ORLANDO, Fla. — With an influx of funds expected to exceed $25 billion for rebuilding and expansion, the nation’s coastal and inland facilities are beginning a “golden age,” port leaders say.
October 19, 2022Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Ocean Freight Forwarders
No rankings are available for this year.
Extras
Port Leaders Optimistic Over Funding, Supply Chain
J.B. Hunt Reports $3.84 Billion in Revenue for Q3
J.B. Hunt Transport Services Inc. saw revenue and earnings increase as a result of strong segment growth during the third quarter, the company reported Oct. 18, besting analysts’ expectations.
Amazon Boosts Fort Worth Alliance to One of Nation’s Busiest Cargo Airports
Fort Worth Alliance airport now ranks among the 20 largest cargo airports in the country by landed weight, according to Federal Aviation Administration data, in large part due to Prime Air's distribution hub.
Port of Long Beach’s Mario Cordero Concerned Over Snag in Rail Talks
ORLANDO, Fla. — Of the two major labor negotiations, Port of Long Beach Executive Director Mario Cordero is most concerned about the stalled railroad workers/management talks.
October 18, 2022Marten Reports 15th Consecutive Increase in Quarterly Profitability
Marten Transport reported its 15th consecutive year-over-year increase in quarterly profitability Oct. 17, but still the results missed analysts’ expectations.
September Tonnage Rises 5.5% Year-Over-Year
Truck tonnage in September increased 5.5% when measured against the same month a year ago, and on a sequential basis it rose 0.5% from August, according to American Trucking Associations.
FMC Commissioner Carl Bentzel Proposes Rule Emphasizing Transparency
ORLANDO, Fla. — Federal Maritime Commission member Carl Bentzel proposes to bring more transparency and efficiency to the ocean shipping industry. He unveiled his plan at the American Association of Port Authorities’ annual convention Oct. 17.
Kodiak, Ikea Partner on Autonomous Freight Delivery Pilot
Kodiak Robotics Inc. has started piloting autonomous freight deliveries in Texas in cooperation with Ikea Supply Chain Operations, the companies announced Oct. 18.
Truckers Win Over BNSF in Case Regarding Illinois Biometrics Law
In what is believed to be the first jury verdict related to Illinois’ strict biometrics privacy law, a $228 million judgment has been entered against BNSF Railway in a class-action lawsuit over the railroad’s collection of fingerprint data.
GXO Logistics to Hire 4,000 for Holiday Season Across US
Warehouse operator GXO Logistics announced on Oct. 13 plans to hire about 4,000 employees across the U.S. by the end of the year, as it prepares for a busy holiday season in which it expects a surge in product returns.