Roughly two million import and export containers are expected to move through the Port of Coos Bay each year once the new terminal is up and running.

The transportation and logistics sector tends to see a lot of mergers and acquisitions because it’s highly fragmented, creating an opportunity for rollup plays.

Political factions and the powerful German trade union Ver.di opposed the Hamburg deal, saying it would cost jobs and cede control of the port to a foreign company.

The purchase will make DSV the world’s largest freight-forwarder and turn it into Denmark’s second-largest company by revenue.

Although Ports of Indiana-Burns Harbor is the 25th largest port in the U.S., all containers that travel through the Chicago area are moved by rail or truck.

The company says it sold 112 hydrogen trucks — assembled in Coolidge, Arizona with a range of 500 miles — in the first half of 2024.

According to cargo security company Overhaul, there were 38% more cargo thefts in the first quarter of 2024 compared to the same timeframe last year.

HERE's Fleet Optimization package uses artificial intelligence to analyze historical traffic data to map the most efficient routes for fleet vehicles.

As supply chains grow more intricate and consumer expectations increase, the ability to track shipments in real time becomes a crucial component for forwarders striving to maintain a competitive edge.