FedEx Freight, the less-than-truckload unit of FedEx Corp. (NYSE: FDX), confirmed Tuesday that it is closing seven service centers across the U.S. this year as the division continues to make alignments to its freight network. “As the less-than-truckload industry evolves, at FedEx, we are continuing to adapt our freight network to meet forecasted demand and…
A new transportation services agreement to operate 10 Boeing 767 cargo jets for Amazon paved the way for pilots at cargo airline ABX Air over the weekend to ratify an extension of their labor contract until 2030, company officials said Tuesday. Amazon’s assignment of planes to ABX Air was also made possible by union leaders’…
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Trailer telematics provider FleetPulse announced Wednesday it is spinning off as its own company after being incubated under trailer manufacturer Great Dane since 2017. “As the first OEM to develop a smart trailer solution, Great Dane is proud of the growth achieved by FleetPulse and excited that these offerings can now be made available as…
A new sea route from Cosco Shipping Lines became operational on Monday, as several global ocean carriers have initiated services targeting Asia-to-Mexico trade. In addition to Cosco, global ocean carriers Mediterranean Shipping Co. and CMA CGM have launched services to tap into soaring container volumes and growing investment in Mexico by Chinese companies. Cosco Shipping…