Logistics
Business, Logistics

YRC Profits Plunge 78% in Third Quarter

YRC Freight TT File Photo

YRC Worldwide CEO James Welch was hopeful three months ago that the third quarter would be in line with the second quarter, but that was before two hurricanes wreaked havoc in Texas and Florida.

Ari Ashe | Staff Reporter
November 2, 2017
Business, Logistics, TCA

FedEx Holiday Season Surge Could Hit 400 Million Packages

Mark Lennihan/AP

FedEx expects to deliver 380-400 million packages this holiday season with three busy Mondays driving a record-breaking pace.

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
November 2, 2017
Government, Business, Logistics

Package Wars: Postal Service Offers Next-Day Sunday Delivery

Travis Wise/Flickr

As consumers demand ever-quicker and convenient package delivery, the U.S. Postal Service wants to boost its business this holiday season by offering what few e-commerce retailers can provide: cheap next-day service with packages delivered Sundays to your home.

Hope Yen | AP
November 2, 2017
Business, Logistics

Trucking Futures Exchange to Launch in Late 2018

DAT Solutions DAT Solutions via YouTube

DAT Solutions and TransRisk have signed a deal to launch a trucking freight futures market through Nodal Exchange in late 2018, a project first announced earlier this year.

Ari Ashe | Staff Reporter
November 2, 2017
Business, Logistics

E-Commerce Powers XPO’s Rise to Record Revenue, Profits in Third Quarter

Bradl Jacobs Jacobs by Christopher Goodney/Bloomberg News

XPO Logistics reported profits skyrocketed 316% year-over-year in the third quarter, marking the eighth consecutive quarter in which the company surpassed year-ago levels.

Ari Ashe | Staff Reporter
November 1, 2017
Business, Logistics

C.H. Robinson, Hub Group Revenues Rise, Profits Fall

C.H. Robinson headquarters TT File Photo

Rising contract prices for trucks impacted third-quarter results for logistics firms C.H. Robinson and Hub Group that saw weaker profits despite greater revenues.

Daniel P. Bearth and Burney Simpson | Staff Reporters
October 31, 2017
Government, Safety, Logistics, TCA

House Homeland Security Committee Calls for Increased Security Funding at LA, Long Beach Ports

Cargo trucks wait in line at the Port of Long Beach, in Long Beach, Calif.; Jae C. Hong/AP

While praising efforts to protect the Los Angeles and Long Beach ports from terrorist and cyber-attacks, members of Congress aired concerns Oct. 31 about threats to public safety and the economy if federal funding for maritime security programs isn’t raised to meet new threats.

Kevin Modesti | Daily News, Los Angeles
October 31, 2017
Business, Equipment, Logistics

Port Houston Credits Teamwork With Other Ports for Strong Rebound From Harvey

Port Houston Port Houston via YouTube

The Port of Houston, closed for a week after Hurricane Harvey, rebounded sharply in September with a 22% year-over-year increase in container traffic that would have been impossible without the sacrifice of others, the top official at the port acknowledged.

Ari Ashe | Staff Reporter
October 31, 2017
Business, Logistics, TCA

Teamsters Hold Public Picket Against CSX Future Health Benefits

Brotherhood of Maintenance of Way Employes

A division of the Teamsters union held what it called an informational picket Oct. 30 against Jacksonville-based CSX Corp., saying the company is planning to “drastically reduce our health insurance benefits.”

Drew Dixon | The Florida Times-Union (Jacksonville, Fla.)
October 31, 2017
Business, Logistics

Dave Manning Brings Work Ethic, Diplomacy to Role as ATA Chairman

ATA Chairman Dave Manning John Sommers II for Transport Topics

NASHVILLE, Tenn. — People who know him say Dave Manning works hard, is extremely disciplined and comfortable with detail, eager to teach and a man who knows his mind yet appreciates the value of a mutually beneficial deal. Now he has the biggest platform of his life to put those qualities to use as the newly installed chairman of American Trucking Associations.

Jonathan S. Reiskin | Special to Transport Topics
October 27, 2017

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