Logistics startup Flexport Inc. plans to lay off hundreds of workers, according to a source — the company’s latest effort to reposition itself during a global shipping industry slowdown.

The Port of Baltimore for the 15th straight year has received a top U.S. Coast Guard security assessment for its six state-owned, public marine terminals.

Norfolk Southern’s Q4 profit fell 33% due to the ever-growing costs of the cleanup of last year’s derailment in eastern Ohio, but the railroad did deliver 3% more shipments in the quarter.

A surge in shipping costs due to turmoil in the Red Sea is pressuring Europe’s diesel supply chain, contributing to a sharp jump in fuel prices.

CSX Corp. experienced a slight decrease in year-over-year revenue during the fourth quarter of 2023, the company reported Jan. 24.

OMAHA, Neb. — Union Pacific’s fourth-quarter profit crept up 1% as the railroad delivered more fertilizer, imported goods and vehicles.

Canadian National Railway is sticking with its outlook for double-digit profit growth over the next few years, moving past a 2023 marred by labor strife, low grain shipments and a sluggish economy.

Landstar has started construction on a new field operations center in Crawfordsville, Ind., the company announced Jan. 18. The facility will be built with owner-operators in mind.

WASHINGTON — The planned $1.8 billion Louisiana International Terminal project in St. Bernard Parish was awarded a $226 million grant Jan. 22 from the U.S. Department of Transportation.

Truck tonnage dipped in December, closing out the worst 12 months for freight activity since the pandemic year of 2020, American Trucking Associations reported.