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.
 

Government, Business, Logistics

Grant Approved for Norfolk Terminal Rail Expansion

Virginia's Commonwealth Transportation Board recently approved a $450,000 grant for Norfolk Terminal LP that will be used to improve goods movement at the facility.

July 28, 2021
Business, Logistics, Top 100

UPS Freight Purchase Powers TFI to Q2 Gains

TFI International reported large gains in second-quarter net income and revenue, helped by its acquisition of the UPS Freight operation.

July 28, 2021
Business, Technology, Logistics

Shopify Profit Is More Than Double Forecast, Extending Streak

Shopify Inc. beat expectations in the second quarter, with adjusted profit per share more than double what analysts had forecast, and said operating earnings for 2021 should exceed last year’s.

July 28, 2021
Business, Logistics, Top 100

UPS Earns $2.7 Billion in Q2

Robust e-commerce business and the company’s role in delivering millions of COVID-19 vaccines worldwide helped contribute to strong second-quarter financial results for Atlanta-based UPS Inc.

July 27, 2021
Business, Fuel, Logistics

Airports in West Deal With Shortage of Jet Fuel

A shortage of jet fuel, coupled with supply chain issues and an urgent demand from firefighting aircraft, continues to cause problems at airports around the West.

July 26, 2021
Business, Logistics, Top 100

Ryder Teams With Bed, Bath & Beyond on Distribution Centers

Bed Bath & Beyond Inc. will partner with logistics specialist Ryder System Inc. to develop two distribution centers in Pennsylvania and California.

July 26, 2021
Business, Logistics, Top 100

Forward Air to Offer LTL Service in Vancouver

Forward Air Corp. will expand its expedited less-than-truckload service in Vancouver, British Columbia, the company announced July 20.

July 23, 2021
Business, Logistics, Top 100

U.S. Xpress Reports $475 Million Revenue for Q2

U.S. Xpress Enterprises posted gains in earnings and revenue growth during the second quarter, the company reported.

July 23, 2021
Government, Business, Logistics

US, Mexico Fail to Resolve Trade Dispute for Cars

The U.S. and Mexico failed to resolve a dispute over trade rules for cars during a meeting this week, threatening the goal of boosting regional manufacturing under their new trade pact.

July 23, 2021
Business, Logistics, Top 100

Ryder Expands Last-Mile Delivery Network

Ryder System plans to extend expansion of its last-mile delivery network to meet growing consumer demand, the company said.

July 23, 2021