The first in its class to release Q1 results, the railway reported a 4 percent year-over-year decline in volumes and a sharp drop in headcount.
The Lowell, Ark.-based intermodal and trucking provider saw its profits climb 15 percent to $118.1 million as revenues and intermodal volumes increased 19.6 percent and 6 percent, respectively.
The world’s second-largest contract logistics provider added about 5,000 jobs to its supply chain network during the first quarter.
Premium Transportation Logistics names president, while Wolfe Research appoints new managing director.
Ag secretary slams China’s decision to impose 178.6 percent antidumping levy on imports from the United States.
After 2017 profit, carrier will “continue to explore growth in the transpacific trade despite being a minor player.”
After a successful year of record gross revenues, the global logistics company has earmarked 188 million euros for investment in industrial goods and set its sights on expanding its U.S. footprint.
The mood at the 3PL association’s annual conference was buoyant based on truckload demand, but concerns about brokers’ digital strategies floated.
UPS appoints president of U.S. operations, while Geodis picks vice president of U.S. sales and ECU Worldwide names regional CEO for India, the Mideast and Africa.
The World Trade Organization’s recently published forecast predicts merchandise trade volume growth of 4.4 percent this year.
The average price for a gallon of on-highway diesel fuel hits $3.104, with prices the highest in California, according to the U.S. Energy Information Administration.
Senate Banking Chairman Mike Crapo supports confirmation of Jeffrey Nadaner to lead Bureau of Industry and Security Office of Export Enforcement and reform of Committee on Foreign Investment.
Container throughput at the Southern California port fell 26.7 percent from the same month a year ago to 577,865 TEUs after a record-setting February.
The most challenging part of the Surface Transportation Board Reauthorization Act of 2015 has been assuming the administrative and information technology functions previously housed under the DOT, according to STB Vice Chairman Deb Miller.
Terminals operated by the Northwest Seaport Alliance handled 302,516 TEUs in March, a 9.6 percent decrease from March 2017.
The $200 million loan will help the world’s top exporter of raw cashew nuts boost productivity and quality and directly benefit about 225,000 farmers.
New Zealand’s largest supply chain collaborator says leading-edge technology is essential to put information in customers’ hands.
The Dubai-based third-party logistics provider launches an integrated online service that allows shippers to obtain rate quotes and book their ocean and air freight as well as pay for those services and track shipments.
U.S. Customs’ rollout of automated processing is expected to widen the use of one of the oldest trade laws on the books.
Container industry wants U.N. group to lead research on how to cut carbon emissions.
