Thursday, the capacity management platform Parade announced that it had raised $17 million in a venture round led by I Squared Capital. We are excited to be leading Parade’s funding…
Understanding the distinction between freight and transportation is crucial. Freight refers to payment for the carriage or transportation of goods via air, land, or sea, while transportation involves moving people,…
According to court documents that came out on Wednesday, Estes Express Lines’ new offer of $1.525 billion for Yellow’s hubs has become the favorite. In a Delaware bankruptcy court, Carrier…
CEO Ryan Petersen told Logistics Press Release last week that former CEO Dave Clark was fired because Clark had ignored customers and freight growth in favor of expensive technology development…
UPS Inc. has shared its peak holiday shipping prices, which are a little higher than those of FedEx Corp. for customers who ship in bulk. Between October 29 and January…
The relationship between Werner Enterprises and the newly elected union is off to a rough start. Local 152 of the United Food and Commercial Workers (UFCW), which was recently chosen…
Forward Air, an asset-light service, followed the trend of other LTL carriers in reporting rising sequential volumes in August. The demise of Yellow Corp. was a major factor in the…
Do you know how big a decision it can be to lease or buy a warehouse? After all, any company’s usefulness, speed, and ability to make money rests on their…
Forward Air’s CEO said on Wednesday that customers “still trust us with their business” after the company announced a deal that would change some of the competition in domestic shipping….
Started up the net In August, 19,000 Class 8 trucks were bought, which is 9% less than the same month last year. But this was the best book I’ve read…