transportation

Historically heavy rainfall in the Midwest region of the United States has contributed to surging prices of agricultural commodities in more ways than one. Breached levies and flooded fields prevented farmers from planting their crops and also disrupted barge and rail traffic, preventing stockpiles...

The numbers of robots in use around the world has tripled to 2.25 million over the last 20 years and is forecast to reach 20 million by 2030, according to consultants Oxford Economics. In its report "How robots change the world – what automation really means for jobs and productivity," the...

More numbers have emerged on exactly how quickly Amazon.com, Inc.'s (NASDAQ: AMZN) disruption of the transportation and logistics is proceeding. On Thursday, Rakuten Intelligence reported that in the months of March and April Amazon carried as much as 45 percent of its own shipments. Rakuten...

Uber Technologies Inc (NYSE: UBER) is in talks with the Lagos state government and regulatory authorities to start Uber Boats services on its waterways, Bloomberg reported today. Uber's water service division, which started operating in Mumbai this past winter, points to broader interest in using...

It is highly unlikely that Congress will pass a federal surface transportation reauthorization bill before the 2020 Presidential election, leaving the current five-year law known as the "FAST" Act will expire as scheduled on Sept. 30, 2020, and forcing the federal Highway Trust Fund that pays for...

Singapore-based passenger transport giant ComfortDelGro has invested in three startups in the areas of on-demand bus technology, fleet management and autonomous vehicle safety testing, the company announced on Tuesday, June 4. The early-stage investments are the first to be made by ComfortDelGro...

The boom in online buying is again forcing a big shipper to expand its service, and that's going to mean more cost. FedEx Corporation (NYSE: FDX) announced on Thursday ground-parcel delivery unit FedEx Ground will add Sunday delivery, starting in January. The move comes just months after FedEx...

CSX Corporation (NASDAQ: CSX) said Tuesday afternoon CFO and executive vice president Frank Lonegro will leave the company after 19 years of service. The announcement could be seen as surprising in some ways and in other ways not so, according to Morgan Stanley. The Analyst Morgan Stanley's...

At the International Transport Forum 2019 held in Leipzig, Austria, Elaine L. Chao, the Secretary of the U.S. Department of Transportation, spoke at a plenary session on the relevance of futuristic technology in the transportation space. Chao initiated the discussion by stating that the U.S. is...

Quantum computing's advocates – there about 25 companies currently studying it – believe the technology heralds a massive improvement over the advanced systems that are becoming mainstream today. For transport and logistics, quantum computing's promise of solving ultra-complex...

Canada's economy contracted by 0.1 percent in February, which included the single worst drop in the transportation and warehousing sector in nearly eight years. The gross domestic product data from Statistics Canada, released on April 30, followed an unexpectedly strong January of 0.3 percent...

  Truck drivers for the flatbed truckload carrier, Falcon Transport of Youngstown, Ohio, said they received emails late April 27 stating the company was shuttering operations effective immediately. The carrier has 723 trucks and nearly 585  drivers, according to the Federal Motor...

As urban spaces keep expanding their boundaries due to a steady population influx, they are faced with increased road congestion as more vehicles take to the streets. Though some states and cities are combating this congestion by enforcing regulatory restrictions on older and/or highly polluting...

Marten Transport, Ltd. (NASDAQ: MRTN) posted its best-ever first-quarter operating revenue, operating income and net income in the company's 74-year history in the first quarter of 2019, the company said in its April 16 earnings release. The Mondovi, Wisconsin-based truckload carrier...

Transportation and logistics company J B Hunt Transport Services Inc (NASDAQ: JBHT) reported Monday with a top- and bottom-line miss in the first quarter — results that have Morgan Stanley questioning whether they represent a "reality check" for the transportation...