Latest posts about E-commerce
Page 22 of 48 pages.
With the U.S. back in the Paris Agreement, the heavy lifting on emissions reduction is beginning
February 16, 2021
As for steps taken on the climate front early into the Biden presidency, things are moving at a rapid clip, with the U.S. having rejoined The Paris Agreement in late January, as well as renewing the nation’s focus on climate change, issuing an executive order focused on addressing the climate crisis at home and abroad.
U.S. rail carload and intermodal volumes are mixed for the week ending February 6, reports AAR
February 12, 2021
铁路carloads-at 226393——2.5%,intermodal trailers and containers—at 269,422—saw a 2.2% annual gain.
XPO logistics reports strong Q4 earnings results
February 11, 2021
Quarterly revenue—at $4.7 billion—was up 13% annually, setting a record for the company, and operating income—at $228 million—was up 11%. EBITDA—at $449 million—topped Wall Street estimates by 10%, or $42 million, for its fourth-best quarter ever.
Activist investor launches proxy battle with Forward Air over Board seats
February 11, 2021
In the letter, Ancora explained that the Forward Air Board of Directors “must be significantly reconstituted to address the Company’s prolonged stock price and operating underperformance, which Ancora believes has been largely driven by the Board’s poor operational oversight, ineffective capital allocation strategy and failure to optimize the Company’s balance sheet.”
New online dashboard from C.H. Robinson helps shippers navigate global logistics issues
February 10, 2021
The dashboard provides shippers with a one-stop shop, of sorts, in the form of market trends, capacity, and pricing across all regions and modes.
COVID-driven e-commerce paces record Q4 industrial & logistics real estate activity, reports JLL
February 9, 2021
In its “United States Industrial Outlook - Q4 2020,” JLL explained that increased e-commerce activity translated into what it called a steep rise for warehouse space.
ODFL adds nine new service centers to its LTL portfolio
February 8, 2021
Company officials said that these new and renovated service centers strategically placed for operational efficiency and are aligned with the OFDL’s long-term strategic plan, noting that the investment in each market will support capacity needs, improve shipping time and enhance delivery flexibility, allow ODFL to better serve customers as demand continues to grow amid the COVID-19 pandemic.
U.S. rail carload and intermodal volumes are mixed in January, reports AAR
February 5, 2021
Rail carloads—at 930,303—were off 2.1%, or 19,799 carloads, annually, and intermodal containers and trailers—at 1,173,220—were up 12.1%, or 126,548 units.
Newly renamed Yellow Corp. cuts yearly loss in half to $53.5 million
February 4, 2021
Yellow is making progress toward profitability. It still suffered an $18.7 million loss in the 2020 fourth quarter, but cut its annual losses nearly in half to $53.5 million, compared with a $104 million loss in 2019. That latter figure included $11.2 million loss on extinguishment of debt associated with a refinancing of the Company’s term loan agreement.
CBRE report shows record data for Q4 and full-year 2020 industrial & logistics real estate
February 4, 2021
The report, entitled “Q4 2020 U.S. Industrial & Logistics Real Estate Figures,” observed that the fourth quarter represented the strongest quarter on record, adding that it capped off a year of robust demand, with the outlook for 2021 looking very healthy.
Transfix heralds new enhancements with Fleet Planner 2.0
February 4, 2021
Transfix has rolled out upgrades to Fleet Planner, a free online tool that provides small- and mid-sized carriers access to a centralized platform for various tasks, including managing fleets, streamlining operations, and scaling their business, among other tasks, which was introduced by the company in early October.
Economic services activity begins 2021 with growth, reports ISM
February 3, 2021
The reading for the report’s key indicator—the Services PMI (formerly the Non-Manufacturing PMI)—came in at 58.7 (a reading of 50 or higher indicates growth is occurring)—marking a 1.0% gain over December.
UPS turns in strong Q4 and full-year 2020 earnings
February 2, 2021
Quarterly revenue, at $24.9 billion, increased 21% annually, and adjusted earnings per share, at $2.66, was up 26.1% compared to a year ago, far outpacing Wall Street expectations, at $2.10. Quarterly operating profit was up 26% to $2.87 billion, setting a new company record. And for the full-year 2020, revenue rose 14.2% to $84.6 billion, and operating profit was up 7% to $8.71 billion.
Despite declines, manufacturing growth remains strong in January, reports ISM
February 1, 2021
In its monthly Manufacturing Report on Business, ISM said that the report’s key metric, the PMI, came in at 58.7 (a reading of 50 or higher indicates growth), which was 1.8% below December’s 60.5, with both the PMI and the overall economy each growing, at a slower rate, for the eighth consecutive month. The January PMI reading is 5.6% above the 12-month average of 53.1.
康沃变频器y’s debut ‘Freight Insights Report’ offers up wealth of applicable data for shippers
February 1, 2021
Saying just “data” does not really come close to presenting how replete this report’s findings are, with Convoy explaining it includes data from millions of pickups and deliveries, with more than 1,000 unique data points collected on each shipment and more than 50 terabytes of freight data.