Logistics
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
Trucking Sees Rise in Acquisitions
The trucking industry has experienced a robust acquisitions market over the past year that shows no signs of stopping.
UPS to Expand Service, Capacity, Add Operation Hours
UPS Inc. rolled out a series of offerings Jan. 29 aimed at improving service to small and midsize businesses, including an extension of weekend operations.
Trucking Watches China Trade Deal Progress
The U.S.-China trade war has put a lot of stress on trucking, but the signing Jan. 15 of the first phase of a more comprehensive agreement between the two countries has spurred cautious optimism for the industry.
Schneider Q4 Earnings Miss Wall Street Expectations
Schneider National Inc. reported Jan. 29 that fourth-quarter 2019 and yearly financial numbers declined when compared with 2018’s record year.
Roadrunner Sells Distribution Service to C.H. Robinson for $225 Million
Roadrunner Transportation Systems Inc. will sell its Prime Distribution Services business to C.H. Robinson Worldwide Inc. for $225 million in cash, according to a Jan. 28 news release.
C.H. Robinson Launches Incubator Robinson Labs
C.H. Robinson introduced C.H. Robinson Labs, an innovation incubator in which ideas in logistics and supply chain are created, tested and scaled to build solutions for customers and carriers, the company said in a Jan. 23 news release.
Moving Manatees, Elephants and Pandas Requires Careful Planning, Preparation
DHL Express, FedEx and other companies specialize in arranging transportation for large animals, including manatees, pandas and elephants.
Celadon Reaches Deal to Sell Taylor Express for $14.5 Million
An agreement has been reached to sell the last remaining operating trucking company, Taylor Express, that is part of the now-bankrupt Celadon Group of Indianapolis.
A. Duie Pyle Launches TSA-Cleared Airfreight Service
Diversified motor carrier A. Duie Pyle Inc. announced a Transportation Security Administration-compliant export service designed to move international airfreight directly from point of origin to the export location.
January 24, 2020Marten Transport Q4 Net Income Stable as Company Reports Record Year
Marten Transport Ltd. reported net income for the fourth quarter ended Dec. 31 was the same as it was for the comparable quarter in 2018: $15.7 million.