FedEx Logistics will move its global headquarters to the former Gibson Guitar factory building in Memphis, Tenn., according to a Feb. 12 press release.
February 13, 2019Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
NFI Expands Brokerage, Intermodal Business With Purchase of SCR Air Services
NFI completed the purchase of SCR Air Services Inc., a Seattle-based freight brokerage firm that specializes in shipping food and other products needing temperature control, the company announced Feb. 11. Terms were not disclosed.
February 13, 2019Redwood Logistics Acquires Strive Logistics
Redwood Logistics said it is acquiring Strive Logistics, a move that will create a multimodal freight brokerage firm with more than $1 billion in freight under management.
February 13, 2019Tesla Racing to Get Model 3s to China Before Potential Tariff Hike
Tesla Inc. is loading as many Model 3 sedans as it can onto vessels destined for the People’s Republic ahead of March 1, when a trade-war truce between presidents Donald Trump and Xi Jinping is scheduled to expire.
February 13, 2019New York Mayor Bill de Blasio Calls Amazon’s HQ2 Jobs ‘Mission Critical’
Defending the incentive package to attract Amazon.com Inc.’s HQ2 to New York City, Mayor Bill de Blasio said the prospect of the tech giant bringing tens of thousands of jobs to the area was “mission critical.â€
February 12, 2019Get Smart: Best Practices for Rightsizing Your Trailer Fleet
Not long ago, trailer telematics was tech only top fleets employed. Today, soaring adoption rates signal trailer management is critical to crushing it in a high-demand market. Hear from seasoned pros at marquee transportation companies tell how they are maximizing utilization, rightsizing busy trailer fleets, and killing the competition.
February 28, 2019SteelRiver Infrastructure Looking to Sell Patriot Rail
SteelRiver Infrastructure Partners is seeking a buyer for Patriot Rail Co., a transportation business that could fetch more than $600 million, according to people with knowledge of the matter.
February 12, 2019Analyst Says Fuel Supply Inadequate for Ocean Shippers to Comply With New Rule
Not enough low-sulfur fuel oil is available to replace the fuels used by marine shippers ahead of a fast-approaching regulation, according to analysis by Wood Mackenzie.
February 11, 2019Robot Package Delivery Trucks Developed in Detroit Ready for China, US
Looking like a delegation of toasters from space, a generation of electrically powered, self-driving mail trucks will roll out of a suburban Detroit industrial park later this year. Their mission: Revolutionize mail and package delivery.
February 11, 2019Tech Startup ePallet Raises $3 Million to Fund 2019 Growth
ePallet Inc., a California-based firm that provides technology to enable food shippers and consumers to buy and sell products in pallet-size quantities direct from manufacturers and food processing firms, has said it has raised $3 million in funding.
February 11, 2019