Third-party logistics provider Kenco Logistics said Thursday that it has opened a 397,000-square-foot distribution center in Perris, California, that is designed to house multiple tenants. The facility is on Kenco’s existing Southern California campus in Perris, according to the Chattanooga,…
Large trucks are involved in one-third of all fatal crashes in work zones, according to the Federal Motor Carrier Safety Administration (FMCSA). The agency issued a press release last week detailing its findings, and urging drivers to stay alert, obey…
Volume categories such as grain and intermodal helped U.S. rail traffic near pre-pandemic levels in April, according to the Association of American Railroads (AAR). For the month, rail volumes totaled 2.13 million carloads and intermodal units, a 29.1% increase from…
Executives from Lyft (NYSE: LYFT) and Uber (NYSE: UBER) were under the microscope this week during their Q1 analyst earnings calls, and while they struck diplomatic tones around the regulatory environment surrounding gig workers, other stakeholders did not hold back.…
CognitOps, a software company that specializes in AI-based warehouse management applications, announced on Thursday it has raised $11 million in a Series A round led by FirstMark Capital. Past investors participated in the round, including Chicago Ventures, Schematic Ventures, Haystack…
To learn more about FMCSA OFF-Site Audits , click here.
While quarter-over-quarter revenue dropped, Wayfair (NYSE: W) nonetheless exceeded analysts’ expectations when it announced Q1 2021 earnings Thursday morning. The e-commerce firm reported revenue of $3.5 billion, up 49.2% year-over-year from Q1 2020’s $2.4 billion. Quarter-over-quarter, though, Wayfair reported a…
A coalition of trucking companies filed a petition on Monday to force an Indianapolis-based freight brokerage into Chapter 7 bankruptcy proceedings for unpaid transportation services. The involuntary Chapter 7 bankruptcy petition, filed in U.S. Bankruptcy Court for the Southern District…
While the South has been soaked with heavy rain and flash flooding this week, portions of the northern Plains and Midwest have remained bone dry. Related: Grass fire smoke shuts down North Dakota highway Wildfire risk Mother Nature won’t be…
Scale AI, a startup providing the infrastructure for AI applications headquartered in San Francisco, recently announced it had raised $325 million in a Series E funding round co-led by Dragoneer, Greenoaks Capital and Tiger Global. The company has raised more…
Recent Comments