Covenant Logistics Group experienced an increase in revenue but a slight decline in earnings during the second quarter of 2024, the company reported July 24.
July 25, 2024Logistics 50 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
On the Bubble
Covenant Logistics Reports Nearly 5% Revenue Rise for Q2
Gordie Howe International Bridge Links Detroit to Windsor
DETROIT — The U.S. and Canadian sides of the Gordie Howe International Bridge have been connected, marking the bridge as an official border crossing.
Union Pacific Profit Grows 7%
OMAHA, Neb. — Union Pacific delivered 7% growth in its second-quarter profit even though the number of shipments it hauled remained essentially flat.
CBP Installs X-Ray Scanner for Containers at Texas Port
The busiest land border crossing between the U.S. and Mexico now has an advanced X-ray machine that is intended to help more efficiently move commercial truck traffic through the facility.
UPS Discusses Acquisition of Parcel Carrier in Mexico
The recently announced UPS acquisition of Mexican express delivery company Estafeta takes advantage of a business trend toward nearshoring.
House Passes Biennial Water Resources Development Act
A bill to promote the efficiency of commercial waterway infrastructure projects and supply chain connectivity was easily passed by the U.S. House of Representatives on July 22.
Urban Delivery Hubs Present Solutions to Final-Mile Shipping
An evolving concept to address the issue of final-mile delivery is the urban delivery hub.
ATA Reports Dip in Truck Tonnage for June
The trucking industry continued the trend of year-over-year tonnage losses in June after a brief increase the prior month, American Trucking Associations reported July 23.
C.H. Robinson Launches AI-Leveraged Load-Matching Platform
C.H. Robinson Worldwide Inc. launched a new load-matching platform aimed at helping carriers improve efficiency, the company announced July 18.
Illinois Offering Written CDL Tests in Spanish
Illinois is the latest state to offer commercial driver license applicants a written test in Spanish to get more drivers on the road.