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Freight Waves

Stord buys fulfillment segment of Pitney Bowes’ e-commerce division

Supply chain logistics company Stord purchased the fulfillment services operation of Pitney Bowes’ e-commerce division on Friday, according to a report by The Information independently confirmed by FreightWaves. Terms of the acquisition weren’t immediately available, according to the report.  The…

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Freight mix, terminal openings weigh on Saia’s Q2; stock drops 20%

Growing pains from building out a national network hampered Saia’s second-quarter results, sending shares of the less-than-truckload carrier more than 20% lower briefly on Friday. Incremental operating costs from the company’s terminal additions and a mix shift to lower-weight, retail…

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CN main line reopens through fire-ravaged Jasper, Alberta

This story originally appeared on Trains.com. MONTREAL – Canadian National reopened its main line through Jasper, Alberta, this morning and began moving a backlog of traffic that had built up this week while wildfires threatened and ultimately engulfed part of…

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Running on Ice: An IPO gold rush for Lineage

This year’s Future of Freight Festival takes place Nov. 19-21 in Chattanooga, Tennessee. But it’s not your average conference. Sure, there are wonderful speakers and fireside chats. But that’s only half the fun. F3 is set up with half-days of…

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Kodiak’s autonomous course correction

If bragging rights matter, Kodiak Robotics gets them for the first-known driverless commercial freight delivery. But the feat achieved in early May was not what many had expected: a 53-foot dry van of consumer goods rolling 65 mph on a…

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