Logistics

About Logistics News...

For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
 

Government, Business, Logistics

California Trucking Association Challenges New State Labor Law

The California Trucking Association has amended its 2018 independent contractor federal lawsuit to challenge a new state labor law that the association claims would prevent thousands of motor carriers from contracting with owner-operators.

Eric Miller | Senior Reporter
November 13, 2019
Business, Logistics, Top 100

Dean Foods Files for Chapter 11 Bankruptcy Reorganization

Top U.S. milk processor Dean Foods Co. filed for Chapter 11 bankruptcy and is in advanced talks with Dairy Farmers of America Inc. about a potential sale.

November 13, 2019
Business, Technology, Logistics

Al Gore’s Fund Leads $400 Million Deal With Convoy

In the four years since it was founded, Convoy Inc. has assembled a lineup of big-name investors that includes Bill Gates, Jeff Bezos and Marc Benioff. It’s adding one more to the list: Al Gore.

Emily Chasan | Bloomberg News
November 13, 2019
Government, Business, Logistics

Trade Battles With China Could Damage 1.47 Million US Jobs, Says Study

President Donald Trump’s long-running trade battle with China is putting nearly 1.47 million U.S. jobs at risk, according to a new study commissioned by the Port of Los Angeles and written by global consulting firm BST Associates.

Dan Ronan | Senior Reporter
November 12, 2019
Government, Business, Technology, Fuel, Logistics

Pemex Faces Payment Problems After Cyberattack Shut Down System

A ransomware attack that hit Mexico’s Petroleos Mexicanos is disrupting the company’s billing systems, according to people familiar with the situation.

Amy Stillman | Bloomberg News
November 12, 2019
Business, Logistics

IMC Acquires TransInternational System

IMC Cos. has acquired TransInternational System effective Oct. 18, the intermodal logistics company said in a news release.

November 12, 2019
Business, Technology, Logistics

Truck Delivery App Wins Saudi Funds to Expand in Middle East

Trukker, a digital marketplace for land freight based in the United Arab Emirates, has raised one of the largest initial rounds of capital for a startup in the region.

Farah Elbahrawy | Bloomberg News
November 12, 2019
Government, Business, Logistics

Connecticut Gov. Ned Lamont’s Transportation Plan Includes Tolls

Connecticut Gov. Ned Lamont has released a transportation plan that would be funded in part by electronic tolls.

Eleanor Lamb | Staff Reporter
November 8, 2019
Business, Logistics

Amazon Accused of Forcing Up Prices in Antitrust Complaint

In a letter sent to federal lawmakers, an online merchant has accused Amazon.com of forcing him and other sellers to use the company’s expensive logistics services, which in turn forces them to raise prices for consumers.

Spencer Soper | Bloomberg News
November 8, 2019
Business, Logistics, Top 50

Americold’s Net Income Climbs 10.6% in Q3

Americold Realty Trust, a global real estate company focused on temperature-controlled warehouses, said it grew its net income by 10.6% to $27.1 million in the quarter ended Sept. 30, over income of $24.5 million in the same quarter last year.

Jim Stinson | Staff Reporter
November 7, 2019