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.
Teradyne Expands in Warehouse Robotics
Danish autonomous robot manufacturer Mobile Industrial Robots was acquired by Teradyne Inc. for $148 million in cash, with an additional $124 million paid if several performance milestones are met through 2020.
April 30, 2018Daily 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.
Mumbai Cargo Company Allcargo Logistics Wants to Build an Uber for Shipping
Allcargo Logistics Ltd. is emulating Uber Technologies Inc. to boost its business of sharing marine containers.
Great Dane Becomes First Trailer Maker to Join Blockchain Group
Great Dane announced that it became the first trailer maker to join the Blockchain in Transport Alliance, which is dedicated to the development of blockchain standards for the freight industry
April 30, 2018Kansas City-Area Warehouse District Gets OK for Expansion
A fast-growing industrial park in southern Johnson County, Kan., will get even bigger, jumping from north of Interstate 35 to south of the freeway.
Canada’s Rail Crunch Adds to Soaring Cost of Lumber
Just when it seemed lumber prices couldn’t surge any higher, problems for Canada’s railways mean the rally could continue.
Saia Posts Robust Profit, Revenue in 1Q
Saia Inc. reported April 27 first-quarter net income of $21.1 million, or 80 cents per share, an increase of 85% from the $11.4 million in net income and 44 cents per share reported in the first quarter of 2017.
April 27, 2018NAFTA Nations to Meet Again; Mexico Says Deal Possible in Days
The United States and its NAFTA partners are stepping up efforts to reach a tentative deal in the coming days — with one Mexican minister saying a pact is “reasonably close” while the United States prepares for talks with China.
April 27, 2018USA Truck Grabs Profit on Revenue Rise
USA Truck reported first-quarter 2018 net income of $1 million, or 13 cents per share, compared with a net loss of $4.9 million, or minus 61 cents a share, in the first quarter of 2017.
Union Pacific Records Solid 1Q Results
Union Pacific Railroad reported first-quarter net income of $1.3 billion, or $1.68 per share, compared with $1.1 billion, or $1.16, in the first quarter of 2017.
Universal Logistics Buoyed by Record Revenue, Strong Profits
Universal Logistics Holdings reported first-quarter net income of $10.4 million, or 37 cents per share, a rise of 147% from $4.3 million reported for the first quarter a year ago.