California Ports Deploying Air Pollution Capture for Ships
Long Beach, Calif.-based startup Stax Engineering has deployed pollution-capturing tech at multiple ports for the first time, servicing ships at the ports of L.A., Long Beach and Oakland.
February 12, 2024Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
TFI Q4 Profits Fall 14.4% as Deals Dull Freight Market Toll
Profits at TFI International in the fourth quarter fell 14.4% compared with the same period a year earlier, as acquisitions softened the impact of a weak freight environment.
February 9, 2024Lineage Logistics Leads US IPOs Heading for Second Quarter
Lineage Logistics is leading a crop of private companies weighing initial public offerings in the U.S. as soon as the second quarter, according to people familiar with the matter.
February 9, 2024Buttigieg, Shipping Stakeholders Discuss Red Sea Tensions
Transportation Secretary Pete Buttigieg held two private meetings with stakeholders to discuss shipping, regional navigation and supply chain issues in the Red Sea and Gulf of Aden.
February 9, 2024Port of Mobile to Build Container Facility in North Alabama
The Alabama Port Authority and CSX Transportation announced that Decatur, Ala., will be home to a new intermodal container transfer facility to connect north Alabama to the Port of Mobile.
February 8, 2024Congressional Democrats Push Rail Safety Bills
To mark the anniversary of a freight train derailment in Ohio, policymakers renewed calls for approving a legislative response as the industry highlights safety improvements.
February 8, 2024Forward Air CEO Tom Schmitt Exits After Omni Deal Completion
Forward Air CEO Tom Schmitt exited the company days after finally completing the carrier’s at-times contentious merger with Omni Logistics.
February 8, 2024RXO Closes First Full Year as Company With Q4 Results
RXO closed out its first full year as a stand-alone company by reporting fourth-quarter earnings gains on a year-over-year revenue decline, the company detailed Feb. 8.
February 8, 2024Planned Savannah Private Port Terminal Stokes Traffic Fears
SAVANNAH, Ga. — The planned SeaPoint marine terminal east of downtown Savannah is spurring concerns about port-related traffic overwhelming the streets and rail tracks in the area.
February 8, 2024Shipping Officials: Supply Chain Equipped to Deal With Attacks
The world’s critical shipping lanes are facing a group of modern-day “Barbary pirates” with the recent violence in the Red Sea, according to Federal Maritime Commissioner Carl Bentzel.
February 8, 2024