Trucking companies that are growing more selective with loads are spurring heightened competition among shippers, experts said.
December 20, 2021Search
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CN Rail to Name New CEO Next Month; Candidate Jim Vena Drops Out
Canadian National Railway Co. dropped the most in eight months after saying that Jim Vena, a former executive favored by shareholder TCI Fund Management Ltd. to run the company, had dropped from consideration to replace CEO Jean-Jacques Ruest.
December 20, 20212021 Top 10 Stories Cover Array of Issues as COVID Still Casts Shadow
Here are the 10 most-read stories on the Transports Topics website in 2021, based on Google Analytics.
December 31, 2021BrightDrop Delivers First Electric Vans to FedEx
BrightDrop, General Motors Co.’s new electric delivery and logistics business, has delivered the first five vans of an order of 500 to FedEx Corp., the company said Dec. 17.
December 17, 2021FedEx Surges After Higher Rates Boost Profit, Ease Labor Worries
FedEx Corp. rode increased prices to post profit above analysts’ estimates, bolstering the company’s outlook and easing investor concerns over higher labor U.S. costs. The shares rose in late trading.
December 16, 2021Ports Post Strong November Volumes as Imports Continue to Surge
Atlantic and Pacific ports in November continued their record-setting pace as imports continue to flood into the country during the peak of the holiday shopping season.
December 16, 2021FedEx Invests $72 Million in Miami Airport Cargo Hub
FedEx Corp. began operations Dec. 15 at its substantially bigger air cargo hub at Miami International Airport. The $72 million addition, two years under development and roughly the size of two football fields, doubles the hub’s size to 282,000 square feet.
December 16, 2021Trucking Industry M&A Activity Surges During 2021
2021 was an especially busy year for trucking in terms of acquisitions, with various factors creating an ideal market for buyers and sellers.
December 16, 2021Driver Shortage Defines Trucking for 2021
The shortage of professional drivers quickly became the defining issue for the industry during the past year with its far-reaching effects.
December 17, 2021Oakland Port Imports Rebound in November as Chaos Roars in L.A.
Container traffic at the Port of Oakland is starting to pick up again amid the supply chain chaos. Cargo imports handled by the Port of Oakland increased 6.5% in November from a year earlier, the hub said in an emailed statement Dec. 15.
December 15, 2021