Logistics News

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.
 

Government, Safety, Logistics

Congressional Democrats Push Rail Safety Bills

To mark the anniversary of a freight train derailment in Ohio, policymakers renewed calls for approving a legislative response as the industry highlights safety improvements.

February 8, 2024
Business, Logistics, For-Hire

Forward Air CEO Tom Schmitt Exits After Omni Deal Completion

Forward Air CEO Tom Schmitt exited the company days after finally completing the carriers at-times contentious merger with Omni Logistics.

February 8, 2024
Business, Technology, Logistics

RXO Closes First Full Year as Company With Q4 Results

RXO closed out its first full year as a stand-alone company by reporting fourth-quarter earnings gains on a year-over-year revenue decline, the company detailed Feb. 8.

February 8, 2024
Government, Business, Safety, Logistics, TCA

Planned Savannah Private Port Terminal Stokes Traffic Fears

SAVANNAH, Ga. The planned SeaPoint marine terminal east of downtown Savannah is spurring concerns about port-related traffic overwhelming the streets and rail tracks in the area.

February 8, 2024
Government, Business, Safety, Logistics

Shipping Officials: Supply Chain Equipped to Deal With Attacks

The worlds critical shipping lanes are facing a group of modern-day Barbary pirates with the recent violence in the Red Sea, according to Federal Maritime Commissioner Carl Bentzel.

February 8, 2024
Business, Technology, Equipment, Fuel, Logistics

Leading Container Maker Sees Profit Jump in Hydrogen Business

China International Marine Containers Group, the worlds biggest manufacturer of shipping containers, is seeing a surge in revenues from its hydrogen business, a good sign for the fuel.

February 8, 2024
Business, Technology, Logistics, Autonomous, For-Hire

Trucking Executives Cite Opportunities for AI Adoption

LAS VEGAS Artificial intelligence promises to unlock greater efficiency in the freight transportation industry, but implementing AI functions is not without its challenges.

February 8, 2024
Business, Logistics

Reefer Unit Powers Carrier Global to 55.6% Q4 Profit Hike

Profits at Carrier Global jumped 55.6% year-over-year in the fourth quarter on the back of higher refrigeration unit sales and improved operating margins.

February 7, 2024
Business, Logistics

XPO Reports Revenue and Earnings Gains for Q4

XPO Inc. reported a year-over-year increase in revenue and earnings despite an overall softer freight environment during the fourth quarter of 2023, the company announced Feb. 7.

February 7, 2024
Business, Logistics

Werner Enterprises Reports Revenue, Profit Decline for Q4

Werner Enterprises reported a drop in revenue and earnings year-over-year during the fourth quarter of 2023, the company detailed Feb. 6.

February 7, 2024