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.
USA Truck Posts Net Loss on Declining Revenue in Q1
USA Truck reported a net loss on decreased revenue during the first quarter, the company reported May 7.
May 8, 2020Expeditors Sees Profit, Revenue Fall in Q1; Workforce Remains Intact
Global disruptions created by the coronavirus pandemic depressed profits and revenue at Expeditors International in the first quarter.
May 8, 2020Minnesotans Lose Thousands in Auto Dealer-Shipper Scam
The Better Business Bureau (BBB) is warning Minnesotans about scams in which auto dealers and shippers ask customers to wire money for cars they have bought online.
May 8, 2020Trump Casts Doubt on Future of China Trade Deal
President Donald Trump cast doubt on the future of his 鈥減hase one鈥 trade deal with China, one of the biggest accomplishments of his first term, saying May 8 that he鈥檚 struggling with Beijing in the wake of the global coronavirus pandemic.
May 8, 2020Musk鈥檚 Aim to Restart Tesla Plant Sets Up Potential Clash
Tesla Inc. plans to reopen its sole U.S. car factory as soon as May 8, possibly setting up another battle with local health authorities in California.
May 8, 2020Former XPO Executive to Become Next Postmaster General
A聽Republican fundraiser and political donor from North Carolina who also worked as an executive at XPO Logistics聽will be the next postmaster general.
May 7, 2020Daseke Reports Revenue of $391 Million for Q1
Daseke Inc., the Addison, Texas-based flatbed transportation and logistics company, extended its losses in the first quarter as the rate environment softened.
May 7, 2020Tesla Idles China Plant, Suspending Vehicle Output Worldwide
Tesla Inc. suspended production at its plant on the outskirts of Shanghai, according to people familiar with the matter, bringing to a halt all of the company鈥檚 vehicle manufacturing globally.
May 7, 2020ArcBest Records 61% Decline in Q1 Net Income
ArcBest Corp. reported a drop in revenue and profits for the first quarter, and business took a turn for the worse at the beginning of the second quarter amid the coronavirus pandemic.
May 7, 2020Agriculture Secretary Says Meatpacking Plants Should Reopen Within 10 Days
U.S. Agriculture Secretary Sonny Perdue said he expects U.S. meatpacking plants to fully resume operations within a week to 10 days, during a meeting with President Donald Trump and Iowa Gov. Kim Reynolds.
May 6, 2020Trending
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