Freight

A multitude of costs caused Werner Enterprises to miss analysts' third-quarter expectations Thursday. Some of the expense increases are transitory while others are not. Werner (NASDAQ: WERN) reported adjusted earnings per share of 79 cents, 10 cents better year-over-year but 16 cents light of...

Port authorities in Los Angeles and Long Beach plan to start assessing and collecting late fees on loaded import containers that remain on the docks for extended periods as soon as Nov. 15. The information was disclosed in agendas for emergency meetings of the respective harbor commissions on...

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Schneider National is calling for more of the same, elevated transportation demand and limited supply, as 2021 comes to an end. The Green Bay, Wisconsin-based truckload carrier reported adjusted earnings per share of 62 cents for the third quarter, 10 cents ahead of consensus, and double the year-...

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Transportation was responsible for about 26% of global greenhouse gas emissions in 2018 and nearly 29% of U.S. emissions in 2019, according to International Energy Agency and Environmental Protection Agency data.  Moving goods around the world has become the norm, and considering the demand for...

Traton Group sold 53% more trucks and buses in the first nine months of 2021, incorporating Navistar in its results for the first time following the $3.7 billion acquisition of the Lisle, Illinois-based truck manufacturer in July. The global shortage of semiconductors and other supply constraints...

Railcar lessors Trinity Industries and GATX recenyl reported their third-quarter 2021 financial results: Trinity eyes ‘stronger underlying leasing dynamics' Although higher railcar loadings and increased levels of rail traffic are boosting demand for leasing railcars, Trinity Industries expects...

Moving pharmaceuticals has always been a high-stakes job teeming with threats to bottom lines and, more importantly, human lives. The headwinds that pharma companies — as well as doctors and patients themselves — face were highlighted in 2020, as the logistics industry was saddled with the...

The cold chain has garnered heightened attention amid worker shortages and vast COVID-19-related delays and disruptions. After all, the cold chain is made up of foods we eat and the medicines we need, an estimated $4 trillion global industry that relies on seamless transport to maintain quality...

Here's a crazy stat: If you wanted to buy a used car right now, there's a good chance it would cost you more than a new model of that same car. It sounds impossible, but that is exactly what is happening. With a shortage of semiconductors and automotive factories closing down left and right, new...

In April 2020, at the start of the COVID-19 pandemic, logistics warehouse giant Prologis Inc. estimated U.S. inventories would increase by 5% to 10% in coming years as businesses built up buffer stock near their end markets to avoid potential supply chain disruptions. That estimate has been raised...

TUCSON, Ariz. — Autonomous trucking startup TuSimple Holdings doesn't see itself competing with customers who will buy trucks equipped with its autonomous software. Still, it is growing its own fleet to more than 200 trucks, putting it in the top 20% of freight haulers.   "It's not our business...

Halloween is going to be an extra scary day for the logistics world. A total of 60,000 containers have been marked as beyond the dwell time and need to be moved out of the ports of Los Angeles and Long Beach by the carriers or the penalties will start racking up. A total of 33,000 containers need...

Several years ago, Nitin Gupta needed help. His mother had gone into shock and Gupta immediately called 911, summoning paramedics to his Mountain View, California, apartment complex. "Five or six minutes into my call they arrived at the building, but I couldn't leave my mother alone [to guide them...