Logistics News

Saia's operating revenue increased 2.4% to $806.2 million from $787.6 million. The operating ratio ticked up, increasing 60 basis points to 91.7 from 91.1.

The Department of Transportation has awarded $774 million in port infrastructure grants, with Alaska, Texas and Florida gaining the highest amounts.

The price of a barrel of Brent crude, the international standard, climbed 5.7% to $114.28.

XPO’s North American LTL adjusted OR improved 200 basis points year over year to 83.9. Total revenue increased 7.3% to $2.1 billion from $1.95 billion.

But U.S. domestic inventories are quickly depleting, and America’s oil producers are struggling to keep up. 

The service gives businesses access to logistics capabilities Amazon developed to support its own retail operations and independent sellers.

MSC plans a new service linking Europe with isolated Middle East ports, using trucking across Saudi Arabia and smaller vessels in the Persian Gulf.

The commitment from the seven countries to raise production by 188,000 barrels a day comes after a virtual meeting they held April 3.

Driving through work zones can be tricky — especially for professional truck drivers pulling 53-foot trailers, writes Asynt Solutions' Archie Scott III.

The collapse of Spirit Airlines is cascading through airports across the U.S., leaving passengers stranded midjourney.