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Mode Global, Transporeon Automate Spot Freight Procurement

PHOENIX — Mode Global has been collaborating with TMS platform Transporeon to automate spot and dedicated freight procurement, the companies said in a joint announcement.

April 15, 2024

Source: Ship That Hit Bridge Had Power Issues While Docked

BALTIMORE — The containership that caused the collapse of a Baltimore bridge experienced apparent electrical issues before it left port but set out anyway, a source told the AP on April 15.

April 15, 2024

Reopening of Ex-Yellow LTL Terminals Gathers Pace

Reopening of former Yellow Corp. terminals quickened in recent days, with multiple less-than-truckload players introducing additional doors they bought at auction.

April 14, 2024

Kenan Advantage Group Owner Omers Exploring IPO

Omers Private Equity is exploring an initial public offering of Kenan Advantage Group, one of North America’s biggest tank truck transporter and logistics providers, according to sources.

April 12, 2024

3PLs Persevere Through Down Freight Market, TIA Leaders Say

PHOENIX — Third-party logistics providers have persevered through a tough freight market while taking action to stem a rising tide of fraud, 3PL industry leaders said. 

April 12, 2024

Interactive Map: Where the 2024 Top 100 Logistics Companies Are in North America

Find out where the 2024 Top 100 Logistics Companies are located by regions and by state in North America with our interactive map.

April 12, 2024

Update: Norfolk Southern to Pay $600M Settlement Over Derailment

Norfolk Southern has agreed to pay $600 million in a class-action lawsuit settlement related to a fiery train derailment in February 2023.

April 11, 2024

Spot Market Rebalance Slows Amid Volatile Capacity

The spot market is struggling to rebalance as the rate of carriers exiting has slowed despite sluggish demand.

April 11, 2024

Logistics Market Faces Challenges Across Segments in 2023

Across the major logistics market segments, 2023 brought a spate of challenges including compressed margins, rising labor costs and inflationary pressures, ensuring a down year for many.

April 12, 2024