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Latest news (Page 151)
Freight Broker
Traxion Acquires US Firm BBA Logistics in $10M Deal
Traxion expands its US footprint with a $10 million acquisition of BBA Logistics, setting sights on more opportunities in the US market.
Freight Tech
Convoy Downsizing Amid Leadership Change
Digital freight platform Convoy reduces staff and witnesses co-founder Grant Goodale's resignation, as the company adjusts to industry shifts.
LTL
Yellow Corp. Sues Union for $137M Amid Financial Distress
Less-than-truckload carrier, Yellow Corp., has filed a $137 million lawsuit against the Teamsters union amid a severe financial crisis.
Freight Market
Pickett Research Predicts Rising Rates in TL Rate Cycle By Q4
Despite the deflationary inflection point in Q1 2023, Pickett Research forecasts a shift towards inflation in the TL rate cycle by Q4 2023.
Freight Market
Cautioning Impact of US Manufacturing Boom on Trucking
Despite the rise in US manufacturing spending, the expected impact on trucking freight volumes may not be as significant due to industry specifics.
Supply Chain
Apple, TSMC, Mazda Shift Supply Chains out of China
Major companies Apple, TSMC, and Mazda are diversifying their supply chains away from China due to geopolitical tensions and COVID-19 impacts.
Trade
Russia-Ukraine Conflict's Impacts on Global Maritime Trade
The Russia-Ukraine conflict is reshaping global trade, affecting tanker demand and potentially stimulating maritime trade post-war through reconstruction efforts in Ukraine.
Ports
Dockworkers Secure 'Hero Bonuses' Amid Pandemic
West Coast dockworkers' 32% pay raise and $72m 'hero bonuses' reflect a growing trend of frontline workers seeking recognition for their services during the pandemic.
Warehousing
Prologis Expands Logistics Property Portfolio with $3.1B Deal
Prologis, the world's leading industrial property company, acquires nearly 14 million square feet of logistics real estate from Blackstone, further strengthening its market position.
Newsletters
âïž Very Responsible Double Brokering
Good Monday Morning. Itâs a bad month to name your trucking company after a big cat. Top retailers grapple
"Very Responsible Double Brokering"
This is what a double broker thinks is "responsible" double brokering...
Shippers
U.S. Retailers Face Bomb Threat Scams for Ransom
U.S. retailers, including Walmart, Kroger, and Whole Foods, are being targeted with bomb threats demanding ransom in the form of Bitcoin or gift cards, causing widespread disruptions.