Cold chain solutions provider FreezPak Logistics announced plans to open a new location near Chicago by the end of the year. The 212,807-square-foot facility in Bedford, Illinois, will be a temperature-controlled warehouse featuring 30 loading docks, 30,000 pallet positions and 51 container plug-ins. The location will be near Interstate 55 and a CSX rail yard,…
Just three weeks ago, the monthly FreightWaves “State of Freight” webinar for February didn’t feature many bullish factors that our experts were seeing in the market. During the March “State of Freight” webinar, the outlook was generally as bearish as earlier. With at least one indicator turning slightly higher, there may have been at least…
An investment firm looking to make major changes at parcel technology and shipping company Pitney Bowes Inc. (NYSE: PBI) called Thursday for the ouster of longtime CEO Marc F. Lautenbach and non-executive Chairman Robert Dutkowsky, who two weeks ago was named to the role following the departure of then-Chairman Michael Roth. Hestia Capital Partners, which…
This week on Taking the Hire Road, host Jeremy Reymer, founder and CEO of DriverReach, sat down with Laura Duryea, manager of recruiting and retention at Boyle Transportation, to talk about being a woman in the trucking industry as well as how transparent recruiting can lead to better overall hires. According to Reymer, American Transportation…
The only way to characterize the air cargo market in March is it’s a little less worse than the past few months. Slight recovery of factory output in China after the Lunar New Year holiday, a rise in manufacturing exports elsewhere and incremental improvement in inflation are helping global demand and rates achieve some sense…