BlueGrace Logistics has announced that it will add jobs and approximately double its footprint in the Chicago Board of Trade.
October 26, 2018Search
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Indonesian Logistics Startup Waresix Lands $1.6 Million Funding
Waresix, an Indonesian warehouse startup, is tapping into its country’s fast-growing logistics market. The company announced in October that it had obtained $1.6 million in pre-Series A funding, led by East Ventures and Monk’s Hill Ventures.
October 29, 2018
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Haven Launches Platform to Aid Carriers, Shippers With Bookings
Software company Haven announced the launch of Origin, a carrier-neutral product that offers a streamlined booking process for carriers and forwarders.
October 29, 2018African Logistics Company Lori Announces Expansion
Lori Systems, a logistics startup based in Kenya, Africa, recently announced expansion into Uganda, Rwanda and South Sudan.
October 26, 2018Universal Logistics Reports Best-Ever 3Q Results
Universal Logistics Holdings reported its best third quarter ever, following a trend of record-setting financial reports by freight carriers this year.
October 25, 2018USA Truck Continues Turnaround With Improved Results in 3Q
USA Truck reported higher revenues and profits in the third quarter of 2018, continuing a financial turnaround started in 2017.
October 25, 2018LTL Carrier Old Dominion 3Q Financials Beat Analysts’ Expectations
Citing the strong U.S. economy and available capacity, Old Dominion Freight Line Inc. produced record results for revenue and profitability during the third quarter, CEO Greg Gantt said Oct. 25.
October 25, 2018Truck Tonnage Dips, but Freight Outlook Remains Strong
A year-long surge in freight volume continues despite a modest dip in a widely followed truck tonnage index over the past two months.
October 25, 2018UPS, Seattle to Launch eBike Downtown Delivery Program
UPS Inc. and Seattle Mayor Jenny Durkan announced Oct. 25 the parcel delivery company will begin a pilot project aimed at reducing congestion downtown and addressing air quality concerns. Delivery drivers will use electric pedal-assist cargo bicycles with a customized modular trailer attached to the back of the bike.
October 25, 2018Knight-Swift Says 3Q Results Reflect ‘Progress’ in All Segments
Knight-Swift Transportation Holdings beat analysts’ profit projections in the third quarter as cost-cutting measures implemented after the acquisition of Swift Transportation in September 2017 compensated for slower-than-expected growth in revenue.
October 24, 2018