Kansas City Southern reported mixed third-quarter financial results on Oct. 19, as the Class I freight railroad saw a 13% jump in revenue to $744 million, compared with $659.6 million a year earlier.
October 19, 2021Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Kansas City Southern Reports Mixed Q3 Earnings
September Port Numbers Remain Strong as Leaders Address Congestion
The ports of Los Angeles and Long Beach are gearing up to operate 24/7 to clear the massive backlog of 20-foot-equivalent (TEU) containers as they pile up at the two Southern California ports and others on the Pacific and Atlantic coasts.
Tonnage Jumps in September
Truck tonnage increased on both a sequential and year-over-year basis in September, recording a 2021 high mark amid an environment where a shortage of drivers and trucks is keeping rigs fully loaded on most runs, American Trucking Associations reported Oct. 19.
Amazon to Hire 150,000 Workers for Seasonal Jobs
Amazon .com is ramping up its operations for the holiday shopping season, announcing Oct. 18 that it’s adding 150,000 seasonal jobs across the U.S.
XPO Logistics Opens New LTL Hub in Chicago Area
XPO Logistics Inc. opened a new less-than-truckload service center in the Chicago area, the company announced Oct. 18.
October 18, 2021ATA’s Signature Conference Touts Workforce
American Trucking Associations’ annual Management Conference & Exhibition returns as an in-person meeting this year, providing trucking leaders with a forum to discuss pressing industry issues in a moment when moving goods efficiently across the country has never been in sharper focus.
Perspective: Engagement Is Vital to Industry
I got to see up close just how important it is to be engaged with the association, and as I turn the wheel over, I want that to be the message I leave you with: Engagement is key in moving our agenda and industry forward.
J.B. Hunt Reports $3.14 Billion in Revenue for Q3
J.B. Hunt Transport Services experienced both revenue and net income growth during the third quarter of 2021, the company reported Oct. 15.
'All Hands On Deck’ at Seattle, Tacoma Ports
Seattle and Tacoma port authorities said Oct. 13 it’s “all hands on deck” as they work to address cargo ship congestion in Puget Sound.
Containership Traffic Jam in Southeast Asia Worst Since April
Typhoon Kompasu has resulted in the worst container shipping traffic jam in months, one that now stretches throughout Southeast Asia and may take weeks to unravel.