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

Old Dominion Sees First Year-Over-Year Revenue Drop in 2024

Old Dominion Freight Line experienced a slight decline in third-quarter revenue amid ongoing market softness, the company reported Oct. 23.

Connor D. Wolf | Staff Reporter
October 23, 2024
Government, Business, Logistics, Perspective

Perspective: Trucking Comes Through in Times of Need

In the worst moments, truckers are among the first to arrive, bringing lifesaving medication, water and food, writes new American Trucking Associations Chairman Dennis Dellinger.

Dennis Dellinger | Chairman, American Trucking Associations
October 23, 2024
Business, Logistics, Global Freight

DSV to Kick Off Bond Sale Early to Finance DB Schenker Deal

Danish transport company DSV will start a large bond sale as soon as this year to help pay for its $15.4 billion takeover of DB Schenker ahead of an expected completion in 2025.

Christian Wienberg | Bloomberg News
October 23, 2024
Business, Logistics

Uber Freight Ups Cross-Border Business as Nearshoring Booms

The Chicago-based logistics platform has seen significant growth, reporting a 77% year-over-year increase in cross-border business from shippers and more than 2,000 daily shipments.

Connor D. Wolf | Staff Reporter
October 22, 2024
Government, Business, Logistics, For-Hire, TCA

Lynden Transport Selected to Deliver Capitol Christmas Tree

Lynden Transport will carry the Capitol Christmas Tree from Alaska to the nation’s capital later this year.

Robert Mittendorf | The Bellingham Herald (Bellingham, Wash.)
October 22, 2024
Business, Logistics

Truckload Expansion Lifts TFI International’s Q3 Results

The Montreal-based transportation and logistics company posted net income of $128 million, or $1.50 a diluted share, for the three months ending Sept. 30.

Connor D. Wolf | Staff Reporter
October 22, 2024
Business, Logistics, For-Hire, Private, Global Freight

Walmart Challenges Amazon With Prescription Delivery

Walmart Inc. will start delivering prescriptions to U.S. homes in as little as 30 minutes, a move that’s intended to grab a bigger slice of online spending and compete against Amazon.com Inc.

Jaewon Kang | Bloomberg News
October 22, 2024
Government, Business, Logistics

Mail Carriers Reach Tentative Contract With USPS

Some 200,000 mail carriers have reached a tentative contract deal with the U.S. Postal Service that includes backdated pay raises and a promise to provide air-conditioned trucks.

David Sharp and Nick Perry | Associated Press
October 22, 2024
Business, Safety, Logistics

Norfolk Southern Tops Third-Quarter Expectations

Norfolk Southern’s streamlined operations delivered strong earnings, even excluding boosts from insurance payouts related to the derailment in East Palestine and the sale of two rail lines.

Josh Funk | Associated Press
October 22, 2024
Business, Technology, Equipment, Fuel, Logistics

EV Manufacturer Revoy Unveils Ryder as First Customer

Revoy revealed Ryder System as the first customer for the Bay Area startup’s electric vehicle, which converts a Class 8 diesel semi into a hybrid without any changes to the tractor.

Keiron Greenhalgh | Staff Reporter
October 17, 2024