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Logistics News
Business, Logistics, For-Hire

TFI Q4 Profits Fall 14.4% as Deals Dull Freight Market Toll

Profits at TFI International in the fourth quarter fell 14.4% compared with the same period a year earlier, as acquisitions softened the impact of a weak freight environment.

Keiron Greenhalgh | Staff Reporter
February 9, 2024
Business, Logistics

Lineage Logistics Leads US IPOs Heading for Second Quarter

Lineage Logistics is leading a crop of private companies weighing initial public offerings in the U.S. as soon as the second quarter, according to people familiar with the matter.

February 9, 2024
Government, Business, Safety, Logistics

Buttigieg, Shipping Stakeholders Discuss Red Sea Tensions

Transportation Secretary Pete Buttigieg held two private meetings with stakeholders to discuss shipping, regional navigation and supply chain issues in the Red Sea and Gulf of Aden.

Noël Fletcher | Staff Reporter
February 9, 2024
Business, Logistics, Global Freight, TCA

Port of Mobile to Build Container Facility in North Alabama

The Alabama Port Authority and CSX Transportation announced that Decatur, Ala., will be home to a new intermodal container transfer facility to connect north Alabama to the Port of Mobile.

David Gambino | The Decatur Daily, Ala.
February 8, 2024
Government, Safety, Logistics

Congressional Democrats Push Rail Safety Bills

To mark the anniversary of a freight train derailment in Ohio, policymakers renewed calls for approving a legislative response as the industry highlights safety improvements.

Eugene Mulero | Senior Reporter
February 8, 2024
Business, Logistics, For-Hire

Forward Air CEO Tom Schmitt Exits After Omni Deal Completion

Forward Air CEO Tom Schmitt exited the company days after finally completing the carrier’s at-times contentious merger with Omni Logistics.

Keiron Greenhalgh | Staff Reporter
February 8, 2024
Business, Technology, Logistics

RXO Closes First Full Year as Company With Q4 Results

RXO closed out its first full year as a stand-alone company by reporting fourth-quarter earnings gains on a year-over-year revenue decline, the company detailed Feb. 8.

Connor D. Wolf | Staff Reporter
February 8, 2024
Government, Business, Safety, Logistics, TCA

Planned Savannah Private Port Terminal Stokes Traffic Fears

SAVANNAH, Ga. — The planned SeaPoint marine terminal east of downtown Savannah is spurring concerns about port-related traffic overwhelming the streets and rail tracks in the area.

Adam Van Brimmer | The Atlanta Journal-Constitution
February 8, 2024
Government, Business, Safety, Logistics

Shipping Officials: Supply Chain Equipped to Deal With Attacks

The world’s critical shipping lanes are facing a group of modern-day “Barbary pirates” with the recent violence in the Red Sea, according to Federal Maritime Commissioner Carl Bentzel.

Dan Ronan | Senior Reporter
February 8, 2024
Business, Technology, Equipment, Fuel, Logistics

Leading Container Maker Sees Profit Jump in Hydrogen Business

China International Marine Containers Group, the world’s biggest manufacturer of shipping containers, is seeing a surge in revenues from its hydrogen business, a good sign for the fuel.

February 8, 2024
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