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.
 

GovernmentBusinessEquipmentLogisticsTCA

Chassis Pool OKd for Georgia, South Carolina Ports

The creation of a common chassis pool by the port authorities for Georgia and South Carolina will go forward.

July 27, 2018
GovernmentBusinessLogisticsTCA

Savannah Port Sets Container Record

The year has been another one for the record books at the Savannah ports.

July 26, 2018
BusinessLogisticsTop 100

Forward Air Reports Strong 2Q Earnings

Forward Air Corp., a mostly expedited LTL carrier, reported July 26 second-quarter net income of $24.3 million, or 83 cents per share compared with $19.7 million, or 65 cents, a 23% increase from a year ago. The companys operating revenue increased to $330.3 million compared with $283.9 million, a 16% jump.

July 26, 2018
BusinessLogistics

Knight-Swift Shares Tumble Most in Four Years Amid Driver Shortage

Knight-Swift Transportation Holdings Inc. lost almost a fifth of its market value July 26, marking the biggest drop in four years, after sales fell because of a lack of drivers.

July 26, 2018
GovernmentBusinessLogistics

Motor Carriers Group Challenges California Law That Defines Independent Contractors

In a federal lawsuit filed July 19, the Western States Trucking Association alleges that the California Supreme Courts new ABC test requirement for deciding if a contractor should be an employee forces virtually all independent contractors to become employees to those they choose to contract or work with.

July 26, 2018
BusinessLogisticsTop 100

Landstar Profit Jumps on Record Revenue

Landstar System reported record second-quarter net income of $62.5 million, or $1.51 a share, a rise of 67% from $37.5 million, and 89 cents per share, in the same period a year ago.

July 26, 2018
BusinessLogisticsTop 100

UPS Surges as Jump in Foreign Sales Defies Rising Trade Tensions

UPS Inc. rose the most in almost seven years as international sales surged and the couriers ambitious investment plans started to win over investors.

July 26, 2018
BusinessLogisticsTop 100

Covenant Profits Jump on 20% Revenue Rise

Covenant Transportation Group reported a positive second quarter, recording greater revenues and income as it moved forward on its purchase of Landair Holdings.

July 26, 2018
BusinessEquipmentLogistics

Knight-Swift Sees Steady Revenue Rise as Merger Efforts Continue

Knight-Swift Transportation Holdings reported greater second-quarter revenue and improved income across most of its divisions as it continued the coordination of the two firms after their merger last September.

July 25, 2018
BusinessTechnologyEquipmentSafetyLogisticsAutonomous

Chinese Startups Floor the Pedal in Driverless Car Race

A group of Chinese startups is accelerating efforts to get autonomous vehicles onto roads in the worlds biggest auto market, a country its American peers from Alphabet Inc.s Waymo to General Motors Co.s Cruise may find tough to crack.

July 25, 2018