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CMA CGM Offers to Buy Bolloré Logistics for $5.5 Billion

Maritime transport giant CMA CGM SA has entered exclusive talks to buy Bolloré SE’s logistics arm for an enterprise value of 5 billion euros ($5.5 billion).

April 18, 2023

Boeing Overtakes Airbus in Plane Deliveries

Boeing Co. delivered more jets in a single quarter than its archrival Airbus SE for the first time since mid-2018.

April 11, 2023

Ex-FedEx Cargo Jet to Get New Life as Airbnb

A former FedEx cargo jet embarked on a final journey April 6 — not in the air but instead carefully hauled on an Alaskan highway at 20 mph from Anchorage’s Merrill Field airport to Big Lake.

April 10, 2023

New Oil Standard Will Help Fleets

The Environmental Protection Agency's Clean Trucks Plan, to take effect by 2027, is targeting a 75% reduction in nitrogen oxide.

April 7, 2023

Spot Rate Bottom Unclear Amid Capacity, Demand Mix

Excess capacity in the spot market amid weakening demand has raised uncertainty over whether rates have actually hit bottom.

April 5, 2023

FedEx to Merge Ground, Express Units

FedEx Corp. will combine nearly all of its ground, air and other operations by June 2024 as part of a $4 billion cost-cutting initiative, the company announced April 5.

April 5, 2023

FMC: Terminals Can't Issue Detention Fees if Ports Closed

What began as a $510 small claims case brought by a trucking company has evolved into what some are calling a precedent-setting case.

April 3, 2023

Walmart Launches New Online Look

Walmart Inc. has been pouring investment into its e-commerce operation for years in an effort to catch up with Amazon .com Inc. Now it’s trying to boost its appeal with a new online look.

April 3, 2023

Port Leaders Look to Future

WASHINGTON — White House Supply Chain Envoy Stephen Lyons told attendees at the AAPA Legislative Summit that the nation’s transportation system was severely tested during recent years.

March 30, 2023