
Daily Infographic: Filling up
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Ocean freight consolidators and forwarders have taken comfort in less-than-container-load (LCL) volumes and services in the U.S. trans-Atlantic trades, despite the ongoing economic headwinds caused by the coronavirus pandemic. In recent months, more American and European shippers have turned to LCL services as a cheaper alternative to air freight and a way to counter ocean
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
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,
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
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
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)
In the Carrier Update presented by PowerFleet, Zach Strickland notes a decrease in tender rejections, and in the Rail and Intermodal Update, Mike Baudendistel talks with Anthony Smith about long-haul capacity. FreightWaves
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
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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