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Trucking M&A Activity Heads Toward Year-End Boost

The trucking and logistics industries could be headed for another year-end boost in merger and acquisition activity.

November 21, 2022

Amazon CEO Says Job Cuts Will Continue Into 2023

Amazon.com Inc. CEO Andy Jassy said the e-commerce giant will be cutting jobs into 2023 as it adjusts to business conditions, his first public comments about the cost-reduction plans roiling Amazon since reports that it planned to wipe out about 10,000 jobs.

November 18, 2022

Authorities Say L.A. Railroad Theft Rings Dismantled

Two theft rings that netted more than $18 million worth of merchandise stolen from railroad cars have been dismantled, authorities said Nov. 17, months after images of a sea of discarded containers along Union Pacific tracks in Lincoln Heights, Calif., drew national attention.

November 18, 2022

Ed Aldridge Retiring; Peter Levesque to Take Reins as CMA CGM Leader

The CMA CGM Group announced that Peter Levesque is taking over leadership of its North American operations from Ed Aldridge, who is retiring.

November 18, 2022

Federal Maritime Commissioners Praise Growth at Port of Mobile

Two members of the Federal Maritime Commission praised the growth, diversity and import-export balance of the Port of Mobile during a visit on Nov. 16.

November 17, 2022

Trucking Industry Heads Into Smoother Holiday Season

This holiday shipping season is expected to be marked by fewer delays and disruptions compared with the past two years, thanks to early freight movements, a flattening of volume and increased capacity, experts said.

November 17, 2022

Third Railroad Workers Union Turns Down Pact

The possibility of a nationwide freight railroad strike is increasing after another union turned down a tentative agreement that was negotiated in mid-September among the major Class I carriers, a management council and the Biden administration.

November 16, 2022

Amazon Employees Fear ‘No One Is Safe’ as Layoffs Roil the Ranks

“No one is safe.” So wrote an Amazon.com Inc. employee on an internal chat room as the company began the largest round of layoffs in its history.

November 16, 2022

Wholesale Inflation Eased in October for Fourth Straight Slowdown

Prices at the wholesale level rose 8% in October from a year ago, the fourth straight decline and the latest sign that inflation pressures in the United States are easing from painfully high levels.

November 15, 2022