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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

BlueGrace Acquires FreightCenter in Logistics Tech Push

BlueGrace Logistics has acquired online transportation services provider FreightCenter in a move it said will expand its customer base and enhance logistics services.

January 7, 2025

Holiday Online Sales Hit a Record $241 Billion in US

U.S. e-commerce spending rose 9% to a record $241 billion over the holiday period, sparked by widespread discounts, according to data from Adobe.

January 7, 2025

Dockworkers to Restart Talks With Jobs-for-Automation Offer

A U.S. dockworkers’ union and their employer group will meet in New Jersey on Jan. 7 with just over a week to hammer out a deal on a new labor contract.

January 7, 2025

Health Care Business Becomes $20 Billion Lifeline for UPS

UPS Inc. has been quietly building a health care empire to offset stagnating revenue in its core package delivery business.

January 6, 2025

New IANA CEO Anne Reinke Aims to Lift Intermodal

New Intermodal Association of North America CEO Anne Reinke wants to elevate the industry’s profile and Capitol Hill presence. But before she makes any moves, she’s going to learn the ropes.

January 2, 2025

Dockworker Talks to Resume Jan. 7 as Port Strike Looms

Facing a mid-January deadline to reach a deal, the planned talks are a welcome sign for shippers bracing for a labor disruption that would shut every major port on the U.S. East and Gulf coasts.

January 2, 2025

OpenStore Invests $5 Million in Kansas City Fulfillment Hub

OpenStore, which manages more than 100,000 stock-keeping units and serves more than 2 million customers, plans to launch operations at the 113,000-square-foot facility in March 2025.

December 23, 2024

Walmart Stock Soars 82% in 2024, Leading Retail Industry

Analysts are betting that further market-share gains and increased profit contributions from Walmart’s higher-margin ancillary businesses will extend the stock’s rally.

December 18, 2024

Amazon Rejects Senate Report on Workplace Safety Standards

Amazon has long been a target of worker’s rights advocates and labor unions, who say the company pushes its employees too hard in the name of getting packages to customers quickly.

December 16, 2024