Maersk (Maersk) has inaugurated a new 130,000 square foot air freight import/export gateway near Los Angeles International Airport (LAX) that offers direct planeside recovery with immediate unit load device (ULD) transfers. The west coast facility complements Maersk’s growing north American network of air cargo gateways, including Atlanta and Chicago which have been stood up in the last 12 months….
In a recent development, Unifor, Canada’s largest private sector union, has called for a strike against General Motors (GM) as the company refuses to meet their pattern agreement. Unifor National President Lana Payne expressed the union’s determination, stating, “This strike is about General Motors stubbornly refusing to meet the pattern agreement. The company knows our…
Global logistics leader C.H. Robinson has inaugurated a cutting-edge facility in Laredo, Texas, aimed at streamlining cross-border trade between the United States and Mexico. The state-of-the-art cross-dock facility, one of the largest in Laredo, comes at a time when global shippers are increasingly turning to nearshoring to strengthen their supply chains. The Port of Laredo,…
GXO Logistics, Inc. (NYSE: GXO), the foremost global contract logistics provider, and PFSweb, Inc. (Nasdaq: PFSW), a trailblazing tech-driven eCommerce fulfillment platform, have officially inked a groundbreaking deal. GXO is set to acquire PFSweb at $7.50 per share in cash, marking a significant equity valuation of approximately $181 million. With an enterprise value totaling $142…
Love’s Travel Stops, a trusted name in travel and fueling, has been granted a substantial $4.8 million in federal funding to expand its electric vehicle (EV) charging infrastructure. In collaboration with Trillium Energy Solutions, a member of the Love’s Family of Companies specializing in clean fueling stations, this investment is set to transform the EV…
