Two divisions of Universal Logistics are laying off workers at the company’s facility in Detroit.
In WARN notices filed last week with the Michigan Department of Labor and Economic Opportunity, the company said it was laying off 62 people from Universal Logistics Insights and 30 from Universal Dedicated of Detroit.
The layoffs are effective Oct. 22.
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This year’s Future of Freight Festival takes place Nov. 19-21 in Chattanooga, Tennessee. But it’s not your average conference. Sure, there are wonderful speakers and fireside chats. But that’s only half the fun. F3 is set up with half-days of speakers and amazing content. The other half we take over downtown Chattanooga, and there are events, networking and a lot of fun to be had by all. This year, subscribers to Running on Ice get a promo code exclusive to us! You can register with this link...
https://www.freightwaves.com/news/running-on-ice-triple-cooled-cold-chain
An Illinois-based trucking and logistics company, which contracted with the U.S. Postal Service to haul mail and had over 650 employees, including more than 480 drivers, abruptly ceased operations Thursday, according to sources familiar with the closure.
Former truck drivers for Midwest Transport Inc. (MTI), headquartered in Robinson, Illinois, told FreightWaves that they received telephone calls from their regional managers late Thursday notifying them the company was winding down operations.
As...
FedEx Corp. (NYSE: FDX) has announced a strategic alliance with Nimble Robotics to scale FedEx Fulfillment with Nimble’s fully autonomous 3PL model. FedEx is also investing an undisclosed sum in Nimble.
The Santa Monica, California-based AI robotics and autonomous e-commerce fulfillment technology company will help scale FedEx Fulfillment, according to a news release from FedEx.
“Our strategic alliance and financial investment with Nimble expands our footprint in the e-commerce space, helping to...
https://www.freightwaves.com/news/fedex-fulfillment-expands-through-strategic-alliance-with-nimble
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AccuWeather is reducing its projected number of named storms during the 2024 Atlantic hurricane season following an “unusual” August with low tropical activity.
The Pennsylvania-based weather forecasting agency announced this week that it is downgrading its projections. Forecasters now predict that this year’s season will see 16 to 20 named storms and six to 10 hurricanes, of which three to six are expected to be major. Four to six storms are predicted to hit the United States.
AccuWeather...
Freight management platform Portex announced Thursday it has raised $6.25 million in seed funding to further develop its technology for small and midsize shippers. The funding round was led by Footwork VC, with participation from Cowboy Ventures and previous investors, Susa Ventures and Base10.
Founded in 2022 by Brittany Ennix, Portex was inspired by Ennix’s family background in manufacturing and her experience at Uber and Flexport, where she worked with midmarket clients.
In an interview with...
Radiant Logistics said it has acquired transportation and logistics provider Foundation Logistics & Services.
Humble, Texas-based Foundation is a 10-year-old logistics services provider to companies focused on the exploration, drilling and production of oil and gas. It specializes in the global transport of hazardous materials, explosives and oilfield equipment.
Financial terms of the transaction were not disclosed, but like other acquisitions Radiant (NYSE: RLGT) has made, a portion of the...
https://www.freightwaves.com/news/radiant-logistics-acquires-foundation-logistics-services
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HMM has partnered with KORAIL to boost eco-friendly intermodal transportation, signing an MoU to expand inland rail use for refrigerated cargo. The collaboration aims to create a seamless ‘Intermodal … |
https://maritime-professionals.com/eco-friendly-intermodal-transportation/