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, Safety, Logistics, TCA

Colorado Awarded $66M in Federal Funding for Rail Safety

Colorado has been awarded $66.4 million in grant funding to improve the safety of the Burlington Northern Santa Fe rail line north of Denver.

November 1, 2024
Government, Business, Logistics

Port of Vancouver Braces for Strike Set for Nov. 4

Dock foremen and women in British Columbia issued a strike notice for Nov. 4, setting up a complete shutdown of Canada鈥檚 busiest port, a business group said.

November 1, 2024
Business, Logistics, Global Freight, Top 100, Top 50

Amazon Exceeds Profit Forecasts, Predicts Q4 Sales Surge

鈥淎s we get into the holiday season, we鈥檙e excited about what we have in store for customers,鈥 CEO Andy Jassy said in a statement.

October 31, 2024
Business, Technology, Logistics

Uber Shares Slump on Muted Bookings in US Rides Business

Uber Technologies reported weaker-than-expected ride bookings and issued a middling forecast for the holiday quarter, even as it delivered record operating profit.聽

October 31, 2024
Business, Logistics, For-Hire, Top 100

Werner Revenue and Profit Decline on Q3 Market Struggles

The Omaha, Neb.-based carrier鈥檚 Q3 net income fell 72% to $6.6 million, or 11 cents per share, compared with $23.7 million, 37 cents, a year ago.

October 30, 2024
Business, Logistics, For-Hire, Top 100

XPO Net Income Climbs 10% on Strong LTL Pricing in Q3

XPO鈥檚 North American LTL segment, its core operation, increased revenue by 1.9% to $1.25 billion from $1.23 billion last year despite declines in shipment volumes.

October 30, 2024
Government, Technology, Safety, Logistics

CISA Issues Global Cyber Plan to Protect US Infrastructure

CISA released an international plan outlining steps to work more with overseas stakeholders to better safeguard online interconnections with the U.S. supply chain.

October 30, 2024
Business, Logistics, Global Freight, Top 100

DSV Secures $5.4 Billion in Bonds for DB Schenker Deal

The Danish transport company sold a six-part bond deal with maturities ranging from two to 10 years, according to a person familiar with the matter.

October 30, 2024
Business, Logistics

Refrigerated Rates鈥 Near-Term Upside Likely Limited: FTR

Rates will improve in 2025, however, as will volumes, FTR Vice President of Trucking Avery Vise said during the research group鈥檚 Q4 2024 Food Industry Economic and Transportation Update.

October 30, 2024
Government, Safety, Logistics

Buttigieg, Lawmakers Tout IIJA on Third Anniversary

Approaching the three-year anniversary of the Infrastructure Investment and Jobs Act, Pete Buttigieg is pointing to the law鈥檚 impact on communities and commercial corridors.

October 29, 2024