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Vertical Cold Storage Buys Michigan Facility

Distribution center developer and operator Vertical Cold Storage purchased Arctic Logistics’ Canton, Mich., facility for an undisclosed sum at the start of April.

April 9, 2025
BusinessLogisticsPrivate

Thyssenkrupp Weighs Exit Options for Logistics Unit

Thyssenkrupp is exploring exit options for its materials trading unit that could be valued at as much as $2.2 billion in a deal, as the industrial conglomerate looks to streamline operations.

April 9, 2025
GovernmentBusinessTechnologySafetyLogisticsAutonomous

Ohio Truckers Land Wins in $11 Billion Transportation Budget

Ohio Gov. Mike DeWine signed a transportation bill allocating a two-year, $11 billion budget, including funds championed by the state trucking association, for new truck parking spaces.

April 9, 2025
GovernmentBusinessLogisticsPrivate

Walmart to Absorb Tariff Hikes to Keep Prices Low

As tariff-spooked shoppers begin pulling back on spending, Walmart is prepping for a worsening economy by using its massive footprint to keep prices low and hunt for ways to take market share.

April 9, 2025
GovernmentBusinessTechnologyFuelLogistics

US Exits Talks on Carbon Cutting Goal for Ships

The U.S. abandoned global talks aimed at cutting shipping’s carbon emissions and threatened to counter against any fees that the country’s merchant fleet incurs if the initiative proceeds.

April 9, 2025
BusinessTechnologyLogistics

Freight Marketplace Cargado Raises $12M to Expand Operations

Load board company Cargado gained $12 million through a recent funding round with the aim of bolstering its cross-border freight marketplace, the company announced April 7.

April 8, 2025
GovernmentBusinessTechnologyLogistics

Tariff Fears Drive Surge in Consumer Spending

Trump’s tariffs are rattling U.S. consumers, who are stocking up on everything from cars to olive oil and iPhones. The behavior offers some good news for scrambling businesses.

April 8, 2025
BusinessTechnologyLogisticsFor-Hire

UPS Targets LTL, E-Commerce With New Delivery Options

The logistics giant this week introduced UPS Ground Saver and UPS Ground with Freight Pricing, both part of a broader strategy to compete more aggressively in the evolving delivery market.

April 8, 2025
GovernmentBusinessSafetyLogistics

US Vows to Shield Panama Canal From China Threat

Pete Hegseth's visit comes amid tensions over President Trump’s assertions that the U.S. is being overcharged to use the Panama Canal and that China has influence over its operations.

April 8, 2025
BusinessLogistics

Patton Logistics Group Makes $10M Expansion in Virginia

The Patton Logistics Group announced a $10 million expansion in Virginia, which will add a 100,000-square-foot warehouse and distribution facility to the company’s footprint in the state.

April 8, 2025

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