Logistics

Schneider National experienced a year-over-year decline in profits as well as revenue during the fourth quarter of 2023, the company reported Feb. 1.

Landstar System Inc. posted declines in net income and revenue during the fourth quarter of 2023, the company reported Jan. 31.

Less-than truckload carrier Roadrunner on Jan. 31 announced a significant expansion of its network with plans to add new lanes.

The trucking industry has become embroiled in a technological arms race as the threat of cargo thefts rapidly rises and evolves.

Ryder System Inc. is acquiring Cardinal Logistics in a deal that will add 2,900 power units, 3,400 drivers and 200 operating locations to its existing network.

TOKYO — Data from a Japanese auto industry association shows that China overtook Japan as the world’s largest vehicle exporter last year.

Michigan Gov. Gretchen Whitmer recently touted a $2 million grant to Fifth Wheel Freight as an example of economic development funds strengthening the state’s supply chain network.

House transportation policymakers renewed calls for the Biden administration to enhance its response to growing supply chain concerns.

Forward Air on Jan. 25 announced the completion of its long-pending acquisition of Omni Logistics, with both companies’ leaders touting the benefits of the merger.

HAMBURG, Germany — The sharp drop in freight prices following the pandemic has caused a slump in sales and profits at German container shipping company Hapag-Lloyd.