Weeks after the California Air Resources Board approved a rule to limit rail pollution, the Pacific Harbor Line on May 4 unveiled one of the nation’s most advanced zero-emission locomotives.
May 5, 2023Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Twin California Ports Introduce Zero-Emission Locomotive
Werner Reports Lower Q1 Earnings on Higher Revenue
Werner Enterprises’ revenue increased but earnings declined during the first quarter of 2023, the company reported May 3.
Maersk Profits Slip in Q1, Forecasts Weak 2023
A.P. Moller-Maersk A/S, a bellwether for global trade, signaled weaker results for the rest of 2023 after reporting first-quarter operating profit that tumbled by more than half.
Yellow Reports Q1 Loss
Less-than-truckload carrier Yellow Corp. announced first-quarter earnings May 3 that missed Wall Street revenue and income expectations.
XPO Reports $1.9 Billion Revenue for Q1
XPO Inc. experienced an increase in revenue despite a challenging freight environment during the first quarter of 2023, the company reported May 4.
Shipping Lobby Group Advises Caution on Climate Targets
An influential shipping industry group has quietly warned shippers to think carefully before they sign up for a new plan to reduce their contribution to climate change.
RXO Reports $1 Billion Revenue for First Full Quarter
RXO on May 3 reported revenue exceeding $1 billion in its first full quarter as an independent company. The Charlotte, N.C.-based business formerly operated within XPO.
Ryder Introduces Electric Vehicle Service
ANAHEIM, Calif. — Ryder System Inc. has introduced an electric vehicle program that includes advisers, electric vehicle leasing, vehicle charging, telematics and maintenance services.
FMC Commissioner Calls for Transparency in Shipping Industry
Federal Maritime Commissioner Carl Bentzel believes that the port bottlenecks that occurred during the peak of the coronavirus pandemic must be avoided during future emergencies.
Japan Airlines to Debut Its First Freighter Planes in 13 Years
Japan Airlines Co. will introduce three new cargo planes for the first time in more than a decade, seeking to diversify revenue by tapping into global and local consumer demand.