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Buttigieg Calls on Congress to Pass Rail Bill

More than a year after a train derailment in Ohio captured mainstream attention, the nation’s top transportation officer again called on Congress to advance a freight safety bill.

May 1, 2024

Amazon Sees Strong Q1 Results Driven by Cloud-Computing Unit

NEW YORK — Amazon reported strong results for the first quarter, driven by growth in its cloud-computing unit and a new surge of advertising dollars from its Prime Video streaming service.

April 30, 2024

Containership Hit Far in Arabian Sea; Houthis Claim Attack

JERUSALEM — A containership came under attack by a drone in the far reaches of the Arabian Sea, corresponding with a claim by Yemen’s Houthi rebels that they assaulted the ship there.

April 30, 2024

Proxy Firm: Norfolk Shareholders Should Split Ticket in Vote

Norfolk Southern's CEO won support from adviser Institutional Shareholder Services before a shareholder vote on an activist-driven push to replace the railroad’s leadership team.

April 30, 2024

US Ports Report Continued Volume Gains in First Quarter

U.S. ports closed out the first quarter in March with continued year-over-year increases in container volumes.

April 30, 2024

Saia Q1 Profit Increases 19.2% as Revenue Rises 14.3%

Saia Inc. posted a 19.2% increase in profits in the first quarter of 2024 but undershot analyst and market expectations, even as key metrics improved.

April 30, 2024

GXO Completes Acquisition of UK-Based Wincanton

GXO Logistics has completed its acquisition of the U.K.-based transport and logistics services company Wincanton, the company announced April 29.

April 30, 2024

Waabi Opens Texas Terminal as Hub for Self-Driving Trucks

Waabi Innovation opened a terminal in Lancaster, Texas, to serve as the center of the company’s operations in the state, which are at the heart of the self-driving truck specialist’s ambitions.

April 30, 2024

Ryder Continues Cross-Border Expansion With New Facility

Ryder System is opening a second multiclient logistics facility at a U.S.-Mexico port to take advantage of the recent nearshoring trend, the company announced April 29.

April 30, 2024