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

How to Become a Freight Broker

Freight brokers use their expertise and relationships to help shippers find available carriers, saving shippers time and money and helping carriers more easily connect to shippers.

April 8, 2024

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.

Government, Business, Safety, Logistics

FRA: Union Pacific Undermined Regulators’ Safety Efforts

OMAHA, Neb. — Union Pacific managers undermined the U.S. government’s efforts to assess safety at the railroad in the wake of several high-profile derailment, federal regulators say.

Josh Funk | Associated Press
May 1, 2024
Government, Business, Safety, Logistics

Buttigieg Calls on Congress to Pass Rail Bill

More than a year after a train derailment in Ohio captured mainstream attention, the nation’s top transportation officer again called on Congress to advance a freight safety bill.

Eugene Mulero | Senior Reporter
May 1, 2024
Business, Logistics

Werner Posts Revenue, Earnings Decline for Q1

Werner Enterprises experienced a decline in revenue and earnings during the first quarter of 2024, the company reported April 30.

Connor D. Wolf | Staff Reporter
May 1, 2024
Business, Technology, Logistics, Private, Global Freight

Amazon Sees Strong Q1 Results Driven by Cloud-Computing Unit

NEW YORK — Amazon reported strong results for the first quarter, driven by growth in its cloud-computing unit and a new surge of advertising dollars from its Prime Video streaming service.

Haleluya Hadero | Associated Press
April 30, 2024
Government, Business, Safety, Logistics

Containership Hit Far in Arabian Sea; Houthis Claim Attack

JERUSALEM — A containership came under attack by a drone in the far reaches of the Arabian Sea, corresponding with a claim by Yemen’s Houthi rebels that they assaulted the ship there.

Jon Gambrell | Associated Press
April 30, 2024
Business, Logistics

Proxy Firm: Norfolk Shareholders Should Split Ticket in Vote

Norfolk Southern's CEO won support from adviser Institutional Shareholder Services before a shareholder vote on an activist-driven push to replace the railroad’s leadership team.

Crystal Tse | Bloomberg News
April 30, 2024
Business, Logistics

US Ports Report Continued Volume Gains in First Quarter

U.S. ports closed out the first quarter in March with continued year-over-year increases in container volumes.

Connor D. Wolf | Staff Reporter
April 30, 2024
Business, Logistics

Saia Q1 Profit Increases 19.2% as Revenue Rises 14.3%

Saia Inc. posted a 19.2% increase in profits in the first quarter of 2024 but undershot analyst and market expectations, even as key metrics improved.

Keiron Greenhalgh | Staff Reporter
April 30, 2024
Business, Logistics

GXO Completes Acquisition of UK-Based Wincanton

GXO Logistics has completed its acquisition of the U.K.-based transport and logistics services company Wincanton, the company announced April 29.

April 30, 2024