Persistent supply chain challenges continued to weigh on U.S. manufacturers in October, lengthening supplier delivery times and bloating a measure of inventories.
November 1, 2021Logistics 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.
Manufacturing Growth in US Eases as Supply Chain Issues Linger
Cargo Transporters Announces Pay, PTO Increases for Drivers
Cargo Transporters instituted its third, and largest, driver pay and compensation increase for 2021, the carrier announced Oct. 27.
October 29, 2021Werner Reports Revenue, Earnings Growth for Q3
Werner Enterprises achieved record third-quarter earnings per share despite supply chain and labor woes, the company reported Oct. 28.
October 29, 2021Lineage Adds Automated Facility in Virginia
Lineage Logistics announced the opening of its fully automated facility located adjacent to the Port of Virginia’s Virginia International Gateway in Portsmouth, which offers an integrated network of highways, air, rail and sea services.
October 29, 2021Amazon Stake in Rivian Disclosed as 20%
Amazon .com Inc. owns a 20% stake in electric vehicle maker Rivian Automotive Inc., the startup with which it has placed an order for 100,000 battery-powered delivery vans, the e-commerce giant disclosed Oct. 29 in a securities filing.
October 29, 2021Amazon’s Holiday-Quarter Sales Forecast Suggests Pandemic Boom Is Over
Amazon .com Inc. gave a forecast for holiday sales that fell short of analysts’ estimates, signaling the pandemic’s boost to online shopping continues to fade.
October 28, 2021Biden Port Envoy Vows Alliance Will Help Break California Logjam
President Joe Biden’s point-person for clearing the supply chain bottleneck in southern California hailed a new agreement that will fast-track multiple logistics projects in the Golden State.
October 28, 2021Forward Air Reports Rise in Q3 Net Income
Forward Air Corp. saw revenue and net income growth during the third quarter of 2021, the company reported Oct. 27.
October 28, 2021Norfolk Southern Reports Record Q3 Results
Atlanta-based Class I railroad Norfolk Southern reported record third-quarter results on Oct. 27, exceeding Wall Street’s expectations, even as railroad officials said freight growth is being hampered by supply chain disruptions at seaports, intermodal facilities and in trucking.
October 28, 2021Schneider Reports 147% Jump in Earnings for Q3
Schneider National saw third-quarter earnings surge 147% from last year, using its “scaled and diversified platform” to deliver solutions, the carrier reported Oct. 28.
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