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.
FedEx Tumbles After Pulling Annual Earnings Forecast
FedEx Corp. lost $11 billion in market value, wiping out two years of stock gains, after withdrawing its earnings forecast on worsening business conditions.
DOT Awards $1.5 Billion in Federal Infrastructure Grants
More truck parking spaces in Florida and Tennessee along with supply chain improvements for Mexico’s ports of entry in California, New Mexico and Texas are among winning projects nabbing $1.5 billion in federal infrastructure grants.
Intermodal Industry Continues to Adapt as It Meets Shifting Demands
LONG BEACH, Calif. — Throughout 2022, the intermodal industry has responded to shifting consumer demand, supply chain disruptions, shipper demands and more.
Congressional Leaders Praise Tentative Rail Labor Agreement
The announcement of a tentative rail labor agreement was viewed as a positive sign by senior policymakers on Capitol Hill on Sept. 15.
CSX Hires Ex-Ford Executive Joseph Hinrichs as CEO
CSX Corp. named Joseph Hinrichs as its next chief executive officer, handing the reins of the railroad giant to a former top executive with Ford Motor Co.
Hiring for Uncertain Holiday Season Continues
Trucking has started making thousands of hires for the holiday season despite facing a variety of economic headwinds.
China COVID Lockdown Threatens US Trucking Sector
China has put several cities back into lockdown because of coronavirus, which could disrupt shipments headed for the U.S.
Rail Strike Averted as Unions Agree to Deal
A deal has been reached between union workers and six Class I railroads, averting a threatened strike that could have snarled the nation’s freight and passenger rail service.
From Carmakers to Refiners, Industries Brace for Rail Strike
Here’s how some industries are gauging the potential impacts and getting ready for the possible rail work stoppage.
September 14, 2022Real-Time Alerts Coming to Kansas Rural Freight Corridor
Truckers driving through the U.S. Route 83 rural freight corridor in Kansas will benefit from a $6.67 million federal grant to help fund a long fiber optic network to deliver real-time traffic, weather and other useful information in that remote agricultural stretch.