Ports across the United States are reporting record volumes, but transportation officials are raising concern that economic tariffs being imposed against other countries by the Trump administration — and retaliatory efforts those nations are enacting in response — could affect the longer-term global trade outlook.
July 19, 2018Search
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Heartland Profits Jump 22% in 2Q as Revenue Rises
Heartland Express reported second-quarter net income of $17.8 million, or 22 cents per share, a 22% increase from $14.6 million, or 18 cents, recorded in the second quarter of 2017.
July 19, 2018Amazon Logistics Seen as Way to Owning a Delivery Business
Amazon.com has nearly 200 warehouses, a fleet of trucks and airplanes, and even its own delivery drones — yet the company has determined that is not enough to satiate its booming demand.
July 19, 2018Fed Beige Book Cites Trucking Woes as Drivers Prove Hard to Find
American businesses want to keep trucking along, but they’re running into a persistent roadblock: a driver shortage amid high demand for freight services.
July 19, 2018Appeals Court Temporarily Stays EPA Decision to Not Enforce Glider Kit Truck Regulation
A federal appeals court has issued a temporary stay blocking a decision by the Environmental Protection Agency to not enforce an Obama administration regulation that limits glider kit truck manufacturers to building no more than 300 of the trucks a year.
July 19, 2018Canadian Pacific Reports Second-Quarter Revenue Growth of 7%
Canadian Pacific Railway Ltd. announced second-quarter revenues of C$1.75 billion, an increase of 7% from $1.64 billion when compared with the same period of 2017.
July 18, 2018ODW Opens E-Commerce Center in Columbus, Ohio
ODW Logistics is opening a 200,000-square-foot logistics center near Columbus, Ohio, to expand its e-commerce capabilities. The facility on Interstate 71 in Grove City is within a 10-hour drive of about 50% of the U.S. population and one-third of the Canadian population, according to ODW.
July 18, 2018Boeing’s Faith in Airfreight Pays Off With $18 Billion in Sales
Boeing Co. stood by the air-cargo market during a withering downturn a decade ago, and that decision is paying off handsomely now.
July 18, 2018Amazon Rival Draws Battle Lines With Bronx Warehouse
FreshDirect has figured out an important trick: how to make money delivering groceries.
July 17, 2018Lineage Raises $700 Million From Stake Sale to Stonepeak, D1
Lineage Logistics, which calls itself the fastest-growing provider of temperature-controlled services such as transportation and storage, sold a minority stake worth $700 million, according to its CEO and co-founder.
July 17, 2018