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Yellow Reports Mixed Q4, 2021 Results

Less-than-truckload carrier Yellow Corp. reported mixed year-over-year fourth-quarter and full year earnings.

February 3, 2022

Kansas City Southern Earnings Rise

As it undertakes a $30 billion merger, Kansas City Southern released its fourth-quarter and full-year 2021 financial report on Jan. 28.

February 3, 2022

Bulk Shipping Rates Extend Slide on Weak Demand From China

A slowdown in China’s steel production is curbing demand for bulk ships to transport iron ore, driving a steady decline in global freight rates from October’s peak.

February 3, 2022

C.H. Robinson Reports 55.7% Earnings Surge for Q4

C.H. Robinson Worldwide saw net income soar during the fourth quarter of 2021, the company reported Feb. 2.

February 2, 2022

Port of Oakland Plans Pop-Up Terminal for Ag Exports

Beginning in early March, the Port of Oakland, with the help of the U.S. Department of Agriculture, will set up and operate a 22-acre, multimillion-dollar pop-up container yard specifically for agricultural exports.

February 2, 2022

ArcBest Reports Strong Q4, Year on High Demand

ArcBest Corp. reported record profits and revenue for the fourth quarter and the full year thanks to surging freight demand.

February 1, 2022

UPS Surges After 2022 Forecasts Exceed Wall Street’s Estimates

UPS Inc. on Feb. 1 announced record fourth-quarter and full-year financial results, as online holiday shopping boosted home parcel deliveries while an increase in medical shipments kept the company’s drivers and trucks busy.

February 1, 2022

DHL Invests in Robots to Automate Warehousing in North America

DHL Supply Chain is investing $15 million in robotics solutions from Boston Dynamics to further automate its warehousing in North America, the Westervillle, Ohio, company announced Jan. 26.

January 31, 2022

Qatar Airways Orders 50 Boeing 777X Freighters

Boeing Co. formally launched its 777X freighter as Qatar Airways committed to purchasing up to 50 of the wide-body cargo haulers, kicking off sales of the planemaker’s first new jet program in nearly five years.

January 31, 2022

Boeing’s Aging Cargo Line Risks Losing Dominance to Airbus

The air cargo business, booming as never before during the global pandemic, is massively dominated by Boeing jets that make up most of the worldwide air freighter fleet. Yet there is a threat to that dominance.

January 31, 2022