Electric aircraft such as drones could account for 30% of same-day package deliveries by 2040 as network scale dramatically brings down costs, according to L.E.K. Consulting.
February 16, 2021Search
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Amazon Sues N.Y. Attorney General, Claiming Excessive COVID Demands
Amazon .com Inc. is suing the New York State attorney general, arguing that she’s exceeding her authority in seeking to penalize the company for alleged failures in its pandemic safety protocols and treatment of workers at New York City warehouses.
February 12, 2021Forward Air Revenue Increased While Income Declined for Q4
Forward Air Corp. reported record fourth-quarter revenue but a decline in net income.
February 12, 2021Illinois Launches Program to Promote Supply Chain Management Training
Illinois officials and the Association for Supply Chain Management have partnered to launch a job-training program.
February 12, 2021Ryder Reports Q4 Improved Earnings
Ryder System Inc. on Feb. 11 reported fourth-quarter net income of $25.6 million, or 48 cents per share, compared with a loss of $53.5 million, or loss of $1.02, in the same period a year ago.
February 11, 2021Biden Team Pledges Aggressive Steps to Address Chip Shortage
The Biden administration is working to address the global semiconductor shortage that has caused auto manufacturers and other U.S. industries to halt production, a White House official said.
February 11, 2021XPO Reports Highest Quarterly Revenue Ever at $4.67 Billion
XPO Logistics Inc. posted better-than-expected earnings and its highest-ever quarterly revenue for the fourth quarter of 2020.
February 11, 2021Does Your Business Belong on Our List of Top 50 Logistics Companies?
There's only a short time left to submit for our 2021 Top 50 Logistics publication.
February 10, 2021Werner Reports Net Income Increased 25% to $60.6M for Q4
Werner Enterprises Inc. saw fourth-quarter earnings increase from the year-ago period while revenue declined slightly, the company reported Feb. 4.
February 4, 2021A.P. Moller-Maersk Reports Rebound in Business
The world’s biggest shipping company, Denmark’s A.P. Moller-Maersk, on Feb. 10 reported a sharp rise in earnings for the fourth quarter, when global demand for goods rebounded from an earlier slump caused by the coronavirus pandemic.
February 10, 2021