XPO Enhances US-Mexico Freight Services with Launch of XPO Mexico+

Greenwich, CT – XPO (NYSE: XPO), a prominent provider of LTL (Less-Than-Truckload) freight transportation across North America, has unveiled a significant expansion of its cross-border operations with the introduction of XPO Mexico+. This initiative comes as a response to escalating demand from customers amid a shift towards regional production in North America, reducing reliance on…

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U.S. Transportation Leaders Unveil ‘America’s Green Gateway’ at Port of Long Beach Groundbreaking

Long Beach, CA – In a momentous ceremony heralding a new era in U.S. transportation infrastructure, U.S. Secretary of Transportation Pete Buttigieg and a host of national officials convened on Thursday to commence the groundbreaking of “America’s Green Gateway” at the Port of Long Beach. This $1.567 billion initiative marks a pivotal investment aimed at…

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Impact of Recent Recession on Logistics in the USA and Canada

The logistics industry in the USA and Canada is facing unprecedented challenges due to the recent recession. Dive into the impacts, trends, and future outlook for transportation and supply chain businesses in this comprehensive blog.

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Maersk Withdraws Bid for DB Schenker, Citing Integration Challenges

A.P. Moller-Maersk A/S has decided to withdraw its bid for DB Schenker, the logistics unit of Deutsche Bahn AG, which was reportedly valued at over $16.1 billion. The Danish logistics giant made this decision after conducting a thorough due diligence process over the past few weeks, as confirmed in a statement on July 1. Earlier…

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Norfolk Southern Reaches $600 Million Settlement in East Palestine Derailment Class Action Lawsuit

Norfolk Southern Corporation, a leading transportation company, has announced a groundbreaking $600 million agreement in principle to resolve a consolidated class action lawsuit stemming from the East Palestine derailment. The settlement, subject to court approval, marks a significant step in addressing the concerns of affected residents within a 20-mile radius of the derailment site. This…

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