Marten Transport’s earnings declined despite increased revenue during the first quarter, the company reported April 18.
April 19, 2023Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
Marten Transport Posts Mixed Financials for Q1
Boeing Plans to Boost Output of 737s Despite Glitch
Boeing Co. is moving ahead with plans to hike output of its cash-cow 737 jetliner while dealing with the ripple effects from a new production flaw uncovered by one of its largest suppliers.
Nippon Express in Talks to Buy Logistics Firm Cargo-Partner
Nippon Express Holdings Inc. is in talks to buy Austrian logistics provider Cargo-Partner GmbH, people with knowledge of the matter said.
April 18, 2023NFI Ramps Up Battery-Electric Truck Deployment in California
NFI Industries will deploy 50 Class 8 battery-electric trucks (BETs) in Southern California, the for-hire truckload carrier said.
April 18, 2023Truck Tonnage Falls 5% in March
Truck tonnage experienced its steepest declines since 2020 amid slowdowns across multiple sectors, American Trucking Associations announced.
J.B. Hunt Posts Lower Earnings, Revenue in Q1
J.B. Hunt Transport Services President Shelley Simpson noted the trucking industry has entered a freight recession while discussing first-quarter results April 17.
April 18, 2023CMA CGM Offers to Buy Bolloré Logistics for $5.5 Billion
Maritime transport giant CMA CGM SA has entered exclusive talks to buy Bolloré SE’s logistics arm for an enterprise value of 5 billion euros ($5.5 billion).
UPS, Teamsters Poised for Massive Contract Talks
High-stakes negotiations could start April 17 between the Teamsters and package delivery giant UPS that could have far-reaching reverberations.
Boeing’s Parts Issue Stifles 737 Max Deliveries
Boeing Co. is pausing deliveries of some 737 Max jets to address a production issue on the rear end of some aircraft.
Port of L.A.’s Seroka: No Contingency Plans for Strike
Port of Los Angeles Executive Director Gene Seroka said April 12 that there are no contingency plans if labor negotiations turn into a work stoppage or strike.