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Knight-Swift Reports $1.8 Billion Revenue for Q1

Knight-Swift Transportation Holdings Inc. posted revenue and earnings growth during the first quarter, the company reported April 20.

April 21, 2022

Border Inspections Lost Texas $4.2 Billion, Economist Says

DALLAS — Long wait lines for trucks at the border after Gov. Greg Abbott ordered increased inspections cost Texas more than $4.2 billion in goods and services and the equivalent of 36,000 jobs, a report from Texas economist Ray Perryman said April 20.

April 21, 2022

Amazon to Invest $1 Billion in Logistics, Robotics Companies

Amazon.com Inc. says it plans to invest $1 billion in companies developing technologies in logistics, supply chain management and safety, as the retailer seeks to keep an eye on new ideas that might aid its core business.

April 21, 2022

Amazon Targets Shopify With New ‘Buy With Prime’ Service

Amazon.com Inc. said it will let merchants sell products they list with the e-commerce giant directly from their own websites, as part of a move to blunt the momentum of fast-growing competitor Shopify Inc.

April 21, 2022

Ports on Both Coasts Set Records in March

Container ports in March were operating at, or near, record levels on the Pacific and Atlantic coasts.

April 20, 2022

SeaPort Manatee on Track for Record Year

PALMETTO, Fla. — SeaPort Manatee appears to be on track to set a record in total cargo, surpassing its high mark of nearly 10.5 million tons set in fiscal 2021.

April 20, 2022

Latest Apps Promise Fast Service, but Can They Deliver?

Venture capitalists have poured billions into companies in the latest pandemic delivery craze: companies that promise food or toiletries in 30 minutes or less. But experts say they are unprofitable and officials in some cities are complaining about how they operate, saying it’s bad for employees and residents.

April 19, 2022

Truck Tonnage Rises 3.8% in March

March truck tonnage rose 3.8% compared with year-ago levels, and also posted a first-quarter gain over the same period in 2021, American Trucking Associations reported.

April 19, 2022

Rising Freight Rates Put Heavy Burden on Grain-Importing Nations

The war in Ukraine will put further pressure on grain-importing countries in Africa and Asia as a reduced number of vessels for delivering cargoes drives up shipping rates, according to the head of the International Chamber of Shipping.

April 19, 2022

Walmart Will Run Forklifts on ‘Green’ Hydrogen in Plug Power Deal

Plug Power Inc.’s bid to become a major supplier of carbon-free hydrogen just won the backing of one of the company’s oldest customers: Walmart Inc.

April 19, 2022