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Loadsmart Adds Executives, Opens New Headquarters

Loadsmart has announced changes to its executive leadership team as well as the opening of a new headquarters in Chicago.

October 12, 2021

Leasing Firm Avolon Cuts Deal to Convert Airbus A330s for Cargo

Jet-leasing firm Avolon Holdings Ltd. will work with Israel Aerospace Industries Ltd. to convert 30 Airbus SE wide-bodies for use as freighters, targeting an area in which demand has soared during the coronavirus pandemic.

October 4, 2021

Lordstown to Sell Ohio Plant to Foxconn in $280 Million Deal

Lordstown Motors Corp. agreed to partner with Foxconn Technology Group in a $280 million deal that has the startup selling its former General Motors Co. factory in Ohio to the Taiwanese company in exchange for cash and an equity investment.

September 30, 2021

Loadsmart, °®¶¹´«Ã½ Depot Launch Supply-Led Platform for Flatbed

Loadsmart launched a platform in partnership with The °®¶¹´«Ã½ Depot that helps facilitate flatbed backhauls by focusing on supply, the companies announced Sept. 29.

September 29, 2021

Prime Partners With Mastery to Implement Cloud-Based TMS

Prime Inc. announced a partnership with Mastery Logistics Systems to implement a cloud-based transportation management system.

September 27, 2021

Tesla Is Building a New Battery Factory in California

A California mayor said Tesla Inc. broke ground in his city on what it calls a new “Megafactory,†praising the planned facility in a Facebook post that was deleted and is now visible again.

September 23, 2021

C.H. Robinson Releases Spot Market Navigation Tool

C.H. Robinson launched a new tool to help businesses navigate spot market costs, the company announced Sept. 20.

September 22, 2021

Workhorse Shares Sink After It Halts Electric Van Deliveries

Workhorse Group Inc. shares plunged Sept. 22 to their lowest since May after the embattled electric vehicle maker said it will suspend deliveries of its vans and recall units it has already delivered.

September 22, 2021

Biggest US Port Complex to Work Nights, Weekends to Cut Logjam

Ports operating in the U.S.’s biggest gateway for trade with Asia will extend night hours and work weekends to clear port delays amid record volumes.

September 17, 2021