Logistics

The U.S. Surface Transportation Board proposed a rule change that aims to bring immediate relief for shippers facing poor rail service, asserting that the agency can take emergency action on its own to address delays.

The head of Canada’s second-biggest port has a supply chain sales pitch few of his peers in the global shipping industry can match: zero wait time at sea for container traffic.

XPO Logistics Inc. introduced a carbon-offset shipping option for customers of its truck brokerage business in North America, the company announced April 22.

Digital freight broker Convoy announced it raised $260 million in new funding and added a $150 million line of credit as it intends to accelerate the development of its efficiency-focused technologies.

PALMETTO, Fla. — The owners of World Direct Shipping have announced a bold initiative to send imported manufactured goods from SeaPort Manatee to the Northeast via a proposed CSX rail connection.

While Union Pacific Corp. delivered first-quarter financial results that outpaced Wall Street expectations, talk of service disruptions across its rail network and those of its competitors was top of mind among company executives who soon must answer to the Surface Transportation Board about those delays.

Mullen Group Ltd. reported double-digit increases in profit and revenue for the first quarter but warned that the motor carrier was concerned about surging inflation and higher fuel expenses.

The Biden administration continues to pursue initiatives meant to ease the impact of fuel prices on industries as congressional leaders finalize legislation to enhance supply chain connectivity.

CSX Corp. reported first-quarter earnings April 20 that beat Wall Street analysts’ expectations.

Financial reverberations from days’ worth of bottlenecks at the border between Texas and Mexico will be felt for months, trucking and economic experts said.