A.P. Moller – Maersk further bolstered its position in the e-commerce space on Friday when it announced the acquisition of Visible Supply Chain Management (Visible SCM), a U.S.-based business-to-consumer, e-commerce logistics and parcel delivery company. Denmark-headquartered Maersk said the acquisition…
Shipping and package volume moved by the U.S. Postal Service declined by 14.1% year-on-year in its fiscal year 2021 third quarter as a surge in demand for package delivery services began to slow, the quasi-governmental agency said Friday. Revenue for…
Trucking, logistics and airfreight companies are collectively owed hundreds of thousands of dollars after a Texas freight forwarder filed Chapter 11 bankruptcy earlier this week. Atlantic Worldwide Shipping LLC of Houston filed its petition in the U.S. Bankruptcy Court for…
Every Friday, FreightWaves takes a look at the past week or so in social media, highlighting trucking, transportation and weather. This week features a Colorado highway washed out by a major mudslide, a trucker who misjudged floodwaters, a wildfire that…
Tristan Schelvan is learning firsthand the challenges the trucking industry faces as he works his way through college. “I want to use my education and experience to make an impact in the trucking industry’s future,” he said. “I want to…
U.S. rail traffic in July continued to be higher than July 2020, but that growth appeared to be moderating. The U.S. operations of the Class I railroads hauled 1.97 million carloads and intermodal units in July, a 3.8% increase year-over-year.…
Air Transport Services Group said Thursday it will begin procuring Airbus A330 passenger jets and convert them into freighters as part of a broader strategy to expand its leasing business in support of express network operators that need bigger fleets…
FreightWaves regularly covers the six startups pursuing Level 4 high autonomy on the road. This week, we’re looking at autonomy from a different perspective. What happens when those trailers get to their destinations? Getting hitched The 10 billion tons of…
Amit Mehrotra of Deutsche Bank joined host John Kingston for the Drilling Deep podcast to talk about the just-completed earnings season. A few companies are on his discussion list: Saia (NASDAQ: SAIA), Old Dominion Freight (NASDAQ: ODFL) and Kansas City…
Like many fleet owners, Rick Larkin wants and needs more drivers. With two pay raises so far in 2021, he is willing to put his money where his mouth is. But Larkin, president of truckload carrier BCB Transport LLC, is…
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