Logistics

Latest News

(FILES) This undated file handout image courtesy of Nikola Motor, shows a Nikola Two truck. - General Motors terminated a transaction to take a stake in Nikola, but reached a preliminary agreement to supply its technology to the electric-truck startup, the companies said on November 30, 2020. Shares of Nikola plunged following the announcement, losing around one-fourth of their value. (Photo by - / Nikola Motor / AFP) / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / NIKOLA MOTOR " - NO MARKETING - NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS (Photo by -/Nikola Motor/AFP via Getty Images)

Hydrogen Fuel Is Gaining Traction With Truckers

Some operators say it allows trucks to drive farther and faster, but the technology is far behind development of battery-cell electric vehicles.

Paul Berger

November 15, 2023

5 min read

FILE - Yellow Corp. trucks navigate the YRC Freight terminal Friday, July 28, 2023, in Kansas City, Mo. Trucking company Yellow Corp. has shut down operations and is headed for a bankruptcy filing, Sunday, July 30, 2023, according to the Teamsters Union and multiple media reports. After years of financial struggles, reports of Yellow preparing for bankruptcy emerged last week â€” as the Nashville, Tennessee-based trucker saw customers leave in large numbers. (AP Photo/Charlie Riedel, File)

Last-Minute Bid Would Seek to Revive Collapsed Trucker Yellow

Jack Cooper Transport, a specialized operator that hauls automobiles for carmakers, plans to submit a bid backed by $1 billion in financing and support from the Teamsters union and some U.S. lawmakers that would halt the liquidation of trucking giant Yellow and seek to resurrect the shuttered business, according to people familiar with the matter.

Paul Berger

November 8, 2023

5 min read

(FILES) This picture taken on April 4, 2023 shows Monica Amadea (C), owner of a TikTok sales channel called Monomolly, and her employees offering merchandise through a TikTok livestream in Jakarta. Indonesia has banned goods transactions on social media platforms in a new regulation, its trade minister said on September 27, as Jakarta aims to rein in direct sales on major platforms it says are harming millions of small businesses. (Photo by BAY ISMOYO / AFP) (Photo by BAY ISMOYO/AFP via Getty Images)

TikTok Is Bringing Logistics to the E-Commerce Dance

The viral video platform has put together outsourced logistics operations as it intensifies its competition for U.S. sales.

Liz Young

November 7, 2023

4 min read

FILE PHOTO: The world's first methanol-fueled container vessel Laura Maersk, owned by shipping company Maersk, is seen in Copenhagen, Denmark September 14, 2023. REUTERS/Jacob Gronholt-Pedersen/File Photo

Maersk Cutting 10,000 Jobs Amid Cargo Slump

Maersk forecast earnings for the full year at the lower end of its targeted ranges and said it would cut more than 10,000 jobs as it steps up cost savings.

Dominic Chopping

and

Costas Paris

November 3, 2023

2 min read