News

Purolator, the giant parcel carrier in Canada, is replacing their old, rusty Convair 580 freighters with brand-new ATR72-500 turboprops. These Convairs have been flying around for over 70 years, and…

OneRail just raised $42 million in Series C funding to enhance its product offerings and grow its team. The funding was led by Aliment Capital, a venture group based in…

Schneider National, one of the top trucking and logistics companies, just made a power play by buying another company, Cowan Systems, for $390 million. On top of that, they’re spending…

Kenan Advantage Group (KAG) just made another power move by acquiring XBL Industrial Materials, a dry bulk transport company, along with its logistics arm, from a private equity group called…

The freight and logistics world has experienced some major ups and downs in the past few years. First, a freight recession led to a slowdown in the shipping and transportation…

GenLogs is working on a new and possibly revolutionary initiative designed to help the freight industry recover stolen or missing equipment. This is something the freight industry has been needing…

Solvento just raised $12.5 million in a Series A funding round. They’re using this funding to change things for truckers and 3PLs (third-party logistics companies), not just in Mexico but…

Sean Duffy, who used to be a representative from Wisconsin, just got tapped by Trump to head the Department of Transportation (DOT). Duffy isn’t just some random pick. He was…

Toyota is putting a whopping $1.45 billion into its operations in Mexico. They’re looking to ramp up the production of their popular Tacoma pickup trucks and even launching a new…

Kuehne+Nagel, a global logistics provider, has announced its acquisition of IMC Logistics, a U.S. company specializing in marine drayage services. Kuehne+Nagel is making a big move to grow even stronger…