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Logistics News
Business, Logistics

Amazon’s $191 Billion Jump Sets Record for Market Value Gain

Amazon.com Inc. shares surged 14% on Feb. 4, adding about $191 billion in market value, after investors cheered its fourth-quarter earnings report. The advance was the biggest single-day gain in U.S. stock market history.

February 4, 2022
Business, Logistics

CFI Plans to Upgrade Tractors, Raise Pay

TFI International operating company CFI on Feb. 2 detailed plans to upgrade its fleet equipment and increase driver pay this year.

February 4, 2022
Business, Equipment, Logistics, Top 100

Yellow Reports Mixed Q4, 2021 Results

Less-than-truckload carrier Yellow Corp. reported mixed year-over-year fourth-quarter and full year earnings.

Dan Ronan | Senior Reporter
February 3, 2022
Government, Business, Logistics

Kansas City Southern Earnings Rise

As it undertakes a $30 billion merger, Kansas City Southern released its fourth-quarter and full-year 2021 financial report on Jan. 28.

Dan Ronan | Senior Reporter
February 3, 2022
Government, Business, Logistics

Bulk Shipping Rates Extend Slide on Weak Demand From China

A slowdown in China’s steel production is curbing demand for bulk ships to transport iron ore, driving a steady decline in global freight rates from October’s peak.

Ann Koh | Bloomberg News
February 3, 2022
Business, Logistics, Top 50

C.H. Robinson Reports 55.7% Earnings Surge for Q4

C.H. Robinson Worldwide saw net income soar during the fourth quarter of 2021, the company reported Feb. 2.

Connor D. Wolf | Staff Reporter
February 2, 2022
Government, Safety, Logistics

Texas Braces for Deep Freeze With All Eyes on Power Grid

Cold and ice is set to sweep Texas, raising the risk of power outages and boosting energy demand in what will be the biggest test to the state’s electric grid since last year’s catastrophic blackouts.

February 2, 2022
Business, Logistics

Port of Oakland Plans Pop-Up Terminal for Ag Exports

Beginning in early March, the Port of Oakland, with the help of the U.S. Department of Agriculture, will set up and operate a 22-acre, multimillion-dollar pop-up container yard specifically for agricultural exports.

Dan Ronan | Senior Reporter
February 2, 2022
Business, Equipment, Logistics, Top 100

ArcBest Reports Strong Q4, Year on High Demand

ArcBest Corp. reported record profits and revenue for the fourth quarter and the full year thanks to surging freight demand.

Jerry Hirsch | Contributing Writer
February 1, 2022
Business, Logistics, Top 100

UPS Surges After 2022 Forecasts Exceed Wall Street’s Estimates

UPS Inc. on Feb. 1 announced record fourth-quarter and full-year financial results, as online holiday shopping boosted home parcel deliveries while an increase in medical shipments kept the company’s drivers and trucks busy.

Dan Ronan | Senior Reporter
February 1, 2022
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