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Logistics News
Business, Logistics

Interactive Map: Where the 2022 Top 100 For-Hire Carriers Are in North America

Find out where the 2022 Top 100 For-Hire Carriers are located by regions and by state in North America with our interactive map.

July 29, 2022
Government, Business, Logistics

CP Announces Q2 Earnings, Moves Forward With Efforts to Acquire KCS

Canadian Pacific Railway posted a drop in net income but an increase in revenue for the second quarter, as it confronts renewed opposition to its planned acquisition of Kansas City Southern Railroad.

Dan Ronan | Senior Reporter
July 29, 2022
Business, Logistics, Private

Amazon Reports Strong Sales That Ease Fears of Slowdown

Amazon .com Inc. reported revenue that topped estimates and gave a strong sales forecast for the current quarter, allaying investor concerns about potential belt-tightening by inflation-rattled consumers. Shares jumped more than 10% in extended trading.

Spencer Soper | Bloomberg News
July 28, 2022
Government, Business, Technology, Logistics

Congress Approves Semiconductor, Supply Chain Bill

Legislation to boost domestic semiconductor manufacturing while improving freight access along the nation’s supply chains was sent to President Joe Biden’s desk July 28.

Eugene Mulero | Senior Reporter
July 28, 2022
Business, Logistics, For-Hire, Top 100

Forward Air Reports Record-Setting Quarter for Q2

Forward Air Corp. on July 27 reported all-time quarterly records for revenue, income from operations and net income per diluted share for the second quarter.

Connor D. Wolf | Staff Reporter
July 28, 2022
Business, Technology, Logistics

C.H. Robinson Reports Record Profits for Q2

C.H. Robinson Worldwide Inc. on July 27 reported record second-quarter profits as a strong pricing environment lifted results.

Connor D. Wolf | Staff Reporter
July 28, 2022
Business, Logistics

Norfolk Southern Posts Record Q2 Results

Norfolk Southern Corp. on July 27 posted record second-quarter financial results that beat the expectations of Wall Street analysts.

Dan Ronan | Senior Reporter
July 28, 2022
Government, Business, Technology, Fuel, Logistics

Senate Deal Includes EV Tax Credits Sought by Tesla, Toyota

A breakthrough deal between Sens. Chuck Schumer and Joe Manchin includes the extension of a popular consumer tax credit for the purchase of electric vehicles, a big win for EV makers such as General Motors Co., Tesla Inc. and Toyota Motor Co.

Keith Laing and Ari Natter | Bloomberg News
July 28, 2022
Government, Business, Logistics

US Economy Shrank 0.9% Last Quarter, Its 2nd Straight Drop

WASHINGTON — The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession.

Paul Wiseman | Associated Press
July 28, 2022
Business, Logistics, For-Hire, Top 100

ODFL Reports Profit, Revenue Records for Second Quarter

Old Dominion Freight Line set records for revenue and profitability during the second quarter of 2022, the company reported July 27.

Connor D. Wolf | Staff Reporter
July 27, 2022
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