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XPO to Acquire Majority of Kuehne + Nagel’s UK-Based Contract Logistics Operations

XPO Logistics is acquiring the majority of the United Kingdom-based contract logistics operations of Kuehne + Nagel, according to a March 9 news release.

March 10, 2020

Ports Post Volume Declines Over Coronavirus Fears

Newly released figures from some of the nation’s major ports show cargo volumes are slumping as they struggle to recover from the U.S.-China trade war and now the steep downturn in factory output from China in the aftermath of the coronavirus outbreak.

March 10, 2020

Higher N.J. Tolls Pitched to Pay for Turnpike, Parkway Projects

New Jersey is pushing for higher passenger-vehicle tolls this year — and regular increases in the future — to pay for improvements to its Turnpike and Garden State Parkway.

March 10, 2020

Auto Industry’s Coronavirus Fears Shift From Supply to Demand

Automakers and suppliers across the globe have been scrambling to keep production going after the coronavirus shuttered parts plants across China. But now a bigger fear is emerging: Consumers may be in no mood to buy cars and trucks.

March 9, 2020

Autonomous Tech Company Locomation Signs Deal With Wilson Logistics

Autonomous-trucking technology provider Locomation and Wilson Logistics, a Springfield, Mo.-based trucking and transportation logistics company, have announced a multiyear partnership.

March 9, 2020

RGL Logistics Appoints New CEO, Chairman

RGL Logistics announced Joe Lemerond, senior vice president of transportation, will become the company’s CEO effective March 29.

March 9, 2020

Developers Revive Cold-Storage Facility Plans in Maine

A hotly anticipated plan for a waterfront cold-storage warehouse is back on the table in Portland, Maine.

March 6, 2020

Sysco Approaches Germany Firm Metro About Takeover

Sysco Corp. has approached German wholesaler Metro AG about a takeover, as the U.S. food distribution giant explores ways to expand in Europe, people with knowledge of the matter said.

March 3, 2020

VersaCold Weighs $500 Million Sale Amid Storage Buzz

VersaCold, one of Canada’s largest providers of cold storage, is exploring a potential sale that could fetch $500 million or more, according to people with knowledge of the matter.

March 3, 2020

CRST Buys New Jersey-Based Final-Mile Logistics Company NAL Group

CRST International on March 2 announced it had acquired final-mile specialist NAL Group. Financial terms of the agreement were not made public.

March 3, 2020