More than any of the megacap technology stocks, Amazon.com Inc.’s big-spending ways are coming at the expense of profits, and its shares are being punished as a result.
August 20, 2024Logistics 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.
Will Amazon’s AI Bet Pay Off?
ATA Names Dan Hilton MSC Executive Director
Dan Hilton, an alumnus of Capitol Hill and trade associations with extensive experience in government and advocacy, is the new executive director of ATA’s Moving & Storage Conference.
August 19, 2024Port Traffic Booms Despite Recession Fears
The busiest port complex in the U.S. is churning through import volumes near the highs set during the pandemic despite worries about a cooling economy.
August 19, 2024Canadian National Issues Lockout Notice to Railway Teamsters
Canadian National Railway Co. issued a formal notice Aug. 18 that union-affiliated workers will be locked out in the coming days if a labor agreement is not reached.
August 19, 2024Private Carrier Sector Rankings Reflect Fleet Growth
Although freight market conditions have been favorable to shippers for the past two years, many of the largest private carriers in North America operate larger fleets now than in years past.
August 16, 2024Going Private: Shippers Strengthening In-House Fleets
Even at a time when for-hire truck capacity is readily available at comÂpetitive rates, many shippers have continued to invest in their own private fleets.
August 16, 2024Rivian Pauses Output of Amazon’s Electric Delivery Van
Rivian Automotive Inc. has paused production of the electric commercial van it makes for Amazon.com Inc. due to a parts shortage in the latest supply chain snafu for the EV maker.
August 16, 2024Labor Minister Not Intervening in Canada Rail Dispute
The Canadian government has denied an arbitration request by Canadian National Railway Co., increasing the likelihood of a nationwide work stoppage by thousands of its unionized workers.
August 15, 2024New Overweight Hauling Law Helps Wisconsin Cheesemakers
Wisconsin cheesemakers and the state’s trucking association are applauding the passage of a new law that boosts hauling capacity for dairy farmers.
August 15, 2024Toll Rates Climb on Three Indiana-Kentucky Bridges
Tolling rates rose recently on three bridges connecting Louisville, Ky., and southern Indiana as part of an annual adjustment.
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