Category: News

GXO Logistics announced Sept. 14 it has entered into a definitive agreement to acquire the high-end e-commerce order fulfillment platform PFSweb.

Weeks before closing its doors and dismissing employees, Yellow doled out millions in bonuses to executives so they wouldn’t leave the firm during its unraveling, court papers show.

WASHINGTON — Efforts by the Biden administration to limit pollution from tailpipes face a crucial test as legal challenges brought by GOP-led states head to a federal appeals court.

LONG BEACH, Calif — Port of Long Beach Chief Operating Officer Noel Hacegaba said the port is down nearly 27% year-to-date compared with 2022, but he believes business is turning around. 

Electric cars are smashing all kinds of records in the U.S. Their share of new cars exceeded 7% for the first half of the year, speeding past a critical tipping point for mass adoption.

U.S. Class 8 retail sales in August stayed about the same from the year-ago period but increased from the prior month, Wards Intelligence reported.

GOTHENBURG, Sweden — Leaders from Volvo Trucks said they’re taking a customer-focused approach to achieving corporate goals for reduction of carbon emissions.

Proposed merger partners ElectraMeccanica and Tevva plan to launch a Class 8 hybrid electric and hydrogen-powered truck in the United States in 2027, ElectraMeccanica CEO Susan Docherty said.

WASHINGTON — Automated vehicles would gain greater adoption with a nationwide policy framework, Chris Spear, president of American Trucking Associations, told members of Congress on Sept. 13.

The escalation of nearshoring this year has brought an increased need to bolster infrastructure investments and supply chain operations, according to experts.