Less-than-truckload carrier Yellow Corp. announced first-quarter earnings May 3 that missed Wall Street revenue and income expectations.

Federal Maritime Commissioner Carl Bentzel believes that the port bottlenecks that occurred during the peak of the coronavirus pandemic must be avoided during future emergencies.

Greg Hewitt, CEO of DHL Express U.S., says company leadership is doubling down on its GoGreen Plus program, with a goal of being a net-zero emissions company by 2050.

The North American Council for Freight Efficiency’s upcoming Run on Less program will focus on scaling electric trucks across a variety of market segments.

The merged Canadian Pacific Kansas City says in its first quarter together the new Class I railroad saw its income surge by 35% to C$800 million compared with C$590 million a year ago.

Norfolk Southern announced April 26 that the Feb. 3 freight train derailment in East Palestine, Ohio, cost the railroad $387 million, which impacted its first-quarter profit by 33.7%.

UPS Inc. reported first-quarter earnings that were lower than those the Atlanta-based company posted in the same period in 2022 and were mixed when it came to Wall Street expectations.

Class I railroad CSX Inc. on April 20 announced first-quarter earnings that beat Wall Street analysts’ expectations.

Union Pacific Corp. reported flat year-over-year income and slightly increased revenue for the first quarter of 2023.  

After nearly a year of negotiations, the International Longshore and Warehouse Union and port management’s Pacific Maritime Association have reached a tentative agreement on what the union described as certain “key issues.”