German national railway Deutsche Bahn AG and transport and logistics provider DSV of Denmark on Friday said they have signed an agreement for DSV to acquire DB’s logistics subsidiary Schenker for an estimated $15.84 billion. DB said interest income until completion of the sale could push the value to $16.4 billion. DSV said in a…
A looming East and Gulf Coast dockworker strike by the International Longshoremen’s Association could be detrimental even to cargo container ports in right-to-work states such as Georgia and North Carolina, experts said. Talks between the ILA and the United States Maritime Alliance, which negotiates on behalf of management of the ports, terminals and shipping lines,…
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Aurora Innovation is the latest autonomous trucking developer to announce longer routes than hub-to-hub operations in Texas. It helps make the real-world case for long-promised over-the-road driverless trucking that could dramatically reduce the cost of freight shipping. Aurora said this week it will begin driver-supervised routes from Fort Worth and El Paso, Texas, to Phoenix…
Radiant Logistics said it has seen some pull forward in volumes ahead of a potential Oct. 1 strike by dockworkers at East and Gulf Coast ports. This is in addition to some shippers moving freight ahead of the traditional peak season due to potential changes in U.S. trade policy. The Renton, Washington-based 3PL’s founder and…