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$2 Billion Invested in Trucking Tech Firms So Far in 2019

Trucking technology firms are raking in cash as investors look to get in on a hot industry and capitalize on a U.S. economy that remains strong.

May 21, 2019

ºÚÁϳԹÏÍø Depot Results Mixed as Wet Weather, Calendar Shift Weigh on Shares

The ºÚÁϳԹÏÍø Depot Inc. failed to fully rebound from a lackluster end to last year, with the company saying a calendar adjustment added to the drag from wet weather. Tariffs also weighed on the stock, with the company saying that a recent increase in duties isn’t included in its guidance.

May 21, 2019

Approval of Amazon Air Cargo Complex in Lakeland, Fla., Gets Mixed Reception

City commissioners are excited to sign a deal with Amazon to build an air cargo facility at Lakeland’s airport. Residents were less enthusiastic.

May 21, 2019

Supreme Court Rejects UPS Appeal That Postal Service Should Raise Delivery Rates

The U.S. Supreme Court turned away a UPS Inc. appeal that aimed to force the U.S. Postal Service to raise its prices for delivering packages.

May 20, 2019

Amazon Proposes Airfreight Hub in Florida

LAKELAND, Fla. — Amazon is looking to make a more than $100 million investment in Lakeland.

May 17, 2019

Rockford Airport to Add 500 Jobs

ROCKFORD, Ill. — A $9 million federal grant will pay for expanded parking for cargo jets at Chicago Rockford International Airport, where the nation’s 22nd-busiest airfreight hub soon will add 500 jobs.

May 16, 2019

Maine Highway Agencies Aim to Ease Traffic Woes During I-95 Construction

Maine’s two highway agencies launched a rare coordinated public information campaign May 15 in an effort to ease the impact that two construction projects less than 9 miles apart on a busy stretch of Interstate 95 will have on traffic.

May 16, 2019

Spot Rates for Vans, Reefers Slip in April

April saw strong volumes and abundant capacity in spot market truckload freight, according to DAT Solutions’ monthly report.

May 16, 2019

Amazon Jumps Into Freight Brokerage

Amazon.com has jumped into the market of the third-party logistics broker, roiling the waters and raising concern that the Seattle-based e-commerce giant could disrupt the freight industry forever and indelibly.

May 16, 2019