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, Top 100

Forward Air Reports Profit Dip, Robust Revenue

Forward Air Corp. reported strong third-quarter earnings, including skyrocketing revenue, when the Greeneville, Tenn., company announced financial results Oct. 24.

Dan Ronan | Senior Reporter
October 30, 2019
Government, Business, Logistics, TCA

Duluth Port Breaks Record for Wind Turbine Parts

The sheer volume of wind turbine blades, towers and other parts moving through Duluth, Minn., in 2019 surpassed record tonnage totals this week by reaching 306,000 freight tons.

Brady Slater | Duluth (Minn.) News Tribune
October 30, 2019
Business, Logistics, Top 100

Saia Reports 37th Consecutive Quarter of Growth

Saia Inc. reported mixed third-quarter financial results Oct. 30, missing Wall Street’s expectations for earnings but surpassing analysts’ forecasts for revenue.

Dan Ronan | Senior Reporter
October 30, 2019
Business, Logistics, Top 100, TCA

Swift Logistics to Close Pennsylvania Warehouse

Swift Logistics will close its warehouse in Springettsbury Township, Pa., on Dec. 31, and 56 employees will be laid off.

Daniel Urie | Pennlive.com
October 30, 2019
Government, Business, Logistics

USDA Final Interim Rule Affirms Interstate Transport of Hemp

The U.S. Department of Agriculture on Oct. 30 announced its final interim rule supporting a 2018 hemp legalization law that will allow the interstate transportation of hemp without interference from the states.

Eric Miller | Senior Reporter
October 30, 2019
Business, Equipment, Fuel, Logistics, Top 100

Canadian Carrier Mullen Sees Q3 Earnings Decline as Oil Shipments Fall

Canadian carrier Mullen Group Ltd. posted a 6.4% decline in net income in the third quarter, to C$20.5 million or 20 cents per share, according to a company news release Oct. 24.

Dan Ronan | Senior Reporter
October 30, 2019
Business, Technology, Logistics

Convoy Tries to Navigate Some Uber-Scale Problems

Convoy risks drawing comparisons to Uber in less flattering ways: drivers grousing about getting squeezed and a business model that has yet to turn a profit.

Dina Bass | Bloomberg News
October 29, 2019
Business, Technology, Logistics

Amazon’s Transportation Costs Surge in Q3; Financial Results Mixed

Amazon.com’s shipping costs skyrocketed 46% year-over-year in the third quarter to a record $9.6 billion, an increase of more than $500 million over what the online retail giant spent during the same period in 2018.

Dan Ronan | Senior Reporter
October 29, 2019
Business, Technology, Logistics, Autonomous

Waymo CEO Sees Driverless Trucking Catching on Faster Than Taxis

True driverless cars have arrived from Waymo, the self-driving unit of Alphabet Inc., but the company’s chief executive officer says robot ride hailing may not be the first form of automotive autonomy to take off commercially.

Keith Naughton | Bloomberg News
October 29, 2019
Business, Logistics

XPO Reports Mixed 3Q Earnings

Global freight transportation and logistics provider XPO Logistics reported mixed financial results for the third quarter on Oct. 28.

Dan Ronan | Senior Reporter
October 28, 2019