Extras
Logistics News
Government, Business, Logistics

Liebherr to Build $176M Distribution Center in Mississippi

A top Swiss manufacturer of construction equipment has inked a $176 million deal with Mississippi state officials to build a massive distribution and logistics center to provide spare parts in North and South America.

Noël Fletcher | Staff Reporter
August 1, 2024
Business, Logistics, Global Freight, TCA

Sluggish Global Economy Weighs on Germany’s DHL in Q2

FRANKFURT — German logistics and delivery giant DHL reported second-quarter net profit of $802 million, a decline of 23.9% from a year ago, as a sluggish global economy dampened demand.

dpa | Hamburg, Germany
August 1, 2024
Business, Logistics, Global Freight

Maersk Boosts Full-Year Guidance

A.P. Moller-Maersk, a bellwether for global trade, increased its full-year guidance due to higher freight rates caused by supply chain disruptions following attacks in the Red Sea.

Christian Wienberg | Bloomberg News
August 1, 2024
Government, Business, Safety, Logistics

Senate Panel Approves TSA Clearance Bill for Truckers

A committee in the U.S. Senate recently approved a bill that would facilitate commercial drivers’ applications for security credentials.

Eugene Mulero | Senior Reporter
July 31, 2024
Business, Logistics, For-Hire, Top 100

Werner Spots Signs of Hope Despite Disappointing Q2

Profit dropped at Werner Enterprises Inc. in the second quarter of 2024 as revenue slid more than analysts expected on the back of continued freight weakness, although executives are seeing more room for optimism from the last few weeks.

Keiron Greenhalgh | Staff Reporter
July 31, 2024
Government, Business, Logistics

Transportation Jobs Up in July ADP Data; Overall Hiring Slows

US companies added the fewest number of workers since the start of the year and wage growth slowed, consistent with signs of a softer labor demand. But the transportation sector showed resilience.

Jarrell Dillard | Bloomberg News
July 31, 2024
Business, Logistics, For-Hire

Estes Eyes 12% Terminal Door Total Increase in 2024

Estes Express Lines expects the number of terminal doors in the less-than-truckload carrier’s portfolio to jump more than 12% in 2024 to a total exceeding 12,750.

Keiron Greenhalgh | Staff Reporter
July 30, 2024
Government, Business, Logistics

Norfolk Southern Accused of Delaying Amtrak Passenger Trains

U.S. authorities accused Norfolk Southern Corp. of causing repeated delays of Amtrak passenger trains along a lengthy route spanning New York City to New Orleans.

Kiel Porter | Bloomberg News
July 30, 2024
Business, Logistics, Breaking News

Knight-Swift Buys Dependable Highway Express’ LTL Business

Knight-Swift Transportation Holdings on July 30 announced that it is acquiring the less-than-truckload operations of Dependable Highway Express.

Keiron Greenhalgh | Staff Reporter
July 30, 2024
Government, Business, Technology, Safety, Logistics, For-Hire, Private, Global Freight

FAA Clears Drone Companies to Operate in Shared Airspace

The FAA has cleared Wing and Zipline to fly their drones simultaneously over the suburbs of Dallas-Fort Worth without visual observers, using technology to keep the drones apart.

Allyson Versprille | Bloomberg News
July 30, 2024
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