Logistics News

About Logistics News...

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.
 

Business, Logistics, Private, Global Freight, Top 100, Top 50

Walgreens Shares Soar 28% After Sales Beat Forecasts

Revenue came to $39 billion for the fiscal quarter ended in November, driven by higher prices for branded drugs and prescription volumes at the company’s U.S. retail pharmacy division.

January 10, 2025
Government, Business, Equipment, Logistics

Stellantis Pauses Key Decisions, Awaits Trump Policies

The automaker hasn’t decided where to build certain new vehicles such as the replacement for the Jeep Cherokee midsize SUV, which ceased production in the key segment in 2023.

January 10, 2025
Government, Business, Safety, Logistics, TCA

Cargo Ship Runs Aground in Delaware River Near Philadelphia

The Coast Guard was called to the scene around 6:30 p.m. Jan. 8 when the Algoma Verity — a 623-foot long bulk carrier — ran aground just north of the Ben Franklin Bridge.

January 9, 2025
Government, Business, Equipment, Fuel, Logistics

Trucking Costs Could Rise $93M Per Year During Bridge Repair

The closure of the Francis Scott Key Bridge in March is set to increase the mid-Atlantic trucking industry’s operating costs by $92.8 million in 2025, according to researchers.

January 9, 2025
Business, Technology, Logistics

Cass Buys Ocean, Airfreight Audit Specialist AcuAudit

Cass Information Systems bought ocean and international airfreight audit provider AcuAudit for an undisclosed sum from Acuitive Solutions, it said.

January 8, 2025
Business, Logistics

Dothan Warehouse to Add More Temperature-Controlled Storage

Dothan Warehouse in Alabama is investing $5.2 million to expand its temperature-controlled storage space to meet rising demand after selling its frozen facility to Vertical Cold Storage.

January 8, 2025
Business, Technology, Logistics, Top 100

AIT Buys St. Louis-Based Freight Forwarder Krupp Trucking

Krupp specializes in the transportation of high-value goods, with AIT keen to add the company’s technology logistics sector operations to its portfolio, it said.

January 8, 2025
Business, Logistics, For-Hire, Top 100

Forward Air Probes Sale, Merger, Divestment Options

Forward Air’s board will undertake a review of the asset-light transportation and logistics services provider’s strategic alternatives, including a sale of the company and other options.

January 8, 2025
Business, Logistics, For-Hire, Top 100

Atlas Acquires Canadian Customs Specialist Orbit Brokers

Atlas Canada acquired Mississauga, Ontario-based customs brokerage Orbit Brokers for an undisclosed sum, the Atlas World Group unit said.

January 7, 2025
Business, Logistics

Vertical Cold Storage Opens Facility in Kansas City

Vertical Cold Storage opened a Kansas City multimodal distribution site, the company said Jan. 7.

January 7, 2025