Logistics

C.H. Robinson Worldwide on Oct. 30 reported profit and sales declines that were worse than expected due to excess shipping capacity and waning demand.

Forward Air Corp. reported strong third-quarter earnings, including skyrocketing revenue, when the Greeneville, Tenn., company announced financial results Oct. 24.

The sheer volume of wind turbine blades, towers and other parts moving through Duluth, Minn., in 2019 surpassed record tonnage totals this week by reaching 306,000 freight tons.

Saia Inc. reported mixed third-quarter financial results Oct. 30, missing Wall Street’s expectations for earnings but surpassing analysts’ forecasts for revenue.

Swift Logistics will close its warehouse in Springettsbury Township, Pa., on Dec. 31, and 56 employees will be laid off.

The U.S. Department of Agriculture on Oct. 30 announced its final interim rule supporting a 2018 hemp legalization law that will allow the interstate transportation of hemp without interference from the states.

Canadian carrier Mullen Group Ltd. posted a 6.4% decline in net income in the third quarter, to C$20.5 million or 20 cents per share, according to a company news release Oct. 24.

Convoy risks drawing comparisons to Uber in less flattering ways: drivers grousing about getting squeezed and a business model that has yet to turn a profit.

Amazon.com’s shipping costs skyrocketed 46% year-over-year in the third quarter to a record $9.6 billion, an increase of more than $500 million over what the online retail giant spent during the same period in 2018.

True driverless cars have arrived from Waymo, the self-driving unit of Alphabet Inc., but the company’s chief executive officer says robot ride hailing may not be the first form of automotive autonomy to take off commercially.