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Bain to Buy Nissin Shares to Go Private in $756 Million Deal

Japanese logistics company Nissin said Bain Capital will buy its shares from shareholders for it to go private through a management buyout, in a deal worth about $756 million.

May 12, 2025

Performance of Military Moving Contract Called Into Question

Concerns are mounting that the $17.9 billion military Global Household Goods contract is falling short, notably by transferring large numbers of moves back to the legacy moving program.

May 9, 2025

Tariffs Start to Bite US Farmers and Ag Suppliers

Lack of clarity on how the Trump administration will address much-needed incentives for crop-based fuels in the next few years has added to concerns.

May 9, 2025

China’s Exports to US Sink 21% as Tariffs Hit Global Trade

China’s exports to the U.S. tumbled in April while its trade with other economies surged, suggesting that tariffs are hastening a shakeup in global supply chains.

May 9, 2025

GXO Reports Q1 Revenue Increase to Nearly $3 Billion

GXO Logistics experienced an increase in revenue but a loss in earnings during the first quarter of 2025, the company reported May 8.

May 8, 2025

Trump Hints at Tariff Rollback if China Talks Succeed

Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are set to meet in Switzerland with Chinese Vice Premier He Lifeng on trade in the coming days.

May 8, 2025

Forward Air Reports Revenue Growth, Smaller Net Loss in Q1

Forward Air experienced a year-over-year increase in revenue and a smaller net loss amid efforts to improve operations during the first quarter of 2025, the company reported May 7.

May 8, 2025

US Imports Slow as Trump Tariffs Ripple Through Supply Chain

The slowdown of U.S. imports due to tariffs is expected to have downstream effects on the rest of the supply chain, including trucking, according to experts.

May 8, 2025

Volvo Autonomous TaaS Product to Be Known as Autona/freight

Volvo Autonomous Solutions’ rollout of its transport-as-a-service offering ramped up a couple of notches in recent days.

May 8, 2025