A sleepy North Carolina city flexes its logistics muscle Industry News A sleepy North Carolina city flexes its logistics muscle City checks off many of the distribution center site boxes.Stephanie L. BondAugust 7, 2020
US Postal Service volumes grow 50% in face of steep loss Industry News US Postal Service volumes grow 50% in face of steep loss USPS chief DeJoy says agency is in “financially unsustainable position absent significant fundamental change.”Stephanie L. BondAugust 7, 2020
Koch-owned KBX teams up with Transflo on electronic BOLs Industry News Koch-owned KBX teams up with Transflo on electronic BOLs Process to put the two together involved numerous Koch-owned shippers, including Georgia-PacificStephanie L. BondAugust 7, 2020
Breaking: US truck transportation jobs up by 2,000 in July Industry News Breaking: US truck transportation jobs up by 2,000 in July Even as trucking jobs rose, rail jobs declinedStephanie L. BondAugust 7, 2020
Weekend severe storms heading to Plains freight markets (with forecast video) Industry News Weekend severe storms heading to Plains freight markets (with forecast video) Gusty winds, large hail and a few tornadoes could slow down freight flows at times.Stephanie L. BondAugust 7, 2020
5 Hyliion questions with former DOT Secretary Andy Card Industry News 5 Hyliion questions with former DOT Secretary Andy Card As a former U.S. secretary of transportation and later White House Chief of Staff for…Stephanie L. BondAugust 7, 2020
FleetCor Technologies reports revenue and earnings declines Industry News FleetCor Technologies reports revenue and earnings declines Atlanta-based FleetCor is a commercial fuel-card and business-payments systems provider. The company employs around 8,700…Stephanie L. BondAugust 6, 2020
Cold storage sees choppy Q2; Americold says business ‘stable’ Industry News Cold storage sees choppy Q2; Americold says business ‘stable’ Cold storage facility operator Americold Realty Trust’s second quarter was slightly below expectations on choppy…Stephanie L. BondAugust 6, 2020
Uber Freight sees jump in Q2 revenue; parent company turns in weak performance Industry News Uber Freight sees jump in Q2 revenue; parent company turns in weak performance Freight segment’s EBITDA improved slightly but still in the redStephanie L. BondAugust 6, 2020
Airbus orders in 2020 cut in half by COVID-19 Industry News Airbus orders in 2020 cut in half by COVID-19 Airlines are saving every penny possible and with so few people traveling they don’t need…Stephanie L. BondAugust 6, 2020