While proceeds from Americold Logistics鈥 recent initial public offering are going mostly to pay off debt, executives say the move also will help kickstart growth for the Altanta-based warehouse operator by boosting its ability to pursue acquisitions and fund new e-commerce distribution, transportation and logistics services.
January 31, 2018GovernmentLogisticsTCA
West Virginia Transportation Secretary: Benefits of $2.8 Billion Road Plan Already Happening
West Virginia Transportation Secretary Tom Smith told state legislators Jan. 29 that West Virginia drivers are already beginning to notice road improvements as part of Gov. Jim Justice鈥檚 four-year, $2.8 billion 鈥淩oads to Prosperity鈥 program.
January 31, 2018GovernmentBusinessFuelLogistics
ATA Chairman Dave Manning: Decongested Roads Important as Economy Improves
The potential economic benefits of a long-term infrastructure funding proposal, and the impact a new tax law is having on certain businesses, reinforces a need for better freight connectivity nationwide, ATA Chairman Dave Manning said Jan 31.
January 31, 2018BusinessLogistics
ArcBest Ends 2017 With Strong Fourth Quarter
ArcBest Corp. ended the year with a strong fourth quarter because of better less-than-truckload pricing and lower expenses than one year ago.
January 31, 2018BusinessLogisticsTCA
FedEx Freight Enlists Industry Effort to Train Drivers to Combat Human Trafficking
FedEx Freight is joining forces with Truckers Against Trafficking to train drivers to help fight human trafficking.
January 30, 2018BusinessTechnologyEquipmentLogistics
Sequoia Capital Leads Group Pumping in Cash to Startup Next Trucking
Next Trucking has received $21 million in a round of financing led by Sequoia Capital, the freight marketplace startup announced Jan. 30.
January 30, 2018BusinessTechnologyLogisticsAutonomous
The Robot Delivery Vans Are Here
The future of driverless driving looks like a giant toaster with a funny hat.
January 30, 2018LogisticsPerspective
Opinion: For Logistics, It鈥檚 Data or Else
Amazon鈥檚 ongoing effort to build a fleet of air, road and sea vehicles should set off warning alarms for traditional logistics companies; the company has a 40-strong fleet of aircraft, has registered for a license for sea freight and holds a patent for a futuristic, high-speed subterranean urban delivery system.
January 30, 2018GovernmentBusinessLogistics
Europe to Trump: If You Want a Trade War, You鈥檒l Get One
The European Union gave President Donald Trump a fresh warning about any U.S. curbs on imports from Europe by pledging rapid retaliation, highlighting the persistent risk of a trans-Atlantic trade war.
January 29, 2018GovernmentBusinessLogistics
US Says 鈥楽ome Progress鈥 Was Made at Latest NAFTA Talks
The U.S., Canada and Mexico said they鈥檝e made some progress in the latest round of NAFTA talks, while America鈥檚 trade chief warned he鈥檇 like negotiations to speed up.
January 29, 2018