News

Freight broker Landstar System missed third-quarter expectations Tuesday after the market closed. Earnings per share of $1.41 were 4 cents below the consensus estimate and at the low end of management’s guidance range of…

Werner Enterprises’ third-quarter earnings did not meet consensus estimates on revenue or the bottom line, and its operating ratio declined from a year ago. Here are some of the highlights. Werner’s (NASDAQ: WERN) call with…

Total intermodal volume in the third quarter increased 9.8% year over year as international containers gained 15.4% and domestic containers were 6% better. Trailers fell 11%, according to the Intermodal Association of North…

Since May, the independent subsidiary of Daimler Truck has been conducting fully driverless truck tests at up to 65 mph on a multilane test track in Texas, the company revealed Oct. 29.

Most of the money will go to track and bridge upgrades. Some will be used to bolster training and explore cleaner-burning alternatives to the diesel the rail industry has long relied on.

The Alpharetta, Ga.-based company is working with advisers as it seeks to gauge interest from potential buyers, according to sources who asked not to be named.

Lufthansa Cargo on Tuesday announced it has expanded into the trans-Pacific market with the introduction of direct freighter service from Vietnam to the United States and that business continued to recover in the third…

WASHINGTON — The Biden administration has released $3 billion in funding aimed at cutting pollution at U.S. ports, with roughly half of that going to electrify some of the country’s largest container operations. Of the 55…

A business pact to form a container service between Indiana and Ireland was signed recently by officials from the Ports of Indiana and Port of Cork.

The U.S. General Services Administration awarded a $275 million contract to create a large commercial border crossing in Arizona to facilitate bilateral trade with copper mines in Mexico.