Landstar System Inc. reported lower first-quarter net income of $40.9 million, or diluted earnings per share of $1.04, compared with $63.3 million, or $1.58, in the same period a year ago.
April 23, 2020Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Landstar Reports $927.6 Million Revenue for Q1
Auto Plants Approach Reopenings, Putting Pressure on Detroit
Automakers are cautiously coalescing around plans to reopen North American assembly plants early next month following what will be a roughly six-week shutdown for virtually the entire industry.
April 23, 2020ATRI Coronavirus Study Shows Truck Activity Spike, Dip in Six States
Although trucking activity spiked across six states during the coronavirus pandemic’s early days, a recent analysis from the American Transportation Research Institute indicates that such freight activity has declined.
Food Trucks Hit Snags in Securing Permits for Rest Stops
A plan by federal regulators to allow food trucks at rest areas has hit some speed bumps.
Virus Exposes Supply Chain Problems Across Industries
The auto industry is just one of many whose supply chains have been impacted by the coronavirus outbreak.
Direct Connect Logistix to Bolster Sales Force
Despite the coronavirus, salespeople experienced in arranging freight shipments remain in demand, as was made clear at one logistics company looking to add employees using virtual methods.
Food Rationing Confronts Shoppers Once Spoiled With Choice
Spoiled for choice before the pandemic, North American shoppers are finding they can’t get everything they want as grocery stores ration in-demand items to safeguard supplies.
Facebook’s $6 Billion India Bet Kindles E-Commerce War With Amazon, Walmart
Facebook Inc.’s $5.7 billion investment in a unit of India’s Reliance Industries Ltd. creates an e-commerce leviathan to take on Amazon .com and Walmart Inc. in one of the world’s most competitive internet arenas.
Trucking to Play Critical Role in Restarting Economy, ATA’s Chris Spear Says
The trucking industry will play a critical role in the development and implementation of plans to restart the country’s struggling economy, American Trucking Associations President Chris Spear said.
Trucking Adjusts in Cities Hit Hardest by the Coronavirus
Fleet operations have had to be nimble to navigate amid disruptions caused by the novel coronavirus, particularly in hard-hit cities such as New York, San Francisco, New Orleans and Detroit.