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Schneider Reports Revenue Decline of 8% to $1.32B for Q1

Schneider experienced a year-over-year decline in revenue to $1.32 billion during the first quarter of 2024, the company reported May 2.

May 2, 2024

Maersk Sees Improved Prospects for Global Container Trade

A.P. Moller-Maersk A/S, a bellwether for global trade, said a strong start to the year has improved the outlook for container trade demand worldwide.

May 2, 2024

C.H. Robinson Reports Lower Revenue, Net Income for Q1

C.H. Robinson Worldwide experienced a year-over-year decline in revenue and earnings during the first quarter of 2024, the company reported May 1.

May 2, 2024

Body of Fifth Worker Found After Baltimore Bridge Collapse

BALTIMORE — Authorities said they have recovered the body of a fifth person who was missing after the collapse of the Francis Scott Key Bridge more than a month ago.

May 2, 2024

FRA: Union Pacific Undermined Regulators’ Safety Efforts

OMAHA, Neb. — Union Pacific managers undermined the U.S. government’s efforts to assess safety at the railroad in the wake of several high-profile derailment, federal regulators say.

May 1, 2024

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

Werner Posts Revenue, Earnings Decline for Q1

Werner Enterprises experienced a decline in revenue and earnings during the first quarter of 2024, the company reported April 30.

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