GXO Agrees to Buy PFSweb for First US-Based Acquisition
(GXO) GXO Logistics announced Sept. 14 it has entered into a definitive agreement to acquire the high-end e-commerce order fulfillment platform PFSweb. Irving, Texas-based PFSweb specializes in high-touch fulfillment in such verticals as luxury and health brands. The acquisition price was set at an enterprise value of about $142 million. ...more
Tesla Ordered by NHTSA to Address New Issue Over Autopilot
The Tesla Inc. logo displayed at a Tesla Motors Japan store in Tokyo. (Shoko Takayasu/Bloomberg News) Tesla Inc. is facing ...more
Yokohama Recalls 6,992 Commercial Tires
A Yokohama tire warehouse. (Yokohama Tire Corp.) Yokohama Tire Corp. is voluntarily recalling 6,992 of its commercial tires, the company ...more
Sam’s Club to Open Big Distribution Center in Oklahoma City
Sam’s Club will open a 300,000-square-foot, multipurpose distribution center in Oklahoma City at OKC Logistics Park, which will eventually include ...more
BYD’s Growth Slows as China’s Auto Price War Takes Its Toll
A BYD Co. Dynasty series electric vehicle at a dealership in Beijing on Aug. 28. (Bloomberg News) BYD Co. reported ...more
Flatbed and Cargo Safety Depends on Securement
Although the driver isn’t always the one who ties down and secures the load, they are responsible for the examination ...more
Volvo Offers Fleets a Leg Up on Charging Infrastructure
Volvo Trucks introduces its Turnkey Solutions program with two full-service partners — InCharge Energy and ...more
Truck Tonnage Dips 3% Year-Over-Year in July
Truck tonnage in July declined by 3% compared with the same month in 2022. (TT ...more
Top Democrats, White House Celebrate CHIPS Act Anniversary
A silicon chip is attached to a printed circuit board. The CHIPS and Science Act, ...more
Uber Freight Partners With Redkik on Cargo Insurance
Redkik will have its InsurTech software integrated into Uber Freight’s Shipper Platform. (Uber Freight) Uber ...more
In-App Weather Alerts Prevent Accidents and Nuclear Verdicts
In 2014, a 7 and 12-year-old were killed when the driver of a pickup truck ...more
Port of Baltimore Welcomes Biggest Containership Ever
The Evergreen Ever Max at Port of Baltimore on Aug. 19. (Port of Baltimore via ...more
Hilary Pushes Into Nevada After Drenching California
Maura Taura surveys the damaged cause by a downed tree outside her home in Sun ...more
Ron Storn Joins Leadership Team at Truckstop
A human resources professional for two decades, Ron Storn has been appointed as the new ...more
