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RXO Reports $1 Billion Revenue for First Full Quarter

RXO on May 3 reported revenue exceeding $1 billion in its first full quarter as an independent company. The Charlotte, N.C.-based business formerly operated within XPO.

May 3, 2023

FMC Commissioner Calls for Transparency in Shipping Industry

Federal Maritime Commissioner Carl Bentzel believes that the port bottlenecks that occurred during the peak of the coronavirus pandemic must be avoided during future emergencies.

May 2, 2023

Japan Airlines to Debut Its First Freighter Planes in 13 Years

Japan Airlines Co. will introduce three new cargo planes for the first time in more than a decade, seeking to diversify revenue by tapping into global and local consumer demand.

May 2, 2023

DHL Plans Third Air Cargo Hub in California

Greg Hewitt, CEO of DHL Express U.S., says company leadership is doubling down on its GoGreen Plus program, with a goal of being a net-zero emissions company by 2050.

May 1, 2023

FedEx Freight Plans Closure of 29 Locations

FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.

May 1, 2023

GAO Tells DOT to Update Freight Handbook

To improve real-time decisions in the commercial transportation sector, a new government watchdog report recommended the U.S. Department of Transportation update its freight guidance.

May 1, 2023

Railroads Warned of Potential Problems With Long Trains

OMAHA, Neb. — Federal regulators are warning railroads that the long trains they favor can cause all kinds of problems and contribute to derailments.

April 28, 2023

Hub Group Reports Revenue and Earnings Decline for Q1

Hub Group Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.

April 28, 2023

Universal Logistics Reports Weaker Q1 Amid Softening Market

Universal Logistics Holdings experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.

April 28, 2023