Logistics News
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.
Amazon Posts Strong Q4 Earnings, but Stock Dips on Q1 Outlook
Amazon on Feb. 6 reported better-than-expected revenue and profit for the holiday shopping period, but its share price dipped in after-hours trading due to disappointing guidance for Q1.
Transportation M&A Gains Momentum in Late 2024
The transportation sector saw merger and acquisition activity gain momentum as market conditions stabilized in the second half of 2024, according to experts.
Purolator Buys Livingston to Boost International Operations
Purolator, which specializes in package delivery and is majority owned by Canada Post, sees the deal as an international growth play, particularly as the threat of trade wars grows.
FAA Slows Reagan Airport’s Flight Arrival Rate
U.S. aviation safety regulators are slowing the rate of arrivals at Ronald Reagan airport to help ease the strain on air traffic controllers after last week's deadly midair collision.
Panama Leader Denies Trump Claim of Free Canal Passage
Panama President Jose Raul Mulino denied that his government had granted free passage for U.S. government ships through the Panama Canal.
Senate Panel Advances Supply Chain Resiliency Bill
The Promoting Resilient Supply Chains Act, reintroduced by Sens. Maria Cantwell (D-Wash.) and Marsha Blackburn (R-Tenn.), gained bipartisan approval from the Commerce Committee.
XPO Earnings Jump 31% Despite Revenue Dip in Q4 2024
The Greenwich, Conn.-based less-than-truckload carrier posted net income of $76 million, compared with $58 million during the same time the previous year.
LTL Players Eye Freight Market Turnaround, Industrial Upturn
Substantial change is expected in the U.S. less-than-truckload sector in 2025, according to market observers and executives, headed by the long-awaited freight market turnaround.
Logistics Agents Put 30% Levy on Shein, Temu Retailers
Chinese retailers that sell on Shein and Temu have been asked by logistics agents to start paying an additional 30% levy after President Donald Trump hiked tariffs on goods imported to the U.S.
February 6, 2025Truckers Get Real-Time Parking Info on Arizona’s I-10
Arizona announced the dynamic truck parking messaging availability Jan. 27 at four rest areas: Ehrenberg, Bouse Wash, Texas Canyon and San Simon.