°®¶¹´«Ã½

Trucking company Old Dominion Freight Line held a ribbon-cutting March 13 to celebrate its move to a larger facility for its Mobile, Ala., service center, one of five in the state.

NASHVILLE, Tenn. — A Tennessee panel has approved a $10 million economic development grant to establish the FedEx Logistics headquarters in downtown Memphis.

Class 8 orders for February trickled in to reach 16,900, down 58% compared with a year earlier, reflecting a backlog already swollen by record demand in 2018, reports ACT Research Co.

Today’s recruitment efforts to attract truck drivers have tended to lean on digital media. But in a sea of digital information, recruitment opportunities can be lost. That concern is why some trucking companies are returning to older media approaches for recruitment.

TFI International Inc., one of the largest trucking and logistics companies in the United States and Canada, is making moves in the tanker business, snapping up two trucking companies in February.

Parcel Pro, a UPS Capital company, has partnered with Manufacturing Jewelers and Suppliers of America to provide MJSA premier members access to technology and insured shipping at a time when e-commerce is causing sales of luxury goods to boom, according to a company news release.

TFI International reported a 60% increase in profits in the final quarter of 2018 from the comparable quarter in 2017, part of the trucking and logistics company’s record results for the quarter and the full year.

Walmart has begun expanding the scope and capabilities of its private fleet, taking over store distribution from dedicated contract carriers at facilities in Maine, Indiana and Ohio, while also adding a new intermodal service using a proprietary container design and company drivers to provide drayage service.

New PepsiCo Inc. CEO Ramon Laguarta has made his first acquisition, purchasing the maker of sports and wellness products Muscle Milk from Hormel Foods Corp. for an undisclosed amount.