XPO has revived a sale of its European transportation business, according to people familiar with the matter, almost two years since it last scrapped the attempt to divest the operation.
August 15, 2024Logistics 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.
XPO Explores Sale of European Transportation Business
Norfolk Southern Investing $200M to Boost Alabama Capacity
Norfolk Southern will invest $200 million to grow capacity on a key Alabama rail line in a freight corridor for agriculture, automotive, chemicals, forestry and steel goods.
August 13, 2024New Texas-Mexico Border Lanes Speed Up Commercial Traffic
U.S. CBP officers can now inspect more inbound trucks from Mexico at a border crossing into Texas since construction is complete on an $8 million project donated by the City of Pharr.
August 13, 2024Canadian Labor Board Leaves Door Open for Rail Strike
The ruling found that a work stoppage between the Teamsters and rail companies would not pose an immediate threat to public health and safety, meaning a strike could occur as soon as Aug. 22.
August 13, 2024What's That? On-Time In-Full (OTIF)
On-time in-full (OTIF) is a supply chain metric for measuring performance in logistics. OTIF generally refers to a supplier’s ability to deliver product within prescribed delivery windows and at full quantities ordered.
August 12, 2024Port Isabel Secures $1.6M Grant for Major Expansion Projects
Commerce Secretary Gina Raimondo recently announced the award as part of $6.9 million in economic development grants to Texas for workforce training and port improvements.
August 12, 2024Amazon Tests Speedy Delivery Service Featuring Kia Souls
Amazon.com Inc. has deployed a new secret weapon in its same-day delivery operation: a convoy of Kia Souls.
August 8, 2024Pipeline Firms in Talks With Data Centers About Gas Supply
Energy Transfer and Williams Cos. are talking to data center operators about building pipelines directly to their facilities to fuel on-site power plants as the centers prepare for a boom in AI.
August 8, 2024Forward Air Posts Q2 Loss, but Revenue Soars on Acquisition
Despite the reported net loss, investors appeared to be responding positively. It was primarily due to a one-time goodwill impairment charge related to the Omni acquisition.
August 8, 2024RXO Faces Revenue Decline, Net Loss in Q2
The Charlotte, N.C.-based asset-light transportation provider posted a net loss of $7 million, or 6 cents a diluted share.
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