In a strategic business maneuver aimed at addressing the ongoing driver shortage in the trucking industry, Japanese logistics provider Trancom will transition to private ownership. This significant shift is happening through a management buyout (MBO) in collaboration with U.S. private equity firm
The employment landscape in Alberta's trucking and logistics sector is undergoing significant shifts. Recent data reveals a paradox: while the overall job market in the sector is expanding, particularly for transport truck drivers, material handlers are experiencing notable job losses. This
Expanding its footprint in the trucking logistics industry, PGT Trucking has unveiled plans to open two new terminals in Ghent, Kentucky, and Spartanburg, South Carolina. This calculated move aims to enhance operational efficiency, capitalize on regional market opportunities, and foster economic
Australia's vast and diverse landscape poses unique challenges for the transportation and logistics industry. The vision of decarbonizing long-haul trucking through electric vehicles (EVs) is ambitious, but feasible solutions are still on the horizon. As the sector grapples with distance,
A strategic partnership between Liege Airport and Liège Logistics Intermodal (LLI) is set to transform freight transport connectivity in the Liege region, promising significant infrastructural advancements. This collaboration involves a substantial investment of €22 million by 2030 to modernize and
Australia's road freight industry is set for a transformative shift towards sustainability as Countrywide Hydrogen, Ofload, and 7R Logistics announce a groundbreaking Collaboration Agreement. This strategic partnership aims to establish a zero-emissions logistics solution nationwide,