Hapag-Lloyd has doubled its container ship order, commissioning a South Korean shipyard to build six more mega-vessels. Each of the container ships will have a capacity of more than 23,500 twenty-foot equivalent units (TEUs). That’s the same size as the…
At 168 years old, Levi Strauss & Co. (NYSE: LEVI) has some knowledge about its customers. But that knowledge was put to the test in 2020 as the pandemic took hold and consumers shifted buying strategies. Liz O’Neill, executive vice…
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…
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…
Land and ferry border crossings between the United States, Canada and Mexico will remain closed to nonessential travel until at least July 21. U.S. Homeland Security (DHS) announced the border closure extension Monday. Commercial trucks will continue to move freely…
Rideshare and delivery drivers hustle to make money, but it can come at a cost – and it could be their lives. For most on-demand drivers, the person or people they are picking up, or the address they are delivering…
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…
ASG announced Tuesday that it has acquired digital freight management platform Trucker Tools. The business sold for $65 million according to Pitchbook data compiled from the SEC. ASG buys, builds and operates vertical software-as-a-service (SaaS) companies as a portfolio company…
The owners of three purported Georgia-based trucking companies are facing wire fraud and theft of government property charges after federal prosecutors claim the couple set up shell companies to obtain $364,200 in funds through the U.S. Small Business Administration’s Paycheck…
By Omar Singh, president and founder, Surge Transportation Do you remember studying something in school and asking yourself or your teacher, “When am I ever going to use this?” Well I asked that once of a professor when talking about…
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