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Logistics News
Government, Business, Logistics

Majority of Trade Aid Went to Biggest Farms, Study Finds

More than half of the Trump administration’s trade war aid for farmers went to just 10% of the recipients in the program, according to analysis of payments by an environmental organization.

Mike Dorning | Bloomberg News
July 30, 2019
Business, Technology, Logistics

Uber to Cut About 400 Employees, Citing ‘Mediocre Results’

Uber Technologies Inc. said it’s cutting a third of its marketing department globally, as the CEO seeks to address concerns that the business is slowing down.

Eric Newcomer | Bloomberg News
July 29, 2019
Business, Logistics, Top 100

Covenant 2Q Transport Revenue Up, Net Income Down

Covenant Transportation Group Inc. reported earnings of 33 cents per share on $6.1 million in net income in the quarter ending June 30, the company said in a July 24 news release.

Jim Stinson | Staff Reporter
July 29, 2019
Government, Business, Logistics

US-China Talks Set to Resume as Neither Seems Eager for Deal

Almost three months after their trade talks broke down in acrimony, Chinese and American negotiators meet again in Shanghai this week amid tempered expectations for breakthroughs in their yearlong trade war.

July 29, 2019
Business, Logistics, Perspective

Perspective: Dealing With Specialty Goods When Consumers Expect Overnight Delivery

Given the robust demand for purchasing nonconveyable goods online — items such as exercise equipment and designer furniture — there exists for capable logistics providers a significant market opportunity.

Adam Fields | Founder and CEO, ARTA
July 29, 2019
Business, Logistics, Top 100

Forward Air Sets Revenue Record in 2Q

Forward Air Corp.’s net income dropped 8.2% from the same quarter last year, the Greeneville, Tenn.-based company reported July 26. But at the same time, the company set a second-quarter record for revenue.

Jim Stinson | Staff Reporter
July 26, 2019
Business, Logistics, Top 100

TFI International Reports Record Operating Income for 2Q

TFI International reported record results for its second quarter ending June 30, the company said in a July 25 press release.

Jim Stinson | Staff Reporter
July 26, 2019
Business, Logistics

Amazon’s Spending on One-Day Delivery Dents Profit, Trims Forecast

Amazon.com’s results were marred by a surge in costs tied to its one-day delivery push, worrying investors who had grown accustomed to almost two straight years of fattening profits.

July 26, 2019
Government, Business, Technology, Logistics, Top 100

China Rejects FedEx’s Defense for Rerouted Huawei Packages

China rebuffed FedEx Corp.’s claims that it mistakenly rerouted some Huawei Technologies Co. packages to the U.S. and warned that authorities found other violations by the American delivery firm, raising concern the company could face repercussions from Beijing.

July 26, 2019
Business, Logistics, Top 100

Mullen Group’s Revenue Jumps 7.9% as Oil Service Remains in Demand

Canadian carrier Mullen Group Ltd. increased revenue by C$23.3 million, or 7.9%, to $319 million in the second quarter ended June 30, according to a company news release.

Jim Stinson | Staff Reporter
July 25, 2019
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