Profits at Schneider in the third quarter of 2023 slumped 72% year-over-year in what the company believes was the most challenging phase of the ongoing freight recession.
Category: News
About Us: Transport Topics Top 50 Global Freight Companies
The Transport Topics Top 50 Global Freight Companies is a listing of the largest package, truck, rail, air and ocean carriers in the world.
Amazon’s Logistics Business Tops 2023 Global Freight List
Despite enduring a cooldown in international trade, most of the world’s largest transportation and logistics providers continued to grow their businesses in 2022.
Port Authorities Look to Make the Right Adjustments
In efforts to improve the supply chain system, U.S. port operators are utilizing advancements in infrastructure and technology to accommodate bigger ships and manage more cargo.
Air and Ocean Freight Deal With Fluctuating Volumes in 2022
2022 saw an eastern shift in container shipping within the United States, while airfreight volumes dipped across North America.
Work Begins on $16.1 Billion New York-New Jersey Tunnel
The $16.1 billion, long-delayed, once-canceled effort to build a new rail tunnel linking New York and New Jersey is officially starting construction after more than a decade of false starts.
AI, COVID Created a New Normal for the Supply Chain
HOUSTON — A supply chain expert said the arrival of open-source artificial intelligence just as the global economy was emerging from the pandemic created turbulent economic conditions.
TeraWatt Breaks Ground on First Heavy-Duty Truck Facility
TeraWatt Infrastructure broke ground Nov. 2 on its first heavy-duty electric truck charging site in California, the company said.
Job Growth Slows in October, but Still Sturdy at 150,000
WASHINGTON — The nation’s employers slowed their hiring in October, adding a modest but still decent 150,000 jobs, a sign that the labor market may be cooling but remains resilient.
Biden Administration Awards $653 Million to Upgrade Ports
WASHINGTON — The Transportation Department on Nov. 3 awarded $653 million in grants to upgrade and improve 41 water-based ports across the United States.