PALMETTO, Fla. — The owners of World Direct Shipping have announced a bold initiative to send imported manufactured goods from SeaPort Manatee to the Northeast via a proposed CSX rail connection.
April 22, 2022Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Union Pacific Reports Strong Q1 Earnings
While Union Pacific Corp. delivered first-quarter financial results that outpaced Wall Street expectations, talk of service disruptions across its rail network and those of its competitors was top of mind among company executives who soon must answer to the Surface Transportation Board about those delays.
April 21, 2022Mullen Reports Q1 Revenue, Profit Growth
Mullen Group Ltd. reported double-digit increases in profit and revenue for the first quarter but warned that the motor carrier was concerned about surging inflation and higher fuel expenses.
April 21, 2022White House Eyes Emissions, Fuel Prices as Congress Finalizes Supply Chain Bill
The Biden administration continues to pursue initiatives meant to ease the impact of fuel prices on industries as congressional leaders finalize legislation to enhance supply chain connectivity.
April 21, 2022CSX Reports Strong Q1 Earnings
CSX Corp. reported first-quarter earnings April 20 that beat Wall Street analysts’ expectations.
April 21, 2022Trucking, Economic Experts Weigh Impact of Texas Border Bottlenecks
Financial reverberations from days’ worth of bottlenecks at the border between Texas and Mexico will be felt for months, trucking and economic experts said.
April 21, 2022Knight-Swift Reports $1.8 Billion Revenue for Q1
Knight-Swift Transportation Holdings Inc. posted revenue and earnings growth during the first quarter, the company reported April 20.
April 21, 2022Border Inspections Lost Texas $4.2 Billion, Economist Says
DALLAS — Long wait lines for trucks at the border after Gov. Greg Abbott ordered increased inspections cost Texas more than $4.2 billion in goods and services and the equivalent of 36,000 jobs, a report from Texas economist Ray Perryman said April 20.
April 21, 2022Amazon to Invest $1 Billion in Logistics, Robotics Companies
Amazon.com Inc. says it plans to invest $1 billion in companies developing technologies in logistics, supply chain management and safety, as the retailer seeks to keep an eye on new ideas that might aid its core business.
April 21, 2022Amazon Targets Shopify With New ‘Buy With Prime’ Service
Amazon.com Inc. said it will let merchants sell products they list with the e-commerce giant directly from their own websites, as part of a move to blunt the momentum of fast-growing competitor Shopify Inc.
April 21, 2022