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.
 

BusinessLogisticsTop 100

YRC Worldwide Reports Mixed 2Q Earnings Compared With 2017

YRC Worldwide Inc. reported a decline in second-quarter net income, even as operating revenue increased.

August 2, 2018
BusinessLogistics

XPO Logistics Posts Record Results in Second Quarter

XPO Logistics posted its best-ever second quarter as a strong economy generated demand for freight hauling and logistics services, and the company was able to capitalize on a shift toward greater outsourcing of transportation by shippers.

August 1, 2018
BusinessLogisticsTop 100

Saia Follows Industry Trend With Record Earnings in 2Q

In the midst of a buoyant economy, less-than-truckload carrier Saia Inc. on Aug. 1 reported record second-quarter earnings. Saia said operating revenue was up nearly 18%, reaching nearly $428.7 million, or $1.18 a share, compared with $364.4 million, or 69 cents a share, for the same period in 2017.

August 1, 2018
BusinessLogisticsTCA

Vancouver Port Celebrates Completion of Freight Rail Project

Port of Vancouver administrators, along with political and industry leaders, stood atop a small stage in a largely vacant marine terminal the morning of July 31 to celebrate the completion of the $251 million West Vancouver Freight Access project.

August 1, 2018
GovernmentBusinessLogistics

Why the Trucking Shortage Is Costing You

A shortage of truck drivers that has been simmering in the United States for years has reached a full boil, causing anxiety from small factories to the Federal Reserve.

August 1, 2018
LogisticsTCA

Truckers Say Port Everglades Terminal Boycott Still Possible

As the Aug. 1 deadline for a potential boycott looms, disagreements persist between members of the South Florida trucking community and Port Everglades Terminal LLC.

July 31, 2018
BusinessLogistics

Landstar Analyst Invokes ‘Spaceballs’ in Bullish Freight Thesis

Landstar System’s stock is traveling at “ludicrous” speed after a series of bullish analyst calls, including one with references from the movie “Spaceballs.”

July 31, 2018
BusinessLogistics

Echo Global Logistics Income, Revenue Jump

Echo Global Logistics reported record second-quarter net income of $7.7 million from a loss of $200,000 in the second quarter of 2017. The Chicago-based third-party logistics company reported earnings per share of 28 cents, up from a loss of minus 1 cent a share a year ago.

July 27, 2018
BusinessLogistics

TFI International Reports Improved Second-Quarter Earnings

Canadian transportation and logistics company TFI International reported second-quarter net income of C$80.4 million, or 89 cents per share, a significant turnaround from last year when TFI reported a quarterly loss of $75 million, or 82 cents per share.

July 27, 2018
GovernmentBusinessLogisticsTCA

Texas City Cracks Down on Truck Route Violators

An ordinance prohibiting commercial motor vehicles from traveling in the Odessa, Texas, city limits is beginning to show its effect, as five truckers were found guilty of violating the law July 25.

July 27, 2018