Logistics Industry News
A collection of Logistics latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
1,617,165 Shares in Proficient Auto Logistics, Inc. $PAL Bought by BlackRock Inc.
BlackRock Inc. bought a new position in shares of Proficient Auto Logistics, Inc. (NASDAQ:PAL - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 1,617,165 shares of the company's stock…
BlackRock Inc. Purchases Shares of 546,072 Universal Logistics Holdings, Inc. $ULH
BlackRock Inc. purchased a new position in Universal Logistics Holdings, Inc. (NASDAQ:ULH - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 546,072 shares of the transportation company's…
GXO Logistics, Inc. (NYSE:GXO) Receives Consensus Recommendation of 'Moderate Buy' from Analysts
Shares of GXO Logistics, Inc. (NYSE:GXO - Get Free Report) have been assigned an average recommendation of 'Moderate Buy' from the fifteen brokerages that are covering the company, Marketbeat reports. Three investment analysts have rated the stock…
Empowered Funds LLC Acquires New Holdings in Universal Logistics Holdings, Inc. $ULH
Empowered Funds LLC bought a new position in shares of Universal Logistics Holdings, Inc. (NASDAQ:ULH - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The…
Delek Logistics Partners (NYSE:DKL) Stock Passes Above Two Hundred Day Moving Average - Time to Sell?
Shares of Delek Logistics Partners, L.P. (NYSE:DKL - Get Free Report) crossed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $52.93 and traded as high as $55.75. Delek Logistics Partners shares…
China expands currency swap with Egypt as trade ties reach new heights
Egypt's expanded currency swap with China may help bring the yuan into wider use in trade and investment, but experts say any reduced reliance on the US dollar will not happen in a hurry. Chinese President Xi Jinping and his Egyptian counterpart…
Russia targets Ukrainian military industry and shipping - MOD
The Russian military has conducted large-scale drone and missile strikes on Ukraine, targeting assorted dual-use infrastructure sites, industry, and shipping in the Black Sea, the Defense Ministry in Moscow said on Saturday. The ministry named a…
Many truckers don't feel like the rest of America about AI data centers as business booms
With as many as two-thirds of AI data centers being constructed in rural areas, the influx of truck traffic is reshaping truck routes and throwing a lifeline to a transportation business hit hard by macroeconomic uncertainty, from trade tariffs to…
Trump's $100 billion Venezuelan oil gamble is a direct hit on Russia and Canada
While this agreement cannot fulfill that domestic need instantly, the involvement of major Western operators drastically compresses the recovery timeline. Companies such as Chevron, ConocoPhillips, and prominent European firms maintain a deep…
If You Buy Amazon With $10,000 at a 10% Discount From Its High, Here's What I Predict It Could Be Worth in 10 Years
Amazon (AMZN -0.15%) is an exceptional business. It has a strong presence in multiple massive, high-growth industries. Its $2.7 trillion market capitalization makes it one of the most valuable companies on Earth. However, the shares have…
Dedicated Freight Corridors: How India's 2,843-km rail freight network is expanding
Dedicated Freight Corridors in India: India's freight transportation network is undergoing a major expansion with the development and operation of Dedicated Freight Corridors (DFCs). These dedicated rail routes are designed to provide faster…
Russian Strikes Keep Disrupting Western Arms Deliveries at Ukrainian Ports
The strike was part of continued Russian attacks on Ukrainian logistics hubs, defense-industry facilities, port infrastructure and vessels involved in supplying the Ukrainian military, the ministry said.Russian forces also hit BLACK AMMO facility…
Data center moratoria will make life less affordable for Americans
Every text message, hospital record, digital streaming platform, bank transaction and smartphone app that Americans rely on operates through a data center. Data centers are the engine behind the new technology and infrastructure that Americans use…
Capehart Claims Trump's Smithsonian Battle Is About Destroying 'Our Democracy
MS NOW's Jonathan Capehart freaked out on Friday when he guest-hosted The Last Word with Lawrence O'Donnell over the latest developments between the Trump administration and the Smithsonian Institute. As Capehart tells it, a recent letter from the…
Acer Project DualPlay Mini concept hands-on: Flipping from powerful handheld to powerful tiny laptop
Acer's most interesting announcements this week were its repairable laptop and the DualPlay Mini concept. They were two very different reveals for IFA: one a more sustainable approach to the laptop upgrade cycle, the other a dreamy/mad hybrid of a…
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