Werner Enterprises experienced a year-over-year drop in earnings on a slight decrease in revenue during the third quarter, the company reported Nov. 1.
November 2, 2023Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
Werner Enterprises Reports Earnings Drop on Steady Revenue
Port Leaders Push Wind Power as Long-Term Solution
AURORA, Colo. — Port leaders believe they are part of the solution to capturing renewable wind energy off of their coasts and under their operation with giant wind turbines that float on the water.
Forward Air Reports 82% Earnings Drop During Q3
Forward Air Corp. reported an 82.2% drop in earnings during the third quarter of 2023 as revenue declined amid a weak freight environment, the company reported Oct 30.
Georgia Port Expanding to Become Country’s Largest Auto Port
On Oct. 30, Georgia Ports Authority CEO Griff Lynch highlighted expansion projects that will allow the Port of Brunswick to surpass Baltimore as the nation’s top port for automobile shipping as early as 2026.
September Container Volume Shows Ports on Rebound
Two of the nation’s largest ports on the Pacific Coast bounced back in September with strong container volume numbers.
October 31, 2023ADM Strikes Supply Deal for US Plant-Based Chemical Factory
Archer Daniels Midland Co. has agreed to supply biochemical maker Solugen Inc. with raw materials needed to make plant-based acids at a plant to be built in southwest Minnesota.
St. Lawrence Seaway Reaches Deal to End Shipping Strike
A deal was reached Oct. 29 to end a weeklong strike that had shut down a major shipping artery in the Great Lakes, halting the flow of grain and other goods from the U.S. and Canada.
October 30, 2023Universal Reports Revenue Decline Amid Q3 Headwinds
Universal Logistics Holdings experienced an overall decrease in revenue, with each segment facing year-over-year declines for the third quarter of 2023, the company reported Oct 26.
Norfolk Southern Turns to Automated Inspection Portals
Norfolk Southern has installed automated inspection portals on its tracks in Ohio — not far from where one of its trains went off the tracks in February and spilled chemicals that caught fire.
Ryder Reports Slight Revenue Decline for Q3
Ryder System Inc. experienced a slight decline in year-over-year revenue amid market headwinds during the third quarter of 2023, the company reported Oct. 25.