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Logistics News
Business, Logistics

US Ports Post More Year-Over-Year Increases for November

The Port of Long Beach achieved its busiest November ever by increasing to 884,154 containers from 731,033 last year. This surpasses the previous record for the month set in November 2020.

Connor D. Wolf | Staff Reporter
December 23, 2024
Government, Business, Safety, Logistics, TCA

Pennsylvania Provides $55M to Boost Freight Rail Projects

HARRISBURG, Pa. — Thirty rail freight improvement projects are slated to share $55 million as part of efforts by Gov. Josh Shapiro’s administration to boost infrastructure and economic growth.

Eric Scicchitano | The Daily Item
December 23, 2024
Business, Logistics, For-Hire, Top 100

FedEx Details Planned Changes During Q2 2025 Earnings

The Memphis, Tenn.-based transportation services company on Dec. 19 reported net income of $740 million, or $3.03 a diluted share, for the three months ending Nov. 30.

Connor D. Wolf | Staff Reporter
December 19, 2024
Government, Business, Logistics

Biden Enacts National Defense Authorization Act

President Joe Biden recently signed into law Congress’ annual defense policy bill, which includes trucking-centric provisions.

Eugene Mulero | Senior Reporter
December 19, 2024
Business, Logistics, Breaking News, For-Hire, Global Freight, Top 100

FedEx Freight Spinoff to Create Largest LTL Carrier

FedEx Corp. on Dec. 19 announced its intent to spin off its FedEx Freight unit into a separate company, creating the largest publicly traded LTL carrier in North America in the process.

Joe Howard | Executive Editor
December 19, 2024
Government, Business, Logistics, Top 100

Amazon Workers Strike at Seven Facilities Nationwide

The Teamsters said the workers, who voted to authorize strikes in recent days, joined picket lines after Amazon ignored a Dec. 15 deadline the union set for contract negotiations.

Haleluya Hadero | Associated Press
December 19, 2024
Government, Business, Logistics

Congress Clears TSA Clearance Bill for Truckers

Legislation designed to facilitate commercial drivers’ applications for security credentials was recently cleared by Congress for President Joe Biden’s desk.

Eugene Mulero | Senior Reporter
December 19, 2024
Business, Logistics

Bustling California Ports to Close 2024 With Record Volumes

The Port of Los Angeles is set for its busiest December on record, and the Port of Long Beach is on track to have its best-ever year after the hubs handled an early and sustained peak season.

Laura Curtis | Bloomberg News
December 18, 2024
Business, Technology, Logistics, Private, Top 100

Walmart Stock Soars 82% in 2024, Leading Retail Industry

Analysts are betting that further market-share gains and increased profit contributions from Walmart’s higher-margin ancillary businesses will extend the stock’s rally.

Katrina Compoli | Bloomberg News
December 18, 2024
Government, Business, Logistics

US Housing Starts Fall to Slowest Pace Since July

Housing starts decreased 1.8% to an annualized rate of 1.29 million, the slowest since July, according to government data released Dec. 18. The metric can help project the flatbed sector.

Michael Sasso | Bloomberg News
December 18, 2024
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