News
Cargo Net: July 4 cargo thieves get more sophisticated
3+ hour, 55+ min ago (359+ words) DC Velocity Start your day right! Cargo Net: July 4 cargo thieves get more sophisticated Problem is even worse this year, as 2026 has seen a rise in cargo theft severity, with fewer absolute thefts but greater value stolen. Statistics prove the…...
CMA CGM Group to buy Fed Ex Supply Chain for $1. 4 billion
1+ day, 4+ hour ago (220+ words) Move would grow CMA CGM's contract logistics arm CEVA Logistics to operate 150 warehouses and 20, 000 workers. French logistics service provider CMA CGM Group has agreed to acquire Fed Ex Supply Chain for $1. 4 billion, saying the move would nearly triple the size…...
Heavy hitters, new entrants capitalize on trucking industry shifts
1+ day, 20+ hour ago (298+ words) Leaders from Fed Ex Freight, Amazon say market volatility is driving change in less-than-truckload freight Market volatility and a fast-paced technology environment are converging to create opportunities in transportation markets, freight leaders told attendees at a less-than-truckload (LTL) industry conference…...
U. S. Bank: Truck freight rates rose considerably in April and May
3+ day, 53+ min ago (272+ words) Even with lower volumes, costs are rising as capacity tightens, analyst says. In the latest sign of recovery from a three-year recession in the over-the-road freight sector, truck freight rates rose considerably in April and May, according to the latest…...
C. H. Robinson acquires provider of secure transportation for high-value freight
3+ day, 56+ min ago (225+ words) DC Velocity Start your day right! C. H. Robinson acquires provider of secure transportation for high-value freight Deal comes as supply chains become more complex and cargo theft grows more sophisticated, firm says. Freight broker C. H. Robinson has acquired De Spir Logistics, an…...
Survey: logistics firms spent 29. 6% of their total budgets on fuel costs
3+ week, 1+ day ago (190+ words) 40% of U. S. logistics businesses now say that rising diesel prices is their main pain point, Tech. co says. Rising fuel costs are continuing to put pressure on U. S. logistics firms, with businesses spending more on fuel than ever before, according to a…...
Private equity firm acquires Double-Stack Logistics
3+ week, 5+ day ago (339+ words) DC Velocity Start your day right! Private equity firm acquires Double-Stack Logistics Dallas-based intermodal freight broker specializes in shifting freight from over the road trucking to intermodal rail shipments. The logistics-focused private equity firm Open Road Ventures (ORV) this week…...
Trucking business conditions jump to best level in four years
3+ week, 5+ day ago (253+ words) FTR says its Trucking Conditions Index reaches strongest reading since February of 2022. The trucking sector continues to show signs of recovery from more than three years of a freight rate recession, as an index of industry conditions for April rose…...
LTL platform transforms managed transportation operations
4+ week, 20+ min ago (951+ words) A technology partnership helps a transportation and logistics service provider cut less-than-truckload costs by 30% and achieve 99% routing accuracy. Logistics service provider TA Services Inc. is reaping the rewards of a long-term partnership with less-than-truckload (LTL) industry data and technology company…...
Startup lets LTL carriers measure shipper performance
4+ week, 1+ day ago (1752+ words) Less than truckload (LTL) carriers will soon have a way to compare shipper performance on critical metrics affecting truckers, bringing transparency that can help eliminate the operational blind spots that affect freight rates and accessorial charges, according to Cleveland-based startup…...