Logistics
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.
FedEx Reaches Airfreight Deal With San Bernardino Airport
FedEx Express will begin operating daily cargo flights out of San Bernardino International Airport in October, under terms of a new 10-year agreement.
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.
Norfolk Southern Reports Record 2Q Earnings
Norfolk Southern Corp. on July 25 reported record second-quarter earnings.
Traffic Jams Can’t Be Prevented, Says Washington State Transportation Chief
Highways won’t cure Washington state’s traffic woes and preventing congestion is impossible, said Roger Millar, head of the Washington state Department of Transportation.
UPS Reports Steady 2Q Income, Revenue
UPS Inc. reported solid second-quarter growth in revenue and profits despite charges taken for its voluntary retirement plan and efforts to upgrade the firm.
CIT Group Plans to Expand Capital Equipment Finance Team
In an effort to expand its leasing and financing solutions to all stages of the supply chain, CIT Group Inc. said July 19 it is creating a Logistics Finance unit within its existing Capital Finance Business division.
July 24, 2018CN Rail Taps Interim Boss as CEO After Network Logjams Ease
Canadian National Railway Co. named Jean-Jacques Ruest as president and chief executive officer, four months after he took over as interim leader.
Mexico Is Said to Push for NAFTA Agreement by End of August
Mexico is redoubling its efforts to reach a NAFTA agreement with the U.S. and Canada by the end of August to increase certainty for investors and take the heat off incoming President Andres Manuel Lopez Obrador, according to three people familiar with the negotiations.
Rare Hedge Fund Bet Targets the World’s Biggest Shipping Firm
A.P. Moller-Maersk A/S is in an unusual place this year as the world’s biggest shipping company finds itself the target of an attack by hedge funds.
July 23, 2018Capitol Agenda for the Week of July 23: Come for the Plan, Stay for the Hope
Transportation Secretary Elaine Chao says hope is not lost for an intrastructure plan. Here's a look at the week ahead for trucking on Capitol Hill.
Missouri Sen. Claire McCaskill Pushes Back on Privatizing Postal Service
Restructuring the federal government to make it more efficient and accountable is an idea Missouri Sen. Claire McCaskill says she can get behind.