News
At 50, FedEx faces new opportunities and challenges
As Monday broke over Wall Street, 60 top FedEx Corp. executives stood at the podium of the New York Stock Exchange to ring the opening bell for trading. Cities across the globe from Kuala Lumpur, Malaysia, to the company’s…
Weekly Fuel Report: April 18, 2023
Learn more at SONAR.FreightWaves.com The post Weekly Fuel Report: April 18, 2023 appeared first on FreightWaves.
Prologis’ Q1 report, full-year guidance largely in line
Logistics warehouse owner Prologis said Tuesday it continued to see strong trends to start the year even as the macroenvironment has begun to cool. Prologis (NYSE: PLD) reported first-quarter core funds from operations (FFO)…
Real estate developers acquire Arizona site for rail-served facilities
Commercial real estate developers Trammell Crow and CBRE Investment Management have acquired a nearly 200-acre site in Mesa, Arizona, with plans to prime the site for rail-served industrial development. The 192-acre site —…
J.B. Hunt Posts Lower Earnings, Revenue in Q1
J.B. Hunt Transport Services President Shelley Simpson noted the trucking industry has entered a freight recession while discussing first-quarter results April 17.
Biden Policy May Cost EV Makers Some Customers
Andrew Scott doesn’t know for sure yet, but the Biden administration may cost Hyundai his business.
CMA CGM Offers to Buy Bolloré Logistics for $5.5 Billion
Maritime transport giant CMA CGM SA has entered exclusive talks to buy Bolloré SE’s logistics arm for an enterprise value of 5 billion euros ($5.5 billion).
Strike ahead? What to watch as UPS and Teamsters negotiations unfold
By Micheal McDonagh The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. Labor issues are a long-standing fixture of logistics discourse. But…
Free-range birds take first steps outside in five months
Farmers Weekly Poultry in England and Wales can range outside again today (18 April) as the mandatory avian influenza housing restrictions are lifted. But, with the virus still circulating, anxiety levels among free-range…
Death threats over Welsh hill farmer’s lamb adoption video
Farmers Weekly Welsh hill farmer Gareth Wyn Jones has received death threats after posting a video on social media showing a traditional lamb adoption. Mr Wyn Jones, who farms in Llanfairfechan, North Wales, uploaded the…
