During the past four years, supply chain and logistics companies have ridden the highs and lows of a market that included a pandemic and fractured economy to keep goods moving.
April 29, 2024Logistics 50 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
Logistics Supply Chain Shows Steadiness Amid Rough Waters
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April 29, 2024Sponsored ContentCleveland-Cliffs Backs Ancora in Norfolk Southern Fight
Cleveland-Cliffs Inc., a major customer of Norfolk Southern Corp., has backed activist investor Ancora Holdings Group in its effort to overhaul the board of the railway company.
Universal Logistics Reports 12.5% Revenue Boost for Q1
Universal Logistics Holdings well surpassed expectations with both revenue and earnings increasing year-over-year during the first quarter of 2024, the company reported.
Landstar Reports Revenue Decline for Q1
Landstar System Inc. experienced a decline in revenue and earnings during the first quarter of 2024, the company reported April 24.
First Ship Leaves Port of Baltimore via Deeper Channel
The first of 11 ships trapped for a month behind the wreckage of the Francis Scott Key Bridge left the Port of Baltimore April 25 using an alternate shipping channel that had just opened.
Covenant Q1 Profit Slumps 76% on Freight Rate Weakness
Covenant Logistics Group profits tumbled in the first quarter of 2024, with freight rates and volumes taking a toll on earnings as expected.
Amazon Web Services to Build Data Center in Northern Indiana
NEW CARLISLE, Ind. — Amazon Web Services plans to invest $11 billion to build a data center in northern Indiana that will create at least 1,000 new jobs, state and company officials announced.
April 25, 2024Union Pacific’s First-Quarter Profit Creeps Up 1%
OMAHA, Neb. — Union Pacific’s first-quarter profit crept 1% higher as the railroad tightened up on expenses — particularly its fuel bill — even though it delivered slightly less freight.
Tonnage Numbers Hit 13th Month of Declines
Truck tonnage reached 13 consecutive months of year-over-year declines after a slight decrease in March, American Trucking Associations reported April 23.