UPS Inc. has entered into a definitive agreement to sell its asset-light freight brokerage business, Coyote Logistics, to RXO Inc., the company announced June 23.
June 24, 2024Logistics News
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
UPS to Sell Coyote Logistics to RXO
Congress Debates FY25 NDAA
A comprehensive defense policy measure recently approved in the House of Representatives proposes security enhancements for trucks at military bases and a review of a new moving contract.
June 20, 2024ATA Reports Tonnage Turnaround for May With 1.5% Rise
The trucking industry experienced its first increase in tonnage this year during May, a 1.5% bump, American Trucking Associations reported June 18.
June 20, 2024Amazon Is Shifting to Recycled Paper Filling for Packages
Amazon is shifting from the plastic air pillows used for packaging in North America to recycled paper because it’s more environmentally sound, and it says paper just works better.
June 20, 2024Private Equity Firms Invest in RPM Freight Systems
RPM Freight Systems is to receive backing from private equity firms Trive Capital and Bluejay Capital Partners, the investors said in a news release.
June 18, 2024What's That? Less-Than-Truckload (LTL)
Less-than-truckload shipping is used to transport freight that doesn’t require a full truckload trailer. In general, most LTL shipments weigh between 500 and 15,000 pounds, and are shipped on pallets and only require a portion of a trailer. Since LTL shipments don’t use an entire truck, free space on the truck is often shared by other shipments from other shippers or carriers.
June 18, 2024Artur Express to Run 100 Kodiak Self-Driving Sleeper Trucks
Artur Express plans to operate 100 sleeper trucks with Kodiak Robotics’ self-driving truck technology installed in a partnership between the companies, they said.
June 18, 2024Efficient Use of Space Is Key in Weak Freight Market: Study
Over-the-road carriers waiting for an upturn in the freight cycle must make the most efficient use of their trucks’ space to best ride out ongoing market weakness, according to CSCMP.
June 18, 2024House Panel Takes Up Water Resources Development Act
This month, the transportation panel in the U.S. House of Representatives plans to vote on a policy update to the country’s commercial waterways.
June 18, 2024Judge Orders BNSF to Pay Washington Tribe Nearly $400 Million
SEATTLE — BNSF Railway must pay nearly $400 million to a Native American tribe in Washington state, a federal judge ordered after finding that the company trespassed across the tribe’s reservation.
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