Logistics

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.
 

Business, Logistics

Universal Logistics Beats Q4 Expectations

Universal Logistics Holdings beat fourth-quarter expectations despite experiencing a year-over-year decline in revenue and earnings, the company detailed Feb. 15.

Connor D. Wolf | Staff Reporter
February 16, 2024

Daily Briefings from Transport Topics

Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.

Business, Technology, Logistics, For-Hire

Social Media Platforms Open Fleets to Newer Recruiting Pool

Fleets are looking more to social media platforms to increase brand awareness, reach new customers and, increasingly, find new employees.

Amanda Smith | Special to Transport Topics
February 16, 2024
Business, Logistics

Kenan Advantage Group Enters Dry Bulk Sector

Kenan Advantage Group bought Northern Dry Bulk for an undisclosed sum, marking its first major foray into dry bulk haulage, the top-ranked tank transporter said.

Keiron Greenhalgh | Staff Reporter
February 15, 2024
Government, Business, Logistics

Update: 2024 Top 100 Truck Bottlenecks List Sees Congestion Increasing

Fuel card skimming is on the rise. Read Dan Calabrese's report on what trucking fleets can do to thwart cyber criminals who engage in this high tech theft.

February 15, 2024
Business, Technology, Logistics, Autonomous

GXO Reports Profit, Revenue Increased in Fourth Quarter

GXO Logistics reported an increase in revenue and earnings year-over-year during the fourth quarter, despite the softer freight market, the company detailed Feb. 14.

Connor D. Wolf | Staff Reporter
February 14, 2024
Government, Business, Logistics

Portland Port Asks Oregon for $10M to Save Container Service

Facing a $14 million shortfall, the Port of Portland is asking Oregon legislators for a $10 million injection this year to avoid ending container service at Terminal 6.

Noël Fletcher | Staff Reporter
February 14, 2024
Business, Logistics, For-Hire

Ryder Q4 Profit Slides on Weak Used Truck Prices, Rentals

Profits at Ryder System Inc. fell 39.8% in the fourth quarter of 2023 as weak freight conditions again sapped strength from used vehicle sales prices and rental activity, it said Feb. 14.

Keiron Greenhalgh | Staff Reporter
February 14, 2024
Government, Business, Safety, Logistics

FMC: Sanctions Against Yemen Should Be Considered

Federal Maritime Commissioner Carl Bentzel says his office wants the U.S. government to investigate whether economic sanctions are warranted against Yemen.

Dan Ronan | Senior Reporter
February 14, 2024
Government, Business, Logistics

Senators Introduce Freight Border Bill

Legislation meant to ensure border security staff remain at commercial ports of entry was recently introduced in the U.S. Senate.

Eugene Mulero | Senior Reporter
February 13, 2024
Business, Logistics, For-Hire

XPO Looks to Lower Leverage, May Buy Back Debt Early, CFO Says

Less-than-truckload carrier XPO Inc. is working to reduce its leverage after it purchased assets from Yellow Corp. and might consider buying back some of its debt at par, its finance chief said.

Nina Trentmann | Bloomberg News
February 12, 2024