Following the release of positive public feedback for drone delivery in Christiansburg, Virginia, Alphabet’s (NASDAQ: GOOGL) drone division, Wing Aviation, is requesting federal approval to operate drone flights from a remote location. According to a petition published in the Federal…
The logistics arm of e-commerce giant Alibaba Group has contracted with Suparna Airlines to operate daily dedicated cargo flights between Singapore and Hainan province in China to support Hainan’s emergence as a duty-free shopping hub and growing e-commerce orders. The…
The CEO of TFI International (NYSE:TFII) hinted on Wednesday that the Canadian trucking and logistics company may be pursuing closer ties with UPS (NYSE:UPS) beyond the $800 million acquisition of its less-than-truckload division, UPS Freight. “Don’t forget this discussion that…
Management from less-than-truckload carrier Saia (NASDAQ: SAIA) said they “look forward to delivering a strong second quarter” on a Wednesday call with analysts. Strong freight demand led the company to record first-quarter results and the trend has continued thus far…
An injunction that stopped the California trucking industry from coming under AB5, the state’s law governing the use of independent contractors, has been overturned. A three-judge panel in the U.S. Court of Appeals for the 9th Circuit, in a 2-1…
Logixboard, a white-label platform for freight forwarders, has announced it has closed a $13 million Series A investment led by Redpoint Ventures, including continued investment from Social Leverage, F-Prime Capital Partners and Founders Co-op. The company has raised a total…
Many supply chain companies are setting net-zero emissions goals for 2050 or sooner to lessen the transportation industry’s greenhouse gas (GHG) emissions. How will companies get to net-zero? Implementing aggressive emission-reduction strategies and adopting green technologies are great tactics, but…
The U.S. agriculture industry is pressuring the Department of Transportation for immediate intervention in foreign-owned carriers’ denial of U.S. ag exports in favor of sending back empty containers to be filled with Chinese exports. In a letter sent to Secretary…
David Parker is the CEO of Covenant Logistics (NASDAQ: CVLG), and he was blunt with analysts who follow the company on its earnings call Tuesday. “How do we get enough drivers?” he said in response to a question from Stephens…
The e-commerce boom of 2020 is continuing into 2021 and one of the first major e-tailers to announce Q1 earnings is confirming that. Shopify (NYSE: SHOP) reported total revenue in Q1 of $988.6 million, 110% growth year-over-year, powered by a…
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