UPS Inc. reported record fourth-quarter revenue as demand for package delivery soared amid the coronavirus pandemic, the company announced Feb. 2.
February 2, 2021Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
Online Shopping Surge Delivers Record Revenue for UPS
Ryder Expands Truck, Trailer Sharing Service
Ryder System Inc. expanded its truck ride-sharing program into California, Tennessee and North Carolina, the company announced Jan. 27.
January 29, 2021Landstar Reports Record-Setting Q4 Revenue
Landstar System Inc. on Jan. 27 reported record-setting fourth-quarter revenue that helped lift the company’s profits for the period.
Norfolk Southern Reports Decline in Q4 Earnings
Norfolk Southern Corp. saw its fourth-quarter revenue fall by 4% as freight volume fell in most of the commodities it moves.
AV Holds Promise, But Lacks ‘Go Anywhere’ Ability, Panelists Say
Experts advised people to manage their expectations of automated vehicles for their traveling capabilities.
Canadian National Reports Strong Q4 Earnings
Canadian National Railway reported healthy fourth-quarter income and revenue.
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.