Logistics

About Logistics News...

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.
 

Business, Logistics

FedEx Posts Drop in Q1 Profit, Decreases Forecast for Fiscal 2020

FedEx Corp.’s fiscal 2020 first-quarter earnings were down as a result of a weakening global economy and increased costs as it expands its service into other business lines, including seven-days-a-week home delivery service, the parcel delivery company said.

Dan Ronan | Senior Reporter
September 17, 2019
Government, Business, Logistics

NYC Congestion Pricing Encouraged by Transportation Group

New York’s congestion pricing plan should include fees on motorists both entering and leaving midtown Manhattan, as well as variable rates linked to peak and off-peak hours to encourage commuters to choose the least busy times to travel, a transportation group recommended.

Henry Goldman | Bloomberg News
September 17, 2019
Government, Business, Fuel, Logistics

US Exporters Rely on Trucks to Meet Mexico’s Fuel Demand

U.S. exporters are increasingly relying on trucks to get fuel into Mexico as the country’s gasoline production sags and infrastructure constraints limit shipments from one coast to the other.

September 17, 2019
Business, Technology, Logistics, Autonomous

TuSimple to Use New Funds for System Development, Route Expansion

Startup autonomous truck company TuSimple announced commitments from investors for an additional $120 million. These funds are part of an extended Series D round that was oversubscribed and reached a total of $215 million.

Roger Gilroy | Senior Reporter
September 17, 2019
Government, Business, Logistics

Striking GM Workers, Union Far From Agreement

General Motors Co. and the United Auto Workers remain far apart in their talks over a new contract, according to the union’s top negotiator, making it less likely a strike called Sept. 15 will end within two days like a previous work stoppage did in 2007.

David Welch | Bloomberg News
September 17, 2019
Business, Technology, Safety, Logistics

Trimble Dives Deeper Into Data Analytics, Taps Langley to Lead Transportation Division

HOUSTON — Trimble introduced a broad range of new software features and product enhancements designed to help fleets gain more insights from the data in their systems and collaborate more closely with their shipper customers.

Seth Clevenger | Managing Editor, Features and Multimedia
September 17, 2019
Business, Logistics

Amazon Falls After Report That the Company Prioritized Profit in Its Search Listings

Amazon.com shares fell following a report that the e-commerce giant adjusted its product search results to emphasize items that are more profitable to the company.

Matt Day | Bloomberg News
September 16, 2019
Business, Logistics

Coyote Logistics Makes Managerial Appointments

Coyote Logistics made several new appointments to its executive leadership team, according to a Sept. 13 news release.

September 16, 2019
Business, Logistics, TCA

Shippers Sue Oregon Port Over Fee

An association representing oceangoing ships is suing the Port of Astoria in Oregon over its $300 fee for pier maintenance.

Edward Stratton | The Daily Astorian (Oregon)
September 16, 2019
Business, Logistics, TCA

Nestle to Close Illinois Distribution Facility

Nestle is closing a frozen food distribution facility in the Chicago suburb of Glendale Heights, Ill., and laying off 121 workers beginning in October.

Robert Channick | Chicago Tribune
September 16, 2019