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Logistics News
Business, Logistics, Top 100

Werner Enterprises Reports $592.7 Million Revenue for Q1

Werner Enterprises reported steady revenue but a decline in net income during the first quarter of 2020, and the company said it is positioning itself to navigate the freight environment going forward amid the COVID-19 pandemic.

Connor D. Wolf | Staff Reporter
April 29, 2020
Business, Logistics

UPS Q1 Revenue Rises, Net Income Dips

UPS Inc. on April 28 reported an increase in first-quarter revenue but said the COVID-19 pandemic caused a shift in its business mix that affected its bottom line result.

Dan Ronan | Senior Reporter
April 28, 2020
Government, Business, Safety, Logistics

Trump to Sign Order to Keep Meat Processing Plants Open

President Donald Trump will sign an executive order April 28 meant to stave off a shortage of chicken, pork and other meat on American supermarket shelves because of the coronavirus.

Jill Colvin | Associated Press
April 28, 2020
Business, Logistics

America’s Mass Hog Cull Begins With Meat to Rot in Landfills

The mass culling of America’s hog herd is starting as a wave of shutdowns at processing plants creates livestock gluts that farmers can no longer sustain.

April 28, 2020
Government, Business, Logistics

China Merchants Group Explores Taking $4 Billion Port Unit Private

China Merchants Group Ltd. is exploring taking China Merchants Port Holdings Co. private after shares of the state-owned conglomerate’s unit slid in Hong Kong this year, according to people with knowledge of the matter.

April 28, 2020
Government, Business, Technology, Safety, Logistics, Autonomous

NCDOT Looks to Drones as Coronavirus Relief Tool

The North Carolina Department of Transportation is preparing to launch a public-private partnership that will use drones in coronavirus-related relief efforts.

Eleanor Lamb | Staff Reporter
April 27, 2020
Government, Business, Logistics

Virus Is Expected to Reduce Meat Selection, Raise Prices

Meat isn’t going to disappear from supermarkets because of outbreaks of the coronavirus among workers at U.S. slaughterhouses. But as the meat plants struggle to remain open, consumers could face less selection and slightly higher prices.

David Pitt | Associated Press
April 27, 2020
Business, Logistics

CSX Reports Declines in First-Quarter Earnings, Revenue

CSX Corp. on April 22 announced a first-quarter earnings drop of 8% to $770 million, or $1 per share, compared with $834 million, or $1.02, in the same quarter of 2019.

Dan Ronan | Senior Reporter
April 27, 2020
Business, Technology, Logistics, Autonomous

UPS to Fly Medications by Drone to Florida Retirement Community

UPS Inc. will use drones to fill prescriptions for residents of The Villages in Florida, one of the country’s biggest retirement communities, amid a lockdown to halt the coronavirus.

Thomas Black | Bloomberg News
April 27, 2020
Business, Logistics

Port Authorities Commit to Stay Open Amid Coronavirus Pandemic

Twenty port authorities in Asia, Europe, the Middle East and North America signed a declaration committing to stay open amid the coronavirus pandemic.

Stephen Stapczynski | Bloomberg News
April 27, 2020
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