Mullen Group recently announced several acquisitions as part of an ongoing strategic plan to grow the Canadian business.
July 8, 2021Search
Showing 10 of 8830 results
= Premium Content
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
DP World to Buy Imperial Logistics in $890 Million Bet on Africa
DP World plans to buy South Africa’s Imperial Logistics Ltd. for $890 million, in what the port operator said would be its most significant acquisition in Africa so far.
July 8, 2021229% Surge in China-US Shipping Costs Drives Inflation Pressure
The cost to ship a boxload of goods to the U.S. from China edged close to $10,000 as the world’s biggest economy keeps vacuuming up imports amid slower recoveries from the pandemic from Europe to Asia.
July 8, 2021CSX Renews Bid for Approval to Add 1,200 Miles of New England Rail Lines
Railroad giant CSX Corp. has struck a new deal to help settle rival Norfolk Southern Railway’s objections to its delayed plan to take over almost 1,200 miles of New England railways.
July 7, 2021Western Fires Halt Hundreds of Canada Railcars, Slowing Exports
Hundreds of railcars have been halted by wildfires that damaged tracks in western Canada during the region’s severe heat wave, creating a bottleneck of exports and delaying imports.
July 7, 2021Amazon Begins New Chapter as Jeff Bezos Hands Over CEO Role
NEW YORK — Amazon founder Jeff Bezos stepped down as CEO on July 5, handing over the reins as the company navigates the challenges of a world fighting to emerge from the coronavirus pandemic.
July 6, 2021Trade Deficit Increased to Second Biggest on Record in May
The U.S. trade gap widened in May to the second-largest on record as imports increased faster than exports.
July 2, 2021LTL Trucking Enters Summer With Strong Tailwinds
The less-than-truckload sector is moving through summer with strong tailwinds at its back, experts say.
July 1, 2021Port Operator DP World Buys Syncreon in $1.2 Billion Deal
One of the world’s largest port operators, DP World, said July 1 it had acquired American logistics firm Syncreon Holdings in a $1.2 billion deal, the latest investment as the maritime company pushes to expand farther afield.
July 1, 2021Vermont Officials Continue Effort to Keep Trucks Out of Smugglers’ Notch
Vermont transportation officials are leading an effort to keep large commercial vehicles out of Smugglers’ Notch, a twisting mountain pass on which numerous truckers have gotten stuck over the years.
July 1, 2021