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February 1, 2024Search
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Shipping Officials: Supply Chain Equipped to Deal With Attacks
The world’s critical shipping lanes are facing a group of modern-day “Barbary pirates” with the recent violence in the Red Sea, according to Federal Maritime Commissioner Carl Bentzel.
February 8, 2024Leading Container Maker Sees Profit Jump in Hydrogen Business
China International Marine Containers Group, the world’s biggest manufacturer of shipping containers, is seeing a surge in revenues from its hydrogen business, a good sign for the fuel.
February 8, 2024Trucking Executives Cite Opportunities for AI Adoption
LAS VEGAS — Artificial intelligence promises to unlock greater efficiency in the freight transportation industry, but implementing AI functions is not without its challenges.
February 8, 2024Reefer Unit Powers Carrier Global to 55.6% Q4 Profit Hike
Profits at Carrier Global jumped 55.6% year-over-year in the fourth quarter on the back of higher refrigeration unit sales and improved operating margins.
February 7, 2024XPO Reports Revenue and Earnings Gains for Q4
XPO Inc. reported a year-over-year increase in revenue and earnings despite an overall softer freight environment during the fourth quarter of 2023, the company announced Feb. 7.
February 7, 2024Werner Enterprises Reports Revenue, Profit Decline for Q4
Werner Enterprises reported a drop in revenue and earnings year-over-year during the fourth quarter of 2023, the company detailed Feb. 6.
February 7, 2024San Clemente Landslide Forces San Diego Rail to Halt Again
Freight trains to and from the Port of San Diego were suspended again the night of Feb. 6 by a slow-moving landslide that threatens the tracks at San Clemente, Calif.
February 7, 2024Averitt Bolsters Nashville Presence With Upgraded Facilities
Averitt Express expanded three of its key facilities as part of an ongoing effort to strengthen its foothold in Nashville, Tenn., the company announced Jan. 31.
February 6, 2024STB Modifies Performance Requirements for Class I Railroads
Changes are being made in a nearly 2-year-old federal government requirement regarding performance levels at four Class I freight railroads.
February 6, 2024