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.
Qatar Airways Orders 50 Boeing 777X Freighters
Boeing Co. formally launched its 777X freighter as Qatar Airways committed to purchasing up to 50 of the wide-body cargo haulers, kicking off sales of the planemaker’s first new jet program in nearly five years.
Boeing’s Aging Cargo Line Risks Losing Dominance to Airbus
The air cargo business, booming as never before during the global pandemic, is massively dominated by Boeing jets that make up most of the worldwide air freighter fleet. Yet there is a threat to that dominance.
‘Tens of Millions’ of COVID Tests Are in the Mail
About 60 million households in the U.S. have ordered at-home COVID-19 tests from the federal government and “tens of millions” of tests have been shipped out by the U.S. Postal Service, according to White House spokeswoman Karine Jean-Pierre.
Canadian Pacific Says Weather, KCS Merger Affected Q4 Results
Severe winter weather along part of its network and increased costs with the proposed merger of Canadian Pacific Railway with Kansas City Southern impacted fourth-quarter financial results.
Norfolk Southern Posts Record Results for Q4, Full Year
Norfolk Southern Corp. reported record fourth-quarter and full-year net income from railway operations and operating ratio when the Class I railroad released its results Jan. 26.
Cardboard Box Shortage Is Latest Disruption to Global Shipping
The latest hurdle to shipping goods in a world gripped by pandemic-driven supply chain disruptions is a shortage of cardboard boxes, according to one of the world’s biggest makers of the material.
Landstar Reports Record Revenue of $1.95B for Q4
Landstar System on Jan. 26 reported record quarterly revenue and operating income for the fourth quarter of 2021.
Knight-Swift Reports 78.9% Jump in Earnings for Q4
Knight-Swift Transportation Holdings reported a 78.9% jump in earnings Jan. 26 for the fourth quarter of 2021.
Marten Transport Reports Revenue, Earnings Growth for Q4
Marten Transport saw revenue and earnings grow during the fourth quarter of 2021.
CN Announces New CEO, Strong Q4 Results
Nearly a year after Canadian National Railway began pursuit of an ultimately unsuccessful $33 billion bid to merge with Kansas City Southern, the company will turn to Tracy Robinson, a former executive at one of CN’s rivals, as the railroad’s new president and CEO.