Logistics
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
Werner Enterprises Opens Shop in Arkansas
Truckload carrier Werner Enterprises has opened a shop in West Memphis, Ark., to replace its drop yard in Marion, Ark.
November 5, 2018Infographic: 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.
Seacoast Capital Invests $10 million in Deliver-It
Capital investor Seacoast Capital has announced a $10 million investment in last-mile logistics company Deliver-It.
November 5, 2018Dresdner Robin Completes Work on $25 Million Baldor Foods Expansion
Dresdner Robin, a Jersey City, N.J.-based land use consultancy, has finished work on a $25 million expansion at the Bronx headquarters of Baldor Specialty Foods.
November 5, 2018FedEx to Raise Prices in Response to Surging Freight Demand, Tight Capacity
FedEx Corp. will boost most prices by an average of 4.9% starting in January, more than double the expected rate of U.S. inflation next year, as freight demand surges.
Amazon Offers Free Holiday Shipping to Compete With Target
Amazon says it will offer customers free shipping on orders delivered through Christmas regardless of whether they are members of the Prime membership program, a move that comes two weeks after rival Target undercut the company with its own free-shipping offer.
U.S. Xpress Enterprises Posts Record Profits
U.S. Xpress Enterprises reported record profits in the third quarter as the company benefited from strong freight volumes and higher rates.
Manheim Logistics Solutions Opens $2.7 Million Facility
Manheim Logistics Solutions has announced its move to an upgraded office facility in Phoenix, according to an October press release.
November 1, 2018Project Cargo Network Partners With WiseTech Global
Logistics specialist Project Cargo Network has partnered with WiseTech Global, the company behind the global logistics solution CargoWise One, according to an October press release.
November 1, 2018XPO Logistics Posts Higher Revenue, Profits in Third Quarter
XPO Logistics announced increased revenue and profits in the third quarter and, although the gains were less than what some investment analysts had expected, CEO Bradley Jacobs said the company implemented a record number of new logistics contracts in the quarter.
Two Investment Firms Acquire Anderson Cargo Services
Two private equity investment firms have come together to acquire Anderson Cargo Services, a St. Paul, Minn.-based logistics firm.
October 31, 2018