Government, Business, Technology, Safety, Autonomous

Driverless Truck Companies Hoping to Ditch Human Copilots

Driverless trucks with no humans on board will soon cruise Texas highways if three firms have their way despite objections from critics who say finances, not safety, is behind the timetable.

Thomas Black | Bloomberg News
January 5, 2024
Business, Logistics, Breaking News, For-Hire

TFI to Buy Daseke for $1.1 Billion

TFI International Inc., a Canadian carrier that has been growing through acquisitions, announced plans to purchase flatbed specialist Daseke Inc. for $1.1 billion, including debt.

Thomas Black | Bloomberg News
December 22, 2023
Business, Logistics

C.H. Robinson’s CEO Sees Freight Rebound in Second Half of 2024

C.H. Robinson Worldwide expects the freight recession will linger into next year, but sees a recovery taking hold in the second half of 2024.

Thomas Black | Bloomberg News
December 20, 2023
Government, Safety, Logistics, Global Freight

Railroads Urge Border Officials to Reopen US-Mexico Crossings

Railroads are calling for U.S. Customs and Border Protection to reopen U.S.-Mexico rail crossings at El Paso and Eagle Pass, Texas.

Thomas Black | Bloomberg News
December 18, 2023
Business, Technology, Autonomous, Global Freight

Pilotless FedEx, Reliable Robotics Plane Completes Flight

Reliable Robotics Corp. has flown a small cargo plane on loan from FedEx Corp. without a human on board, a step toward the autonomous flight startup winning regulatory approval.

Thomas Black | Bloomberg News
December 6, 2023
Business, Technology, Logistics, Autonomous

GXO Logistics Testing Humanoid Robot at Georgia Facility

Warehouse workers could soon face new competition from robots: GXO Logistics Inc. is testing a humanoid model at its facility in Flowery Branch, Ga.

Thomas Black | Bloomberg News
December 6, 2023
Business

XPO Founder Brad Jacobs Readies $1 Billion Acquisition Firm

Brad Jacobs, the billionaire who founded XPO Logistics, is creating a publicly listed company designed for multiple acquisitions and funded with $1 billion, mostly from Jacobs himself.

Thomas Black | Bloomberg News
December 4, 2023
Business, Technology, Logistics, Autonomous

Robots Outnumber People 15-to-1 at Massive New UPS Warehouse

UPS Inc. just opened its largest warehouse, and plans to fill the $79 million facility with more than 3,000 robots by next year to handle tasks like lifting and reduce the need for manual labor.

Thomas Black | Bloomberg News
November 15, 2023
Business, For-Hire

UPS Reports Lower Earnings on Labor Deal Costs

UPS Inc. cut its annual profit target on a spike in costs from a new union labor contract and weaker package demand.

Thomas Black | Bloomberg News
October 26, 2023
Business, Logistics

Union Pacific Profit Tops Reduced Estimates

Union Pacific Corp. reported profit that topped analysts’ estimates, which had been adjusted down in the last month, as the railroad leaned on efficiency to make up for lower carloads and higher labor costs.

Thomas Black | Bloomberg News
October 19, 2023