Defragmenting Logistics

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Top news this week

from the best sources in the industry

DSV announces acquisitions of S&M Moving Systems West and Global Diversity Logistics
DSV said that the objective of these acquisitions are three-fold: to augment its position within the semiconductor industry; align with its new Phoenix-Mesa Gateway Airport operations; and support its growing cross-border services into Latin America. It added that these acquisitions are expected to be made official next month….
Published on: 2023-03-21
Source: logisticsmgmt
ATA reports February truck tonnage increase
The ATA’s advanced Seasonally Adjusted (SA) For-Hire Truck Tonnage Index, for February, came in at 118.4 (2015=100), for a 1.2% increase, over January’s 117 reading….
Published on: 2023-03-21
Source: logisticsmgmt
More than 150 companies participate in the 2023 MHI Innovation Awards
Four finalists were chosen as the most innovative products in each of their respective categories: Best New Innovation, Best Innovation of an Existing Product, and Best IT Innovation based on concept, value, and impact….
Published on: 2023-03-21
Source: logisticsmgmt
Biggest gets bigger: Knight-Swift buying USX for $808 million in huge TL deal
Phoenix-based Knight-Swift Transportation, already the biggest player in the TL market at $4.5 billion revenue last year, is buying Chattanooga, Tenn.-based U.S. Xpress, which ranked ninth in TL revenue last year at $2.2 billion. The deal is valued at $808 million, including assumption of $484 million of debt….
Published on: 2023-03-21
Source: logisticsmgmt
ATA has ‘grave concerns’ that EPA may allow California-type air quality rules on heavy trucks
The American Trucking Associations (ATA) expressed what it called its “grave concerns” about media reports that the Environmental Protection Agency (EPA) may be on the verge of granting the state of California waivers to implement potentially harmful and unrealistic emissions rules on the industry. Under California rules, new Class 8…
Published on: 2023-03-21
Source: logisticsmgmt
National diesel average falls 6.2 cents, to $4.185, reports EIA
The national average decreased 6.2 cents, to $4.185, following a 3.5-cent decline, to $4.247, for the week of March 13….
Published on: 2023-03-21
Source: logisticsmgmt
Warehouse/DC Automation & Technology: It’s “go time” for investment
In our latest Special Digital Issue, Logistics Management has curated several feature stories that neatly encapsulate the rise of automated systems and related technologies that are revolutionizing how warehouse and DC operations work….
Published on: 2023-03-20
Source: logisticsmgmt
ProMat 2023 officially opens for business
Ready to welcome a steady incoming flow of conference attendees, introduce the world to a host of new industry innovations and provide a full lineup of fun events all week long, ProMat 2023 opened its doors to the world at 10 a.m. CST this morning….
Published on: 2023-03-20
Source: logisticsmgmt
POLA and POLB report February volume declines
The Port of Los Angeles reported that February volume—at 487,846 TEU (Twenty-Foot Equivalent Units)—were down 43% compared to February 2022. The Port of Long Beach reported that total February volume—at 543,675 TEU—dropped 31.7% annually…
Published on: 2023-03-20
Source: logisticsmgmt
FTR Trucking Conditions Index shows solid sequential improvement, to start 2023
For January, the most recent month for which data is available, the TCI came in at -1.71, a significant improvement over December’s -6.1 and November’s -7.94. That was preceded by October’s -11.25, its lowest level since the April 2020 all-time low, at -28.66. The September TCI reading came in at…
Published on: 2023-03-20
Source: logisticsmgmt
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