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.
New Deal Sends Autonomous Caterpillar Trucks to Australia
Another fleet of mining trucks will join the growing ranks of machines operating autonomously using Caterpillar Inc. systems in Australia next year, reflecting the company’s push to cement industry partnerships with proprietary technology.
Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
Analysis: FedEx’s Good News Could Get Big League
FedEx Corp.’s delivery truck is heading in the right direction, but the turbo-charge from Uncle Sam won’t hurt. The $65 billion company reported earnings after the close of trading on Dec. 20, besting analysts’ quarterly estimates and raising its full-year outlook.
Toll-Road Veteran Is N.J. Governor-Elect’s Pick for State Transportation Chief
New Jersey Governor-elect Phil Murphy chose a toll-road veteran to oversee transportation, charging her with fixing a commuter bus and rail system he called “a national disgrace.”
FedEx Profits Grow 11% in Fiscal 2Q, Beating Wall Street Forecasts
FedEx Corp. reported earnings of $2.84 per diluted share for its second fiscal quarter of 2018 ending Nov. 30, compared with the Bloomberg analyst forecast of $2.76 per diluted share. In last year’s fiscal second quarter FedEx reported earnings of $2.59 per diluted share.
Drone Tracking Plan Moves US Delivery by Air Closer to Reality
>Deliveries by drones took a step closer to being allowed in the U.S. after a federal advisory panel agreed on a framework for allowing law enforcement to routinely track the small devices.
Truck Tonnage Surges 7.6% in November
Truck tonnage surged 7.6% year-over-year in November after a 10.5% increase in October, according to American Trucking Associations.
CSX Stock Stabilizes Days After Death of CEO
CSX’s stock rose slightly Dec. 18 despite the death of the man who had been hired to bring the railroad new profitability.
UPS, FedEx Say Holiday Shipping Not Delayed by Atlanta Airport Outage
The fire that knocked out power and shut down the world’s busiest airport shouldn’t delay holiday package deliveries, two of the nation’s biggest shippers said Dec. 18.
Record Travel Projected for Christmas, New Year’s Holidays
As the Christmas song goes, “Gee, the traffic’s sure terrific.” In fact, travel experts say they believe the final holiday travel period of the year — Dec. 23 through midnight New Year’s night — will set a new record.
December 18, 2017CSX Caught Mid-Revolution by Death of Rail-Legend Harrison
With CEO Hunter Harrison’s death on Dec. 16, CSX Corp. lost the guiding hand of a railroading legend who added almost $17 billion in value in less than a year.