E-commerce logistics startup Pandion — which helps retailers like Saks Fifth Avenue compete with Amazon’s delivery — has secured $41.5 million in fresh funds to expand its operation.
March 22, 2024Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
FedEx Plans $5 Billion Buyback of Shares
FedEx Corp. plans to buy back $5 billion of its shares as cost-cutting efforts have helped boost the courier’s profits as fiscal third-quarter earnings beat expectations.
March 21, 2024Aerolane Seeks to Use Freighter Planes to Pull Cargo Gliders
Aerolane is testing a business plan to pull cargo gliders with small freighter planes.
March 19, 2024PS Logistics Buys Yordy Transport, Boosts Flatbed Ops Again
Diamond State Trucking & Logistics is to buy Morton, Ill.-based flatbed carrier Yordy Transport for an undisclosed sum, parent company PS Logistics said.
March 14, 2024TFI Buys Hercules Forwarding to Boost US LTL Operations
TFI International is to buy less-than-truckload carrier Hercules Forwarding Inc. for an undisclosed sum, it said.
March 12, 2024PepsiCo, Estes Express Earn Sustainability Pathfinder Awards
NEW ORLEANS — Transport Topics has presented its inaugural Sustainability Pathfinder awards to PepsiCo and Estes Express in recognition of efforts to curb emissions and eliminate waste.
March 6, 2024Nearshoring Trend Drives More Border Growth
The nearshoring trend has been driving further transportation and logistics investments near the Mexican border as companies work to capture current and expected future growth.
March 4, 2024Navistar Launches Integrated Powertrain
Truck maker Navistar announced Feb. 26 it has made the first deliveries of its International LT Series equipped with the International S13 Integrated Powertrain.
February 29, 2024J.B. Hunt to Promote Shelley Simpson to CEO Post
J.B. Hunt Transport Services Inc. announced that company president Shelley Simpson is also taking on the post of CEO, effective July 1.
February 29, 2024Forward Air Reports 138% Earnings Drop for Q4
Forward Air Corp. experienced a 138% earnings drop year-over-year during the fourth quarter of 2023, the company reported Feb. 28.
February 29, 2024