Alphabet’s Drone Delivery Business Cleared for Takeoff by FAA
An offshoot of Alphabet Inc.’s Google has become the first drone operator to receive government approval as an airline, an important step that gives it the legal authority to begin dropping products to actual customers.
April 23, 2019Cameron Ramsdell to Lead Newly Formed U.S. Xpress Ventures
U.S. Xpress Enterprises Inc. announced it established U.S. Xpress Ventures, a business unit focused on developing and implementing new asset-based business models and technology strategies within the company. It named Cameron Ramsdell president of the new unit.
April 23, 2019Celadon Sells Logistics Group, Hopes for Financial Reporting in Fall
Celadon Group Inc. is selling its Celadon Logistics brokerage and third-party logistics subsidiary in a $60 million deal that helps advance the Indianapolis-based company’s plan to shore up its business in the wake of accounting troubles that date back several years.
April 22, 2019Heartland Express Continues to Post Profit Improvement
Heartland Express Inc. reported another quarter of profit improvement despite a weakening freight environment and bad weather in the first quarter of 2019.
April 22, 2019Convoy Launches Go Marketplace for Preloaded Trailers
Convoy, a trucking network and platform based in Seattle, launched Convoy Go, a marketplace that allows any carrier or owner-operator in the United States to start hauling preloaded trailers and to operate at the same level as large asset-based carriers, according to a company news release April 18.
April 22, 2019Roadrunner Board Nominates Donald Brown, Christopher Jamroz
Roadrunner Transportation Systems Inc.’s board of directors has nominated Donald Brown and Christopher Jamroz for election to the board at its annual meeting to be held May 22.
April 22, 2019Investors Pour More Money Into Warehouse Tech Startups
Flowspace, a technology firm that helps businesses manage warehousing and fulfillment services, received $12 million in funding from an investment group led by Canvas Ventures.
April 18, 2019Transport Topics Wins Eight Regional Azbee Awards
WASHINGTON — Transport Topics collected honors in eight categories, including a gold award for its coverage of the 2018 Management Conference & Exhibition, as the American Society of Business Publication Editors handed out its 2019 Mid-Atlantic Azbee Awards on April 17.
April 17, 2019Army Corps of Engineers Takes Heat in Wake of Missouri River Flooding
The federal agency that manages dams along the Missouri River received stern criticism from several U.S. senators earlier this month during a hearing held to examine the massive flooding that caused more than $3 billion in damage in the Midwest.
April 17, 2019Amazon Is Said to Prepare Closing of Chinese E-Commerce Store
Amazon.com is preparing to close a Chinese online store that caters to mainland consumers, according to sources familiar with the matter.
April 17, 2019