WASHINGTON — Since the pandemic erupted two years ago, Forest Ramsey and his wife, Kelly, have held the line on prices at their gourmet chocolate shop in Louisville, Ky. Now, they’re about to throw in the towel.
February 11, 2022Search
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Odyssey Logistics Elevates Keith Hancock to CEO Position
Odyssey Logistics & Technology Corp. has announced Keith Hancock as the company’s new CEO.
February 11, 2022
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
After ‘Driver-Out’ Milestone, TuSimple CEO Cheng Lu Outlines Vision for Autonomous Trucking
LAS VEGAS — When TuSimple completed its first “driver-out” autonomous truck run in December, it marked a significant step toward a commercial launch of the company’s driverless truck technology.
February 11, 2022Universal Logistics Reports Record $467M Revenue for Q4
Universal Logistics Holdings reported its highest quarterly operating revenue ever Feb. 10 for the fourth quarter of 2021.
February 10, 2022Acquisitions Fuel Mullen’s Record Q4 Revenue Growth
Mullen Group Ltd. reported a doubling of profits and record revenue for the fourth quarter.
February 10, 2022US Senators Introduce Supply Chain Bill Amid Funding Negotiations
WASHINGTON — To alleviate supply chain woes around the country, two senior senators introduced legislation meant to improve the flow of freight at commercial ports.
February 10, 2022Border Blockage Continues as Some Canadian Provinces Ease COVID Restrictions
TORONTO — A rapidly growing list of Canadian provinces moved to lift their COVID-19 restrictions as protesters decrying virus precautions kept up the pressure with truck blockades Feb. 9 in the capital and at key U.S. border crossings, including the economically vital bridge to Detroit.
February 9, 2022Seroka Sees Chance to Ease Ship Backlog by Summer Peak
U.S. supply chains have a chance to return to more normal operations after retailers replenish inventories next quarter, even if the next peak shipping season arrives sooner than usual, Port of Los Angeles Executive Director Gene Seroka said Feb. 9.
February 9, 2022Maersk to Buy Pilot Freight Services
A.P. Moller-Maersk intends to acquire Pilot Freight Services, the Danish ocean shipping giant announced Feb. 9.
February 9, 2022Maersk Sees Record Profit as Demand Surges
COPENHAGEN, Denmark — Maersk said that 2021 was its most profitable year yet, bringing in $18.7 billion as surging demand from a rebounding global economy led to supply chain logjams.
February 9, 2022