Although there are signs of progress, the largest delivery companies have scaled back climate pledges and the industry isn鈥檛 keeping pace with climbing emissions from a global demand surge.
January 30, 2024Search
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Norfolk Southern Q4 Profit Down 33%, Derailment Costs Rising
Norfolk Southern鈥檚 Q4 profit fell 33% due to the ever-growing costs of the cleanup of last year鈥檚 derailment in eastern Ohio, but the railroad did deliver 3% more shipments in the quarter.
January 26, 2024Europe鈥檚 Diesel Supply Chain Threatened by High Freight Costs
A surge in shipping costs due to turmoil in the Red Sea is pressuring Europe鈥檚 diesel supply chain, contributing to a sharp jump in fuel prices.
January 26, 2024Port NOLA Project Gets $226 Million in Federal Grant
WASHINGTON 鈥 The planned $1.8 billion Louisiana International Terminal project in St. Bernard Parish was awarded a $226 million grant Jan. 22 from the U.S. Department of Transportation.
January 23, 2024Amazon Fined in France for Employee Monitoring in Warehouses
France鈥檚 privacy watchdog said Jan. 23 that it hit Amazon鈥檚 warehouse unit with a $35 million fine for using an 鈥渆xcessively intrusive system鈥 to monitor worker performance and activity.
January 23, 2024Red Sea Chaos Starting to Impair Profits Across Industries
With the Red Sea crisis roiling shipments of everything from cars to energy, it鈥檚 a matter of time before soaring costs and supply chain strains show up in companies鈥 earnings reports.
January 23, 2024STB Calls for Status Hearing on Gulf Coast Amtrak Project
The U.S. Surface Transportation Board, which oversaw hearings into the possible restart of Gulf Coast rail during 2022, is calling the parties involved in the case for a status hearing.
January 22, 2024Red Sea Attacks Disrupt Food Trade, Risk Higher Grocery Costs
Chaos in the Red Sea is starting to disrupt shipments of produce from coffee to fruit 鈥 and threatening to halt a slowdown in food inflation that brought some relief to strained consumers.
January 19, 2024Cargo Processing in Texas Improved at Del Rio Land Port
Better processing of commercial vehicles by the U.S. Customs and Border Protection in Texas at the Del Rio Port of Entry is resulting from a small donated infrastructure project.
January 18, 2024Port of Long Beach CEO Cordero Details Upcoming Projects
Port of Long Beach officials were upbeat about prospects for the facility even as its 2023 performance was down 12.2% year-over-year.
January 18, 2024