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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
Securing Your Logistics Yard and Preventing Cargo Theft
Cargo theft activity in the United States rose to unprecedented levels in 2024, according to Verisk CargoNet's annual analysis. The number of reported incidents rose 27% from 2023 as the estimated value per theft also increased to $202,364. This news brings into question the security measures that freight transportation companies use to secure their assets - in transit and on-site.
March 27, 2025Continental to Cut 3,000 Jobs to Slash Costs at Auto Unit
Continental AG is cutting around 3,000 research and development jobs at its automotive unit as the German parts maker prepares to spin off the struggling business.
February 18, 2025Honda Open to More Nissan Talks
Shares of Mitsubishi surged as much as 8.6% after a report that Honda would be willing to restart talks on a potential tie-up with ailing peer Nissan if its CEO Makoto Uchida steps down.
February 18, 2025Amazon Warehouse Workers Reject Union Bid in North Carolina
Amazon workers at a warehouse in North Carolina overwhelmingly rejected union representation.
February 18, 2025United Rentals Drops $3.4 Billion Purchase of H&E Equipment
United Rentals abandoned its plan to acquire H&E Equipment Services, declining to increase its original offer of $3.4 billion for the rival construction equipment supplier.
February 18, 2025Postmaster General Louis DeJoy Plans Exit
Postmaster General Louis DeJoy asked the board overseeing the U.S. Postal Service to begin the succession process, paving the way for his departure after a turbulent run of almost five years.
February 18, 2025Trucking Must Stay a Step Ahead in Battling Digital Theft
Several trucking companies have been hit by cybersecurity breaches in the past few years. Firms large and small are falling victim to the scams. Here's what can be done about it.Â
February 17, 2025Duffy Says Texas GulfLink Oil Port Will Move Forward
“[The port] was held up for five years, and it was stonewalled. Bureaucrats got in the way, and now we are moving forward with that," DOT Secretary Sean Duffy told reporters Feb. 14.
February 14, 2025Proficient Q4 Revenue Slumps 15.9% on Weaker Margins
Proficient — the No. 4-ranked auto transporter — expects industry dynamics to improve in 2025, including through a reduction in carrier capacity due to the travails of Jack Cooper Holdings.
February 14, 2025