Volvo Group lost about a month of truck production in Q2 because of the semiconductor shortage. But it still posted solid results as orders and deliveries soared compared with the pandemic-impacted year-ago quarter. Sweden-based Volvo (OTC: VLVLY) made no mention…
Surge Transportation is the fastest growing 3PL in the logistics space today. Based in Chicago and Jacksonville, they offer unrestricted access to almost all accounts, limitless territory, and a chance to be a key player in a growing company. To…
Kuehne + Nagel, the second-largest logistics provider in the world, on Tuesday said a huge surge in air and ocean shipments propelled earnings to new highs in the second quarter. The company generated 605 million Swiss francs (CHF) ($623 million)…
It’s going to be tough to match the stress the 2020 holiday shopping season put on the parcel delivery network, but continued COVID-19 spread and lack of capacity in freight networks could lead to shippers being out of luck again…
Last week, Interstate 16 (I-16) was closed in both directions between Exit 71 and Exit 78 following extensive damage to an overpass in Treutlen County. Early on the morning of July 15, a large dump trailer crashed into that bridge…
Headless commerce platform Fabric on Tuesday announced the closing of a $100 million Series B funding round led by Stripes, with additional participation from B Capital Group, Greycroft and existing investors including Norwest Venture Partners, Redpoint Ventures and Sierra Ventures.…
While quadrupling revenue and tripling its enterprise customers over the last few years, the transportation solutions provider Transfix has brought on elite executives, like recent hire WeWork’s Christian Lee, to help manage the company’s growth strategy. Transfix continued to add…
Midwest Carriers announced Tuesday that it recently acquired refrigerated hauler Osborn & Son Trucking. Fond du Lac, Wisconsin-based Osborn & Son operates a fleet of 21 tractors and 60 trailers out of its consolidation facilities in New Jersey and Illinois.…
An increase in loaded imports, along with volume growth for empty export boxes, contributed to the Port of Virginia achieving record cargo volumes for its fiscal year 2021, which ran from July 1, 2020, through June 30. The port handled…
As consumers become more willing to open up their wallets and e-commerce continues to surge, acquiring warehouse space near customers is more important than ever. Space is also more expensive than ever. In an environment where everyone is scrambling to…
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