XPO Logistics Inc. has appointed Drew Wilkerson to be the CEO for the planned spin-off of its tech-enabled brokers services platform.Wilkerson will transition to the CEO role with the spin off, which the company expects to complete in the fourth quarter of this year. XPO intends to spin off its…

Barber Partners LLC, a commercial real estate developer, and Bain Capital’s Special Situations strategy (“Bain Capital”) today announced the formation of a national programmatic joint venture targeting the development of approximately 15 Class-A, state-of-the-art cold storage warehouse projects under the Chill Storage brand. The joint venture launches with the objective…

The global supply chain has monumental repercussions on the environment, causing long-term damage to ecosystems and generating record-breaking greenhouse gas emissions. But some of the world’s largest shipping companies are studying methods to reduce the footprint of their operations: Growth + Change = Opportunity! How are you going to capitalize…

Alpine Air Express, Inc., a leading regional air cargo carrier providing critical air infrastructure supporting a wide range of integrated logistics operations throughout North America, announced that it has acquired Suburban Air Freight Inc. Headquartered in Provo, Utah, Alpine is a leading Part-135 air cargo operator with a long and…

WestJet Cargo took delivery of the first of four Boeing Converted Freighters (B737-800BCF) via lease from BBAM Limited Partnership (BBAM). WestJet Cargo is the first operator in Canada to operate the B737-800BCF and the second airline in the country with a Boeing 737-800 freighter.WestJet is entering a Canadian air cargo…

Groups representing truckers, ocean carriers, terminal operators, longshore workers and other port-related businesses, many of them union-organized, argue in one of the suits that the city shouldn’t have approved the environmental impact report for the Oakland Waterfront Ballpark District Project. A $12 billion plan by the Oakland Athletics to build…

Expensive diesel prices nationwide are causing private truckers to adjust in order to continue. While most Americans are gasping at gas prices, truckers are dealing with the price of diesel. Diesel, which cost less than $4 per gallon last month, has jumped to a record high of more than $5…

Vermont is joining Kansas, Maryland, Maine, New Hampshire, Virginia, and Utah among states piloting expedited inspections with Drivewyze – making it possible to directly transmit electronic logging device (ELD) data when a truck is selected for an inspection. According to Brian Heath, President, and CEO of Drivewyze, interest and now…

Air Transport: Air Transport Services Group, Inc. (Nasdaq: ATSG), the world’s largest owner and operator of converted Boeing 767 aircraft, announced today that its leasing subsidiary Cargo Aircraft Management has placed a second order with Boeing (NYSE: BA) for the conversion of four CAM-owned 767-300 aircraft into Boeing Converted Freighters…

Hydrogen alternatives: CERAWeek, one of the largest and most influential global energy forums, kicked off on Monday.  Global energy markets remain volatile and uncertain, the organizers said in a statement, noting that “rising geopolitical tensions and nationalism, growing trade friction, supply chain bottlenecks, economic headwinds, and the pandemic” are complicating…

The Minneapolis-based retailer Target Corp.is seeking to extend its growth push after closing out 2021 with record-high revenue. Speaking at its annual investor meeting in New York, said its plans for the year include 30 new stores — ranging from urban locations like New York’s Times Square to midsize stores…

U.S. intermodal transports, in which railroads carry containers and truck trailers, were down nearly 12% in the first six weeks of this year from a year ago, according to the Association of American Railroads, after tumbling in the second half of last year even as retailers and manufacturers rushed to…

San Francisco-based freight forwarding and customs brokerage services provider Flexport heralded a $935 million Series E investment round, with this round bringing its post-money valuation to more than $8 billion. The raise follows years of uninterrupted growth for the company, particularly in the last twelve months, with Flexport’s revenue more…

A.P. Moller – Maersk announces the intended acquisition of Pilot Freight Services (Pilot), a leading U.S.-based first, middle and last mile as well as border crossing solutions provider, specializing in the big and bulky freight segment in North America for B2C and B2B distribution models, from ATL Partners, a sector-focused…

Trucking regulators have issued new guidance that strips away confusion over CDL testing standards and could help deploy entry-level drivers faster. The Federal Motor Carrier Safety Administration is amending its regulatory guidance to clarify that the regulations do not prohibit third-party testers from administering the commercial driver’s license knowledge tests…