Logistics

About Logistics News...

For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
 

Business, Technology, Equipment, Logistics

Nikola Q1 Loss Narrows; Cost of Truck Production Soars

Losses at Nikola in the first quarter narrowed year-over-year, and executives are more bullish than in previous quarters about the truck maker’s prospects even as production costs soar.

Keiron Greenhalgh | Staff Reporter
May 8, 2024
Business, Safety, Logistics

Tornadoes Destroy Michigan FedEx Facility but Workers Safe

PAVILION TOWNSHIP, Mich. — Two reported tornadoes struck a Michigan city and the surrounding area May 7, destroying homes and commercial buildings, including a FedEx facility.

May 8, 2024
Business, Logistics

GXO Posts Net Loss, but Revenue Increases to $2.46B in Q1

GXO Logistics experienced a decline in earnings on an increase in revenue to $2.46 billion during the first quarter of 2024, the company reported May 7.

Connor D. Wolf | Staff Reporter
May 8, 2024
Business, Technology, Fuel, Logistics

WattEV’s Bakersfield Battery-Electric Charging Depot Opens

WattEV opened a battery-electric charging depot in Bakersfield, Calif., on May 6, its largest yet, the company said.

Keiron Greenhalgh | Staff Reporter
May 7, 2024
Business, Technology, Logistics, Autonomous

C.H. Robinson Automates Email Responses With AI

C.H. Robinson says it has launched an artificial intelligence platform that automates responses to email requests from shippers seeking answers to commonplace inquiries.

Connor D. Wolf | Staff Reporter
May 7, 2024
Business, Logistics, For-Hire

UPS Finance Chief to Leave Parcel Giant to Focus on Health

UPS Inc.’s top financial executive, Brian Newman, plans to leave the company June 1 in order to focus on his personal health, the shipping giant said May 6.

Kiel Porter | Bloomberg News
May 6, 2024
Business, Logistics

XPO Posts Q1 Net Income Rise of 294% Despite Tough Market

XPO Inc. experienced a 294.1% increase in earnings year-over-year despite a soft freight environment during the first quarter of 2024, the company reported May 3.

Connor D. Wolf | Staff Reporter
May 3, 2024
Government, Business, Safety, Logistics

I-95 in Connecticut Closed for Days as Crash Damages Bridge

NORWALK, Conn. — Workers on May 3 began removing a bridge over a Connecticut highway that was damaged in a fiery crash  — a project expected to keep both sides of I-95 closed through the weekend.

May 3, 2024
Government, Business, Safety, Logistics

Houthis Threaten to Try to Attack Ships in Mediterranean Sea

The Houthi group based in Yemen threatened to start trying to attack ships in the eastern Mediterranean as it steps up a campaign of anti-Israeli assaults.

Mohammed Hatem | Bloomberg News
May 3, 2024
Business, Logistics, For-Hire

Schneider Reports Revenue Decline of 8% to $1.32B for Q1

Schneider experienced a year-over-year decline in revenue to $1.32 billion during the first quarter of 2024, the company reported May 2.

Connor D. Wolf | Staff Reporter
May 2, 2024