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Logistics in $1.5 Billion Deal

Feb 24,2021

Kuehne + Nagel International AG has agreed to acquire Apex International Corp. in a deal that values the freight forwarder at about $1.5 billion, according to people familiar with the matter. The S

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US Steps Up Heat on Container Carriers to Ease Port Congestion

Feb 22,2021

U.S. regulators stepped up the heat on ocean shipping companies and the seaport terminals some of them operate, seeking to smooth the disrupted flow of containers that are swamping America’s biggest

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Trucking associations question new Covid-19 requirements at border

Feb 22,2021

Canadian trucking associations are pushing back against plans to require border-crossing truck drivers to submit contact information and travel details through the ArriveCAN app, as well as any propos

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Ryder Reports Q4 Improved Earnings

Feb 18,2021

Ryder System Inc. on Feb. 11 reported fourth-quarter net income of $25.6 million, or 48 cents per share, compared with a loss of $53.5 million, or loss of $1.02, in the same period a year ago. The

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Saskatchewan rest areas lacking adequate services.

Feb 18,2021

Half of commercial drivers in Saskatchewan feel the condition of rest stops and pullouts in the province are of very low to low quality, while the other 50% say they are in neither high or low conditi

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Scanning Every Vehicle Could Cause Border Backups

Feb 18,2021

A new U.S. law signed Jan. 5 requires every vehicle, truck and freight train that crosses into the United States from Mexico or Canada to be scanned and inspected at ports of entry with X-ray or simil

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Forward Air Revenue Increased While Income Declined for Q4

Feb 13,2021

Forward Air Corp. reported record fourth-quarter revenue but a decline in net income. The Greeneville, Tenn., ground transportation and logistics services company on Feb. 11 posted net income from

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Werner Reports Net Income Increased 25% to $60.6M for Q4

Feb 10,2021

The Omaha, Neb.-based freight carrier and logistics company posted net income of $60.6 million, or 88 cents a diluted share, for the three months ending Dec. 31. That represents a 25% increase from $4

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Shipping Companies Look at Sailing Away From Choked Southern California Gateways

Feb 10,2021

Some container lines and their importing customers are looking for alternate paths to get around bottlenecks at the main U.S. trade gateways in Southern California, where an armada of cargo vessels is

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C.R. England Files RICO Lawsuit in New Orleans Staged Accident

Feb 10,2021

Utah-based motor carrier C.R. England on Feb. 9 filed a sweeping federal Racketeer Influenced and Corrupt Organization Act, or RICO, civil lawsuit alleging that a New Orleans law firm and six co-consp

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