Norfolk Southern Corp. released on Jan. 24 results for the fourth quarter and full-year 2017, beating analyst expectations and growing its intermodal revenues by 14% in the quarter.
January 24, 2018Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Ocean Freight Forwarders
No rankings are available for this year.
Extras
Strong 4Q Helps Norfolk Southern Finish Year With a Flourish
Trump Swings Into Action on Trade, Adds Edge to NAFTA Talks
Trump took his first big step toward erecting trade barriers on Jan. 22 by slapping new “safeguard” duties on solar-panel and washing machine imports to protect U.S. industry.
YRC, Union Pacific Execs Laud Tax Reform as Boon for Transportation Industry
ATLANTA — YRC Worldwide CEO James Welch and an executive at Union Pacific predicted that tax reform will drive further economic growth and higher freight demand, but voiced concerns about the future of NAFTA and the continued challenge of attracting younger workers during a logistics conference here.
FedEx Lands at No. 9 on Fortune’s List of World’s Most Admired Companies
FedEx Lands at No. 9 on Fortune’s List of World’s Most Admired Companies
Truck Tonnage Down in December, Up for 2017
Truck tonnage rose 3.7% in 2017, the largest annual increase since a 6.1% gain in 2013, according to American Trucking Associations’ Truck Tonnage Index. The annual increase came despite a 5.7% year-end drop in tonnage from November to December.
Opinion: Trends Affecting Logistics in 2018
The logistics industry is evolving, bringing both risk and opportunity to corporate supply chains.
Port of Savannah Breaks Container Traffic Record
The Port of Savannah has shattered its record for container traffic in a year, processing more than 4 million industry-standard 20-foot-equivalent units (TEUs) in 2017, the Georgia Ports Authority announced Jan. 22. The previous record was 3.7 million TEUs in 2015.
E-Commerce Fuels Cargo Surge at Chicago Rockford International Airport
More than 1.3 billion pounds of cargo made its way through Chicago Rockford International Airport last year, a nearly 50% increase over 2016.
California Gas Tax Repeal Headed for Ballot as Money About to Flow for Road Repairs
People rolled through Rock Auto in El Cajon, Calif., in droves this month to sign a petition to overturn Gov. Jerry Brown’s so-called gas tax.
Bringg Receives $12 Million in New Funding
Bringg, a software firm based in Tel Aviv, Israel, that offers a delivery logistics platform for companies including Coca-Cola, Panera Bread and Kimberly-Clark, has raised $12 million in new funding from automotive executive Shmuel Harlap, billionaire investor Eyal Ofer and Salesforce Ventures.
January 22, 2018