Logistics

OMAHA, Neb. — Rail unions want railroads to take some of the billions they’re using every year to buy back their stock and spend it to improve safety.

Knight-Swift Transportation Holdings Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 20.

After nearly a year of negotiations, the International Longshore and Warehouse Union and port management’s Pacific Maritime Association have reached a tentative agreement on what the union described as certain “key issues.”

WASHINGTON — Labor secretary nominee Julie Su won praise at her Senate hearing April 20 as “a champion of the working class” even as some key Democrats were unwilling to voice support.

A steep, across-the-board decline in imported cargo, exports and empty containers during March dropped volumes at several major ports to levels not seen since before the COVID-19 pandemic.

The labor union representing 22,000 U.S. West Coast dockworkers in contract renewal talks said it has reached a tentative agreement with their employers on “certain key issues.”

The underlying issues causing empty miles and unfilled trucks persist even as a balancing supply chain has softened them, experts warned.

President Joe Biden’s fiscal 2024 budget request paves the way for improvements to the safety and connectivity of the nation’s mobility system, Secretary Pete Buttigieg said April 20.

Dave Bates is joining XPO as chief operating officer after 12 years in an executive role at Old Dominion Freight Line.

Marten Transport’s earnings declined despite increased revenue during the first quarter, the company reported April 18.