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.
Union Pacific Announces Strong Q4, 2021 Earnings
Union Pacific Corp. saw strong fourth-quarter earnings and record results for 2021, the company announced Jan. 20.
Freight Costs Expected to Remain High in 2022
Elevated freight rates are likely to remain through much of this year because of market turmoil, according to experts.
Amazon Heads to the Mall With Prototype Clothing Store
Amazon .com Inc. plans to open a clothing store in a Southern California mall later this year, marking the latest foray into brick-and-mortar for the online retailing giant, which already sells more than 10% of all clothes in the U.S.
Union Pacific Steps Up Security to Curb L.A. Train Thefts
Union Pacific Corp. is erecting physical barriers and increasing its own policing of an area in Los Angeles where people have been stealing goods from its trains.
Port of Long Beach Moves Record Cargo Despite Logjams
The Port of Long Beach moved record cargo volumes last year amid an import surge and supply chain snarl brought on by the pandemic.
XPO Logistics Port Truckers Seek to Unionize
Up to 250 XPO Logistics Inc. truckers who haul goods at Southern California ports and railyards are petitioning to unionize, hoping to convince federal authorities they’re really employees and not contractors as XPO claims.
Truck Tonnage in December Increases 1.4% Year-Over-Year
Truck tonnage in December rose a seasonally adjusted 1.4% compared with the same month in 2020 — the fourth consecutive year-over-year gain and the highest measurement since March, American Trucking Associations announced.
J.B. Hunt Reports Higher Profit, Revenue for Q4 2021
J.B. Hunt Transport Services on Jan. 18 announced higher earnings and revenue for the fourth quarter of 2021.
XPO Announces Expansion of LTL Network
XPO Logistics is expanding its North American operations, adding to its LTL network two new terminals, four fleet maintenance shops and trailer manufacturing capacity, the company said Jan. 18.
The Federal Response to a Disrupted Supply Chain
By the end of last year, the long-awaited $1 trillion infrastructure policy bill was signed into law, the holiday season saw the vast majority of packages delivered with minimal delays, and the USDOT announced more than $241 million in grants to domestic ports.
January 19, 2022