Logistics

With 10 gigawatts of renewable energy globally, Amazon (NASDAQ: AMZN) just became the "largest corporate buyer of renewable energy" in the U.S. and the world.  In a race to get to net-zero emissions, meet sustainability targets and move away from fossil fuels, Amazon is on its way to meet its goal...

The Daily Dash is a quick look at what's happening in the freight ecosystem. In today's edition, we highlight a bill on Capitol Hill that could impact Amazon's (NASDAQ: AMZN) logistics business. We also look at Dynamo Ventures' latest funding round and more. The High Five 1. House lawmakers have...

To view more FreightWaves infographics, click here. Image by Pexels from Pixabay

Less-than-truckload carriers have quietly been using a high-demand, tight capacity environment to cull less profitable freight from their networks for months now. Most of the actions have included rate bumps and stricter enforcement of accessorials and detention fees in efforts to free themselves...

The Daily Dash is a quick look at what's happening in the freight ecosystem. In today's edition, we highlight an acquisition for Hirschbach Motor Lines, a new software platform for drayage shippers and more. The High Five 1. Refrigerated carrier Hirschbach Motor Lines has acquired Eagan,...

Day one of Amazon (NASDAQ: AMZN) Prime Day on Monday resulted in record sales, with online sales jumping 8.7% to $5.6 billion according to early data compiled by Adobe Analytics. With Walmart (NYSE: WMT), Target (NYSE: TGT), and others also offering special discounts this week to combat Amazon,...

On today's episode, Dooner and The Dude are talking about how Booster Fuels is providing fleets with fuel on demand. Uber Freight has a digital freight market update. Legend Transportation guides us on how to preserve relationships in a volatile market. ArdentX is providing therapy for its...

Multi-month container-ship charters continue to be signed at jaw-dropping rates above $100,000 per day. The market is getting even tighter, pushing charter rates and durations higher still. Even so, there's something to be said for shipowners taking a few chips off the table — and some are. To...

The Daily Dash is a quick look at what's happening in the freight ecosystem. In today's edition, we highlight the planned expansion of a regional parcel delivery carrier, ASG's acquisition of Trucker Tools and more. The High Five 1. Regional parcel delivery carrier Lone Star Overnight will expand...

Port Houston handled 288,127 twenty-foot equivalent units (TEUs) in May, a 30% increase compared to the same month in 2020. "Cargo means jobs," Ric Campo, chairman of the Port of Houston Authority, said at the port commission meeting Tuesday. "People need their stuff. Somebody's revenue is...

Canadian railways CN (NYSE: CNI) and Canadian Pacific (NYSE: CP) continue to make their case before regulators and the broader public about why each is the better company to acquire Kansas City Southern (NYSE: KSU). Regulators are accepting public comments on CN's proposed voting trust, which CN...

UPS Inc. (NYSE: UPS) has disclosed its delivery surcharges for the upcoming holiday delivery season, and very big shippers will not be pleased. The holiday surcharges, which kick in Oct. 31 and run until Jan. 15, will, as they did in the 2020-21 cycle, whack UPS shippers that tender the highest...

Regional parcel delivery carrier Lone Star Overnight (LSO) said it will expand its coverage area in early September by adding markets in Louisiana and Arkansas and launching service in Illinois, Missouri and Kansas. The announcement, which was posted last Wednesday on the company's website,...

A suspected drug-smuggling ring allegedly used tractor-trailers with secret compartments to truck millions of dollars of cocaine, methamphetamine and marijuana from Mexico and California to Canada before authorities took it down, police said Tuesday. Police seized $50 million worth of drugs and...

FedEx Freight (NYSE: FDX) is walking back its recent abrupt suspension of service to a portion of its customer base after ruffling feathers of key stakeholders that made known their displeasure, according to communications from the company and logistics industry executives. The measure, aimed at...