Universal Logistics Holdings’ earnings grew on a slight decline in revenue during the fourth quarter of 2022, the company reported Feb. 9.
February 10, 2023Logistics 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.
Universal Logistics Reports Earnings Growth on Revenue Decline for Q4
White House to Release Budget March 9
Funding proposals for freight and commuter transportation programs will be unveiled as part of a larger budget plan on March 9, the White House announced recently.
February 9, 2023XPO’s Mario Harik Touts Strong Q4, Full-Year Performance
XPO Inc. CEO Mario Harik on Feb. 8 discussed how his company reached over a billion dollars in revenue during the fourth quarter despite a business spinoff and softening freight market.
February 9, 2023Tracking Trucking's Top BottlenecksÂ
American Transportation Research Institute (ATRI) recently released the 2023 Top Truck Bottleneck List with Fort Lee, NJ claiming the top spot for the fifth year in a row. The in-depth analysis provides vital insight into truck-involved congestion points, highway traffic trends, and infrastructure investment opportunities. How much has the list changed since last year? How can this research be used to further conversations on funding and regional regulations? Rebecca Brewster, President and Chief Operating Officer of ATRI, joins Dan Ronan to help breakdown the top highway bottlenecks and discuss opportunities to address supply chain challenges.Â
February 9, 2023Forward Air Reports Q4, Full-Year Records
Forward Air Corp. reported record fourth-quarter and full-year revenue, operating income and net income per diluted share Feb. 8.
February 9, 2023Werner Reports Earnings Decline Despite Revenue Gain in Q4
Werner Enterprises experienced an earnings decline despite revenue gains due to changing macroeconomic conditions in the fourth quarter, the company reported Feb. 7.
February 8, 2023Thousands of CSX Workers First to Get Paid Sick Leave
OMAHA, Neb. — Several thousand workers at CSX will soon get one of the things that pushed the U.S. railroad industry to the brink of a strike last fall: paid sick time.
February 8, 2023Supply Chains Must Change, Says Maersk’s Ditlev Blicher
Increasing volatility in global supply chains means shipping lines must undergo a radical restructuring to survive, according to A.P. Moller-Maersk A/S.
February 8, 2023Volkswagen Misses Full-Year Cash Target After Supply Chain Woes
Volkswagen AG missed its cash-flow target for the year after supply chain and logistics disruptions in recent months left the carmaker with unsold vehicles.
February 8, 2023Forward Air Expands in Chicago Area With New Terminal
Forward Air Corp. will expand its expedited less-than-truckload service offering in the Chicago area with a new terminal in Bolingbrook, Ill., the company announced Feb. 6.
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