Despite much hand-wringing to the contrary over the past three years, the end of globalization is nowhere near nigh. The 10th annual DHL Global Connectedness Index, released Wednesday by Deutsche Post DHL Group (OTCUS: DPSGY) and New York University’s Stern School of Business, found that more merchandise trade moved over longer distances in 2021 than…
This story is developing. The Surface Transportation Board has approved, with conditions, Canadian Pacific’s plans to merge with Kansas City Southern, paving the way for CP to take control of KCS as early as April 14. The conditions include an “unprecedented” seven-year oversight in which CP (NYSE: CP) and KCS will provide extensive data to…
Correction: A previous version of this story incorrectly stated Zipline is based in Mountain View, California. It has been updated to reflect that the firm is based in South San Francisco, California. After completing its 500,000th delivery in January, one of drone delivery’s titans is still not satisfied. On Wednesday, South San Francisco, California-based Zipline…
On today’s episode of WHAT THE TRUCK?!? Dooner is coming to you live from FreightWaves’ Supply Chain Meets FinTech virtual event. Did FreightTech almost experience an extinction-level event? FreightWaves Editorial Director Rachel Premack has the latest on Silicon Valley Bank and how it may have impacted freight. Speaking of risk, ZenHedge CEO Krishnan Kandasamy talks…
Transportation and logistics provider R&R Express announced Wednesday the acquisition of regional and national carrier Load to Ride (LTR). Denver-based LTR has a fleet of more than 100 trucks and 200 trailers, specializing in less-than-truckload transportation, pool distribution, warehousing and expedited services. It operates primarily in the West, providing one-day and two-day service but partners…