Freight

Forward Air announced two acquisitions on Wednesday aimed at bolstering its intermodal transportation unit. The company acquired BarOle Trucking, the biggest intermodal carrier in Minnesota's Twin Cities area as well as the trucking assets of TKI Intermodal, a Minneapolis-based provider of...

The CEO of GXO Logistics Inc., the world's largest pure-play contract logistics provider, said Tuesday that global supply chain bottlenecks should ease by the end of the second quarter of 2022 and that massive spikes in demand hitting GXO's U.S. facilities are already starting to level off...

Canadian Pacific has received a CA$15 million (US$12.1 million) grant from Emissions Reduction Alberta (ERA) to expand its hydrogen locomotive program. The grant, announced Tuesday, will increase the number of hydrogen locomotive conversions from one locomotive to three, and it will add more...

In August, Air Transport Services Group (ATSG) announced plans to purchase and convert 20 passenger Airbus 330s to lease to its express delivery operators. Germany-based aerospace manufacturer EFW won the contract and will begin those conversions in July 2023.  At first glance, ATSG's deeper...

While e-commerce continues to grow, retailers are developing solutions that integrate the online and physical worlds of retail, and that increasingly means fulfilling online orders with in-store inventory. Operating in the modern retail environment is placing additional strain on distribution...

As Miguel Silva surveyed his truck yard just outside the Port of Oakland last week, he pointed to shipping containers filled with corn and soybean seed bound for impoverished nations in Africa and elsewhere around the globe. Silva said his customers' genetically modified seed, which can't be...

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Autonomous vehicle maker Nuro on Tuesday announced a $600 million financing round led by Tiger Global Management to develop and deploy its robot delivery network nationwide. Notably, the series D included new participation from Alphabet property Google (NASDAQ: GOOGL) and grocery retailer Kroger (...

Management from ArcBest isn't shying away from the prospect of its asset-based unit, which includes less-than-truckload operations, achieving a mid-80% operating ratio. On a Tuesday call with analysts, company officials said the potential for further margin improvement stems from capacity...

Learn more at SONAR.FreightWaves.com Image by Markus Distelrath from Pixabay

The penalties on 58,900 containers at the ports of Los Angeles and Long Beach are officially racking up charges. These containers were part of the 60,000 containers the ports alerted the ocean carriers last Monday to move or face a daily $100 penalty per container, increasing in $100 increments per...

Norfolk Southern and two rail unions, the Brotherhood of Locomotive Engineers and Trainmen (BLET) and the Transportation Division of the International Association of Sheet Metal, Air, Rail, and Transportation Workers (SMART-TD), are continuing to scuffle in court over two hot-button issues: the...

In an effort to gain more control over its supply chain, American Eagle Outfitters (NYSE: AEO) announced Tuesday it had acquired one of its logistics partners, Quiet Logistics, for $350 million in cash. Known for its 2015 spun-off company Locus Robotics, Quiet Logistics uses its large network of...

Transportation services provider Matson Inc. on Monday announced additional environmental sustainability goals.  The Honolulu-based company is aiming to reduce fleet-related greenhouse gas emissions by 40% by 2030 and reach net-zero fleet emissions by 2050. Matson's (NYSE: MATX) emissions targets...

Evidence is mounting that 2022 could be an annus horribilis for UPS Inc. shippers. Atlanta-based UPS (NYSE: UPS) said last week it will raise its 2022 U.S. tariff, or published, rates by 5.9%, effective the day after Christmas. However, the increase affects a small slice of UPS' customer base that...