Logistics

Air Transport Services Group said Thursday it will begin procuring Airbus A330 passenger jets and convert them into freighters as part of a broader strategy to expand its leasing business in support of express network operators that need bigger fleets to keep up with volume growth. The announcement...

Truck transportation jobs continued a steady rise in July, according to data from the Bureau of Labor Statistics, with the not-seasonally adjusted figure again growing at a faster rate than the seasonally adjusted number. Economists generally look to seasonally adjusted data as being more...

Amit Mehrotra of Deutsche Bank joined host John Kingston for the Drilling Deep podcast to talk about the just-completed earnings season.  A few companies are on his discussion list: Saia (NASDAQ: SAIA), Old Dominion Freight (NASDAQ: ODFL), and Kansas City Southern (NYSE: KSU), among others. He...

Uber stock was up about 2.5% in early trading on Thursday, just hours after a pullback following the company's Q2 earnings release. Uber missed on analyst estimates for both revenue and EPS, due in part to driver shortages in its ride-hailing business, while rival Lyft reported a huge quarter — but...

Trimble Navigation Ltd. on Wednesday reported second-quarter revenue of $945 million, a 29% increase compared to the same period last year. The company posted quarterly earnings of 72 cents per share on a net income of $138.9 million. Trimble topped analysts' estimates for the second quarter,...

The holding company of flatbed transportation and logistics provider PS Logistics announced it has purchased the transportation assets of Patriot Transit LLC and Patriot Logistics LLC. Patriot is a privately owned interstate trucking and logistics provider that specializes in flatbed shipping...

Cold storage warehouse operator Lineage Logistics LLC said Wednesday that it has acquired Hanson Logistics, which operates four public warehousing facilities in Michigan and three in Indiana, for an undisclosed sum. The transaction gives Novi, Michigan-based Lineage an operational foothold in its...

Warehouse automation is the key to meeting the increasingly stringent demands placed on shippers, but simply adding automation may not be enough. Fully automated warehouses may have some restrictions when it comes to flexibility and the ability to adjust on the fly. That's why many robotics...

Elroy Air's autonomous, vertical takeoff and landing (VTOL) cargo aircraft, the Chaparral, has caught the attention of investors, including Lockheed Martin. That company's venture capital arm and others were involved in Elroy Air's Series A raise announced on Wednesday. The company reported it had...

Global parcel delivery giant DHL Express placed its first order for electric cargo jets, becoming an early airline adopter of alternative propulsion systems that address broader sustainability concerns while supporting e-commerce deliveries. The aircraft appear well suited for the on-demand, e-...

Drone delivery bulls took a hit after news of Amazon's (NASDAQ: AMZN) floundering U.K. drone operations broke on Tuesday, but plenty of smaller players are still working to bring drones to U.S. cities. The latest locale? Phoenix. South Korea-based Pablo Air announced Wednesday the expansion of its...

When it comes to warehouse innovation, automation is the hot trend. But what other technologies — or design — could increase accuracy, speed and throughput? The answer is, no one really knows, but cloud supply chain technology company STORD intends to find out. The Atlanta-based company announced...

  To view more FreightWaves infographics, click here. Image by 3282700 from Pixabay

Engine maker and power distribution company Cummins Inc. reported a widespread recovery in Q2 sales and income across the board as it topped analyst estimates for revenue and income. "The strength of the order board reflects robust underlying demand in many of our markets which is remarkable...

Transport Canada has approved modifications to some of the rules governing freight rail switching operations so that operations are "as safe as possible for railway employees and for people living close to railway lines." The federal agency, working with the rail industry, made some "necessary"...