Category: News

The cost of moving pretty much every dry-bulk commodity — from fertilizer to salt to rocks — has surged since July, lifting the London-based Baltic Exchange’s main freight gauge to its highest in almost four years.

The transition to cloud-based computing in the trucking industry is accelerating as carriers realize the cost savings and operational efficiencies that can be achieved, technology experts said.

Fetch Robotics has raised $25 million in Series B funding, led by Sway Ventures. In total, the San Jose, Calif., firm has raised $48 million.

Americold Logistics officially opened a 9.5-million-cubic-foot temperature-controlled warehouse in Clearfield, Utah, nearly doubling the footprint the company has at the location to about 21 million cubic feet.

Solar panel manufacturers said they have worked to make their products easy to deploy, and several fleets said they have opted to install the panels themselves.

Freight brokerage firm GlobalTranz Enterprises made its fourth acquisition of 2017, buying American Folk, Utah-based Apex Logistics Group for an undisclosed price.

A growing number of fleets are turning to an alternative energy source — the sun — to help meet the growing demand for power on board their trucks.

The world’s largest container shipping line says international freight rates are reversing after climbing for most of this year, raising questions about the sustainability of the global trade recovery.

Manitoulin Transport has acquired less-than-truckload carrier Duckering’s Transport, based in Red Deer, Canada, to continue its expansion in Western Canada. Terms of the deal weren’t released.

Pac-Van has expanded its storage and warehousing operations with two recent acquisitions in the South and Southwest.