News
SONAR gives premier look inside shipper data consortium
FreightWaves SONAR hosted a webinar Wednesday discussing its new shipper data consortium with Charles Odom, director of logistics at Halliburton. Supply Chain Organizational Reporting Engagement (SCORE) has been designed to…
C.H. Robinson Q3 earnings: First look
C.H. Robinson reported third-quarter earnings on Wednesday. Here are some highlights. C.H. Robinson (NASDAQ: CHRW) management has been touting sequential improvements at the 3PL, because year-on-year comparisons remain weak.…
XPO Net Income Climbs 10% on Strong LTL Pricing in Q3
XPO’s North American LTL segment, its core operation, increased revenue by 1.9% to $1.25 billion from $1.23 billion last year despite declines in shipment volumes.
Werner Revenue and Profit Decline on Q3 Market Struggles
The Omaha, Neb.-based carrier’s Q3 net income fell 72% to $6.6 million, or 11 cents per share, compared with $23.7 million, 37 cents, a year ago.
Biden Again Calls on Congress to Support Baltimore
President Joe Biden urged lawmakers to approve funds for rebuilding the Port of Baltimore area during Congress’ post-election work period.
PepsiCo to Close Four US Bottling Plants, Cut 400 Jobs
The news follows PepsiCo's confirmation of the Chicago plant's full closure earlier in the week. Sales, delivery and warehouse functions will continue at the other three locations.
CISA Issues Global Cyber Plan to Protect US Infrastructure
CISA released an international plan outlining steps to work more with overseas stakeholders to better safeguard online interconnections with the U.S. supply chain.
Millions in funding for key Montreal port commodity
The Montreal Port Authority has received CA$12.5 million ($8.99 million) from the government of Canada as part of the National Trade Corridors Fund (NTCF) for a project to redevelop and upgrade grain containerization…
Texas driver honored as TCA Highway Angel for saving lives in Helene aftermath
The Truckload Carriers Association named a Texas truck driver a Highway Angel after he used his trailer to keep people alive during the aftermath of Hurricane Helene. Michael Dorsey, 56, of Kingwood, had just finished loading…
Kuehne+Nagel adopts new Amazon air cargo service for China e-commerce
Kuehne+Nagel is pleased with how Amazon’s new wholesale air cargo service is helping the world’s largest freight forwarder by volume ship e-commerce packages from China to the United States, says CEO Stefan Paul. …
