The world’s largest container company will start looking for takeover targets outside the shipping industry as it tries to pre-empt a new competitive landscape in which customers are morphing into rivals.
February 20, 2018Search
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Commodities Shipper Seeks $150 Million to Start Digital Coin
The shipping agency that struck the first freight deal settled in Bitcoin is now seeking $150 million to launch its own cryptocurrency.
February 20, 2018XPO Expands Heavy Goods Service in Europe
XPO Logistics Inc. is expanding its movement of heavy goods to Europe, providing last-mile delivery service to such new markets as France, Ireland, the Netherlands, Spain and the United Kingdom.
February 20, 2018Philadelphia Airport, in Effort to Bolster Shipping, Buys More Land
A massive, mostly vacant land parcel beside Philadelphia International Airport could become a bustling shipping hub for everything from medicine to car parts under a plan to develop the site into a new air-freight complex serving a swath of the northeastern United States.
February 14, 2018Uber, Amazon Making Presence Felt in Transportation Industry
NASHVILLE, Tenn. — Executives in the truck stop and travel plaza industry see the encroachment of technology giants into the transportation industry, but savvy leaders will find ways to capitalize on this trend to make more money, an analyst said during a presentation at the annual NATSO Connect conference.
February 14, 2018January Snow Took a Toll on Port of Virginia’s Cargo Volume
The post-New Year’s blizzard in Virginia did a number on the port.
February 13, 2018Delivering the Goods: U.S. Xpress Offers Team Bonuses Up to $50,000
With demand for long-haul driver teams outstripping supply, one of the country’s largest truckload carriers Feb. 12 launched a compensation plan to provide team drivers up to $50,000 in bonuses and four weeks of paid vacation every year.
February 13, 2018Amazon Threat Has Maersk Racing to Stop Clients From Becoming Rivals
The world’s biggest container shipping line is trying to stop customers like Amazon.com Inc. and Alibaba Group Holding Ltd. from becoming competitors in just a few years’ time.
February 12, 2018Blockchain for Trucking
Freight contracts, document transfers, food safety, driver security, parts management and asset tracking are among the many elements of the trucking business that could become easier and more secure through new applications built around the shared digital ledger called blockchain.
February 12, 2018Capitol Agenda for the Week of Feb. 12: Infrastructure Week, Again
As we welcome President Donald Trump’s highly anticipated infrastructure plan, key policymakers will continue to dwell over the best strategies for funding and financing big-ticket infrastructure projects. A look at the week ahead for trucking on Capitol Hill.
February 12, 2018