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Logistics News
Government, Business, Safety, Logistics, TCA

Colorado Awarded $66M in Federal Funding for Rail Safety

Colorado has been awarded $66.4 million in grant funding to improve the safety of the Burlington Northern Santa Fe rail line north of Denver.

Alexander Edwards | The Gazette (Colorado Springs, Colo.)
November 1, 2024
Government, Business, Logistics

Port of Vancouver Braces for Strike Set for Nov. 4

Dock foremen and women in British Columbia issued a strike notice for Nov. 4, setting up a complete shutdown of Canada’s busiest port, a business group said.

Thomas Seal | Bloomberg News
November 1, 2024
Business, Logistics, Global Freight, Top 100, Top 50

Amazon Exceeds Profit Forecasts, Predicts Q4 Sales Surge

“As we get into the holiday season, we’re excited about what we have in store for customers,” CEO Andy Jassy said in a statement.

Matt Day | Bloomberg News
October 31, 2024
Business, Technology, Logistics

Uber Shares Slump on Muted Bookings in US Rides Business

Uber Technologies reported weaker-than-expected ride bookings and issued a middling forecast for the holiday quarter, even as it delivered record operating profit. 

Natalie Lung | Bloomberg News
October 31, 2024
Business, Logistics, For-Hire, Top 100

Werner Revenue and Profit Decline on Q3 Market Struggles

The Omaha, Neb.-based carrier’s Q3 net income fell 72% to $6.6 million, or 11 cents per share, compared with $23.7 million, 37 cents, a year ago.

October 30, 2024
Business, Logistics, For-Hire, Top 100

XPO Net Income Climbs 10% on Strong LTL Pricing in Q3

XPO’s North American LTL segment, its core operation, increased revenue by 1.9% to $1.25 billion from $1.23 billion last year despite declines in shipment volumes.

October 30, 2024
Government, Technology, Safety, Logistics

CISA Issues Global Cyber Plan to Protect US Infrastructure

CISA released an international plan outlining steps to work more with overseas stakeholders to better safeguard online interconnections with the U.S. supply chain.

Noël Fletcher | Staff Reporter
October 30, 2024
Business, Logistics, Global Freight, Top 100

DSV Secures $5.4 Billion in Bonds for DB Schenker Deal

The Danish transport company sold a six-part bond deal with maturities ranging from two to 10 years, according to a person familiar with the matter.

October 30, 2024
Business, Logistics

Refrigerated Rates’ Near-Term Upside Likely Limited: FTR

Rates will improve in 2025, however, as will volumes, FTR Vice President of Trucking Avery Vise said during the research group’s Q4 2024 Food Industry Economic and Transportation Update.

Keiron Greenhalgh | Staff Reporter
October 30, 2024
Government, Safety, Logistics

Buttigieg, Lawmakers Tout IIJA on Third Anniversary

Approaching the three-year anniversary of the Infrastructure Investment and Jobs Act, Pete Buttigieg is pointing to the law’s impact on communities and commercial corridors.

Eugene Mulero | Senior Reporter
October 29, 2024
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