3 things the logistics industry can learn from Brad Jacobs’ new book

Brad Jacobs, serial entrepreneur and executive chairman of XPO Logistics, launched his book on Monday, enticingly titled, “How to Make a Few Billion Dollars.” In this, his first book, Jacobs describes the many good and sometimes painful lessons he has learned through his tenure of building billion-dollar companies out of fragmented markets. Jacobs provides diverse…

APM Terminals to invest $500M in container facility on the Mississippi

In a race to lure jumbo cargo ships up the Mississippi River, Plaquemines Port Harbor and Terminal District has signed a preliminary deal with APM Terminals to build a 900-acre container terminal about 20 miles south of the Port of New Orleans. Under terms of the agreement, Plaquemines Port will lease the land to APM…

Daimler Truck manages small gain in 2023 sales

Market leader Daimler Truck grew sales by a scant 1% in 2023. It blamed supply chain bottlenecks for missing its higher goals. Daimler reports full-year financials on March 1 and expects to meet its revenue and profit metrics. Group sales, which include Portland, Oregon-based Daimler Truck North America, amounted to 526,053 units. That compared with…