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.
Volvo Autonomous Solutions, DHL to Partner on Hub-to-Hub Transport
Volvo Autonomous Solutions announced it will offer a new hub-to-hub autonomous transport solution in North America, designed to serve shippers, carriers, logistics service providers and freight brokers.
May 9, 2022Universal Reports Higher Results in Historic Q1 for Company
Universal Logistics Holdings experienced higher earnings and revenue during a historic first quarter, the company reported May 5.
How AI Is Streamlining Freight Movement
While the concepts of artificial intelligence and machine learning are not new, rapid advances in this field are driving the future of software development in the freight transportation industry.
China’s Port Lockdowns Threaten Domestic Trucking
China locking down key port cities because of a new outbreak of the coronavirus could have serious ramifications for trucking in the United States.
Aurora Innovation Focuses on Real-Time Data
Autonomous driving technology company Aurora Innovation Inc. announced it is developing a system, Aurora Beacon, intended to allow customers to optimize autonomous vehicles for “24/7/365 operation.”
May 5, 2022GXO Reports Higher Earnings, Revenue for Q1
GXO Logistics Inc. recorded higher net income and revenue in the first quarter, the company reported May 4.
New Mexico Pursues Opportunity for Rerouted Rail Line
SANTA FE, N.M. — New Mexico is highlighting its support for proposals that would route an international rail line through its Santa Teresa port of entry, capitalizing on Mexico’s unease with disruptions along the Texas portion of the U.S. border with Mexico.
Maersk Lost More Than $700 Million From Russia in Quarter
A.P. Moller Maersk A/S lost more than $700 million in the first quarter from the war in Ukraine as it counts the cost of exiting Russia, according to the shipping giant.
Freight Industry Downshifts From Hectic Pace for Shipping
A gauge of logistics stress in the U.S. economy eased in April as freight transportation cooled, a sign that the broader economy is downshifting to a speed that remains expansionary.
Synergy Freight Solutions Merges With Knichel Logistics
Synergy Freight Solutions merged with Knichel Logistics Inc. to become Knichel Logistics–Detroit Branch, the companies announced April 25.
May 2, 2022