Mexican behemoth Fomento Economico Mexicano has agreed to sell logistics operations to Mexican trucking firm Grupo Traxion for $205 million as the conglomerate continues to shed assets.
October 11, 2024Search
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DOD Marches on With $17.9 Billion Moving Contract
Despite continuing concerns voiced by some large movers, military officials are advancing efforts toward interstate implementation of the $17.9 billion Global Household Goods contract.
October 10, 2024REPLAY: Transforming Fleet Safety With Onboard Video and AI Insights
Onboard video and AI-enabled analytics are transforming trucking by improving driver performance, safety, and satisfaction. When paired with effective coaching, these technologies boost efficiency and reward top performers. Join John Elliott, Load One’s founder, and Seth Clevenger as they discuss the impact of in-cab technology on fleet safety and operations.
October 10, 2024NMFTA Launches Benchmarking Program for LTL Industry
On Oct. 1, the National Motor Freight Traffic Association held its first meeting for a new benchmarking group aimed at boosting efficiency through shared insights.
October 10, 2024Experts Predict Busy but Similar Peak Shipping Season
As holiday shoppers gear up for an earlier start to the season, transportation experts predict a bustling peak period that mirrors last year’s activity.
October 10, 2024WTO Predicts 3% Rise in Merchandise Trade in 2025
Global goods trade in 2025 will grow less then initially forecast, the World Trade Organization said, as rising instability weighs on economic activity and threatens to disrupt shipping.
October 10, 2024River Horse Logistics Purchases 3PL Lynx Logistics
River Horse Logistics will buy third-party logistics provider Lynx Logistics for an undisclosed sum, the companies said.
October 9, 2024Amazon Unveils AI Tool to Help Drivers Find Packages Faster
Amazon.com Inc. unveiled a new artificial intelligence tool designed to help drivers locate packages in cluttered vans.
October 9, 2024Hub Group: Easo Deal Forms Largest US-Mexico Intermodal Firm
Hub Group will team up with Mexico City-based Easo in a cross-border and intermodal joint venture, the companies said Oct. 8.
October 9, 2024Maersk, Hapag-Lloyd Expect Red Sea to Be Unsafe Into 2025
A.P. Moller Maersk and Hapag-Lloyd plan to begin their partnership sailing south of Africa, indicating they expect the Red Sea to remain unsafe well into 2025.
October 9, 2024