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Canadian National Railway Maintains Earnings Growth Forecast

Canadian National Railway is sticking with its outlook for double-digit profit growth over the next few years, moving past a 2023 marred by labor strife, low grain shipments and a sluggish economy.

January 24, 2024

Port NOLA Project Gets $226 Million in Federal Grant

WASHINGTON — The planned $1.8 billion Louisiana International Terminal project in St. Bernard Parish was awarded a $226 million grant Jan. 22 from the U.S. Department of Transportation.

January 23, 2024

Truck Tonnage in December Dips 0.5% Year-Over-Year

Truck tonnage dipped in December, closing out the worst 12 months for freight activity since the pandemic year of 2020, American Trucking Associations reported.

January 23, 2024

Amazon Fined in France for Employee Monitoring in Warehouses

France’s privacy watchdog said Jan. 23 that it hit Amazon’s warehouse unit with a $35 million fine for using an “excessively intrusive system” to monitor worker performance and activity.

January 23, 2024

C.H. Robinson Announces Electronic Bill of Lading for LTLs

C.H. Robinson is implementing an electronic bill of lading process for its largest less-than-truckload carriers, a move in its continued efforts to digitize documents, the company announced Jan. 22.

January 23, 2024

Red Sea Chaos Starting to Impair Profits Across Industries

With the Red Sea crisis roiling shipments of everything from cars to energy, it’s a matter of time before soaring costs and supply chain strains show up in companies’ earnings reports.

January 23, 2024

PS Logistics Unit Expands Flatbed Division in North Carolina

PS Logistics’ Blair Logistics unit announced it has acquired the flatbed division of Kenly, N.C.-based ELS for an undisclosed sum.

January 23, 2024

Ports on Both Coasts Wrap 2023 Below Year-Earlier Levels

The nation’s port leaders say that while container volume was down in the Pacific, Atlantic and Gulf of Mexico facilities, overall trends for 2024 are pointing up.

January 23, 2024

Forward Air Reaches Deal With Omni Logistics on Acquisition

Forward Air Corp. and Omni Logistics have settled litigation surrounding a planned merger that allows a deal to proceed under amended terms, the companies announced Jan. 22.

January 22, 2024