Werner Partners With Aurora to Haul Freight Autonomously in Texas
Aurora Innovation Inc. has announced a deal to haul freight on a route between Fort Worth and El Paso, Texas, for Werner Enterprises.
April 6, 2022Gloom in Transports Sends Smoke Signal for US Stocks
The latest warning sign for U.S. stocks is emerging from a corner of the market that investors closely watch to get a read on the state of the economy and the health of American consumers: Transportation shares.
April 4, 2022J.B. Hunt Launches Clean Transport Program
J.B. Hunt Transport Services Inc. launched a program April 4 to help customers offset the carbon footprint of their supply chain.
April 4, 2022Amazon Workers in NYC Vote to Unionize, a First for Company
NEW YORK — Amazon workers in Staten Island, N.Y., voted to unionize on April 1, marking the first successful U.S. organizing effort in the retail giant’s history and handing an unexpected win to a nascent group that fueled the union drive.
April 1, 2022FedEx Partners With Elroy Air to Test Pilotless Package Drone
FedEx Corp. is partnering with Elroy Air, a startup that makes a large cargo drone, to test moving packages by air with no pilot on board.
March 30, 2022Penske Truck Leasing Expands in Tampa
Penske Truck Leasing announced it opened a new facility in Tampa, Fla., to upgrade the service it provides to existing customers in the area, as well as the ability to add new customers.
March 30, 2022Yellow Welcomes Labor Secretary Walsh at Driver Training Academy Opening
CARLISLE, Pa. — Executives from Yellow Corp. were joined by Labor Secretary Marty Walsh and Pennsylvania Gov. Tom Wolf at a March 29 ribbon-cutting for the motor carrier’s 17th driving academy, a date that also marked the end of the Biden administration’s 90-day challenge to trucking companies to ramp up training and apprenticeship programs to bring drivers to the industry.
March 30, 2022Fred Smith Steps Down as FedEx CEO, Remains Executive Chairman
FedEx Corp. founder Fred Smith is stepping down as CEO of the company and transferring the leadership post to Raj Subramaniam, who currently serves as president and COO, the company announced March 28. Smith will remain as executive chairman.
March 28, 2022Amazon Stock Rally Erases Losses for the Year
Amazon .com Inc. shares rallied March 28, with the e-commerce giant becoming the first of megacap tech stocks to erase losses for the year.
March 28, 2022XPO Sells Intermodal Unit to STG Logistics for $710 Million
XPO Logistics Inc. announced March 25 it has sold its North American intermodal business to STG Logistics, a Chicago-based provider of import-export and value-added warehouse logistics services, for a cash price of $710 million.
March 25, 2022