Prologis’ update highlights strength of the logistics real estate market entering pandemic. Some clients are asking for rent relief.
The global logistics giant said its Q1 profits among its five business divisions suffered from the coronavirus upheaval.
Two more significant companies in the trucking and transportation field have implemented layoffs and furloughs. In response to an email query from FreightWaves, Doug Waggoner, the CEO of Echo Global Logistics (NASDAQ: ECHO), said the third-party logistics provider (3PL) had a “small reduction” in staff this week that constitutes less than 5% of the company’s […]
Knowledge test training course no longer needed for third-party examiners.
U.S. logistics real estate operator announces it has reached the 100 million euro cap for its European logistics fund.
Plus: California gives Nuro permission to test autonomous vehicles
Nikola Corp. filled VectoIQ’s $230 million public shell company after former Wall Street analyst and General Motors executive Steve Girsky shopped more than 100 smart transportation companies and signed 75 nondisclosure agreements and six letters of intent.
According to data published on the CBP website, 160 total CBP employees had tested positive for the virus as of Sunday. New York City had the most, with 52 employees.
Coalition asserts $75,000 requirement is unfair to brokers and hurts small carriers.
The Federal Motor Carrier Safety Administration’s emergency declarations extend far beyond hours of service.
“The last place I picked up, I couldn’t even come inside the building to use the bathroom,” said Chicago-based driver Bob Stanton.
Morgan Stanley survey shows coronavirus disruption is accelerating for carriers, shippers and brokers, but the height of the disruption may be closer than some may think.
Americans are taking to their laptops instead of heading to the mall, and legacy retailers are facing the pressure to adapt to the times.
TrueNorth, a carrier and software service for independent truckers announced a $3 million raise this week
Retail coalition cautions federal government about potential dangers to easing restrictions on Interstates.
Host John Kingston also looks at the signs of a big drop in diesel demand.
Activist investor Barna Capital seeks to swap out YRC Worldwide board members and make non-executive level changes in management.
Truck drivers are ALWAYS important – no more so than now. Read ways that truckers can stay safer and healthier.
Cargo X is Brazil’s largest digital freight marketplace, connecting about 20,000 carriers and their 400,000 truckers with freight.
Virginia opens up scales to parking The Hours of Service (HOS) waiver handed down by the Federal Motor Carrier Safety Administration (FMCSA) last month at the start of the COVID-19 crisis has been extended, the agency announced on April 8. The waiver was set to expire April 12 or at the declaration of the end […]
