As a Thursday deadline for an unprecedented shutdown of Canadian rail service creeps closer, here are the latest developments on both sides of the border: Canada Labor Minister Steve MacKinnon is meeting with representatives of Canadian National, Canadian Pacific Kansas City, the Teamsters Canada Rail Conference and federal mediators in a push to get the…
Though most logistics companies are operating with reduced revenue and earnings, deals in the sector have not ground to a halt. One recent deal was significant enough that the Tenney Group, one of the leading transaction advisers for logistics deals, saw fit to publicize it, calling it a “thoughtful” transaction between two companies dealing primarily…
This article first appeared on FLYINGmag.com. The subscription model is king when it comes to services such as video streaming. But what if you could subscribe to be part of a drone delivery network? California-based A2Z Drone Delivery on Monday launched a suite of autonomous drone docks — portable or permanent sites where drones can…
Activist investor Ancora Holdings Group is calling on Forward Air’s board to begin a strategic review and to engage with potential buyers. In an open letter to the company’s board, the group cited “overwhelmingly negative” total shareholder returns and “significant underperformance” in what it described as a “lost decade” for the expedited trucking company. The…
Modern trucks rely on advanced systems vulnerable to cyberattacks, posing serious risks to fleet operations. Traditional security methods, like the seed-key exchange, are becoming outdated, leaving fleets exposed to potential disruptions. Download the National Motor Freight Traffic Association, Inc.’s (NMFTA) latest guide to learn how upgrading to stronger security measures, such as certificate-based authentication, is…