Ceva Logistics’ board of directors has recommended that shareholders reject a tender offer from CMA CGM to buy all of the publicly held shares of stock in the Swiss company, saying the price of 30 Swiss francs per share is too low.
January 29, 2019Search
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UPS Expands Keyless Apartment-Building Entry That Started in NYC
United Parcel Service Inc. is expanding a keyless-entry system for package deliveries at apartment buildings after a successful test in New York and San Francisco.
January 22, 2019J.B. Hunt Moves Aggressively Into Final-Mile Sector With Purchase
In an effort to strengthen its position in the growing final-mile trucking sector, J.B. Hunt on Jan. 8 announced it is purchasing Cory 1st Choice 91ÊÓÆµ Delivery for $100 million.
January 9, 2019Fleets Reap Riches by Expanding Into Last-Mile Service
Truck driver Justin Osborne pulled up to a house in the Dallas suburbs last month and started unloading an oven, a dishwasher and a microwave. His mission: Help J.B. Hunt Transport Services Inc. win the battle for new delivery riches spurred by e-commerce.
January 9, 2019Trucking Industry Expected to See Slower Growth in 2019
After a 2018 that saw record-setting levels of freight-hauling demand and driver pay as tonnage levels reached a 20-year high, the trucking industry is expected to remain strong in 2019 but undergo a bit of a cool-down, economists say.
January 7, 2019Holiday Shipping Deadlines for Amazon, USPS, UPS, FedEx
Procrastinators take note: The deadline is fast approaching to get those gifts in the mail to arrive by Christmas Eve.
December 13, 2018Online Holiday Shopping Expected to Logjam Delivery
Delivery companies are warning shoppers to send holiday gifts and make online purchases within the next 10 days as a record number of packages are expected to be delivered.
December 10, 2018Kuehne + Nagel Continues Acquisition Strategy, Buys Quick International Courier
Swiss freight forwarder Kuehne + Nagel International AG has purchased Quick International Courier, a leading provider of time-critical transportation services, from The Jordan Co., an investment firm that has been on a logistics buying spree over the past couple of years.
November 28, 2018Increase in Online Shopping Could Lead to Package Delays
Area shoppers will want to purchase their holiday gifts earlier this year, as a major jump in online holiday shopping could complicate the delivery system.
November 19, 2018Hub Group to Acquire Retail Consolidation Specialist CaseStack
Hub Group has agreed to acquire CaseStack Inc. for $255 million as part of a strategy to expand and diversify its transportation service offerings.
November 6, 2018