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Logistics News
Government, Business, Logistics

Wisconsin Grants $5.3 Million to Ports

Wisconsin has awarded $5.3 million in grants for seven harbor maintenance and improvement projects to enhance its waterborne freight and economic development.

Noël Fletcher | Staff Reporter
February 14, 2023
Business, Logistics, Global Freight

Maersk Suing Evergreen Over 2021 Suez Canal Blockage

Shipping giant A.P. Moeller-Maersk said in an email to The Associated Press that it filed a claim against Evergreen Marine Corp., the vessel’s Japanese owner and its German technical manager in the Danish Maritime and Commercial High Court.

Samy Magdy | Associated Press
February 13, 2023
Business, Logistics, Top 100

Universal Logistics Reports Earnings Growth on Revenue Decline for Q4

Universal Logistics Holdings’ earnings grew on a slight decline in revenue during the fourth quarter of 2022, the company reported Feb. 9.

Connor D. Wolf | Staff Reporter
February 10, 2023
Government, Business, Safety, Logistics

White House to Release Budget March 9

Funding proposals for freight and commuter transportation programs will be unveiled as part of a larger budget plan on March 9, the White House announced recently.

Eugene Mulero | Senior Reporter
February 9, 2023
Business, Technology, Logistics, Top 100

XPO’s Mario Harik Touts Strong Q4, Full-Year Performance

XPO Inc. CEO Mario Harik on Feb. 8 discussed how his company reached over a billion dollars in revenue during the fourth quarter despite a business spinoff and softening freight market.

Connor D. Wolf | Staff Reporter
February 9, 2023
Business, Logistics, For-Hire

Forward Air Reports Q4, Full-Year Records

Forward Air Corp. reported record fourth-quarter and full-year revenue, operating income and net income per diluted share Feb. 8.

Connor D. Wolf | Staff Reporter
February 9, 2023
Business, Logistics, Top 100

Werner Reports Earnings Decline Despite Revenue Gain in Q4

Werner Enterprises experienced an earnings decline despite revenue gains due to changing macroeconomic conditions in the fourth quarter, the company reported Feb. 7.

Connor D. Wolf | Staff Reporter
February 8, 2023
Business, Logistics, Global Freight

Thousands of CSX Workers First to Get Paid Sick Leave

OMAHA, Neb. — Several thousand workers at CSX will soon get one of the things that pushed the U.S. railroad industry to the brink of a strike last fall: paid sick time.

Josh Funk | Associated Press
February 8, 2023
Business, Equipment, Logistics, Global Freight

Supply Chains Must Change, Says Maersk’s Ditlev Blicher

Increasing volatility in global supply chains means shipping lines must undergo a radical restructuring to survive, according to A.P. Moller-Maersk A/S.

Ann Koh | Bloomberg News
February 8, 2023
Business, Logistics

Volkswagen Misses Full-Year Cash Target After Supply Chain Woes

Volkswagen AG missed its cash-flow target for the year after supply chain and logistics disruptions in recent months left the carmaker with unsold vehicles.

Monica Raymunt | Bloomberg News
February 8, 2023
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