UPS Inc. reported robust fourth-quarter earnings, even after adjustments tied to pension contributions and the Tax Cuts and Jobs Act, led by double-digit growth in the freight and third-party logistics businesses and a strong holiday season.
February 1, 2018Search
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Americold Stock Sale Gives a Lift to Warehousing Sector
While proceeds from Americold Logisticsā recent initial public offering are going mostly to pay off debt, executives say the move also will help kickstart growth for the Altanta-based warehouse operator by boosting its ability to pursue acquisitions and fund new e-commerce distribution, transportation and logistics services.
January 31, 2018West Virginia Transportation Secretary: Benefits of $2.8 Billion Road Plan Already Happening
West Virginia Transportation Secretary Tom Smith told state legislators Jan. 29 that West Virginia drivers are already beginning to notice road improvements as part of Gov. Jim Justiceās four-year, $2.8 billion āRoads to Prosperityā program.
January 31, 2018ATA Chairman Dave Manning: Decongested Roads Important as Economy Improves
The potential economic benefits of a long-term infrastructure funding proposal, and the impact a new tax law is having on certain businesses, reinforces a need for better freight connectivity nationwide, ATA Chairman Dave Manning said Jan 31.
January 31, 2018ArcBest Ends 2017 With Strong Fourth Quarter
ArcBest Corp. ended the year with a strong fourth quarter because of better less-than-truckload pricing and lower expenses than one year ago.
January 31, 2018FedEx Freight Enlists Industry Effort to Train Drivers to Combat Human Trafficking
FedEx Freight is joining forces with Truckers Against Trafficking to train drivers to help fight human trafficking.
January 30, 2018Sequoia Capital Leads Group Pumping in Cash to Startup Next Trucking
Next Trucking has received $21 million in a round of financing led by Sequoia Capital, the freight marketplace startup announced Jan. 30.
January 30, 2018The Robot Delivery Vans Are Here
The future of driverless driving looks like a giant toaster with a funny hat.
January 30, 2018Opinion: For Logistics, Itās Data or Else
Amazonās ongoing effort to build a fleet of air, road and sea vehicles should set off warning alarms for traditional logistics companies; the company has a 40-strong fleet of aircraft, has registered for a license for sea freight and holds a patent for a futuristic, high-speed subterranean urban delivery system.
January 30, 2018Europe to Trump: If You Want a Trade War, Youāll Get One
The European Union gave President Donald Trump a fresh warning about any U.S. curbs on imports from Europe by pledging rapid retaliation, highlighting the persistent risk of a trans-Atlantic trade war.
January 29, 2018