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Albertsons Struggles With Rising Labor, Logistics Costs

Albertsons Cos. is wrestling with higher labor and logistics costs as it seeks to cash in on surging sales.

January 11, 2022

Walmart to Hire 3,000 Drivers to Expand In-91ÊÓÆµ Delivery

Walmart Inc. is betting big on its service to deliver groceries directly into customers’ refrigerators with an expansion of its In91ÊÓÆµ delivery option, and will hire 3,000 drivers to support it.

January 5, 2022

More Trucking Acquisitions Ahead for 2022

The trucking industry experienced a surge in acquisitions during the past year, with more expected to occur in 2022.

December 27, 2021

UPS to Buy $1.5 Billion of Boeing Freighters as Air Cargo Booms

UPS Inc. agreed to buy 19 Boeing Co. freighter jets as soaring e-commerce and snarled shipping lines lead to a boom in air-cargo demand.

December 21, 2021

BrightDrop Delivers First Electric Vans to FedEx

BrightDrop, General Motors Co.’s new electric delivery and logistics business, has delivered the first five vans of an order of 500 to FedEx Corp., the company said Dec. 17.

December 17, 2021

FedEx Surges After Higher Rates Boost Profit, Ease Labor Worries

FedEx Corp. rode increased prices to post profit above analysts’ estimates, bolstering the company’s outlook and easing investor concerns over higher labor U.S. costs. The shares rose in late trading.

December 16, 2021

FedEx Invests $72 Million in Miami Airport Cargo Hub

FedEx Corp. began operations Dec. 15 at its substantially bigger air cargo hub at Miami International Airport. The $72 million addition, two years under development and roughly the size of two football fields, doubles the hub’s size to 282,000 square feet.

December 16, 2021

Forward Air Announces General Rate Increase

Forward Air Corp. announced a general rate increase of 7.9%, applicable to rates established under existing tariffs effective Feb. 1.

December 9, 2021

McLane Names Chris Smith to Lead Grocery Unit

McLane Co. Inc. announced Chris Smith joined the company as president of McLane Grocery, a $33 billion business unit that provides supply chain service to more than 70,000 retail locations.

December 3, 2021

Trucking Cares Foundation Tackles Workforce Efforts and More

The Trucking Cares Foundation is exploring ways it can help remedy the extended shortage of truck drivers, technicians and warehouse workers in transportation.

December 2, 2021