MEI, Heavy-Hauling Specialist, Strengthens Presence in Southeast through Pro-Pac Deal
MEI Rigging & Crating has acquired Pro-Pac International and its affiliate J&J Machinery Transport, expanding its operations in the Southeast.
Incora, in Bankruptcy, Seeks to Retrieve Shipments from Resistant Supplier
Aerospace supply chain specialist Incora, which filed for bankruptcy in June, is facing difficulties with a resistant supplier, Appli-Tec.
Biden Administration's New Merger Guidelines Criticized as a 'War on Business’
Former Treasury Secretary Larry Summers criticized the US government's new rules on mergers and acquisitions, calling it a "war on business."
Possibility of UPS Strike Triggers Changes in Logistics Sector as Negotiations Continue
As negotiations between UPS and the Teamsters Union continue, the possibility of a strike is already having an impact on the logistics sector.
UPS Negotiations Resume as Shippers Hope for Resolution on Part-Time Employee Pay Issue
Negotiations between UPS and the Teamsters Union have resumed after a pause, bringing hope to UPS shippers.
U.S. Treasury Secretary Janet Yellen Highlights the Importance of Strengthening Ties with Vietnam
U.S. Treasury Secretary Janet Yellen emphasized the importance of strengthening economic and security ties with Vietnam during her visit to the country, as part of the United States' efforts to build relationships in Asia.
US Xpress Executives Assume New Positions within Knight-Swift
US Xpress executives have assumed new roles within Knight-Swift Transportation Holdings after the acquisition.
Sustainable Sourcing Visibility Identified as Key Supply Chain Risk, Urges Long-Term Strategies
According to industry experts, the lack of visibility into sustainable sourcing poses a significant risk in supply chains, pushing companies to prioritize suppliers with genuine sustainability practices.
UAW President Takes Aggressive Approach in Contract Talks with Detroit Automakers
United Auto Workers (UAW) President Shawn Fain is leading the union with a new, politically savvy strategy in contract negotiations with Detroit automakers.
Sennder and Poste Italiane Renew $2.5 Billion Joint Venture
Sennder, the German digital freight forwarder, has announced the renewal of its joint venture with Poste Italiane, Italy's postal operator.
Redwood acquires Rockfarm Supply Chain Solutions
Redwood Logistics has acquired Rockfarm Supply Chain Solutions and Global Distribution and Logistics, expanding its geographic reach and customer base.
Demand Shaping Strategies Extend from B2C to B2B
The adoption of demand sensing and shaping techniques, previously prevalent in the B2C sector, is now making its way into the B2B landscape, according to Sujit Singh, COO of Arkieva.
Wages for Part-Time Employees Cause Stalemate in UPS-Teamsters Contract Negotiations
The ongoing contract negotiations between UPS and the International Brotherhood of Teamsters have reached an impasse primarily due to differing proposals regarding part-time employee wages.
Volvo Cars Partners with Maersk's ECO Delivery Ocean Solution to Cut Greenhouse Gas Footprint
Swedish car manufacturer Volvo Cars have partnered with Maersk to decrease its global greenhouse gas (GHG) emissions from seaborne logistics.
Michigan and Daimler Collaborate on the 'Truck Stop of the Future’
Daimler Trucks and the state of Michigan are joining forces to create "The Truck Stop of the Future," a charging hub for commercial electric vehicles (EVs).
CPOs Strengthen Supplier Relationships to Achieve Cost and ESG Goals, Finds Report
CPOs face challenges in meeting cost plans due to inflation but are prioritizing operational efficiency, ESG initiatives, digital transformation, and cost reduction, according to a Deloitte survey.
CSX and CPKC Railroads to Enhance Southeast Traffic with Network Connection Investment
CSX and CPKC railroads have announced a partnership to strengthen a currently underutilized connection between their networks in the southeastern region of the United States.
Canadian Pacific Kansas City (CPKC) and CSX Corp. Acquire Rail Assets from Genesee & Wyoming
Canadian Pacific Kansas City (CPKC) and CSX Corp. have reached an agreement to purchase additional rail assets, creating a direct interchange connection between CPKC and CSX in Alabama.
Yellow Files Lawsuit Against Teamsters Over Contract Dispute
Yellow Corp. has filed a lawsuit against the International Brotherhood of Teamsters, accusing the union of breaching their contract, obstructing the company's restructuring plans, and endangering its operations to the point of potential asset liquidation.
Lordstown Motors' Bankruptcy Filing and Legal Battle with Foxconn over Funding Deal
Lordstown Motors, the struggling electric-truck maker, has filed for Chapter 11 bankruptcy protection and has initiated a lawsuit against Foxconn, accusing the Taiwanese manufacturer of breaching an agreement to provide additional funding.