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J.B. Hunt Reports Strong Q4, Full-Year Earnings

J.B. Hunt Transport Services reported higher earnings and revenue for the fourth quarter of 2020, but said income dipped even as revenue rose for the full year.

January 25, 2021

Kansas City Southern Reports Mixed Q4 Earnings

Kansas City Southern reported a higher fourth quarter and higher annual net income, but lower revenue for the period.

January 25, 2021

Shipping Container Crunch Shows Signs of Easing, Index Shows

A global shortage of shipping containers that has sent ocean freight rates skyrocketing shows signs of easing, according to an index that tracks the steel boxes used to transport 90% of the global trade in goods.

January 25, 2021

TFI Buys UPS Freight for $800 Million

TFI International Inc. is acquiring UPS Freight in an $800 million deal announced Jan. 25.

January 25, 2021

Maersk Loses 750 Containers as Seas Hammer L.A.-Bound Ship

One of AP Moller-Maersk’s containerships carrying goods from China to the U.S. lost part of its cargo in the Pacific Ocean during bad weather.

January 22, 2021

U.S. Xpress CEO Details Economic Forecast for 2021

U.S. Xpress Enterprises CEO Eric Fuller on Jan. 20 detailed the findings of an economic report his company did on the trucking industry.

January 21, 2021

Nation’s Ports Finish 2020 Strong Amid Surge of Imports

The nation’s ports in December posted record or near-record cargo numbers as a surge of imports continued to enter facilities on the Pacific and Atlantic coasts.

January 21, 2021

C.H. Robinson Launches Consumer Brand for Fresh Produce

C.H. Robinson’s fresh produce business division will roll out its own brand of fruits and vegetables nationwide, the logistics company announced Jan. 19.

January 20, 2021

Amazon Offers to Help Biden Administration With Vaccinations

Amazon .com Inc. is offering to help the Biden administration accelerate the distribution of COVID-19 vaccines, including to its own employees.

January 20, 2021

Cardinal Expands Delivery Capability With NRX Acquisition

Cardinal Logistics Management Corp. announced Jan. 20 that it had acquired last-mile delivery provider NRX Logistics.

January 20, 2021