Logistics

FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.

To improve real-time decisions in the commercial transportation sector, a new government watchdog report recommended the U.S. Department of Transportation update its freight guidance.

OMAHA, Neb. — Federal regulators are warning railroads that the long trains they favor can cause all kinds of problems and contribute to derailments.

Hub Group Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.

Universal Logistics Holdings experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.

ArcBest experienced a year-over-year decline in revenue and earnings due to a softer freight environment and the sale of its fleet maintenance subsidiary during the first quarter.

California’s Air Resources Board voted April 27 to approve a rule that would ban the use of locomotive engines more than 23 years old by 2030 and increase the use of zero-emission tech at ports and railyards.

The merged Canadian Pacific Kansas City says in its first quarter together the new Class I railroad saw its income surge by 35% to C$800 million compared with C$590 million a year ago.

Landstar System Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 26.

Schneider National achieved a 6% year-over-year earnings gain despite a revenue loss during the first quarter of 2023, the company reported April 27.