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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.
 

BusinessLogisticsTop 100

Wind Point Partners Acquires A&R Logistics

Wind Point Partners, a Chicago-based private equity investment firm, has acquired A&R Logistics and will partner with management to expand the company鈥檚 business and make additional acquisitions, according to a statement issued May 7.

May 8, 2019
BusinessLogistics

Teamsters Call for XPO Logistics to Separate Board Chairman, CEO Roles

Days before XPO Logistics Inc. plans to hold its annual shareholder meeting on May 15, the International Brotherhood of Teamsters is urging that the company鈥檚 board chairman be an independent director and that the chairman and CEO positions be split in two.

May 7, 2019
BusinessLogistics

Nestle US Unit to Cut 4,000 Jobs by Stopping Direct-to-Store Delivery

Nestle SA鈥檚 U.S. unit will lay off about 4,000 workers as it stops delivering frozen pizza and ice cream directly to stores and instead transitions to a warehouse model that鈥檚 becoming an industry standard for major food companies looking to trim costs.

May 7, 2019
BusinessLogistics

Amazon One-Day Shipping Lifts Startups Serving Retailer鈥檚 Competition

Amazon's pledge last month to pump $800 million into making next-day delivery the new standard upped the pressure on its brick-and-mortar rivals to spend more trying to catch up all over again.

May 7, 2019
GovernmentBusinessLogistics

China Prepares Retaliatory Tariffs as Chief Negotiator Heads to US

China鈥檚 top trade negotiator Liu He will travel to the United States this week for high-stakes talks as prospects dimmed for maintaining a fragile truce after President Donald Trump threatened to raise tariffs on Chinese goods starting May 10.

May 7, 2019
GovernmentBusinessLogistics

Mexico Border Delays Seen Weighing on US Investment, Factories

More cargo from Mexico to the United States is being held up at the border, accompanied by increasing evidence that such delays are dimming prospects for American companies.

May 7, 2019
GovernmentBusinessLogistics

Grain Markets Dive to 42-Year Low After Trump鈥檚 Trade Tweets

Soybean and corn futures slumped after tweets from Donald Trump that threaten an escalation of the U.S.-China trade war, frustrating battered American producers hoping for a quick resolution.

May 7, 2019
GovernmentBusinessLogistics

Trump鈥檚 Tariffs on Chinese Electric Cars Seen Likely to Last

With China bent on dominating the future of electric vehicles, President Donald Trump is likely to erect trade barriers targeting that technology in the form of stiff new tariffs that will have staying power, according to a consultant on the country鈥檚 auto market.

May 7, 2019
BusinessEquipmentLogistics

Ryder System Posts Robust First Quarter, Boosts Profit Forecast for 2019

Ryder System posted higher earnings and strong sales growth in its dedicated and supply chain solutions businesses for the first quarter of 2019.

May 3, 2019
BusinessLogistics

Universal Logistics Acquires Michael鈥檚 Cartage

Universal Logistics Holdings Inc., an asset-light transportation and logistics company, acquired Michael鈥檚 Cartage Inc., according to an April 22 news release. Terms were not disclosed.

May 3, 2019

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