Tennessee Panel OKs $10 Million for FedEx Project in Memphis
NASHVILLE, Tenn. — A Tennessee panel has approved a $10 million economic development grant to establish the FedEx Logistics headquarters in downtown Memphis.
March 11, 2019February Class 8 Orders Slow; Backlog Falls
Class 8 orders for February trickled in to reach 16,900, down 58% compared with a year earlier, reflecting a backlog already swollen by record demand in 2018, reports ACT Research Co.
March 7, 2019In Driver Recruitment, Both Old and New Media Matter
Today’s recruitment efforts to attract truck drivers have tended to lean on digital media. But in a sea of digital information, recruitment opportunities can be lost. That concern is why some trucking companies are returning to older media approaches for recruitment.
March 7, 2019TFI International Acquires Schilli, Toronto Tank Lines
TFI International Inc., one of the largest trucking and logistics companies in the United States and Canada, is making moves in the tanker business, snapping up two trucking companies in February.
March 6, 2019Parcel Pro Partners With Jewelry Manufacturing Group to Ship Luxury Goods
Parcel Pro, a UPS Capital company, has partnered with Manufacturing Jewelers and Suppliers of America to provide MJSA premier members access to technology and insured shipping at a time when e-commerce is causing sales of luxury goods to boom, according to a company news release.
March 4, 2019TFI International Reports Record Results for 4Q, Full Year
TFI International reported a 60% increase in profits in the final quarter of 2018 from the comparable quarter in 2017, part of the trucking and logistics company’s record results for the quarter and the full year.
February 28, 2019Walmart Expands Private Fleet Delivery, Adds New Intermodal Service
Walmart has begun expanding the scope and capabilities of its private fleet, taking over store distribution from dedicated contract carriers at facilities in Maine, Indiana and Ohio, while also adding a new intermodal service using a proprietary container design and company drivers to provide drayage service.
February 27, 2019PepsiCo Buys Wellness-Focused Muscle Milk in New CEO’s First Move
New PepsiCo Inc. CEO Ramon Laguarta has made his first acquisition, purchasing the maker of sports and wellness products Muscle Milk from Hormel Foods Corp. for an undisclosed amount.
February 20, 2019Fleets, Maintenance Shops Eye 24-Hour Service to Enhance Driver Productivity
Fleets find that by performing their own repairs, they can better control repair and wait times, and going commercial enables them to offset costs. Repairs can happen quickly while drivers are at home during their off-duty hours, making it a recruiting and retention tool.
February 20, 2019FedEx Names Raj Subramaniam New President, COO
FedEx Corp. is elevating Raj Subramaniam to the position of president and chief operating officer in the wake of the departure of David Bronczek, who the company said is making a “personal decision” to retire.
February 15, 2019