Logistics
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.
Pitt Ohio Makes Minority Investment in Aria Logistics
Pitt Ohio Transportation Group has made a minority investment in residential delivery provider Aria Logistics, the company announced Feb. 13.
February 16, 2023Port of Baltimore Readies for More Freight From ZIM
Trucking efficiency improvements are underway at the Port of Baltimore as ZIM Integrated Shipping Services Ltd. prepares to soon double its e-commerce service there with larger container vessels.
Wisconsin Grants $5.3 Million to Ports
Wisconsin has awarded $5.3 million in grants for seven harbor maintenance and improvement projects to enhance its waterborne freight and economic development.
Maersk Suing Evergreen Over 2021 Suez Canal Blockage
Shipping giant A.P. Moeller-Maersk said in an email to The Associated Press that it filed a claim against Evergreen Marine Corp., the vessel’s Japanese owner and its German technical manager in the Danish Maritime and Commercial High Court.
Universal Logistics Reports Earnings Growth on Revenue Decline for Q4
Universal Logistics Holdings’ earnings grew on a slight decline in revenue during the fourth quarter of 2022, the company reported Feb. 9.
White House to Release Budget March 9
Funding proposals for freight and commuter transportation programs will be unveiled as part of a larger budget plan on March 9, the White House announced recently.
XPO’s Mario Harik Touts Strong Q4, Full-Year Performance
XPO Inc. CEO Mario Harik on Feb. 8 discussed how his company reached over a billion dollars in revenue during the fourth quarter despite a business spinoff and softening freight market.
Tracking Trucking's Top Bottlenecks
American Transportation Research Institute (ATRI) recently released the 2023 Top Truck Bottleneck List with Fort Lee, NJ claiming the top spot for the fifth year in a row. The in-depth analysis provides vital insight into truck-involved congestion points, highway traffic trends, and infrastructure investment opportunities. How much has the list changed since last year? How can this research be used to further conversations on funding and regional regulations? Rebecca Brewster, President and Chief Operating Officer of ATRI, joins Dan Ronan to help breakdown the top highway bottlenecks and discuss opportunities to address supply chain challenges.
February 9, 2023Forward Air Reports Q4, Full-Year Records
Forward Air Corp. reported record fourth-quarter and full-year revenue, operating income and net income per diluted share Feb. 8.
Werner Reports Earnings Decline Despite Revenue Gain in Q4
Werner Enterprises experienced an earnings decline despite revenue gains due to changing macroeconomic conditions in the fourth quarter, the company reported Feb. 7.