Norfolk Southern's CEO won support from adviser Institutional Shareholder Services before a shareholder vote on an activist-driven push to replace the railroad’s leadership team.
April 30, 2024Search
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US Ports Report Continued Volume Gains in First Quarter
U.S. ports closed out the first quarter in March with continued year-over-year increases in container volumes.
April 30, 2024Saia Q1 Profit Increases 19.2% as Revenue Rises 14.3%
Saia Inc. posted a 19.2% increase in profits in the first quarter of 2024 but undershot analyst and market expectations, even as key metrics improved.
April 30, 2024GXO Completes Acquisition of UK-Based Wincanton
GXO Logistics has completed its acquisition of the U.K.-based transport and logistics services company Wincanton, the company announced April 29.
April 30, 2024Waabi Opens Texas Terminal as Hub for Self-Driving Trucks
Waabi Innovation opened a terminal in Lancaster, Texas, to serve as the center of the company’s operations in the state, which are at the heart of the self-driving truck specialist’s ambitions.
April 30, 2024Ryder Continues Cross-Border Expansion With New Facility
Ryder System is opening a second multiclient logistics facility at a U.S.-Mexico port to take advantage of the recent nearshoring trend, the company announced April 29.
April 30, 2024DB Schenker to Carry Out Range Energy Trailer Testing in H2
DB Schenker will carry out a pilot program testing Range Energy’s electrified dry van trailers in the second half of 2024, the startup said.
April 30, 2024Kansas Gains $76.5 Million Window, Door Maker Logistics Hub
The Marvin Cos. plans to build a $76.5 million window and door manufacturing facility in Kansas City, Kan., that will boast 600 employees, including truck drivers, within four years.
April 29, 2024DHL Expands Retail Presence in D.C. Area
DHL expanded its network of retail locations by introducing a store in Fairfax, Va., the company announced April 23.
April 29, 2024Logistics Supply Chain Shows Steadiness Amid Rough Waters
During the past four years, supply chain and logistics companies have ridden the highs and lows of a market that included a pandemic and fractured economy to keep goods moving.
April 29, 2024