More people are switching to slower delivery options to save money, and profits at FedEx Corp. and UPS Inc. are getting squeezed.
IN TEXAS ABOARD UNION PACIFIC’S BIG BOY TRAIN — Jim Vena wants you to have a kolache. In fact, the chief executive of Union Pacific, the largest U.S. railroad, wants everyone to have the Czech-Slovak fruit-filled pastry!-->…
Brant Nystrom, Lexmark laureate, sat down with Timothy Dooner to discuss the latest developments in Lexmark’s deployment of AI in truck operations. Lexmark’s new Optra Edge executes AI applications at the point of need to!-->…
The air cargo sector has entered the busy season for cross-border shipping on a remarkable nine-month run, and logistics experts say the momentum will carry into the first quarter of 2025, a time of year when volumes!-->…
2025 will be a pivotal year for the Food & Beverage industry—are you ready? Join industry expert and author Jack Payne for an exclusive webinar unveiling the top trends poised to shape the future of the food and beverage!-->…
This story originally appeared on Trains.com. JACKSONVILLE, Fla. — CSX faces more than $200 million in reconstruction costs as a result of Hurricanes Helene and Milton, and the income impacts of the storms will be felt in!-->…
Reefer and dry van markets diverging (Chart: SONAR) Showing signs of capacity tightening, the reefer tender rejection rate has risen to 14% while the dry van market remains muted at 5%. Spiking reefer tender rejection rates!-->…
TriumphPay, the payments and processing arm of Triumph Financial, turned in a positive EBITDA for the third quarter for only the second time in its history. Positive earnings before interest, taxes, depreciation and!-->…
Deere said it boosted its workforce when demand surged during the COVID-19 pandemic, which roiled supply chains, only for the farm economy to start slowing.
JACKSONVILLE, Fla. — CSX Corp. reported third-quarter operating income of $1.35 billion with net earnings of $894 million, or 46 cents per diluted share, in financial results announced Wednesday. Those results compare with!-->…
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