Logistics News

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.
 

BusinessLogisticsFor-Hire

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.

October 26, 2023
GovernmentBusinessLogistics

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.

October 26, 2023
GovernmentBusinessTechnologyFuelLogistics

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.

October 26, 2023
BusinessLogistics

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.

October 25, 2023
BusinessLogistics

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.

October 25, 2023
BusinessEquipmentFuelLogistics

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.

October 25, 2023
BusinessTechnologyLogisticsTCA

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.

October 25, 2023
BusinessLogistics

CN Railway Misses Estimates as Consumer Goods Shipments Drop

Canadian National Railway Co. spelled out a challenging picture for the economy as earnings fell short of expectations in the third quarter, partly due to falling demand for consumer goods.

October 24, 2023
BusinessLogisticsFor-Hire

TFI Third-Quarter Profit Dives 45.6% on Weak Freight Market

TFI International profits in the third quarter slumped 45.6% year-over-year, with the Canadian company primarily citing weaker market conditions, especially in the truckload market.

October 24, 2023
GovernmentBusinessLogistics

Federal Grant to Improve Access at Indiana Agribusiness Park

Secretary of Commerce Gina Raimondo announced a $1.75 million grant to a rural Indiana county to provide better access for heavy trucks at an agricultural business park.

October 24, 2023