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Category: Freight News

Triten acquires XPO facility in sale-leaseback agreement

Triten Real Estate Partners (TREP) announced further expansion of its industrial service facility (ISF) portfolio with the off-market acquisition of a less-than-truckload (LTL) cross-dock facility in northwest Houston from XPO Logistics Inc. (NYSE: XPO). The 19,000-square-foot terminal with 59 doors sits on 7.8 acres, providing a trailer storage yard and parking. The facility is located

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Sales call role play for the win – Put That Coffee Down (with video)

On today’s episode, Dooner and Hill are talking all about sales call role-playing strategies to prepare your team for the win. Learn how to prepare for calls, write scripts, and pick perspectives and scenarios for your next (or first) role-play training session. They’re joined by special guests Carolina Muñoz and Ivan Moreno of HubTek. Plus,

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Schneider, Navistar and Volvo Trucks announce electric vehicle initiatives

Electric vehicle news came quickly on Wednesday, with three major industry players making important announcements, topped off by Schneider National’s (NYSE: SNDR) announcement that it will begin an electric-truck test program. Navistar and Volvo Trucks North America also chipped in with news that they will expand charging infrastructure and opportunities for ongoing projects. Schneider said

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CN, Wabtec appoint new chief technology officers

Class I Canadian railway CN (NYSE: CNI) and rail equipment manufacturer Wabtec (NYSE: WAB) each named new chief technology officers on Wednesday. Dominique Malenfant will join CN Tuesday as an executive vice president and chief information and technology officer. In his role, he will lead the development and deployment of advanced technologies and digitalization to

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3D printing Desktop Metal going public, eyes manufacturing shake-up

As many supply chain managers seek to better manage volatility in truck capacity and move supply chains closer to the end consumer, additive manufacturing, or 3D printing, has gained favor. In a Wednesday press release, Burlington, Massachusetts-based Desktop Metal Inc. announced plans to go public through a merger agreement with special purpose acquisition company (SPAC)

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Navistar delivers 5,000th LT Series tractor to J.B. Hunt

Just 3½ years after purchasing its first International LT Series on-highway tractor, J.B. Hunt Transport Services Inc. took delivery of its 5,000th, Navistar International Corp. said Tuesday. J.B. Hunt (NYSE: JBHT) has more LT Series vehicles in its fleet than any other company in the general freight segment, Navistar (NYSE: NAV) said. The Lisle, Illinois-based

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Warehouse picking robot startup XYZ raises $17 million

Massachusetts-based logistics robot startup XYZ Robotics has raised a Series A+ round of $17 million, led by Source Code Capital, Gaorong Capital and Morningside Capital. XYZ, which develops picking robots for warehouses, said the financing would help scale up research and development and bolster its operational capabilities. This funding round brings the company’s total investment

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Maritime History Notes: Beirut blast echoes Texas City catastrophe

On Aug. 4, Beirut experienced tremendous death and destruction when a notoriously dangerous cargo caught fire and exploded in the seaport. According to investigators, the cause of the devastation was 2,700 tons of ammonium nitrate stored in a port warehouse. The commodity arrived at the Port of Beirut in 2013 from the country of Georgia

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