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FedEx to Invest $100 Million in Logistics Company in India

FedEx Express Corp. on July 16 said it has entered into equity and commercial agreements with Delhivery, a logistics and supply chain services company in India, which will utilize their combined strengths to unlock India’s international trade potential.

July 16, 2021

PepsiCo’s Sales Jump Most in a Decade as Restaurants Reopen

PepsiCo Inc. reported the fastest sales growth in at least a decade and raised its forecast, benefiting from thirsty consumers returning to restaurants, bars and stadiums and others diving into bags of chips.

July 13, 2021

Survey Finds Pandemic End Will Not Deter Online Shopping

Ware2Go, the on-demand fulfillment and warehousing provider founded by UPS Inc., said 89% of consumers plan to do as much or more of their shopping online even as restrictions that began at the height of the coronavirus pandemic begin to ease and stores reopen.

July 12, 2021

Werner Introduces New App for Drivers

Werner Enterprises launched a new app to help make work easier for its professional drivers, the company announced July 9.

July 9, 2021

Knight-Swift Transportation Acquires AAA Cooper

Knight-Swift Transportation Holdings has announced a deal to acquire less-than-truckload specialist AAA Cooper Transportation.

July 6, 2021

Groendyke Announces Phase 2 of Driver Pay Increase Plan

Groendyke Transport has increased pay rates for more of its drivers as part of the second phase of a larger driver pay initiative, the company announced July 1.

July 2, 2021

Navistar Merges With Traton Group in $3.7 Billion Deal

Navistar International Corp. announced it merged with Munich-based Traton Group in a transaction valued at $3.7 billion, finalizing a strategic alliance launched in 2017.

July 1, 2021

LTL Trucking Enters Summer With Strong Tailwinds

The less-than-truckload sector is moving through summer with strong tailwinds at its back, experts say.

July 1, 2021

Hirschbach Announces Acquisition of Lessors

Hirschbach Motor Lines announced June 22 that it is expanding with the acquisition of Lessors Inc.

June 28, 2021