Canadian National Railway reported healthy fourth-quarter income and revenue.
January 27, 2021Logistics 50 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
On the Bubble
Canadian National Reports Strong Q4 Earnings
Freight Stakeholders Push Congress on Infrastructure Package
Consideration of a major infrastructure policy package aimed at improving access to commercial corridors would enhance the freight industry’s distribution of goods in the coming years, stakeholders said during a recent forum hosted by the U.S. Chamber of Commerce.
Walmart to Build More Robot-Filled Warehouses at Stores
NEW YORK — Walmart is enlisting the help of robots to keep up with a surge in online orders.
C.H. Robinson Posts Strong Q4 Numbers, Mixed Annual Results
C.H. Robinson Worldwide posted large gains in both profit and revenue during the fourth quarter, but its annual results were mixed because of the economic effects of the COVID-19 pandemic.
Biden to Approach China Relationship With ‘Patience,’ White House Says
President Joe Biden’s administration is approaching its relationship with Beijing with “patience” and plans to review hard-line policies that were a hallmark of Donald Trump’s presidency, Press Secretary Jen Psaki said.
J.B. Hunt Reports Strong Q4, Full-Year Earnings
J.B. Hunt Transport Services reported higher earnings and revenue for the fourth quarter of 2020, but said income dipped even as revenue rose for the full year.
Kansas City Southern Reports Mixed Q4 Earnings
Kansas City Southern reported a higher fourth quarter and higher annual net income, but lower revenue for the period.
Shipping Container Crunch Shows Signs of Easing, Index Shows
A global shortage of shipping containers that has sent ocean freight rates skyrocketing shows signs of easing, according to an index that tracks the steel boxes used to transport 90% of the global trade in goods.
TFI Buys UPS Freight for $800 Million
TFI International Inc. is acquiring UPS Freight in an $800 million deal announced Jan. 25.
Maersk Loses 750 Containers as Seas Hammer L.A.-Bound Ship
One of AP Moller-Maersk’s containerships carrying goods from China to the U.S. lost part of its cargo in the Pacific Ocean during bad weather.