Cold storage market working off oversupply
Temperature-controlled warehouse operator Lineage said the market is shaking off the effects of excessive facility construction and post-pandemic inventory des...
Latest Shipping & Logistics News
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FedEx invests $250M for dedicated parcel hub at new Mumbai airport
FedEx is investing about $250 million in the development of its own dedicated cargo processing facility at a new second airport in Mumbai, India. Developers...
Intermodal union, BNSF in new pact
BNSF Railway said it has reached a new five-year, collective bargaining agreement with members of the Transportation Communications Union/IAM (TCU) intermodal g...
Cartel violence disrupts Mexico trade corridors, but freight still moving
A deadly military operation targeting the leadership of the Jalisco New Generation Cartel (CJNG) has rattled western Mexico’s logistics network, disrupting po...
Project44 hits milestone with positive cash flow, 48% Q4 ARR growth
FreightTech leader project44 announced its first quarter of positive Operating Free Cash Flow on Tuesday, capping a strong fiscal year 2026 (FY26) marked by rob...
DHL prioritizes own cargo jets for pharmaceuticals transport
Global logistics powerhouse DHL is reducing reliance on third-party carriers and commercial airlines in favor of its own freighter aircraft to improve service a...
Panama wrests control of Canal terminals from China operator
Panama on Monday took over operations of container terminals at the Panama Canal, ending more than three decades of management by China.Hong Kong-based CK Hutch...
The driver involved in the 10-fatality Alabama crash is back in business and still crashing
On June 19, 2021, at 2:21 in the afternoon, a Tallapoosa County Girls Ranch van carrying eight children, ages 4 to 17, returning from a vacation, was struck by ...
Cando, Savage Rail in far-reaching crossborder rail deal
Cando Rail & Terminals agreed to acquire the Savage Rail subsidiary of Savage Enterprises LLC in a deal that will create an extensive cross-border rail services...
27 inches of snow closes Maersk, other New York-New Jersey terminals
Vessel operations remain suspended at container terminals at the Port of New York-New Jersey following a storm that dropped more than two feet of snow on the bu...
Velocity Vehicles debt rating slashed for 2nd time in 3 months
(Editor’s note: an earlier reference to certain financial obligations has been removed from this version of the article. Velocity Vehicles no longer has those...
AscendTMS makes its first acquisition of another TMS provider
AscendTMS, one of the leading suppliers of transportation management systems to small to medium businesses (SMBs), has made its first acquisition.InMotion Globa...