Krupp specializes in the transportation of high-value goods, with AIT keen to add the company’s technology logistics sector operations to its portfolio, it said.
January 8, 2025Search
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Walmart Stock Soars 82% in 2024, Leading Retail Industry
Analysts are betting that further market-share gains and increased profit contributions from Walmart’s higher-margin ancillary businesses will extend the stock’s rally.
December 18, 2024Fleets Navigate the Challenges of Driver Acceptance of ADAS
Trucking experts say getting drivers to buy in to advanced driver assistance systems technology is key to making sure it is being correctly used.
December 13, 2024Trucking, Logistics Experience Another Strong Holiday Season
The National Retail Federation reported that a near-record 197 million people shopped between Thanksgiving and Cyber Monday.
December 12, 2024Uber Freight Launches Capacity-as-a-Service Platform
A capacity-as-a-service platform, Broker Access is designed to boost productivity, service levels and business growth for brokers, Uber Freight said.
November 15, 2024Generative AI Driving Freight Brokerage Transformation
Efforts from established and newer enterprises to develop robust digital tools are being shaped by market demands and technological innovations.
September 18, 2024RXO Becomes Third-Largest Freight Broker With Coyote Deal
RXO has finalized its $1.025 billion acquisition of Coyote Logistics from UPS, a move that makes RXO the third-largest provider of brokered transportation in North America.
September 16, 2024Amazon to Boost Contract Driver Pay to Nearly $22 an Hour
Amazon.com Inc. plans to spend an additional $2.1 billion on its contract delivery program, including safety programs, training and additional pay for the contracting firms.
September 12, 2024DSV Orders 300 Electric Trucks in Major Volvo Deal
Logistics firm DSV plans to buy 300 electric heavy trucks from Volvo AB in what would be one of the largest commercial orders to date for the Swedish manufacturer’s battery-powered rigs.
August 23, 2024Will Amazon’s AI Bet Pay Off?
More than any of the megacap technology stocks, Amazon.com Inc.’s big-spending ways are coming at the expense of profits, and its shares are being punished as a result.
August 20, 2024