Forward Air Corp. reported record third-quarter net income, earnings per share and revenue from selecting, handling and pricing higher quality freight.
November 1, 2022Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Dedicated Contract Carriers
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Extras
Forward Air Posts Record Q3 Income, Revenue
Mediterranean Shipping Co. Clashing With Machinists’ Union Over Seattle Terminal Duties
Mediterranean Shipping Co. filed a motion in late October with the National Labor Relations Board urging SSA Marine Inc. to assign tasks at the Port of Seattle’s Terminal 5 to the International Longshore and Warehouse Union.
Port of Oakland Turns to Agriculture to Replace Lost Cargo Volumes
Port of Oakland Executive Director Danny Wan says the port has embarked on a plan to play to its strength as one of the leading agriculture export facilities in the world to soften the impact of COVID challenges of the past three years.
Industry Groups Urge White House to Intercede on Rail Talks
A coalition of 322 organizations that relies on the nation’s Class I freight railroads wrote a letter to President Joe Biden Oct. 27, urging the White House and administration officials to continue to seek a settlement in the increasingly bitter contract dispute that could result in a nationwide rail strike in November or December and could cause extensive damage to the U.S. economy.
East Coast, Gulf Ports Trending Up in Volume; West Coast Mostly Sees Decline
Ports on the East Coast and Gulf of Mexico generally saw container volumes in September increase, and West Coast facilities saw significant year-over-year drop-offs.
October 31, 2022Perspective: Prioritizing Our People
New ATA Chairman Dan Van Alstine writes, "As incoming chairman of American Trucking Associations, I am honored for the opportunity to represent so many incredible individuals who form this amazing industry."
SpaceX’s Swarm Subsidiary Launches Satellite-Based Tracking Device
Swarm, a satellite data service provider owned by SpaceX, has introduced a simple asset-tracking device that can function anywhere in the world using the company’s global satellite network.
APM Terminals Mobile Reports Record Containers Handled for September
APM Terminals Mobile handled a company record number of 20-foot-equivalent containers in September, the port networks operator said Oct. 27.
October 28, 2022Second Railroad Union Rejects Deal, Adding to Strike Worries
A second railroad union rejected its deal with the major U.S. freight railroads on Oct. 26, reflecting workers’ increasing frustration with the lack of paid sick time in the industry and adding to concerns about the possibility of a strike next month that could cripple the economy.
PhilaPort Terminal Gets $20.3 Million Grant to Ease Truck Congestion
The Port of Philadelphia will have less truck congestion and more capacity thanks to a $20.3 million federal infrastructure grant award.