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Forklift Driving Becomes Desk Job in Phantom-Mitsubishi Deal

Phantom Auto, a California-based startup focusing on remote vehicle operation, has struck a deal to provide logistics equipment heavyweight Mitsubishi Logisnext Co. with software that enables forklifts to be operated remotely from thousands of miles away.

May 13, 2021

CSX to Acquire Quality Carriers

Class I railroad CSX Corp. is acquiring bulk liquid carrier Quality Carriers Inc. in a deal that expands the railroad’s footprint in the United States, Canada and Mexico.

May 12, 2021

TIA Pledges Greater Capitol Hill Presence; New CEO Anne Reinke Leads First Meeting

The head of the Transportation Intermediaries Association stressed that the industry is healthy and poised for a return to the kind of camaraderie that existed before the coronavirus pandemic.

May 12, 2021

Daseke Reports Improved Q1 Earnings

Flatbed carrier Daseke Inc. reported that its first-quarter net loss narrowed by more than half compared with year-ago levels.

May 10, 2021

Patrick Moebel Appointed President of FedEx Trade Networks

FedEx Logistics Inc. has appointed Patrick Moebel to be president of FedEx Trade Networks Transport & Brokerage, Inc., the company announced May 10.

May 10, 2021

Americold Reports Q1 Loss, Citing Costs Related to Acquisitions

Americold reported a net loss of $14.2 million, or negative 6 cents a share, for the period ending March 31. The company said much of the loss can be attributed to increased acquisition and integration costs.

May 7, 2021

Biden Pushes for His Infrastructure Plan in GOP Stronghold

With a badly aging bridge as his backdrop, President Joe Biden stood in reliably Republican Louisiana on May 6 to pressure GOP lawmakers to support his $2.25 trillion infrastructure plan — and yet express a willingness to compromise on the corporate tax hikes he’s recommending to pay the cost.

May 6, 2021

Hub Group Reports Q1 Revenue, Profit Gains

Hub Group posted large first-quarter gains in profits and revenue, reflecting a strong freight market.

May 6, 2021

World’s Biggest Brands Adopt Checklist to Protect Seafarers

Unilever Plc and other big retail brands are among consumer giants adopting a toolkit to audit their shipping supply chains in an effort to help bring seafarers stuck on commercial vessels back home and eliminate human rights risks.

May 6, 2021