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Logistics News
Business, Technology, Logistics

Incentivizing Driver Excellence

To remain competitive in a challenging labor market, trucking companies and fleet operators are exploring performance-based pay models to help boost driver retention and recruiting.

Katie Pyzyk | Special to Transport Topics
March 17, 2023
Business, Logistics, For-Hire, Global Freight

FedEx Boosts Profit Forecast, Cites Cost Cuts as Effective

FedEx Corp.’s shares jumped the most in nine months after the courier boosted its profit outlook, signaling efforts to cut costs are helping counter a decline in package volume.

Thomas Black | Bloomberg News
March 17, 2023
Government, Business, Safety, Logistics

House Lawmakers Introduce Bill to Protect Moving Privacy

Legislation meant to safeguard certain identifiable information of individuals moving internationally was recently introduced in the U.S. House of Representatives.

Eugene Mulero | Senior Reporter
March 16, 2023
Government, Business, Logistics

Kansas City Southern’s Sale to Canadian Pacific Approved

The Surface Transportation Board approved the merger of Canadian Pacific Railway and Kansas City Southern Railroad in the nation’s first major rail merger since 1998.

Dan Ronan | Senior Reporter
March 15, 2023
Government, Equipment, Safety, Logistics

Railroads Warned About Car Flaw That Could Cause Derailments

OMAHA, Neb. — U.S. railroads were warned to take certain cars out of service March 9 after Norfolk Southern discovered loose wheels on a car involved in last weekend’s derailment in Ohio.

Josh Funk | Associated Press
March 10, 2023
Government, Business, Safety, Logistics

Trucking Critical to Port of Milwaukee’s New Export Facility

The Port of Milwaukee’s new $40 million agricultural maritime export facility not only marks its largest cash infusion since the 1950s, but also will open doors to more overseas markets using its multimodal infrastructure.

Noël Fletcher | Staff Reporter
March 9, 2023
Business, Logistics

Uber Considering Spinning Off Freight Logistics Division

Uber Technologies Inc. is exploring whether to spin off its Uber Freight logistics arm in a sale or as a separate publicly traded company to streamline its focus on ride hailing and food delivery, according to people familiar with the matter.

March 9, 2023
Business, Technology, Equipment, Logistics

Trucking Titans Share M&A Tips

ORLANDO, Fla. — The market for buying and selling trucking companies was a hot topic at a recent industry trade show, so it’s little wonder that a discussion with three leaders who share recent experience on the issue drew a crowd.

Noël Fletcher | Staff Reporter
March 9, 2023
Government, Business, Safety, Logistics

NTSB to Investigate Safety at Norfolk Southern

In the wake of three high-profile freight train accidents within the last month, including one that caused environmental damage in East Palestine, Ohio, the National Transportation Safety Board announced March 7 it is opening a special investigation into the safety practices of Norfolk Southern Corp.

Dan Ronan | Senior Reporter
March 8, 2023
Government, Business, Logistics, Global Freight

Global Supply Chains Back to Normal, N.Y. Fed Says

Global supply chains have returned to normal, the Federal Reserve Bank of New York said, almost three years after COVID-19 was declared a pandemic.

Brendan Murray | Bloomberg News
March 6, 2023
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