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Latest News & Web Pages
Humble Robotics Raises $24 Million For Cabless Electric Freight Trucks
38+ min ago (299+ words) Whalesbook What Happened Humble Robotics, a San Francisco-based startup, has officially emerged from stealth mode after securing $24 million in seed funding The round was led by Eclipse Capital with participation from Energy Impact Partners and others Founded by Eyal Cohen,…...
Fed Ex Moves to Sell Supply Chain Unit to Continue Corporate Streamlining
17+ min ago (397+ words) Fed Ex plans to sell Fed Ex Supply Chain to CMA CGM Group, a Marseille-based global provider of sea, land, air and logistics solutions, at an enterprise value of $1. 4 billion. The acquisition is expected to close by the end of…...
CMA CGM close to $1. 4bn deal for Fed Ex logistics business
2+ hour, 52+ min ago (387+ words) 01st Jul 2026, 15: 49. Written by Eddie Saunders French shipping giant looks set to expand its logistics operations as Fed Ex streamlines its business amid weaker global delivery demand French shipping and logistics group CMA CGM is reportedly close to agreeing a deal…...
May Class 8 truck orders climb despite ongoing sales headwinds
47+ min ago (974+ words) The month of May brought a modest increase in U. S. sales of new Class 8 trucks, but the results still lagged 8. 0% behind May 2025 numbers and were nearly 15% worse than the average for the five previous years (2021-2025). According to data received from Omdia,…...
Cross-border freight rebounds ahead of critical USMCA review
1+ hour, 10+ min ago (528+ words) Date: July 01, 2026 | Author: Tyson Fisher | Category: News With tariffs mostly out of the equation compared to last year, North American freight is way up. However, negotiations over the United States-Mexico-Canada Agreement (USMCA) could determine the long-term fate of cross-border trucking....
$8 Million Luxury Vehicle Theft Ring Stole Over 90 Cars Across New York and New Jersey " Shipped Them to West Africa
2+ hour, 55+ min ago (612+ words) A massive grand theft auto racket has been exposed after a multi-agency investigation revealed that over 90 luxury vehicles worth $8 million had been stolen over the last year. Porsches, BMWs, and Range Rovers were allegedly preferred by the thieves, who then…...
ACR raises fill rates to 98% after network overhaul
53+ min ago (385+ words) Acquisitions can help companies grow quickly, but they can also create supply chain challenges. For ACR, a supplier of foodservice essentials and packaging products, years of acquisitions left the company managing multiple systems, different purchasing approaches and a distribution network…...
Cvent and mi Meetings Launch First'Ever Enterprise Solution for Event Ground Transportation Management
2+ hour, 6+ min ago (102+ words) Cvent + mi Meetings Partnership New solution helps organizations reduce costs, improve visibility, and receive quotes for vehicles and services. "This partnership finally brings visibility and control to one of the most overlooked areas of event logistics," said Evan Michaels, CEO…...
CMA CGM to Buy Fed Ex Supply Chain for $1. 4 Billion, Expanding North American Logistics Business
2+ hour, 15+ min ago (336+ words) The'CMA CGM'Group has agreed to acquire'Fed Ex Supply Chain'from'Fed Ex'in a deal valued at $1. 4 billion, significantly expanding its North American contract logistics business while establishing new long-term ocean and air cargo partnerships between the two companies. The transaction, which is…...
CMA CGM Acquires Fed Ex Supply Chain: $1. 4 Billion Deal to Triple CEVA Logistics in North America - News and Statistics
3+ hour, 42+ min ago (211+ words) The acquisition, which is expected to close later this year, would nearly triple the size of CEVA Logistics' contract logistics operations in North America. CEVA Logistics is a subsidiary of the CMA CGM Group. Following the completion of the deal,…...