Logistics
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.
St. Lawrence Seaway Reaches Deal to End Shipping Strike
A deal was reached Oct. 29 to end a weeklong strike that had shut down a major shipping artery in the Great Lakes, halting the flow of grain and other goods from the U.S. and Canada.
October 30, 2023Universal Reports Revenue Decline Amid Q3 Headwinds
Universal Logistics Holdings experienced an overall decrease in revenue, with each segment facing year-over-year declines for the third quarter of 2023, the company reported Oct 26.
Norfolk Southern Turns to Automated Inspection Portals
Norfolk Southern has installed automated inspection portals on its tracks in Ohio — not far from where one of its trains went off the tracks in February and spilled chemicals that caught fire.
Ryder Reports Slight Revenue Decline for Q3
Ryder System Inc. experienced a slight decline in year-over-year revenue amid market headwinds during the third quarter of 2023, the company reported Oct. 25.
Strike Halts All Shipping on St. Lawrence Seaway
MINNEAPOLIS — A strike has shut down all shipping on the St. Lawrence Seaway, interrupting exports of grain and other goods from Canada and the U.S. via the Great Lakes to the rest of the world.
Ports Consider Digitization Strategies to Track Cargo
AURORA, Colo. — Ports and shippers are exploring ambitious port digitization and tracking system projects that allow stakeholders across the supply chain to track cargo in real time.
Canadian Pacific Earnings Fall, 2023 Outlook Revised
Railway operator Canadian Pacific Kansas City Ltd. said a weakening economy and spate of labor disruptions weighed on freight volumes in the third quarter more than management anticipated.
Port Leaders See Viability of Inland Facilities
AURORA, Colo. — As land around the nation’s congested seaports gets more expensive, executives at AAPA's annual convention said a viable option is to develop inland ports.
Congestion Cost Trucking a Record $94.6 Billion in 2021
Snarled traffic added $94.6 billion in costs to the trucking industry in 2021, up from $74.5 billion in 2016, according to a study by the American Transportation Research Institute.
Former Employees Looking to Buy Convoy, Report Says
Convoy, the Seattle-based freight startup that shut down last week, is being sold, according to a former Convoy employee familiar with the deal.