08 Feb Increase in Online Shopping Spurs Innovation for Shipping Packaging Effective shipment packaging relies as much on science and engineering as it does diligence and common sense. Matching the right box for the product and properly securing palletized shipments is crucial in the physically challenging environment of a less-than-truckload or parcel network. Read more...
08 Feb US Dockworkers May Get Better Vaccine Access Dockworkers at the busiest U.S. gateway for trade with Asia soon may have better access to coronavirus vaccines, as officials on the West Coast battle congestion blamed on shortages of labor and equipment needed to handle a record influx of cargo. Read more...
08 Feb Mississippi Transportation Commission Issues Funding for Port Improvements The Mississippi Transportation Commission recently awarded approximately $768,000 in multimodal funding to enhance port operations in the western part of the state. Read more...
08 Feb Daimler Restructuring ‘Dream Come True,’ Martin Daum Says The head of Daimler’s global truck operation believes the upcoming restructuring into a separate company positions it to accelerate growth in terms of both innovation and financial opportunity. Read more...
08 Feb Hub Group’s Revenue Rises, but Charges Suppress Earnings Revenue increased but profit fell at Hub Group in the fourth quarter as it took charges to increase insurance claim reserves and to close an office. Read more...
05 Feb CEO Hawkins Says Yellow Well-Positioned as Economy Improves With hundreds of new tractors and trailers already purchased and more on the way, the company formerly known as YRC Worldwide is poised to be highly competitive in the LTL freight sector, according to its CEO. Read more...
05 Feb ABF Freight’s Tim Thorne Gets Service Award Tim Thorne, president of ABF Freight, ArcBest’s less-than-truckload carrier, was honored with the 2020 Herbert Metzger Service Award from the Dixon Center for Military and Veterans Services. Read more...
05 Feb Oil Extends Weekly Gain; Brent Pushes Toward $60 a Barrel Oil set a fresh one-year high in New York with continued producer supply curbs helping spur strength everywhere from physical markets to the futures curve. Read more...
05 Feb Prime Inc. Donates More Than $200,000 From Canceled Events to Charities Prime Inc. donated a large portion of funds from its canceled 2020 company events to several charities. Read more...
05 Feb Universal Logistics Reports $16.2 Million Profit for Q4 2020 Universal Logistics Holdings Inc. on Feb, 4 reported its highest fourth-quarter earnings on record. The asset-light transportation and logistics company posted net income of $16.2 million, or 60 cents per diluted share, Read more...