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

GlobalTranz Buys California Brokerage, Logistics Company Our Freight Guy

GlobalTranz Enterprises Inc., a third-party logistics service provider, has acquired California-based freight brokerage and logistics company Our Freight Guy.

January 29, 2019
Government, Business, Logistics

Tariffs, Trade Policies Concern Shippers in North American Markets

Federico Zuniga and Candace Sider Federico Zuniga and Candace Sider. (Jim Stinson/Transport Topics)

ATLANTA — Disruption is increasingly happening for freight movers as they seek to cross the United States’ borders with Mexico and Canada, and it’s not the positive technological change often associated with that word. Instead, it’s delayed freight or higher costs.

Jim Stinson | Staff Reporter
January 29, 2019
Business, Logistics

As China Reduces Pollution, Value of Vessels Transporting LNG Increases

LNG Vessel SeongJoon Cho/Bloomberg News

The world’s biggest shipbuilder sees China’s cleanup of its smoggy skies lifting prices of the vessels this year.

Kyunghee Park | Bloomberg News
January 29, 2019
Business, Technology, Logistics, Top 100

FedEx Introduces Way for Retailers to Outrace Amazon in Delivery

FedEx Truck Christopher Dilts/Bloomberg News

FedEx Corp., looking beyond Amazon.com Inc. for growth in e-commerce, is introducing a new late-night shipping option for retailers who want to speedily send orders directly to online customers.

Thomas Black | Bloomberg News
January 29, 2019
Business, Logistics, Top 100

Knight-Swift Transportation Holdings Reports Profit Gains in 4Q

Knight and Swift trucks John Sommers II for Transport Topics

Knight-Swift Transportation Holdings reported higher profits and revenue in the fourth quarter of 2018 with improvement noted across all of its business units.

Daniel P. Bearth | Staff Writer
January 29, 2019
Business, Logistics, Top 50, Top 100

Ceva Logistics Board Rejects Stock Buyout Bid by CMA CGM

Ceva TT File Photo

Ceva Logistics’ board of directors has recommended that shareholders reject a tender offer from CMA CGM to buy all of the publicly held shares of stock in the Swiss company, saying the price of 30 Swiss francs per share is too low.

Daniel P. Bearth | Staff Writer
January 29, 2019
Government, Business, Logistics, TCA

Forever Stamp Price Increase to 55 Cents Takes Effect

Mail Andrew Harrer/Bloomberg News

The cost of a Forever stamp jumped 10% this weekend — from 50 cents to 55 cents — as the U.S. Postal Service continues to struggle financially.

Catie O'Toole | Syracuse Media Group
January 28, 2019
Business, Logistics

Union Pacific Reports Strong 4Q Results, but Hints of Job Cuts

Union Pacific TT File Photo

Union Pacific Corp. reported record 2018 fourth-quarter income of $1.55 billion, or $2.13 a share, on Jan. 24.

Dan Ronan | Associate News Editor
January 25, 2019
Business, Technology, Logistics

Google’s Bid to Battle Amazon Suffers Blow As Walmart Withdraws

Walmart Patrick T. Fallon/Bloomberg News

Walmart Inc. has quietly withdrawn from one of Google’s marquee efforts to challenge Amazon.com in e-commerce.

Matthew Boyle and Mark Bergen | Bloomberg News
January 25, 2019
Government, Business, Fuel, Logistics

US Crude Production to Beat EIA’s Outlook by 23 Years

Crude Oil Angus Mordant/Bloomberg News

A year ago, the U.S. government envisioned American crude production averaging 11.95 million barrels a day in 2042. Shale drillers are set to exceed that this year.

David Marino and Stephen Cunningham | Bloomberg News
January 25, 2019

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