C.H. Robinson reported improved second-quarter earnings as productivity gains from its Lean AI strategy and continued cost discipline helped offset a freight market that remains uneven across transportation modes.
The global logistics provider said its results reflected continued market share gains and improved operating efficiency as the company expanded the use of artificial intelligence and automation across its freight operations. Management said those initiatives continue to improve execution for both shippers ...
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The U.S. for-hire trucking market remained on firmer footing in June as tightening capacity continued to support freight rates, even as freight volumes moderated from May's cycle high, according to the latest ACT Research For-Hire Trucking Index.
ACT's seasonally adjusted Volume Index slipped 1.8 points to 65.9 in June from 67.7 ...
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Enterprise AI startup Freehand has raised US$75 million to expand deployment of autonomous artificial intelligence agents designed to manage supply chain spending, procurement and invoice processing for large global manufacturers and retailers.
The Series B financing was co-led by Battery Ventures and NewRoad Capital Partners, with participation from PSP Growth, Nexus ...
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DHL Freight will become the first operator of the European-built SuperPanther eTopas 600 electric heavy-duty truck, marking another step in the company's effort to decarbonize its road freight fleet.
The first production vehicle rolled off the assembly line at Steyr Automotive's plant in Austria and will be transferred to the Netherlands ...
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Union Pacific and Canadian National Railway have reached a binding agreement that would expand CN's access to key U.S. Midwest markets while removing the Canadian carrier's opposition to Union Pacific's proposed acquisition of Norfolk Southern.
The memorandum of understanding establishes a framework for preserving rail competition following the proposed merger, which ...
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A survey released by We Pay the Tariffs, an advocacy organization that opposes broad U.S. tariffs, found many small businesses continue to report higher costs, reduced margins and delayed investment tied to U.S. trade duties, underscoring the ongoing challenges many importers say they face despite evolving tariff policies.
The report is ...
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NYK has completed its acquisition of Norway-based open-hatch vessel operator Saga Welco AS, making the company a wholly owned subsidiary of NYK Holding (Europe) B.V. after regulatory approvals.
The deal, announced in March, gives NYK full ownership of Saga Welco, which had previously been jointly owned with Norway's Westfal-Larsen Group.
Saga Welco ...
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The International Air Transport Association has appointed Saadia Zahidi as its next director general, effective Nov. 1, making her the first woman to lead the global airline trade association.
Zahidi joins IATA after more than two decades with the World Economic Forum, where she serves as managing director and a member ...
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The U.S. Environmental Protection Agency has proposed revising its heavy-duty nitrogen oxide (NOx) emissions standards for model year 2027 trucks, a move the agency says could reduce the cost of new commercial vehicles by as much as US$6,000 each while saving the trucking industry an estimated US$12 billion.
The proposal would ...
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U.S. for-hire truck tonnage edged up 0.1 percent in June following a revised 3.2 percent decline in May, though volumes remained below year-earlier levels as freight demand continued to soften, according to the American Trucking Associations.
ATA's seasonally adjusted For-Hire Truck Tonnage Index rose to 113.1 in June, based on 2015 ...
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