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Freight Marketplace Cargado Raises $12M to Expand Operations

Load board company Cargado gained $12 million through a recent funding round with the aim of bolstering its cross-border freight marketplace, the company announced April 7.

April 8, 2025

Mack Aims Pioneer at Longhaul Segment

Gunnar Brunius, Mack Trucks vice president of Lehigh Valley Operations, couldn’t hide his enthusiasm in comparing the newest model, Pioneer, to the former standard-bearer, Anthem.

April 8, 2025

Top 100 3PLs Face Slow Growth, Trade Uncertainty

While continuing to endure a stubbornly slow freight market recovery, the largest third-party logistics providers in North America also face a murky outlook for international trade.

April 10, 2025

UPS Targets LTL, E-Commerce With New Delivery Options

The logistics giant this week introduced UPS Ground Saver and UPS Ground with Freight Pricing, both part of a broader strategy to compete more aggressively in the evolving delivery market.

April 8, 2025

US Vows to Shield Panama Canal From China Threat

Pete Hegseth's visit comes amid tensions over President Trump’s assertions that the U.S. is being overcharged to use the Panama Canal and that China has influence over its operations.

April 8, 2025

3PLs Face Mixed Results Across Segments in 2024

While some segments of the logistics market saw expansion, such as dedicated carriage and freight forwarding, others faced slower growth, including freight brokerage and warehousing.

April 10, 2025

Patton Logistics Group Makes $10M Expansion in Virginia

The Patton Logistics Group announced a $10 million expansion in Virginia, which will add a 100,000-square-foot warehouse and distribution facility to the company’s footprint in the state.

April 8, 2025

Trump Schedules Tariff Talks but Plans 104% Hit on China

Hopes for President Donald Trump to strike a last-minute deal with China on tariffs appeared distant.

April 8, 2025

Keystone Oil Pipeline Is Shut After a Spill in North Dakota

South Bow’s Keystone oil pipeline has been shut after a spill in southeast North Dakota, according to an official with the state Department of Environmental Quality.

April 8, 2025