Timber haulers who took a hit from the COVID-19 pandemic are eligible for up to $125,000 from a pot of $200 million made available by the federal government. The funding package announced this week by the U.S. Department of Agriculture…
Instacart is moving beyond the store with plans to open robotic fulfillment centers for grocers to handle online orders. The grocery delivery company has announced that Fabric will provide the software and robotics for the facilities, which will start rolling…
Fusion Logistics Inc. recently laid off 303 employees and permanently closed several Texas facilities, according to a notice sent to state officials Monday. The affected employees worked at locations in Houston, as well as the cities of Farmers Branch, Garland,…
Flat-rate shipping firm Sendle has announced a partnership with GLS Group to handle last-mile parcel deliveries in eight Western states. GLS offers parcel, less-than-truckload and truckload transportation solutions in Europe and the Western U.S. The agreement will enable e-commerce sellers…
Union Pacific’s net profit for the second quarter of 2021 rose by 59% from a year ago to $1.8 billion amid a 30% increase in operating revenue. Second-quarter net income was $1.8 billion, or $2.72 per diluted share, compared with…
The Bootleg fire is the largest in the country and is just one of dozens of large wildfires burning out West. As of Wednesday evening, the Bootleg fire had merged with the nearby Log fire and was scorching almost 400,000…
This is a developing story. More details to come. Uber Freight announced it will acquire Transplace for $2.25 billion — an acquisition that “will create one of the leading logistics technology platforms, with one of the largest and most comprehensive…
This summer is shaping up to deliver a very strong season for produce. With capacity as tight as it is now, many industry leaders are speculating that any difficulty in sourcing refrigerated trailers may impact the dry van segment as…
On July 7, Energy Fuels Inc. made its first regular shipment of a rare earth carbonate called monazite from the United States to Europe. The metal started in a mine in southern Georgia, then was shipped to a Utah processing…
Covenant Logistics Group (NASDAQ: CVLG) reported adjusted second-quarter earnings of 96 cents per share after the close Wednesday, ahead of the consensus estimate of 67 cents per share. Adjusted net income was $16.3 million compared to just north of $400,000…
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