a call from President Donald Trump to resist escalating a trade war that is sending stock futures tumbling and clouding the outlook for the global economy.
May 13, 2019US Gives China a Month for Trade Deal as Talks Stay Deadlocked
President Donald Trump’s administration told China it has a month to seal a trade deal or face tariffs on all its exports to the Unites States, even as both sides sought to avoid a public breakdown in negotiations despite a developing stalemate.
May 10, 2019Canadian National Acquires Intermodal Division of H&R Transport
Canadian National Railway Co. acquired the intermodal division of Calgary, Alberta-based motor carrier H&R Transport Ltd.
May 10, 2019