Noi Mahoney

1 week ago | freightwaves.com | Noi Mahoney

GXO Logistics Inc. recently announced two significant developments focused on shaping its future growth trajectory. The company has appointed a new chief executive officer and received clearance from the United Kingdom Competition and Markets Authority (CMA) for its acquisition of Wincanton. Patrick Kelleher was named CEO on Friday. He will begin his tenure on Aug. 19 and will be based at the company’s Greenwich, Connecticut.

1 week ago | freightwaves.com | Noi Mahoney

The attorneys for the family of a woman killed in a wreck with a tractor-trailer hope their case highlights how quickly bad things can happen on the roadway. In March 2021, Jamie Roth, 34, died when a heavy-duty truck driven by Gursimran Singh crashed into her stalled car on Interstate 70 outside of Edwardsville, Illinois. Her family’s civil team — lawyers Kevin Etzkorn and Nathan A.

1 week ago | freightwaves.com | Noi Mahoney

Layoffs continue to impact the freight industry as firms across the U.S. and Mexico announced 8,794 job cuts over the past several weeks. The workforce reductions are tied to companies operating in sectors such as trucking, warehousing, logistics, food suppliers and manufacturing.

1 week ago | freightwaves.com | Noi Mahoney

Electronics component maker Jabil is betting on surging infrastructure demand for AI data centers throughout the U.S.Jabil (NYSE: JBL) said on Tuesday that it’s investing $500 million over the next several years to expand its footprint to support cloud and AI data center customers. The investment includes large-scale production facilities, capital investments and workforce development.

1 week ago | freightwaves.com | Noi Mahoney

President Donald Trump and British Prime Minister Keir Starmer said on Monday they have agreed to ease tariffs on some goods from both countries amid ongoing negotiations for a broader trade deal. The agreement announced on Monday includes slashing tariffs on aerospace imports from the U.K. to zero, which will take effect by the end of the month. The deal also lowers tariffs on auto imports from the U.K. to 10% on the first 100,000 vehicles, according to the White House.