Wall Street investors are finally doing what analysts have been recommending all along: buying Amazon.com Inc.
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Baltimore Bridge Collapses After Cargo Ship Rams Into It
BALTIMORE — A containership lost power and rammed into a major bridge in Baltimore early March 26, causing the span to buckle into the river below. Six people were missing.
March 26, 2024Amazon Reports ‘Measurable Progress’ on Worker Safety
Amazon’s safety data shows a decline in its warehouse injury rate in 2023, marking an improvement for the second consecutive year, but critics disagree with how the company measures safety.
March 18, 2024Hapag-Lloyd Warns of Further Earnings Decline in 2024
Following a slump in profits in 2023, German container shipping company Hapag-Lloyd expects earnings to decline again in 2024.
March 14, 2024Houthi Missile Damages MSC Containership in Gulf of Aden
Houthi militants attacked and damaged a Swiss-owned container vessel on March 4 in the Gulf of Aden, as the Iran-backed group continues to roil shipping in the region.
March 5, 2024Norfolk Southern Urges Shareholders to Reject Takeover Plan
OMAHA, Neb. — Norfolk Southern wants its shareholders to back its current management team and strategy and reject a bid from a group of investors seeking to take control of the railroad.
February 27, 2024Port of Baltimore Hit Cargo Record Last Year
The Port of Baltimore hit records for handling cargo last year, state officials said, showing a rebound from global supply chain difficulties and disruptions during the pandemic.
February 26, 2024Investors Flee Tumbling EV Upstarts
Investors have all but thrown in the towel on shares of EV startups Rivian Automotive and Lucid Group.Â
February 26, 2024Southwest Airlines Ground Workers Reach Deal for Pay Bump
Southwest Airlines has reached a contract with its ramp, operations, provisioning and freight agents that’ll give workers an average pay increase of over 18%.
February 23, 2024Shipping Giant CMA CGM Posts Loss as Red Sea Conflict Rages
CMA CGM SA posted its first quarterly loss in four years as the shipping industry struggles with the conflict in the Red Sea and the specter of overcapacity.
February 23, 2024