Logistics

Kansas City Southern reported a higher fourth quarter and higher annual net income, but lower revenue for the period.

A global shortage of shipping containers that has sent ocean freight rates skyrocketing shows signs of easing, according to an index that tracks the steel boxes used to transport 90% of the global trade in goods.

TFI International Inc. is acquiring UPS Freight in an $800 million deal announced Jan. 25.

One of AP Moller-Maersk’s containerships carrying goods from China to the U.S. lost part of its cargo in the Pacific Ocean during bad weather.

U.S. Xpress Enterprises CEO Eric Fuller on Jan. 20 detailed the findings of an economic report his company did on the trucking industry.

The nation’s ports in December posted record or near-record cargo numbers as a surge of imports continued to enter facilities on the Pacific and Atlantic coasts.

C.H. Robinson’s fresh produce business division will roll out its own brand of fruits and vegetables nationwide, the logistics company announced Jan. 19.

Amazon .com Inc. is offering to help the Biden administration accelerate the distribution of COVID-19 vaccines, including to its own employees.

Cardinal Logistics Management Corp. announced Jan. 20 that it had acquired last-mile delivery provider NRX Logistics.

American automakers are asking the U.S. government to help solve a debilitating shortage of computer chips that is closing auto factories worldwide and could restrict production until the fall.