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, 2018Search
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Tax Law Sparks Questions on Purchases, Raises in Trucking
As transportation companies reap the rewards of tax relief stemming from the new tax law, some CEOs have reinvested the extra cash into new tractor-trailers or bonuses for their employees.
February 12, 2018Technology of Tomorrow to Be Key Topic at TMC Annual Meeting
Future advancements in the trucking industry will be at the forefront of the Technology & Maintenance Council’s 2018 Annual Meeting and Transportation Technology Exhibition set for early next month.
February 9, 2018Survey: US Manufacturers Say Autonomous Trucks Could Cut Costs
Manufacturers could save nearly 30% of their total transportation costs through 2040 if autonomous, longhaul trucking is aggressively adopted, according to an analysis of a new survey of U.S. manufacturers by PwC and the Manufacturing Institute.
February 6, 2018UPS Orders 14 More Boeing 747s
The famed Boeing Co. 747 airplane now has a slightly longer lease on life — at least in the cargo transport industry.
February 5, 2018Universal Logistics Buys Fore Transportation, Expands in Chicago Market
Universal Logistics Holdings Inc. has acquired intermodal carrier Fore Transportation Inc. for $34.9 million in cash, the Warren, Mich.-based truckload company announced Feb. 2.
February 5, 2018Descartes Acquires Aljex to Broaden Freight Broker Capabilities
Descartes Systems Group acquired Aljex Software Inc. for $32.4 million, a move that expands the Waterloo, Ontario-based tech company’s services for freight brokers and carriers.
February 2, 2018Port Houston Sets Record for Container Volume in 2017
Port Houston broke its record for traffic in a year due to strength in the transportation of steel, wind energy equipment and automobiles, according to the port authority, which also is confident the numbers will grow with the plastin resin boom in the Gulf Coast.
February 1, 2018Sequoia Capital Leads Group Pumping in Cash to Startup Next Trucking
Next Trucking has received $21 million in a round of financing led by Sequoia Capital, the freight marketplace startup announced Jan. 30.
January 30, 2018Port of Long Beach Sets Record for Container Volume in a Year
The Port of Long Beach recovered from a rocky 2016 with a record-setting year in 2017, moving 7.5 million industry-standard twenty-foot-equivalent units, the port’s leader announced at the State of the Port address Jan. 24.
January 25, 2018