Port Logistics Group, one of the nation’s leading providers of omnichannel logistics services, announced its acquisition of Whiplash Merchandising, Inc. on April 24, effective immediately.
Bottom line comes in light. Investors wary to unimpressed.
Ford invests $500M in electric pickup maker; plus U.S. may be pulling freight from trucking, India seeks logistics technology upgrades, and scientists call for unity on electric vehicles.
Retail rebounded from a disappointing February in March, with the growth rate climbing from 2.2 percent to 3.6 percent year-over-year. It was one of the strongest rebounds seen in the retail sector since mid-2017.
In partnership with Reliance Partners …
Truckers often are under a lot of stress due to being away from their family for days at end, erratic sleep cycles, and other issues while they haul freight. Communicating with their dispatchers and retrospecting stress-related incidents are key to reducing stress.
Despite its takeover by ocean carrier, Swiss freight forwarder keeping it multi-modal with introduction of rail service from China to Europe.
Ashley Coker IMAGE: SHUTTERSTOCK The amount of capacity that has flooded the market in 2019 has put downward pressure on rates. Rates for long distance trucking declined for the third straight month in March, and year-over-year growth continued to decelerate, falling below 5 percent. While falling rates are making the market feel soft for carriers […]
Rush Enterprises (NASDAQ:RUSHA) reported strong first quarter 2019 revenues of nearly $1.34 billion on April 24, up 8.7 percent from $1.24 billion compared with the previous year.
Forty ships detained in 2018 as federal inspectors begin exposing U.S.-flag safety data.
Kenworth will increase the size its Chillicothe, Ohio, manufacturing plant by nearly 25 percent once a new paint facility comes online in early 2021, the company said at a groundbreaking for the $140-million, 120,000-square-foot building.
Centers set for redesign for different inventory.
Women In Trucking Association (WIT) named Judy R. McReynolds, chairman, president and chief executive officer of ArcBest, the winner of the fifth annual Women In Trucking Association’s Distinguished Woman in Logistics Award (DWLA).
Technology is disrupting the logistics industry at a breakneck pace, and brokerages are not exempt from the changes. While new technologies are intended to help companies run smoother, the implementation process can be riddled with challenges.
Recent shipping trends reflect a slowdown in user demand across the air, rail, maritime and truckload modes of transport. Those trends seem to have passed by the $42 billion per year less-than-truckload (LTL) segment. Carriers have been in control of the market for two years, demand remains solid, and pricing is disciplined and rational. There […]
Heavy-duty equipment maker tops estimates largely due to one-time tax gain, but the mining business does show better growth.
Ashley Coker IMAGE: SHUTTERSTOCK The economy lost some momentum in the first quarter of 2019, and freight movements were not spared from the softening. However, there are a handful of reasons to be optimistic heading into the second quarter. FreightWaves CEO and Managing Director Craig Fuller and FreightWaves Chief Economist Ibrahiim Bayaan teamed up to […]
ATA points out that the proposal, to be officially unveiled on Capitol Hill this week, makes several wrong assumptions.
Company was solid parcel player in the Northeast for decades.
Commonwealth tries to bring more skilled techs into the logistics, warehouse fold.
Garage becomes another 21st century delivery node.
