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Shippers Compete for Carriers Amid Capacity Crunch

Trucking companies that are growing more selective with loads are spurring heightened competition among shippers, experts said.

December 20, 2021

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, 2021

2021 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, 2021

BrightDrop 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, 2021

FedEx 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, 2021

Ports 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, 2021

FedEx 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, 2021

Trucking 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, 2021

Driver 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, 2021

Oakland 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