Logistics

About Logistics News...
Business, Technology, Fuel, Logistics, Global Freight

HMM to Continue Deploying More Ships as Port Congestion Persists

HMM HMM's containership 'HMM Algeciras'. (Krisztian Bocsi/Bloomberg News)

HMM Co., the biggest container-shipping line in South Korea, will continue deploying more vessels than usual to try to meet demand from the country’s exporters struggling to transport goods overseas.

Kyunghee Park | Bloomberg News
May 10, 2022
Business, Logistics

XPO Reports Record $3.47 Billion in Revenue for Q1

XPO fleet XPO Logistics

XPO Logistics Inc. reported its highest revenue of any quarter in its history May 9 for the first quarter of 2022.

Connor D. Wolf | Staff Reporter
May 9, 2022
Business, Logistics

Critical Talks to Begin for West Coast Port and Warehouse Workers

The Port of Los Angeles The Port of Long Beach, one of 29 ports on the West Coast who work under the Pacific Maritime Association’s master contract with the International Longshore and Warehouse Union. (Allison Zaucha/Bloomberg News)

Labor Secretary Marty Walsh, seaport officials on the West Coast, International Longshore and Warehouse Union negotiators and leaders with the Pacific Maritime Association are talking optimistically that a long-term contract with workers can be negotiated this summer.

Dan Ronan | Associate News Editor
May 9, 2022
Business, Logistics, For-Hire

U.S. Xpress Reports Earnings Loss Despite Revenue Gains

U.S. XPress truck John Sommers II for Transport Topics

U.S. Xpress Enterprises reported revenue growth but a decline in earnings for the first quarter of 2022.

Connor D. Wolf | Staff Reporter
May 9, 2022
Business, Technology, Logistics, Autonomous

Volvo Autonomous Solutions, DHL to Partner on Hub-to-Hub Transport

Volvo DHL truck Volvo

Volvo Autonomous Solutions announced it will offer a new hub-to-hub autonomous transport solution in North America, designed to serve shippers, carriers, logistics service providers and freight brokers.

May 9, 2022
Business, Logistics

Universal Reports Higher Results in Historic Q1 for Company

Universal Logistics trucks on a lot Univeral Logistics Holdings set all-time company records for highest operating revenues, largest operating income and best earnings per share. (Universal Logistics via Facebook)

Universal Logistics Holdings experienced higher earnings and revenue during a historic first quarter, the company reported May 5.

Connor D. Wolf | Staff Reporter
May 6, 2022
Technology, Logistics

How AI Is Streamlining Freight Movement

While the concepts of artificial intelligence and machine learning are not new, rapid advances in this field are driving the future of software development in the freight transportation industry.

Seth Clevenger | Managing Editor, Features
May 6, 2022
Government, Business, Logistics, For-Hire

China’s Port Lockdowns Threaten Domestic Trucking

Port of Shanghai Containers stacked at the Port of Shanghai. Container volumes have fallen since China imposed lockdowns in March. (DW News via YouTube).

China locking down key port cities because of a new outbreak of the coronavirus could have serious ramifications for trucking in the United States.

Connor D. Wolf | Staff Reporter
May 5, 2022
Business, Technology, Logistics, Autonomous

Aurora Innovation Focuses on Real-Time Data

Aurora Beacon Aurora

Autonomous driving technology company Aurora Innovation Inc. announced it is developing a system, Aurora Beacon, intended to allow customers to optimize autonomous vehicles for “24/7/365 operation.”

May 5, 2022
Business, Logistics

GXO Reports Higher Earnings, Revenue for Q1

GXO Logistics warehouse worker A worker processes orders at a GXO warehouse. The company reported first-quarter earnings of $38 million compared with $17 million during the 2021 period. (GXO via YouTube)

GXO Logistics Inc. recorded higher net income and revenue in the first quarter, the company reported May 4.

Connor D. Wolf | Staff Reporter
May 5, 2022

Pages