Amazon reported robust third quarter financials on Thursday, handily surpassing Wall Street estimates. The company’s transition to a regional fulfillment and delivery model drove improved efficiency and cost savings. Earnings…
U.S. trucking companies incurred a record-high $94.6 billion in congestion costs in 2021, a 22.4% increase from 2020, according to a new report by the American Transportation Research Institute (ATRI)….
Managing a global supply chain is no walk in the park. It’s a high-wire act with no safety net, where one misstep could bring your entire operation crashing down. The…
LTL carrier Estes Express has now restored all systems and resumed normal operations after suffering a significant cyberattack in early October. According to Estes Express President Webb Estes, the company’s…
Averitt Express and Old Dominion Freight Line took top honors in Mastio & Co.’s 2023 survey of less-than-truckload (LTL) carriers in the United States. The annual report provides unique insights…
Logistics company Estes Express Lines continues working. Due to this, they can fully recover operations after a major cyberattack earlier this month halted key systems. The attack’s precise start date…
Financial Results Disappoint but Outlook Improves Knight-Swift Transportation reported lower third quarter earnings that missed last year’s performance but exceeded reduced Wall Street forecasts. Adjusted earnings per share declined 86…
Mexican Manufacturing Becomes a Magnet for Foreign Investors Mexico is experiencing a wave of foreign direct investment as global supply chains increasingly shift production closer to the United States. The…
Flock Freight Soars Through 2023 Headwinds as Leaders Eye Clear Skies Ahead Despite challenges in 2023’s soft freight market, logistics startup Flock Freight has continued improving its tech and expanding…
Dreaming of expanding your business globally? But feeling lost navigating the complex world of international shipping? Don’t sweat it! Freight forwarders are here to guide you. These logistics wizards can…