Logistics

About 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.
 

Business, Logistics, Top 100

Forward Air Sets Revenue Record in 2Q

Forward Air Corp.’s net income dropped 8.2% from the same quarter last year, the Greeneville, Tenn.-based company reported July 26. But at the same time, the company set a second-quarter record for revenue.

Jim Stinson | Staff Reporter
July 26, 2019

Daily Briefings from Transport Topics

Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.

Business, Logistics, Top 100

TFI International Reports Record Operating Income for 2Q

TFI International reported record results for its second quarter ending June 30, the company said in a July 25 press release.

Jim Stinson | Staff Reporter
July 26, 2019
Business, Logistics

Amazon’s Spending on One-Day Delivery Dents Profit, Trims Forecast

Amazon.com’s results were marred by a surge in costs tied to its one-day delivery push, worrying investors who had grown accustomed to almost two straight years of fattening profits.

July 26, 2019
Government, Business, Technology, Logistics, Top 100

China Rejects FedEx’s Defense for Rerouted Huawei Packages

China rebuffed FedEx Corp.’s claims that it mistakenly rerouted some Huawei Technologies Co. packages to the U.S. and warned that authorities found other violations by the American delivery firm, raising concern the company could face repercussions from Beijing.

July 26, 2019
Business, Logistics, Top 100

Mullen Group’s Revenue Jumps 7.9% as Oil Service Remains in Demand

Canadian carrier Mullen Group Ltd. increased revenue by C$23.3 million, or 7.9%, to $319 million in the second quarter ended June 30, according to a company news release.

Jim Stinson | Staff Reporter
July 25, 2019
Business, Logistics, Top 100

ODFL Sets Company Records as Earnings, Revenue Rise

Less-than-truckload carrier Old Dominion Freight Line reported higher net income and revenue in the second quarter as it achieved, amid lower shipments and tonnage, company records for revenue, operating ratio and earnings per diluted share.

Roger Gilroy | Senior Reporter
July 25, 2019
Business, Logistics

Amazon Eyes Large Warehouse Spot at Brooklyn’s Industry City

Amazon.com Inc. is in talks to rent space at Brooklyn’s Industry City for a new logistics facility, according to a person with knowledge of the matter.

Lily Katz | Bloomberg News
July 24, 2019
Business, Logistics

Echo Global Reports Lower Revenue, Net Income in 2Q

Echo Global Logistics reported decreased revenue and net income as the softer freight market and weaker spot prices took a toll on earnings.

Jim Stinson | Staff Reporter
July 24, 2019
Government, Business, Safety, Logistics

Senate Confirms Former Delta Executive Stephen Dickson as FAA Administrator

A former Air Force pilot and Delta Air Lines executive was confirmed July 24 by the Senate to lead the Federal Aviation Administration after overcoming opposition from Democrats who claim that he mistreated a whistleblower during his tenure at Delta.

David Koenig | Associated Press
July 24, 2019
Business, Logistics, Top 100

UPS Announces Strong 2Q Earnings

United Parcel Service Inc. reported second-quarter earnings benefiting from rising demand for its Next Day Air and Ground delivery services.

Dan Ronan | Senior Reporter
July 24, 2019