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UPS to Buy $1.5 Billion of Boeing Freighters as Air Cargo Booms

UPS Inc. agreed to buy 19 Boeing Co. freighter jets as soaring e-commerce and snarled shipping lines lead to a boom in air-cargo demand.

December 21, 2021

FedEx Surges After Higher Rates Boost Profit, Ease Labor Worries

FedEx Corp. rode increased prices to post profit above analysts’ estimates, bolstering the company’s outlook and easing investor concerns over higher labor U.S. costs. The shares rose in late trading.

December 16, 2021

FedEx Invests $72 Million in Miami Airport Cargo Hub

FedEx Corp. began operations Dec. 15 at its substantially bigger air cargo hub at Miami International Airport. The $72 million addition, two years under development and roughly the size of two football fields, doubles the hub’s size to 282,000 square feet.

December 16, 2021

Cowan Systems Announces New CEO, President

Joseph Cowan is stepping down as the longtime CEO of truckload carrier Cowan Systems LLC Dec. 31 and President Dennis Morgan will be promoted to CEO.

December 14, 2021

Central Freight Lines Shuts Down After Nearly a Century in Business

Central Freight Lines is ceasing operations after nearly a century in business, according to reports Dec. 11.

December 13, 2021

Forward Air Announces General Rate Increase

Forward Air Corp. announced a general rate increase of 7.9%, applicable to rates established under existing tariffs effective Feb. 1.

December 9, 2021

Werner Enterprises Integrates With Decisiv to Expand Repair Network

Werner Enterprises is integrating Decisiv into its application programming interface to expand its repair network, the company announced Dec. 2.

December 6, 2021

Knight-Swift Transportation Purchases RAC MME Holdings

Knight-Swift Transportation Holdings announced Dec. 6 that it acquired RAC MME Holdings and its subsidiaries from Red Arts Capital for $150 million in cash.

December 6, 2021

Better Planning, Equipment Maintenance Are Key to Improved Loading Dock Efficiency

In a time when supply chain issues have reached critical mass, trucking and warehouse companies, as well as dock equipment managers, have been searching for solutions for better efficiency.

December 3, 2021