Maersk Sees Improved Prospects for Global Container Trade
A.P. Moller-Maersk A/S, a bellwether for global trade, said a strong start to the year has improved the outlook for container trade demand worldwide.
May 2, 2024C.H. Robinson Reports Lower Revenue, Net Income for Q1
C.H. Robinson Worldwide experienced a year-over-year decline in revenue and earnings during the first quarter of 2024, the company reported May 1.
May 2, 2024Body of Fifth Worker Found After Baltimore Bridge Collapse
BALTIMORE — Authorities said they have recovered the body of a fifth person who was missing after the collapse of the Francis Scott Key Bridge more than a month ago.
May 2, 2024FRA: Union Pacific Undermined Regulators’ Safety Efforts
OMAHA, Neb. — Union Pacific managers undermined the U.S. government’s efforts to assess safety at the railroad in the wake of several high-profile derailment, federal regulators say.
May 1, 2024Buttigieg Calls on Congress to Pass Rail Bill
More than a year after a train derailment in Ohio captured mainstream attention, the nation’s top transportation officer again called on Congress to advance a freight safety bill.
May 1, 2024Werner Posts Revenue, Earnings Decline for Q1
Werner Enterprises experienced a decline in revenue and earnings during the first quarter of 2024, the company reported April 30.
May 1, 2024Amazon Sees Strong Q1 Results Driven by Cloud-Computing Unit
NEW YORK — Amazon reported strong results for the first quarter, driven by growth in its cloud-computing unit and a new surge of advertising dollars from its Prime Video streaming service.
April 30, 2024Containership Hit Far in Arabian Sea; Houthis Claim Attack
JERUSALEM — A containership came under attack by a drone in the far reaches of the Arabian Sea, corresponding with a claim by Yemen’s Houthi rebels that they assaulted the ship there.
April 30, 2024Proxy Firm: Norfolk Shareholders Should Split Ticket in Vote
Norfolk Southern's CEO won support from adviser Institutional Shareholder Services before a shareholder vote on an activist-driven push to replace the railroad’s leadership team.
April 30, 2024US Ports Report Continued Volume Gains in First Quarter
U.S. ports closed out the first quarter in March with continued year-over-year increases in container volumes.
April 30, 2024