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Logistics News
Government, Business, Logistics

Republicans Counter Biden With $568 Billion Infrastructure Plan

A $568 billion plan that focuses on surface transportation connectivity improvements and greater access to broadband internet for rural residents was unveiled by the Republican leadership in the U.S. Senate April 22.

Eugene Mulero | Senior Reporter
April 22, 2021
Government, Business, Logistics

Biden’s Postal Board Nominees Say Restoring Service Is Vital

President Joe Biden’s nominees to the governing board of the U.S. Postal Service pledged April 22 to rebuild trust with the American public through prompt deliveries, as they outlined a vison for the agency in their first formal statements to lawmakers.

Anthony Izaguirre | Associated Press
April 22, 2021
Business, Logistics, Top 100

Old Dominion Freight Line Reports Strong Q1 Growth

Old Dominion Freight Line saw revenue and net income rise for the first quarter of 2021, the company reported April 22.

Connor D. Wolf | Staff Reporter
April 22, 2021
Business, Logistics, Top 100

Mullen Posts Increased Q1 Earnings on Declining Revenue

Mullen Group nearly tripled its earnings but saw revenue decline in the first quarter as growth was hindered by Canada’s slow recovery from the COVID-19 pandemic.

Jerry Hirsch | Contributing Writer
April 22, 2021
Business, Technology, Equipment, Logistics

Volvo Group Sees More Risk From ‘Unstable’ Chip Supply Chain

Volvo Group said it may see further disruption from the semiconductor shortage that has forced the truck maker to idle plants, potentially hobbling a recovery that has seen orders more than double.

Niclas Rolander | Bloomberg News
April 22, 2021
Business, Equipment, Logistics

Pacific, Atlantic Coast Ports Set TEU Records in March

On both coasts, the nation’s ports continued their record pace for container volumes in March as goods keep coming into the U.S., nearly 14 months into the COVID-19 pandemic.

Dan Ronan | Senior Reporter
April 20, 2021
Business, Logistics, Breaking News

March Truck Tonnage Falls 9.5% Year-Over-Year

Truck tonnage in March declined on an annual and month-to-month basis, but the year-ago decline is up against comparisons to the first month that the COVID-19 pandemic gripped the nation, said American Trucking Associations Chief Economist Bob Costello in the federation’s monthly For-Hire Truck Tonnage Index release.

Dan Ronan | Senior Reporter
April 20, 2021
Business, Logistics

CN Makes $33.7 Billion Bid for Kansas City Southern

A bidding war is breaking out for Kansas City Southern, with Canadian National Railway making a $33.7 billion cash-and-stock offer for the railway.

Michelle Chapman | Associated Press
April 20, 2021
Business, Logistics

XPO Logistics Announces Mark Manduca as Chief Investment Officer for GXO

XPO Logistics announced Mark Manduca will become chief investment officer of its planned spinoff business, GXO Logistics.

Connor D. Wolf | Staff Reporter
April 19, 2021
Business, Technology, Logistics

KC Southern Reports Mixed Q1 Earnings

Kansas City Southern reported mixed first-quarter earnings.

Dan Ronan | Senior Reporter
April 19, 2021
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