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Construction Costs Soar on Alaska Freight Route

Inflation is blamed for sending project completion costs soaring 68% since 2021 to today鈥檚 $840 million to complete a freight route for bringing goods into Alaska from the port in Anchorage.

August 1, 2023
BusinessLogisticsFor-Hire

Saia Reports Lower Q2 Profit, Revenue

Saia Inc. posted net income of $91.3 million in the second quarter of 2023, compared with $109.2 million in the same period a year earlier, the less-than-truckload carrier said.

July 31, 2023
GovernmentBusinessLogisticsFor-Hire

Georgia Distribution Center to Team NFI, Bradshaw 爱豆传媒

Georgia officials announced plans to open a new East Coast distribution center in Effingham County to bring聽 Bradshaw 爱豆传媒鈥檚 products to customers faster through a partnership with NFI.

July 31, 2023
BusinessLogisticsFor-Hire

Old Dominion Freight Line Q2 Profit Falls 22.3% Year-On-Year

Old Dominion Freight Line Inc. profits fell 22.3% year-over-year to $292.4 million in the second quarter of 2023 from $376.1 million in the year-ago period, it said.

July 31, 2023
BusinessLogisticsFor-Hire

ArcBest Q2 Profit More Than Halves on Weak Demand

ArcBest posted lower earnings and revenue on weaker demand for the second quarter, the Fort Smith, Ark.-based carrier announced July 28.聽

July 31, 2023
BusinessLogisticsPrivate

Amazon to Double Number of Same-Day Delivery Facilities

Amazon.com Inc. will double the number of U.S. same-day delivery facilities in the 鈥渃oming years,鈥 the company announced July 31.

July 31, 2023
BusinessLogisticsFor-Hire

Yellow Ceases Operations

Less-than-truckload company Yellow shut down operations, ending a nearly 100-year history as one of the nation鈥檚 largest carriers, and the company began posting notices at terminals.

July 30, 2023
BusinessLogisticsFor-Hire

Yellow Puts Logistics Division Up for Sale

Yellow Corp. says it is shopping its third-party logistics broker, Yellow Logistics, to raise cash as the less-than-truckload company attempts to remain in business.

July 28, 2023
GovernmentBusinessLogistics

New Iowa Truck Road Unveiled at Missouri River Barge

A road partially funded by a $1 million U.S. government grant is enabling farmers to move freight from Interstate 29 directly to Iowa鈥檚 Port of Blencoe barge terminal on the Missouri River.

July 28, 2023
GovernmentSafetyLogistics

Senators Introduce Trucking Safety Bill

Legislation meant to promote highway safety by setting federal standards that further determine a carrier鈥檚 competence was recently introduced in the U.S. Senate.

July 27, 2023