The company has also shifted its technology support functions in recent months to third-party tech vendors.
August 27, 2025Search
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Yellow Bankruptcy Estate Moves 3 More Terminals
Three more less-than-truckload service terminals once operated by Yellow are close to finding new owners, including two in Canada, according to a court filing.
August 27, 2025EU to Propose Removing US Tariffs to Meet Trump Demand
If the EU proposes the legislation by the end of the month, then the 15% tariff rate on European cars will be back-dated to Aug. 1.
August 27, 2025DOT to Reclaim Control of DC’s Union Station
The move is part of a broader effort by the administration to take back direct control of key rail hubs along the Northeast Corridor.
August 27, 2025Flexport, BlackRock Team Up on $250M in Logistics Financing
The $250 million from BlackRock-managed funds and accounts will double Flexport’s lending capacity.
August 27, 2025Trump Slashes $175 Million From California Rail Projects
Trump has long been a critic of the project, which has been marred with cost overruns and constant delays, arguing that the effort has wasted taxpayers’ dollars.
August 27, 2025Lineage Continues North American Warehouse Expansion
Earlier in 2025, Lineage also expanded its operations in Arizona, Illinois, Kansas, Pennsylvania and Washington state, as well as in Australia, Denmark, the Netherlands and Norway.
August 27, 2025Bank of Canada Holds Firm on 2% Inflation Target
Speaking in Mexico City, Bank of Canada's Tiff Macklem previewed some of the issues being considered in the coming review of the central bank’s monetary policy framework. Â
August 26, 2025Kroger Cuts 1,000 Corporate Jobs After Merger Collapse
The company is making structural changes to its teams across the U.S., interim CEO Ron Sargent said in a memo to staff on Aug. 26.
August 26, 2025Volkswagen’s Elli Expands Into Energy Trading
The shift to intermittent renewables in European electricity markets has created a need for new types of power-purchase agreements and a more flexible demand response from major users.
August 26, 2025