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Business, Technology, Logistics, Top 50, Top 100

J.B. Hunt Adds Temperature-Controlled Services to Tech Platform

J.B. Hunt truck John Sommers II for Transport Topics

J.B. Hunt Transport Services Inc. announced the availability of temperature-controlled transportation services within its Shipper 360 by J.B. Hunt technology platform.

December 18, 2020
Business, Logistics

Siemens Explores Fresh Attempt to Sell Logistics Unit

Siemens sign Krisztian Bocsi/Bloomberg

Siemens AG, Europe’s largest engineering company, is exploring a fresh attempt to sell its postal and airport logistics unit, according to people familiar with the matter.

December 18, 2020
Business, Logistics, Top 100

Coca-Cola to Lay Off 2,200 Workers as it Pares Brands

Coca-Cola truck Steven Senne/File/AP

The Coca-Cola Co. said Dec. 17 it’s laying off 2,200 workers, or 17% of its global workforce, as part of a larger restructuring aimed at paring down its business units and brands.

Dee-Ann Durbin | AP Auto Writer
December 18, 2020
Business, Logistics, Top 50, Top 100

FedEx Reports Record FY Q2 Net Sales of $20.5 Billion

FedEx truck A FedEx Ground truck drives through Chicago on Nov. 30. (Christopher Dilts/Bloomberg)

The global surge in e-commerce brought on by the coronavirus pandemic combined with online holiday shopping sent net quarterly sales for FedEx Corp. above $20 billion for the first time in its history, and led to an increase in net income as well, the company reported Dec. 17.

Dan Ronan | Associate News Editor
December 17, 2020
Business, Technology, Fuel, Logistics, TCA

Lordstown Motors, Camping World Team Up on EV Network

 The Lordstown Motors Corp. Endurance electric pickup truck (Matthew Hatcher/Bloomberg News) The Lordstown Motors Corp. Endurance electric pickup truck was unveiled in June. (Matthew Hatcher/Bloomberg News)

Lordstown Motors and Camping World will partner on a national electric-vehicle service and collision network for Lordstown Motors vehicles.

December 17, 2020
Business, Technology, Equipment, Fuel, Logistics

EV Startup Canoo Fast-Tracks Launch of Commercial Delivery Van

Canoo's first electric van model, called Canoo Canoo unveils its first van model, appropriately called Canoo, at the AutoMobility LA auto show in Los Angeles on Nov. 19, 2019. (Damian Dovarganes/Associated Press)

Electric vehicle startup Canoo Holdings Ltd. is talking up the commercial vehicle sales part of a business model that has attracted more attention for its planned consumer-subscription service.

Ed Ludlow | Bloomberg News
December 17, 2020
Business, Technology, Logistics

Airfreight Booking Site Cargo.one Receives $42 Million in Funding

Cargo being loaded onto plane Cargo being loaded onto an airplane. Air cargo costs have skyrocketed in the past year as the pandemic kept planes on the ground, limiting the space available in the holds of passenger jetliners. (pluem05/Getty Images)

Cargo .one, which operates an online system for airfreight booking, raised $42 million from investors after the COVID-19 crisis helped to drive new business.

Siddharth Philip | Bloomberg News
December 17, 2020
Government, Business, Logistics

Amazon Alabama Workers Get Chance for First-in-US Union

An Amazon Prime warehouse worker collects a package. (Thorsten Wagner/Bloomberg News) A worker collects an Amazon Prime customer order package from a conveyor at an Amazon.com Inc. fulfillment center. (Thorsten Wagner/Bloomberg News)

Amazon .com Inc. workers at an Alabama warehouse were given the go-ahead by federal regulators to vote on whether to form what would be the first union at a U.S. facility of the e-commerce giant.

Matt Day and Spencer Soper | Bloomberg News
December 16, 2020
Business, Logistics

COVID Drives Trucking Industry Consolidation

JTL Carriers Titan Transfer announced Dec. 9 that it acquired the assets of JTL Carriers. (JTL Carriers)

The economic fallout from the impact of the coronavirus pandemic has prompted a number of carriers to consolidate.

Connor D. Wolf | Staff Reporter
December 16, 2020
Business, Technology, Fuel, Logistics

CEO of Arrival Aims to Make Electric Buses, Vans in Microfactories

Denis Sverdlov Arrival CEO Denis Sverdlov by Simon Dawson/Bloomberg News

Russian-born entrepreneur Denis Sverdlov wants to revolutionize automaking, replacing Henry Ford’s century-old conveyor-belt assembly lines with tiny factories that cost far less.

December 16, 2020

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