GXO Reports Record Revenue of $2.3 Billion for Q1
GXO Logistics reported its highest-ever first-quarter revenue when its earnings report was released May 9.
May 10, 2023XPO Confirms Job Cuts to Reduce Labor Costs
GREENWICH, Conn. — XPO, one of the world’s largest freight transporters, is reducing its workforce as part of a cost-cutting plan.
May 9, 2023Daseke Reports Revenue, Earnings Drop in Q1
Daseke Inc. experienced a year-over-year drop in revenue and earnings during the first quarter of 2023, the company reported May 9.
May 9, 2023California’s Port Dominance Is Slipping as Cargo Shifts East
The pandemic’s cargo crush pushed the Los Angeles and Long Beach complex close to the breaking point, allowing ports from New York-New Jersey to Houston to grow their market share.
May 8, 2023ATRI Announces Top Five Research Issues for 2023
HOLLYWOOD, Fla. — The availability of truck parking spaces rates as the American Transportation Research Institute's No. 1 study topic for 2023.
May 8, 2023Engineers Frustrated With Railroad Sick Time Policies
OMAHA, Neb. — Tens of thousands of engineers remain frustrated with the lack of paid sick time and the demands railroads like BNSF are making in negotiations.
May 8, 2023Global Trade Data Shows Early Signs of ‘Reglobalization’
The global trading system is undergoing tectonic shifts spurred by shortages, price spikes and shipping disruptions that will reorient international supply chains for decades to come.
May 8, 2023California’s Container Ports to Develop Shared Data System
California’s five container ports have agreed to develop a $27 million, high-tech supply chain infrastructure using a computer cloud to share data and cargo flow information.
May 8, 2023Twin California Ports Introduce Zero-Emission Locomotive
Weeks after the California Air Resources Board approved a rule to limit rail pollution, the Pacific Harbor Line on May 4 unveiled one of the nation’s most advanced zero-emission locomotives.
May 5, 2023Werner Reports Lower Q1 Earnings on Higher Revenue
Werner Enterprises’ revenue increased but earnings declined during the first quarter of 2023, the company reported May 3.
May 4, 2023