11 Dec Shipping Costs are Surging Globally The cost of moving pretty much every dry-bulk commodity — from fertilizer to salt to rocks — has surged since July, lifting the London-based Baltic Exchange’s main freight gauge to its highest in almost four years. Read more...
11 Dec Cloud-Based Computing Gains Traction in Trucking The transition to cloud-based computing in the trucking industry is accelerating as carriers realize the cost savings and operational efficiencies that can be achieved, technology experts said. Read more...
11 Dec Fetch Robotics Garners $25 Million in Funding Fetch Robotics has raised $25 million in Series B funding, led by Sway Ventures. In total, the San Jose, Calif., firm has raised $48 million. Read more...
11 Dec Americold Opens New Refrigerated Warehouse in Northern Utah Americold Logistics officially opened a 9.5-million-cubic-foot temperature-controlled warehouse in Clearfield, Utah, nearly doubling the footprint the company has at the location to about 21 million cubic feet. Read more...
11 Dec GlobalTranz Acquires Utah’s Apex Logistics Freight brokerage firm GlobalTranz Enterprises made its fourth acquisition of 2017, buying American Folk, Utah-based Apex Logistics Group for an undisclosed price. Read more...
11 Dec Fleets Take Do-It-Yourself Approach to Solar-Panel Installation Solar panel manufacturers said they have worked to make their products easy to deploy, and several fleets said they have opted to install the panels themselves. Read more...
11 Dec A Caution From the World’s Biggest Shipping Line The world’s largest container shipping line says international freight rates are reversing after climbing for most of this year, raising questions about the sustainability of the global trade recovery. Read more...
11 Dec Solar Solutions A growing number of fleets are turning to an alternative energy source — the sun — to help meet the growing demand for power on board their trucks. Read more...
11 Dec Manitoulin Buys Duckering’s Transport Manitoulin Transport has acquired less-than-truckload carrier Duckering’s Transport, based in Red Deer, Canada, to continue its expansion in Western Canada. Terms of the deal weren’t released. Read more...
11 Dec Pac-Van Purchases Expand Storage, Warehousing Capabilities Pac-Van has expanded its storage and warehousing operations with two recent acquisitions in the South and Southwest. Read more...