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.
Forward Air to Offer LTL Service in Vancouver
Forward Air Corp. will expand its expedited less-than-truckload service in Vancouver, British Columbia, the company announced July 20.
July 23, 2021U.S. Xpress Reports $475 Million Revenue for Q2
U.S. Xpress Enterprises posted gains in earnings and revenue growth during the second quarter, the company reported.
US, Mexico Fail to Resolve Trade Dispute for Cars
The U.S. and Mexico failed to resolve a dispute over trade rules for cars during a meeting this week, threatening the goal of boosting regional manufacturing under their new trade pact.
Ryder Expands Last-Mile Delivery Network
Ryder System plans to extend expansion of its last-mile delivery network to meet growing consumer demand, the company said.
July 23, 2021TForce Logistics Expands Regional Last-Mile Delivery in Texas
The TFI International operating company, TForce Logistics, launched a regional e-commerce network in Texas, the company announced July 20.
July 22, 2021Union Pacific Reports Strong Q2 Earnings
Omaha, Neb.-based Union Pacific Corp. reported strong second-quarter results, surpassing expectations of Wall Street analysts.
CSX Beats Expectations With Q2 Freight Surge
Jacksonville, Fla.-based CSX Corp. reported second-quarter earnings that showed a strong uptick in freight shipments, and the company’s financial picture exceeded Wall Street analysts’ expectations.
Uber Freight to Acquire Logistics Firm Transplace for $2.25 Billion
Uber Technologies Inc.’s freight business will acquire logistics technology firm Transplace from TPG Capital for $2.25 billion, the company announced July 22.
Lumber Surges Anew as Canada Wildfires Snarl Shipments
Lumber futures rose the most in more than a year on concern that wildfires in western Canada will reduce supply and spur more curtailments at sawmills.
Senate Commerce Leaders Push Supply Chain Efficiency
To promote efficiency across the country’s supply chain, Commerce Committee Chairwoman Maria Cantwell recently pressed colleagues to advance legislation meant to enhance the flow of freight.