Amazon.com on Nov. 12 took delivery of the 40th and final plane in a lease deal for its expanding air-cargo operation. More may be on the way. A senior executive at an aircraft lessor said Amazon was shopping around for more Boeing 767 freighters and had put out a request for proposals for an additional six jets earlier this year.
November 13, 2018Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
TorQuest Partners Invests in Cando Rail
TorQuest Partners, a Toronto-based midmarket private equity firm, has invested in Cando Rail Services Ltd. of Brandon, Manitoba.
November 13, 2018Amazon Delivery Centers Look to Bridge the Last Mile
Amazon.com rapidly is adding delivery stations across the country to better handle the rising number of orders it receives, and a big one landed on Centennial’s porch last month.
November 9, 2018Roar Logistics Changes Designs for Buffalo Headquarters
Roar Logistics is redesigning its planned headquarters on Exchange Street in Buffalo, N.Y., after a surprise discovery limited the amount of land available for the new building.
November 8, 2018Growing Logistics Startup FourKites Moving to Larger Office
Shipping logistics startup FourKites is moving its office to the West Loop Gate neighborhood of Chicago, having outgrown its space in the Loop.
November 8, 2018Diesel Continues to Slide, Drops 1.7 Cents to $3.338 a Gallon
The U.S. average retail price of diesel dropped 1.7 cents to $3.338 a gallon as prices for West Texas Intermediate crude oil continued to sink despite concerns that global supplies could fall amid U.S.-imposed sanctions on Iran. It was the third consecutive weekly decline in the price of diesel.
November 5, 2018Seacoast Capital Invests $10 million in Deliver-It
Capital investor Seacoast Capital has announced a $10 million investment in last-mile logistics company Deliver-It.
November 5, 2018Manheim Logistics Solutions Opens $2.7 Million Facility
Manheim Logistics Solutions has announced its move to an upgraded office facility in Phoenix, according to an October press release.
November 1, 2018Project Cargo Network Partners With WiseTech Global
Logistics specialist Project Cargo Network has partnered with WiseTech Global, the company behind the global logistics solution CargoWise One, according to an October press release.
November 1, 2018FourKites Adds ‘Predictive’ Load Matching Service
FourKites, a load tracking firm, is tapping a former UberFreight executive to head up a new service offering predictive capacity management to shippers and carriers.
October 31, 2018