Logistics

Rival Canadian suitors CN (NYSE: CNI) and Canadian Pacific (NYSE: CP) are seeking to win the hearts of the shareholders of Kansas City Southern (NYSE: KSU). CN said Saturday that it will be engaging with the board of directors of Kansas City Southern (KCS) over its acquisition proposal. Last...

As longshoremen began a general strike at the Port of Montreal on Monday, Canada's federal government was moving quickly to intervene to force them back to work, citing the disruption to the supply chain.    The 1,150 members of the Canadian Union of Public Employees Local (CUPE) 375 began the...

Shortline operator OmniTRAX is working with the River Ridge Development Authority of southern Indiana to develop the River Ridge Commerce Center. The center, located near Louisville, Kentucky, where it has access to several transportation modes. It connects directly with CSX (NASDAQ: CSX) and is...

Though well behind Mexico, China ranks second for international trade at the three largest United States-Mexico border crossings in Texas: Laredo, El Paso and Pharr. Its status on the border is buoyed by imports of auto parts, cellphones, electrical circuit boards and other goods, say public...

Lufthansa Cargo (DXE: LHA) is moving forward with the modernization and expansion of its logistics center at its Frankfurt Airport hub in Germany. The airline this week signed a contract Biechert Automation GmbH & Co. to build a central high-rack storage system with automated pallet storage and...

E-commerce shipment tracking platform AfterShip has landed a $66 million Series B round of funding led by Tiger Global Management. The company previously raised a $2 million Series A1 in 2019 led by 10Fund and a $1 million Series A in 2014 led by China's IDG Capital Partners, according to data...

By Byron L. Dorgan, retired U.S. senator from North Dakota Making an exception is different than changing one's mind. That's how I came to the conclusion that, although I have been a strong and relentless critic of mergers by big Class I railroads, the recently proposed merger by Canadian Pacific...

Earth Day — a day when consumers, investors, companies and governments recognize the importance of a healthy environment — will naturally lead more companies to share sustainability goals. From sustainability survey results to greener buildings and improved environmental biodiversity, here are...

Sweden's Volvo AB (OTC: VLVLY) expects to take two to four weeks of manufacturing downtime this quarter as a shortage of microchips worsens. Ironically, a strike by 2,900 workers at Volvo's only manufacturing plant in North America could help the company move chips to other plants and forestall...

The transportation industry is primed for uncertainty and well accustomed to chaos, but virtually every segment of the industry has experienced growing pains as consumer demand roared back to life in a new, recovering economy. Trucking capacity is tight and getting tighter. Multiple U.S. ports...

Food waste in the United States is estimated between 30% and 40% of the total food supply, according to the U.S. Department of Agriculture (USDA). USDA's Economic Research Service estimated the loss at 31% at the retail and consumer levels. There are a number of reasons for food loss – from...

Less-than-truckload carrier Old Dominion Freight Line (NASDAQ: ODFL) reported first-quarter earnings per share of $1.70, 12 cents better than the consensus estimate and significantly ahead of the year-ago result of $1.11. The Thomasville, North Carolina-based company reported a 14.1% year-over-...

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Following a $12 million funding round announced in February, SmartHop is moving forward quickly with new hires and the expansion of its services. The company, which uses artificial intelligence to deliver smart load recommendations, full-service back-office support and fintech products for small...

The nation's largest truckload carrier, Knight-Swift Transportation (NYSE: KNX), posted a better-than-expected first-quarter Wednesday. The Phoenix-based company reported adjusted earnings per share of 83 cents, 13 cents ahead of consensus and 39 cents better than the year-ago quarter. The quarter...