In a show of bipartisanship, senators voted to inject billions into the nation’s ports, dams and canals, passing a sweeping water infrastructure bill.
August 5, 2024Logistics 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.
Senate Greenlights Its Version of Water Infrastructure Act
Seven Logistics Companies Merge Into SalSon Logistics
A group of seven logistics companies is set to merge under the banner of SalSon Logistics, with a focus on drayage and warehousing services, they said Aug. 5.
August 5, 2024Silicon Valley Subway Project Nabs $5.1B for Bay Area Link
The long-awaited subway project linking California’s Silicon Valley to parts of the San Francisco Bay Area is set to receive $5.1 billion in federal funding.
August 2, 2024Hub Group Misses Analyst Expectations on Weak Q2 Market
Hub Group profit in the second quarter of 2024 fell due to the ongoing weakness in the North American freight market, but a final-mile acquisition in December 2023 offered a bright spot.
August 2, 2024Schneider Q2 Profit Slumps as Intermodal, Logistics Revenue Falls
Schneider National profit in the second quarter of 2024 slumped 54% as price increases failed to arrive as early as the carrier expected and ongoing freight market weakness saw intermodal and logistics revenue decline.
August 2, 2024Amazon Reports Boost in Quarterly Profit to $13.5 Billion
Amazon reported a boost in its quarterly profits Aug. 1, but the company missed revenue estimates, sending stocks lower in after-hours trading.
August 1, 2024Port Houston Gets USDA OK to Directly Handle Cold Treatment Cargo
The U.S. Department of Agriculture has granted authority to Port Houston to handle cold treatment cargo, creating an opportunity for drayage companies in the region.
August 1, 2024C.H. Robinson Profit Jumps on Higher Seaborne Prices
C.H. Robinson Worldwide profit in Q2 jumped 29.7% year over year as a result of higher seaborne services pricing, a bigger margin on truckload and LTL shipments and a decrease in head count.
August 1, 2024Liebherr to Build $176M Distribution Center in Mississippi
A top Swiss manufacturer of construction equipment has inked a $176 million deal with Mississippi state officials to build a massive distribution and logistics center to provide spare parts in North and South America.
August 1, 2024Sluggish Global Economy Weighs on Germany’s DHL in Q2
FRANKFURT — German logistics and delivery giant DHL reported second-quarter net profit of $802 million, a decline of 23.9% from a year ago, as a sluggish global economy dampened demand.
August 1, 2024Follow Us
Trending
Newsletter Signup
Subscribe to Transport Topics