Logistics

Canadian Pacific has a number of options it can pursue should the regulatory and market environments not be conducive to mergers and acquisitions, executives said during the railway's second-quarter 2021 earnings call on Wednesday.  Besides CP's "unique origin strengths" and shorter lengths of...

Despite the early-morning hour, 5:15 a.m. Thursday in the Netherlands, the Ever Given "arrived amid great interest," according to a Port of Rotterdam statement.  Normally a container ship's arrival in port does not warrant a press release. But the case of the Ever Given, which will be forever...

For 90 years, if you wanted the best pastrami sandwich in Los Angeles, you went to Canter's Deli. The delicatessen, now owned by the third generation of the Canter family, has been featured in numerous movies and television shows and has been named one of the 50 greatest food stores in the world....

Autonomous trucking software developer TuSimple will use some of Ryder System Inc.'s (NYSE: R) more than 500 maintenance terminals to stretch its supervised driverless freight network from Arizona to Florida by the end of the year. The addition of selected Ryder facilities in addition to TuSimple'...

Canadian bulk carrier Trimac Transportation announced Wednesday it has acquired technology-driven freight brokerage Zengistics Inc. Terms of the deal were not disclosed. "This is an exciting benchmark in our Trimac history and we are delighted to partner with such a dynamic team at Zengistics,"...

Aterian Investment Partners, a private investment firm, through its portfolio company Xpress Global Systems LLC, has acquired Delta Distribution/Michigan Carpet, a specialized flooring less-than-truckload company headquartered in Grand Rapids, Michigan.  The deal was announced Wednesday. No...

On today's episode, Dooner and The Dude are talking about how Schneider (NYSE: SNDR) is supporting professional driver Mitch Palmer's daughter, Krysta, a member of the U.S. diving team at the Tokyo Olympics. Andy Berke, BlueGrace Logistics' senior sales director, gets us up to speed on how its...

"Culture" has become a buzzword synonymous with impassioned mission statements and quirky office perks. In reality, culture goes far beyond ping pong tables and casual Fridays. When a company defines their culture, they are defining their values. That is why cultural fit is so important when...

Surge Transportation is the fastest growing 3PL in the logistics space today. Based in Chicago and Jacksonville, they offer unrestricted access to almost all accounts, limitless territory, and a chance to be a key player in a growing company. To find out more email [email protected]...

Most automakers rely on "just-in-time" manufacturing to optimize production. That model requires precise coordination throughout every link in the global supply chain. And that's where AIT Worldwide Logistics comes in. AIT's automotive logistics professionals are the experts at developing...

TFI International's dramatic improvement to the profitability of the former UPS Freight (NYSE: UPS) business came as the Canadian company began confronting the "low-hanging fruit" of the LTL carrier's unprofitable freight and shippers, CEO Alain Bedard said.  "We just scratched the surface,"...

June employment levels at the U.S. operations of the Class I railroads were roughly flat with May, growing 0.8% amid a 21% growth in U.S. rail volumes. Headcount at Class I U.S. rail operations totaled 115,931 employees in June, according to data submitted to the Surface Transportation Board. That...

UPS Inc. (NYSE: UPS) reported a 14% increase in second-quarter revenue to $23.4 billion, with adjusted operating income up 40.8% and diluted earnings per share up 43.7% to $3.05, 34 cents higher than the median estimates of analysts polled on Barchart. The gains were led by the Atlanta-based...

The FreightWaves Shipper of Choice award is presented in partnership with ArcBest and recognizes retailers, distributors and manufacturers that are keeping the U.S. economy moving by improving efficiency along the supply chain, providing accessible facilities and fighting driver detention. Among...

This episode of The Stockout is sponsored by NYSHEX. The New York Shipping Exchange (NYSHEX) is supporting the transformation of container shipping by solving inefficiencies associated with booking downfalls and shipment rollings. To learn more visit nyshex.com Who knew ice cream could be a...