Today’s Pickup: UPS sues pot delivery company; War on Detention announced

Today’s Pickup: UPS sues pot delivery company; War on Detention announced

UPS has sued a pot delivery company in California saying the company is infringing on hits trademarks; also FreightWaves announces a War on Detention, Connecticut wants to add tolls, and Ford leaves South America.

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Genesee & Wyoming Q4 earnings call

Genesee & Wyoming Q4 earnings call

Genesee & Wyoming, Inc. (NYSE: GWR) beat fourth quarter revenue consensus estimates by $4.89 million. Revenue was expected to decrease by 0.2 percent year-over-year (Y/Y), but it increased 0.7 percent Y/Y from $571.6 million to $575.6 million, according to Seeking Alpha. GWR also beat fourth quarter consensus earnings per share (EPS) estimates of $0.89 by $0.11 to $1.00.

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Linfox concludes purchase of Aurizon’s Queensland intermodal business

Linfox concludes purchase of Aurizon’s Queensland intermodal business

Rail operator Aurizon has completed the sale of its Queensland Intermodal Business to privately owned Australian logistics company Linfox. The Queensland Intermodal Business delivers general cargo for more than 300 customers across the state and includes a wide variety of freight including groceries, white goods and general goods.  

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Grain exports decline, disrupting its maritime and rail supply chain

Grain exports decline, disrupting its maritime and rail supply chain

The Grain Transport Report, a weekly publication by the Agricultural Marketing Service (a division of the U.S. Department of Agriculture) released information showing that total export inspections for grain (corn, wheat and soybeans) declined 22 percent from the previous week.

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How a shoe-box sized satellite could transform logistics communications

How a shoe-box sized satellite could transform logistics communications

Small, yet powerful satellites can now be deployed for just a fraction of the cost of more traditional satellites, potentially changing the way logistics companies access location and other data for assets.

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