Landstar System on Jan. 26 reported record quarterly revenue and operating income for the fourth quarter of 2021.
January 27, 2022Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Landstar Reports Record Revenue of $1.95B for Q4
Knight-Swift Reports 78.9% Jump in Earnings for Q4
Knight-Swift Transportation Holdings reported a 78.9% jump in earnings Jan. 26 for the fourth quarter of 2021.
Marten Transport Reports Revenue, Earnings Growth for Q4
Marten Transport saw revenue and earnings grow during the fourth quarter of 2021.
CN Announces New CEO, Strong Q4 Results
Nearly a year after Canadian National Railway began pursuit of an ultimately unsuccessful $33 billion bid to merge with Kansas City Southern, the company will turn to Tracy Robinson, a former executive at one of CN’s rivals, as the railroad’s new president and CEO.
Under-21 Driver Pilot Program Raises Carrier Reporting Concerns
While trucking industry trade groups have expressed support for a federal apprenticeship program that will train under-21 drivers to operate tractor-trailers across state lines, concerns are being raised that some of the initiative’s reporting requirements for motor carriers are overly burdensome.
Vaccine Rule Raises Shipping Costs for Canadian Grocer
The head of one of Canada’s largest supermarket chains says the vaccine mandate for truckers crossing the U.S.-Canada border is raising the cost of shipping fresh food. But so far, it has had little impact on the retailer’s ability to stock shelves.
N.J. Trucking Leader Myron ‘Mike’ Shevell Dies at 87
New Jersey trucking leader Myron "Mike" Shevell dies at 87 after a career in the industry that spanned decades.
New York Works to Expand Road Testing Availability for CDLs
Efforts are underway in New York to enable more people to conduct road tests for commercial driver licenses to reduce a long backlog exacerbated by the ongoing coronavirus pandemic.
Walmart Mulls Options for Part of Central American Business
Walmart Inc. is studying strategic alternatives for its operations in Honduras, El Salvador and Nicaragua, signaling another potential move to narrow its focus abroad.
World’s Largest Container Line Makes Play for Italian Air Carrier
Mediterranean Shipping Co. is seeking a controlling stake in new Italian flag carrier ITA Airways through a deal that would also include Deutsche Lufthansa AG.