Quarterly revenue—at $22.2 billion—was off 6% annually, and net income—at $865 million was below the $1.22 billion recorded a year ago. Diluted earnings per share—at…
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Commerce reported that February retail sales—at $697.9 billion—were off 0.4% compared to January and up 5.4% annually. And it added that total retail sales, from…
The national average fell 3.5 cents, to $4.247, following a 1.2-cent decrease, to $4.282, for the week of March 6. Source: logistics Mgmt
A new Korn Ferry survey of supply chain leaders identifies key changes in the function and the skills and experiences needed to succeed in this…
Shippers hoping to capitalize on excess capacity in the trucking industry are advised to act fast as top trucking executives say they expect boom times…
Earlier today, Alan Shaw, president and CEO, of Atlanta-based Class I railroad carrier Norfolk Southern provided testimony at a U.S. Senate Committee on Environment &…
TIA’s latest 3PL Market Report shows members have managed to grow business despite challenging conditions. Source: logistics Mgmt
Following Atlanta-based Class I railroad carrier Norfolk Southern (NS) roll out of a six-point plan this week to “immediately enhance the safety of its operation,”…
ASCM, KPMG index reveals some easing, but pressure remains high. Source: logistics Mgmt
The national average fell 1.2 cents, to $4.282, following an 8.2-cent decline, to $4.294, for the week of February 27 and another 8.2-cent decrease, to…
While automated systems continue to increase in flexibility, accuracy, and speed, humans are still needed to drive efficiency and address AI edge cases. Source: logistics…
With an 8.2-cent decline, the national average came in at $4.294 per gallon, following an 8.2-cent decrease, to $4.376, for the week of November 20,…
The report’s key metric, the PMI, at 47.7 (a reading of 50 or higher indicates growth), eked out a 0.3% increase, from January to February,…
PMA and ILWU said that talks are continuing on an ongoing basis until an agreement is reached and they “remain hopeful of reaching a deal…
That’s the question that Byron Bennett and the team from Zergratran plan to answer, with cutting-edge technology to speed containers underground from the Pacific to…
Gartner survey finds organizations focused on enablement are more likely to garner repeat customers. Source: logistics Mgmt
Through this collaboration, WattEV will provide electric trucking capability to Uber Freight shippers, beginning with CHEP, a pallet and container pool services provider, noted an…
Downers Grove, Ill.-based Roadrunner, a national less-than-truckload (LTL) services provider, with a focus on long-haul metro-to-metro shipping, recently announced it has expanded its Smart Network…
Falling 9.5 cents, the national average came in at $4.444 per gallon after an 8.3-cent decrease, to $4.539, for the week of February 6. Source:…
There will be no merger, acquisition or combination of any sort involving Yellow Corp. and any of its rival less-than-truckload (LTL) carriers. That’s the final…