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, Logistics

Universal Logistics Reports 12.5% Revenue Boost for Q1

Universal Logistics Holdings well surpassed expectations with both revenue and earnings increasing year-over-year during the first quarter of 2024, the company reported.

Connor D. Wolf | Staff Reporter
April 26, 2024
Business, Logistics

Landstar Reports Revenue Decline for Q1

Landstar System Inc. experienced a decline in revenue and earnings during the first quarter of 2024, the company reported April 24.

Connor D. Wolf | Staff Reporter
April 25, 2024
Business, Safety, Logistics, TCA

First Ship Leaves Port of Baltimore via Deeper Channel

The first of 11 ships trapped for a month behind the wreckage of the Francis Scott Key Bridge left the Port of Baltimore April 25 using an alternate shipping channel that had just opened.

Lorraine Mirabella | The Baltimore Sun
April 25, 2024
Business, Logistics

Covenant Q1 Profit Slumps 76% on Freight Rate Weakness

Covenant Logistics Group profits tumbled in the first quarter of 2024, with freight rates and volumes taking a toll on earnings as expected.

Keiron Greenhalgh | Staff Reporter
April 25, 2024
Government, Business, Technology, Logistics, Global Freight

Amazon Web Services to Build Data Center in Northern Indiana

NEW CARLISLE, Ind. — Amazon Web Services plans to invest $11 billion to build a data center in northern Indiana that will create at least 1,000 new jobs, state and company officials announced.

April 25, 2024
Business, Logistics, Global Freight

Union Pacific’s First-Quarter Profit Creeps Up 1%

OMAHA, Neb. — Union Pacific’s first-quarter profit crept 1% higher as the railroad tightened up on expenses — particularly its fuel bill — even though it delivered slightly less freight.

Josh Funk | Associated Press
April 25, 2024
Business, Logistics, Breaking News

Tonnage Numbers Hit 13th Month of Declines

Truck tonnage reached 13 consecutive months of year-over-year declines after a slight decrease in March, American Trucking Associations reported April 23.

Connor D. Wolf | Staff Reporter
April 24, 2024
Government, Business, Fuel, Logistics

DOT Grant Program Focuses on Commercial Ports

The U.S. Department of Transportation announced grants for ports and supply chain corridors as part of the White House’s strategy for advancing a zero-emission freight landscape.

Eugene Mulero | Senior Reporter
April 24, 2024
Business, Logistics, For-Hire

Forward Air Hires Ex-Ceva Logistics Executive Stewart as CEO

Shawn Stewart is set to join Forward Air as CEO, effective April 28, the carrier said April 23. He also will join the asset-light transportation services group’s board of directors.

Keiron Greenhalgh | Staff Reporter
April 24, 2024
Business, Safety, Logistics

Norfolk Southern Reports Lower Earnings After Settlement

Norfolk Southern’s first-quarter earnings report gave the railroad the opportunity to publicly defend CEO Alan Shaw’s strategy again before investors decide on May 9 whether to back him.

Josh Funk | Associated Press
April 24, 2024