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Generative AI Driving Freight Brokerage Transformation

Efforts from established and newer enterprises to develop robust digital tools are being shaped by market demands and technological innovations.

September 18, 2024

CVC Willing to Bump DB Schenker Bid After Losing to DSV

CVC Capital Partners signaled it’s willing to increase its 14 billion-euro ($15.6 billion) offer for Deutsche Bahn AG’s logistics unit after losing the bidding to Danish company DSV A/S.

September 18, 2024

Amazon Boosts Warehouse Worker Pay by at Least $1.50 an Hour

Amazon.com Inc. is raising the pay of its hourly warehouse workers by at least $1.50 an hour and tacking on Prime memberships to their benefits package.

September 18, 2024

Port Dockworkers Threaten to Strike Over Automation, Pay

About 45,000 dockworkers along the U.S. East and Gulf Coasts are threatening to strike on Oct. 1, a move that would shut down ports that handle about half the nation’s cargo from ships.

September 18, 2024

Yellow Loses Ruling Over $6.5 Billion in Pension Debts

Bankrupt carrier Yellow Corp. and its hedge fund owners lost a court ruling over $6.5 billion in debt that pension funds claim the defunct company owes them.

September 17, 2024

Trimble Unveils New Tools to Boost Fleet Safety, Efficiency

Trimble has introduced several product releases and updates across its trucking technology portfolio to help fleet operators improve efficiency, safety and productivity.

September 17, 2024

Intel to Make Custom AI Chip for Amazon, Delay German Plant

Intel and Amazon’s AWS will co-invest in a custom semiconductor for artificial intelligence computing — what’s known as a fabric chip — in a “multiyear, multibillion-dollar framework.â€Â 

September 17, 2024

Amazon Contract Drivers Organize With Teamsters in New York

Hundreds of Amazon contract-delivery drivers at a New York City warehouse are organizing with the Teamsters, demanding that the company bargain with them over wages and working conditions.

September 16, 2024

Perspective: Cargo Integrity Plan Reduces Risk

Supply chain disruptions are becoming more common, but one factor that often gets overlooked in conversations about intermodal risk management is the importance of cargo integrity.

September 16, 2024

Camrett Logistics Invests $575K in Virginia Warehouse

The expansion is part of Camrett’s broader growth in Southwest Virginia, where it has been operating since 1995.

September 16, 2024