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Truck parts distributor Transaxle with facilities in 11 states is closing after an unsuccessful attempt to sell the company.
As the G7 summit begins in Canada, the U.S. has hit several nations with tariffs, there is little progress in settling wars in Ukraine and Gaza, and a new conflict involves Israel and Iran.
Eaton agreed to buy defense and aerospace systems company Ultra Precision Control Systems from private equity firm Advent for $1.55 billion.
Nippon Steel won conditional U.S. approval for its $14.1 billion purchase of U.S. Steel, capping a lengthy saga in a tie-up that will create one of the world’s largest steel companies.
Electric aircraft maker Archer Aviation expects its defense-related sales to outstrip commercial air taxis in the short term.
OTR alleges DAT’s acquisition of Seattle-based Outgo and subsequent actions breach binding agreements between the erstwhile partners and are causing harm to OTR’s business.
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Oil Shippers Pause Offers of Vessels to Middle East
Some oil tanker owners and managers have paused offering their vessels for Middle Eastern routes since June 13 as they assess the risks from Israel’s conflict with Iran.
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As artificial intelligence continues to advance, technology developers are beginning to introduce AI-powered virtual agents and assistants that could change how logistics work is done.
While continuing to endure a stubbornly slow freight market recovery, the largest third-party logistics providers in North America also face a murky outlook for international trade.
Top 100/ Top 50
A unique ranking of the third-party logistics companies in North America includes listings of the largest freight brokerage firms, freight forwarders, warehouse operators and dedicated contract carriage service providers.
Key data on revenue and freight assets for the 50 largest global freight companies.
Retail giant Walmart ascends to No. 1 on this updated list of the largest private carriers in North America, ranked by number of tractors in operation.
Annual rankings provide an indispensable overview of the largest for-hire carriers in North America, along with timely analysis of trends shaping the industry.
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The barrage of headlines has revived memories of the political upheavals and price spikes of the 1970s — and yet even when oil prices have jumped, it inevitably proved short-lived.
President Donald Trump on June 12 hosted a signing ceremony at the White House with freight and trucking executives to formally roll back a Biden-era emissions policy.
The permit allows a private investment group to construct, maintain and operate a commercial elevated guideway crossing at the U.S.-Mexico border in Laredo, Texas.
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