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.
 

Business, Equipment, Logistics, Top 100

Ryder Reports Year-Over-Year Turnaround for Q2

Ryder System Inc. saw growth across its business during the second quarter of 2021, the company reported July 28.

July 29, 2021
Business, Logistics, TCA

Memphis I-40 Bridge Set to Reopen

The Interstate 40 Hernando de Soto bridge, a major trucking corridor that runs over the Mississippi River and connects Memphis, Tenn., with Arkansas, will start reopening the week of Aug. 2 after being closed since May 11.

July 29, 2021
Business, Logistics, Top 50, Top 100

Schneider Reports Large Rise in Q2 Earnings

Schneider National on July 29 reported net income increased 129% year-over-year during the second quarter.

July 29, 2021
Business, Technology, Logistics, Autonomous, Top 50

XPO Posts Q2 Profit on Record Revenue

Lifted by the highest revenue of any quarter in its history, XPO Logistics Inc. swung its second-quarter bottom line to a profit from a loss in the year-ago period.

July 29, 2021
Business, Logistics, Top 50

Echo Global Logistics Posts Q2 Gains

Echo Global Logistics reported large gains in both income and profit for the second quarter as it experienced record performance in both its managed transportation and brokerage businesses.

July 28, 2021
Government, Business, Logistics

Grant Approved for Norfolk Terminal Rail Expansion

Virginia's Commonwealth Transportation Board recently approved a $450,000 grant for Norfolk Terminal LP that will be used to improve goods movement at the facility.

July 28, 2021
Business, Logistics, Top 100

UPS Freight Purchase Powers TFI to Q2 Gains

TFI International reported large gains in second-quarter net income and revenue, helped by its acquisition of the UPS Freight operation.

July 28, 2021
Business, Technology, Logistics

Shopify Profit Is More Than Double Forecast, Extending Streak

Shopify Inc. beat expectations in the second quarter, with adjusted profit per share more than double what analysts had forecast, and said operating earnings for 2021 should exceed last year’s.

July 28, 2021
Business, Logistics, Top 100

UPS Earns $2.7 Billion in Q2

Robust e-commerce business and the company’s role in delivering millions of COVID-19 vaccines worldwide helped contribute to strong second-quarter financial results for Atlanta-based UPS Inc.

July 27, 2021
Business, Fuel, Logistics

Airports in West Deal With Shortage of Jet Fuel

A shortage of jet fuel, coupled with supply chain issues and an urgent demand from firefighting aircraft, continues to cause problems at airports around the West.

July 26, 2021