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The Wheeling & Lake Erie Railway — at 840 miles the largest independent regional railroad in the U.S. — is being acquired by FTAI Infrastructure in a billion-dollar deal, the …
Contract logistics provider GXO Logistics touted new business wins and slightly raised its 2025 outlook on Tuesday after the market closed. The Greenwich, Connecticut-based company cited increased int
Railcar builder FreightCar America reported adjusted net income of $3.8 million, or $0.11 per share, in the second quarter despite weaker revenue from lower deliveries, beating market estimates of $.0
Temperature-controlled warehouse operator Lineage Inc. said high food prices and tariff uncertainty are weighing on customer inventories. The combination pushed occupancy lower at its facilities durin
There’s been considerable discussion recently about how we use AI for content production at Firecrown across all our brands. Setting aside misrepresentations, we’d like to clarify how our team leverag
Air Lease Corp. has canceled its order with Airbus for seven A350 next-generation freighter jets, the company’s top executive said on Monday’s earnings call with analysts. Airbus quietly revealed tha
WASHINGTON — Legislation targeting China’s shipyard industry would also open U.S. domestic shipping trades to foreign operators, a practice currently barred by federal law. Introduced by U.S. Reps. E
Contract logistics provider GXO Logistics beat analysts’ second-quarter expectations on Tuesday after the market closed. Greenwich, Connecticut-based GXO (NYSE: GXO) reported adjusted earnings per sh
DHL express shipments fell sharply when the U.S. government recently eliminated a waiver on duties and fees for small-dollar shipments arriving from China and Hong Kong. Applying the new rule …
Fleetworthy Solutions and Motive have announced a new integration aimed at improving toll management capabilities for commercial fleets. The partnership brings together Fleetworthy’s Bestpass toll man
Expeditors International turned in a second quarter earnings performance that saw almost all key metrics higher than a year ago. The company’s revenues at $2.65 billion were up 9% from …
The Department of Energy/Energy Information Administration average weekly retail diesel price declined 0.5 cents/gallon to $3.80/g, effective Monday and announced Tuesday. It follows a decline the wee
Sue Lawless. Credit: FMCSA WASHINGTON — Former FMCSA Acting Deputy Administrator and Chief Safety Officer Sue Lawless will be joining Indianapolis-based Scopelitis, Garvin, Light, Hanson and Feary in
The logistics industry continued to expand in July, but the transportation market remains stuck in a “holding pattern,” according to a monthly survey of supply chain professionals. The Logistics Mana
PrimeFlight Aviation Services has acquired the cargo handling operations of StratAir, an international freight forwarder that has decided to focus on its core business, expanding its footprint and bus
A case involving in-cab video company Lytx and the closely-watched Illinois state law on biometric surveillance is coming to an end with a judge’s recent approval of the settlement reached …
The owner and operator of the container ship involved in a deadly Baltimore bridge collapse in March 2024 are suing the ship’s builder, alleging a defective control panel design caused …
Pamt Corp., formerly Pam Transportation Services, announced on Monday that Chief Financial Officer Lance Stewart will become president and CEO effectively immediately. Stewart has also been appointed
The fallout from the ongoing demise of the California Advanced Clean Truck (ACT) rule is picking up more controversy as environmental groups are asking key engine industry companies and their …
Matson said earnings were hit by U.S. tariffs on China and said that an expected recovery of trans-Pacific trade won’t equal year-ago volumes. The U.S.-flag carrier (NYSE: MATX) reported revenue …
