HMM Co., the biggest container-shipping line in South Korea, will continue deploying more vessels than usual to try to meet demand from the country鈥檚 exporters struggling to transport goods overseas.
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XPO Reports Record $3.47 Billion in Revenue for Q1
XPO Logistics Inc. reported its highest revenue of any quarter in its history May 9 for the first quarter of 2022.
May 9, 2022Critical Talks to Begin for West Coast Port and Warehouse Workers
Labor Secretary Marty Walsh, seaport officials on the West Coast, International Longshore and Warehouse Union negotiators and leaders with the Pacific Maritime Association are talking optimistically that a long-term contract with workers can be negotiated this summer.
May 9, 2022U.S. Xpress Reports Earnings Loss Despite Revenue Gains
U.S. Xpress Enterprises reported revenue growth but a decline in earnings for the first quarter of 2022.
May 9, 2022Volvo Autonomous Solutions, DHL to Partner on Hub-to-Hub Transport
Volvo Autonomous Solutions announced it will offer a new hub-to-hub autonomous transport solution in North America, designed to serve shippers, carriers, logistics service providers and freight brokers.
May 9, 2022Universal Reports Higher Results in Historic Q1 for Company
Universal Logistics Holdings experienced higher earnings and revenue during a historic first quarter, the company reported May 5.
May 6, 2022China鈥檚 Port Lockdowns Threaten Domestic Trucking
China locking down key port cities because of a new outbreak of the coronavirus could have serious ramifications for trucking in the United States.
May 5, 2022How AI Is Streamlining Freight Movement
While the concepts of artificial intelligence and machine learning are not new, rapid advances in this field are driving the future of software development in the freight transportation industry.
May 6, 2022Aurora Innovation Focuses on Real-Time Data
Autonomous driving technology company Aurora Innovation Inc. announced it is developing a system, Aurora Beacon, intended to allow customers to optimize autonomous vehicles for 鈥24/7/365 operation.鈥
May 5, 2022GXO Reports Higher Earnings, Revenue for Q1
GXO Logistics Inc. recorded higher net income and revenue in the first quarter, the company reported May 4.
May 5, 2022