Tag: transportation

March 27, 2024

In the wake of a chaotic few years in the global supply chain, including factors such as geopolitical tensions, trade disputes, and climate change-induced disruptions, manufacturers have recognized supply chain resiliency as vital to their success. What many may not […]

February 16, 2024

Universal Logistics Holdings beat fourth-quarter expectations despite experiencing a year-over-year decline in revenue and earnings, the company detailed Feb. 15. The Warren, Mich.-based asset-light transportation and logistics company posted net income of $21.4 million, or 81 cents a diluted share, […]

January 17, 2024

New data from Tradeshift suggests a modest uptick in global trade activity during Q4 following an acceleration in new orders during the quarter. According to Tradeshift’s latest Index of Global Trade Health, global trade transaction volumes improved to 4 points […]

June 7, 2023

As “America’s Logistics Center,” the Jacksonville region sits atop Florida, the nation’s fastest growing state, giving way to 98 million consumers within a day’s drive, amplified by a diversified transportation infrastructure of rail, air, highway and maritime. At the center […]

April 5, 2023

U.S. Transportation Secretary Pete Buttigeig was in New Mexico Tuesday where he talked with local leaders about the federal funding available for improving highway safety along busy wildlife corridors. It may seem like a funny photo-op to send a cabinet […]

February 10, 2023

Universal Logistics Holdings’ earnings grew on a slight decline in revenue during the fourth quarter of 2022, the company reported Feb. 9. The Warren, Mich.-based asset-light transportation and logistics company posted net income of $33.4 million, or $1.27 a diluted […]

December 6, 2022

A new study from the American Transportation Research Institute that assessed the infrastructure needs for converting the U.S. vehicle fleet to battery electric — with an emphasis on trucking — underscored that the challenges inherent in such a shift will […]

October 20, 2022

Knight-Swift Transportation Holdings Inc. saw mixed financials amid ongoing efforts to strengthen segment results during the third quarter, the company reported Oct. 19. Total revenue for the Phoenix-based truckload carrier increased by 15.5% to $1.9 billion from $1.64 billion. Net […]

October 19, 2022

J.B. Hunt Transport Services Inc. saw revenue and earnings increase as a result of strong segment growth during the third quarter, the company reported Oct. 18, besting analysts’ expectations. The Lowell, Ark.-based transportation and logistics company posted net earnings of […]

January 11, 2022

We supply chain professionals find ourselves in a completely different world than the one we operated in prior to 2020. For example, the ready availability of cheap freight capacity and the negligible inbound freight costs in COGS calculations have vanished. […]

October 20, 2021

A new white paper by MIT Technology Review Insights explores how the use of 5G and other digital cellular technologies can enable the decarbonization of three sectors: energy, manufacturing, and transportation. The white paper, “Decarbonizing industries with connectivity and 5G,” […]

April 28, 2021

Two of the key drivers of autonomous vehicle policy in Congress again touted its potential safety and economic benefits during a hearing with stakeholders. Sens. Gary Peters (D-Mich.) and John Thune (R-S.D.), authors of the most recent legislation pertaining to […]

February 3, 2021

The UK’s complete exit from the EU has been marked by mass confusion. Businesses of all sizes are struggling to grapple with the post-Brexit rules. The haulage industry is at the sharp end of this. With that in mind, Walker […]

March 21, 2018

NEW YORK, March 21, 2018 /PRNewswire/ — According to Stratistics MRC, the Global Automotive Telematics market is accounted for $19.06 billion in 2016 and is expected to reach $141.47 billion by 2023 growing at a CAGR of 33.2%. Increase in […]