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Nuro to Build Autonomous EV Factory in Nevada

Nuro Inc., which has unmanned delivery pods scurrying around Southwestern streets, said that it will build a $40 million facility to assemble and test a new generation of autonomous vehicles in Nevada.

August 26, 2021

Goldman-Backed Exchange Raises Cash to Expand Shipping Contracts

The New York Shipping Exchange, founded in 2015 by a former industry executive to make the container shipping market more efficient, is raising another $15 million to expand contracts that can help protect companies’ supply chains from price hikes and other uncertainties.

August 25, 2021

UPS Starts Drone Delivery of COVID Vaccines

UPS Inc. started delivering coronavirus vaccines with the use of drones as part of a new initiative announced Aug. 24.

August 24, 2021

Ports on Both Coasts Report Strong July Numbers

Imported goods continued to flood into the U.S. in July as the nation’s ports produced substantial container volumes.

August 18, 2021

PS Logistics Continues Acquisition Strategy With Patriot Deal

PS Logistics announced that it has purchased all substantial transportation assets of Patriot Transit and Patriot Logistics. Financial terms were not disclosed.

August 12, 2021

Startup TextLocate Seeks to Improve Freight Tracking

In today’s digitally connected world, the status and location of most freight shipments can be immediately determined by GPS trackers, phone apps or simply making a cellphone call to the trucker hauling the package for delivery.

August 9, 2021

Maersk’s Green Shipping Plan Runs Up Against Scarce Cooking Oil

A.P. Moller Maersk A/S’s efforts to become carbon-neutral face an unusual hurdle: There isn’t enough used cooking oil to make the biofuel that powers the vessels.

August 9, 2021

Americold Swings to Q2 Loss

Refrigerated warehouse operator Americold Realty Trust saw revenue rise in the second quarter but swung to a loss for the period because of disruptions in the global food supply chain.

August 6, 2021

Cargo Van Manufacturers Take Advantage as the Last-Mile Delivery Industry Grows

Van manufacturers are working to meet the demands of the growing e-commerce delivery business. They also see these vans as the perfect incubator for the transportation industry’s move toward electric-powered vehicles.

August 2, 2021

Ryder Reports Year-Over-Year Turnaround for Q2

Ryder System Inc. saw growth across its business during the second quarter of 2021, the company reported July 28.

July 29, 2021