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Americold Reports Q1 Loss, Citing Costs Related to Acquisitions

Americold reported a net loss of $14.2 million, or negative 6 cents a share, for the period ending March 31. The company said much of the loss can be attributed to increased acquisition and integration costs.

May 7, 2021

Wisconsin Leaders Issue Grant to Support Marine Facility in Marinette

Wisconsin officials announced May 6 that $1 million in grant funding has been awarded to support infrastructure at a shipbuilding facility in Marinette.

May 7, 2021

Biden Pushes for His Infrastructure Plan in GOP Stronghold

With a badly aging bridge as his backdrop, President Joe Biden stood in reliably Republican Louisiana on May 6 to pressure GOP lawmakers to support his $2.25 trillion infrastructure plan — and yet express a willingness to compromise on the corporate tax hikes he’s recommending to pay the cost.

May 6, 2021

Hub Group Reports Q1 Revenue, Profit Gains

Hub Group posted large first-quarter gains in profits and revenue, reflecting a strong freight market.

May 6, 2021

World’s Biggest Brands Adopt Checklist to Protect Seafarers

Unilever Plc and other big retail brands are among consumer giants adopting a toolkit to audit their shipping supply chains in an effort to help bring seafarers stuck on commercial vessels back home and eliminate human rights risks.

May 6, 2021

XPO Begins Testing Electric Trucks

XPO Logistics is testing a Freightliner eCascadia in Oakland, Calif., the first step in what it expects is a lengthy transition from diesel-powered heavy-duty trucks.

May 5, 2021

Bill Would Create National EV Charging Network in Five Years

WASHINGTON — Rep. Andy Levin (D-Mich.) is reintroducing the EV Freedom Act, which seeks to build a nationwide electric vehicle charging network within five years.

May 5, 2021

Amazon Fuels Canada’s Severe Warehouse Shortage

With the pandemic driving a belated embrace of online shopping in Canada, Amazon .com Inc. has been gobbling up warehouses. That has pushed the vacancy rate in the Toronto area down to just 0.5%, making it the tightest market in North America, if not the world.

May 5, 2021

UPS Driver Delivers Help to Those in Need in Louisiana

UPS driver James Joseph’s philosophy sounds a lot like a slogan his company once had: What can “Big Brown” do for you? When he’s not delivering packages, Joseph has helped deliver air conditioners and fans to people during sweltering weather, water and supplies to hurricane-stricken areas and, most recently, masks and hand sanitizer to schools across Louisiana.

May 4, 2021

XPO Reports Highest Quarterly Revenue Ever in Q1

XPO Logistics Inc. hit a record for revenue during the first quarter of 2021, the company reported May 3.

May 3, 2021