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Logistics News
Government, Business, Safety, Autonomous, Logistics

Distracted Driving, Industry Regulations Top ATRI’s Research Priorities

Efforts that would minimize distracted driving and evaluate the impact of regulations on the trucking industry are high on the list of research priorities this year for the American Transportation Research Institute, the group announced May 2.

Eugene Mulero | Senior Reporter
May 2, 2017
Perspective, Business, Government, Safety, Logistics

Opinion: More Mergers and Acquisitions for Truckers

The recent announcement that Knight Transportation and Swift Transportation are merging is a much bigger and industry-changing event than realized. It comes on the heels of another major development: the public offering by Schneider. In three years, these two deals will be viewed as having set in motion a number of mergers and acquisitions at a pace never witnessed before in the truckload and intermodal industry.

May 1, 2017
Business, Government, Safety, Logistics, Autonomous

Paper Checks Still Common in Trucking; Move Underway to Migrate to E-Payments

Many trucking and third-party logistics companies still write checks to pay their invoices, but efforts are underway to transition from pen and paper to point-and-click e-payments. If successful, it would shift decades-old business patterns ingrained in the industry.

Ari Ashe | Staff Reporter
May 1, 2017
Business, Logistics

Railroad 1Q Profits Increase on Rebound in Coal Shipping

All publicly traded freight railroads reported higher profits in the first quarter, led by a strong rebound in coal transportation from the doldrums of recent years and continued improvement in the intermodal sector.

Ari Ashe | Staff Reporter
May 1, 2017
Business, Government, Technology, Equipment, Safety, Logistics

Allen Lund Co. Forms Joint Venture, TransKool Solutions

Allen Lund Co. has formed a joint venture with Santos International called TransKool Solutions, which will operate a temperature-controlled warehouse in McAllen, Texas, and offer brokerage services to transport produce and other refrigerated goods from Mexico to the United States and Canada.

April 28, 2017
Business, Logistics

Universal Logistics Profits Fall in First Quarter Despite Higher Revenue

Profits at Universal Logistics Holdings Inc. fell 42% year-over-year despite 9.2% growth in revenue during the same period, which the company acknowledged was due to problems with a few of its large value-added programs.

Ari Ashe | Staff Reporter
April 27, 2017
Business, Logistics

Union Pacific Profits Up 9.5%, Easily Beat Forecasts

Union Pacific’s profits increased 9.5% to $1.07 billion dollars, or $1.32 per share, after strong results on a year-over-year basis in the coal, agricultural and intermodal transportation.

Ari Ashe | Staff Reporter
April 27, 2017
Business, Government, Logistics

American Consumers' Economic Expectations Strongest Since 2001

Consumer confidence rebounded last week as Americans became the most upbeat about the economy since 2001, the Bloomberg Consumer Comfort Index figures showed April 27.

Patricia Laya | Bloomberg News
April 27, 2017
Business, Logistics

Soft Pricing, Rigid Costs Diminish 1Q Profits for Hub Group

Sandwiched between “soft pricing” and unyielding costs, intermodal, trucking and brokerage company Hub Group reported a significant decline in first-quarter net income even as revenue increased.

Jonathan S. Reiskin | Associate News Editor
April 26, 2017
Business, Logistics

Truckload Profits Fall at TFI, Knight, Patriot Transportation; Rise at Forward Air

Truckload carriers continued to struggle as three out of four companies reported lower quarterly earnings versus 2016 levels as the industry struggles with excess capacity and lower prices.

Ari Ashe | Staff Reporter
April 26, 2017
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