XPO Logistics Inc. introduced a carbon-offset shipping option for customers of its truck brokerage business in North America, the company announced April 22.
April 22, 2022Search
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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.
Convoy Adds Capital to Expand Technologies
Digital freight broker Convoy announced it raised $260 million in new funding and added a $150 million line of credit as it intends to accelerate the development of its efficiency-focused technologies.
April 22, 2022Amazon to Invest $1 Billion in Logistics, Robotics Companies
Amazon.com Inc. says it plans to invest $1 billion in companies developing technologies in logistics, supply chain management and safety, as the retailer seeks to keep an eye on new ideas that might aid its core business.
April 21, 2022Amazon Targets Shopify With New ‘Buy With Prime’ Service
Amazon.com Inc. said it will let merchants sell products they list with the e-commerce giant directly from their own websites, as part of a move to blunt the momentum of fast-growing competitor Shopify Inc.
April 21, 2022Walmart Will Run Forklifts on ‘Green’ Hydrogen in Plug Power Deal
Plug Power Inc.’s bid to become a major supplier of carbon-free hydrogen just won the backing of one of the company’s oldest customers: Walmart Inc.
April 19, 2022NACFE Reports Van, Step Van Segments in Shape to Go Electric
It’s now practical for 100% of the commercial vans and step vans segment to switch to battery-electric powertrains from internal combustion engines, according to the North American Council for Freight Efficiency.
April 15, 2022Indiana River Port Featured in White House Rural Infrastructure Tour
The Department of Transportation has released $44 billion for rural infrastructure, an announcement that reinforced a White House commitment and aligned with a visit by Transportation Secretary Pete Buttigieg to a small Indiana river port.
April 14, 2022XPO Chairman Jacobs Says Transportation Economy Shows Signs of Slowing
XPO Logistics Inc. CEO Brad Jacobs said that the transportation-specific economy remains strong but is slowing and not as vibrant as it was earlier in the year.
April 14, 2022UST Promotes Kevin Dietrich
UST Logistical Systems announced the promotion of Kevin Dietrich to executive president. In his new role, Dietrich will be responsible for all divisions and their financial performance.
April 8, 2022Port Leaders Discuss Future
HOUSTON — Ports in the United States have a historic opportunity to upgrade aging infrastructure with billions of dollars in federal funding that will prepare facilities for years’ worth of expected growth in freight movement and ready them for a future where many are targeting eventual carbon-neutral operations.
April 7, 2022