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DSV Buys DB Schenker for $15.9B, Creating Logistics Giant

DSV, founded by 10 Danish truckers in the 1970s, has grown through a string of acquisitions in the fragmented transport industry, including buying targets that were larger than itself.

September 13, 2024

FMC Chairman Breaks Down Post-Pandemic Supply Chain

FMC Chairman Daniel Maffei said the COVID-19 pandemic brought heightened awareness to supply chain issues and revealed what was working — and what wasn’t — across global shipping lanes.

September 12, 2024

Industry Leaders Praise FLOW for Improving Freight Predictions

The transportation sector can better forecast freight trends when companies share information, according to stakeholders of an initiative aimed at facilitating that exchange.

September 12, 2024

FTR: Truckload Spot Rates to Rise 6.5-7% in 2025

FTR Transportation Intelligence expects truckload spot rates to rise 6.5-7% in 2025, Vice President of Trucking Avery Vise said in a presentation.

September 12, 2024

Norfolk Southern Fires CEO Alan Shaw

Norfolk Southern said Sept. 11 it has fired CEO Alan Shaw for having an inappropriate relationship with a subordinate.

September 12, 2024

DSV Reported to Be in Advanced Talks to Buy DB Schenker

DSV A/S is in advanced talks to acquire Deutsche Bahn AG’s logistics unit DB Schenker in a $15.4 billion deal, people with knowledge of the matter said.

September 11, 2024

IANA Applauds Outgoing President Joni Casey

LONG BEACH, Calif. — The Intermodal Association of North America kicked off its annual exhibition Sept. 10 by recognizing the accomplishments of outgoing President Joni Casey.

September 11, 2024

USPS to End Discounts for Consolidators Including UPS, DHL

The U.S. Postal Service said Sept. 11 that it is ending discounts that shipping consolidators such as UPS and DHL use to get packages to the nation’s doorsteps.

September 11, 2024

ATRI Finds Truck Drivers Detained on 39% of Deliveries

Driver detention is regularly voted as a top industry issue, ranking fifth highest for drivers in 2023, according to ATRI.

September 11, 2024