Logistics

Losses at Nikola in the first quarter narrowed year-over-year, and executives are more bullish than in previous quarters about the truck maker’s prospects even as production costs soar.

PAVILION TOWNSHIP, Mich. — Two reported tornadoes struck a Michigan city and the surrounding area May 7, destroying homes and commercial buildings, including a FedEx facility.

GXO Logistics experienced a decline in earnings on an increase in revenue to $2.46 billion during the first quarter of 2024, the company reported May 7.

WattEV opened a battery-electric charging depot in Bakersfield, Calif., on May 6, its largest yet, the company said.

C.H. Robinson says it has launched an artificial intelligence platform that automates responses to email requests from shippers seeking answers to commonplace inquiries.

UPS Inc.’s top financial executive, Brian Newman, plans to leave the company June 1 in order to focus on his personal health, the shipping giant said May 6.

XPO Inc. experienced a 294.1% increase in earnings year-over-year despite a soft freight environment during the first quarter of 2024, the company reported May 3.

NORWALK, Conn. — Workers on May 3 began removing a bridge over a Connecticut highway that was damaged in a fiery crash  — a project expected to keep both sides of I-95 closed through the weekend.

The Houthi group based in Yemen threatened to start trying to attack ships in the eastern Mediterranean as it steps up a campaign of anti-Israeli assaults.

Schneider experienced a year-over-year decline in revenue to $1.32 billion during the first quarter of 2024, the company reported May 2.