UPS to sell trucking unit under CEO’s ‘better-not-bigger’ pledge
United Parcel Service Inc. agreed to sell its short-haul trucking business for $800 million, the first substantial move in the ...
Tag: less-than-truckload (LTL)
C.H. Robinson nets 2Q air cargo gains amid falling revenue
U.S.-based freight forwarder C. H. Robinson saw air cargo revenues more than double year over year during the second quarter ...
XPO Logistics looks to sell business segments
Following several challenging quarters for Connecticut-based XPO Logistics, CEO Brad Jacobs said the logistics company will look to sell or ...
Logistics tech provider project44 hits US$48 million in funding
Logistics software provider project44 raised an additional US$35 million in funding to bring its total funding to $48 million. The ...
New Team Worldwide Indianapolis outpost targets region’s growing cross-border trade
Team Worldwide will expand its freight-forwarding and 3PL network to Indianapolis, U.S., starting Jan. 9, with the opening a new ...
CNS: Exports drive demand for Bonded trucking alongside airfreight [VIDEO]
ORLANDO -- Mexico’s growing export sector is driving demand for specialized feeder services and bonded cross-border trucking. Mexpress Transportation bypasses ...
