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.
Universal Logistics Holdings experienced an overall decrease in revenue, with each segment facing year-over-year declines for the third quarter of 2023, the company reported Oct 26.
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.
Norfolk Southern has installed automated inspection portals on its tracks in Ohio — not far from where one of its trains went off the tracks in February and spilled chemicals that caught fire.
MINNEAPOLIS — A strike has shut down all shipping on the St. Lawrence Seaway, interrupting exports of grain and other goods from Canada and the U.S. via the Great Lakes to the rest of the world.
AURORA, Colo. — Ports and shippers are exploring ambitious port digitization and tracking system projects that allow stakeholders across the supply chain to track cargo in real time.
Railway operator Canadian Pacific Kansas City Ltd. said a weakening economy and spate of labor disruptions weighed on freight volumes in the third quarter more than management anticipated.
Snarled traffic added $94.6 billion in costs to the trucking industry in 2021, up from $74.5 billion in 2016, according to a study by the American Transportation Research Institute.
Convoy, the Seattle-based freight startup that shut down last week, is being sold, according to a former Convoy employee familiar with the deal.
Canadian National Railway Co. spelled out a challenging picture for the economy as earnings fell short of expectations in the third quarter, partly due to falling demand for consumer goods.