Management from logistics real estate investment trust Prologis Inc. (NYSE: PLD) on Monday raised the company’s 2021 rent growth forecast by 40 basis points to 10.3% in the U.S and by 300 bps to 8% globally. Rents in the U.S.…
Net Zero Carbon is sponsored by Norfolk Southern. Norfolk Southern isn’t just in the business of moving freight, they’re in the business of a better planet. To learn more about Norfolk Southern’s industry-leading sustainability initiatives, go to nscorp.com/betterplanet. Convoy co-founder…
A Boeing 787 Dreamliner being operated by British Airways for a dedicated cargo-only flight to Frankfurt, Germany, fell on its chin last week during preflight maintenance when a procedural mistake caused the nose landing gear to collapse at Heathrow London…
Just when you thought Uber Technologies Inc. (NYSE: UBER) had perhaps put too many eggs in its basket, it’s putting eggs in consumers’ baskets – straight from the grocery store. The company on Monday announced its largest grocery expansion since…
FreightWaves Classics articles look at various aspects of the transportation industry’s history. If there are topics that you think would be of interest, please send them to fwclassics@freightwaves.com. The many industries that make up the world of freight have undergone…
In another sign that the pool of employees is getting tight up and down the supply chain, the American Trucking Associations is seeking a rule change to enable more supply of an overlooked part of how all the moving parts…
For eight decades (1900-1980), White Motor Company was a mainstay of American automobile, truck, bus and agricultural tractor manufacturing. A White Motor Company tanker truck. (Photo: National Park Service) 1924 white motor company wrecker. Jim Allen/FreightWaves @ Iowa 80 Trucking…
North Liberty, Iowa-based truckload carrier Heartland Express reported an 8.1% year-over-year decline in second-quarter revenue (excluding fuel) Monday. Earnings per share were in line with analysts’ expectations at 26 cents. Even with the top-line weakness, Heartland Express (NASDAQ: HTLD) recorded…
The Federal Aviation Administration has suspended the operating authority of Honolulu-based Rhoades Aviation after one of its Transair cargo jets crash-landed in the ocean early this month. The agency said safety investigators had been looking at the company since last…
Today’s shippers have found themselves grappling with a variety of secular tailwinds, namely e-commerce growth, automation and outsourcing. While each of these factors existed before the coronavirus pandemic rocked the logistics industry last year, the impact of a global pandemic…
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