LOUISVILLE, Ky. — Alaska Airlines will take advantage of two new Boeing 737-800 converted freighters to open its first dedicated cargo service south of Seattle, starting in April, said Adam Drouhard, managing director for cargo. The newly modified aircraft will help Alaska Air Cargo broaden its market reach in Alaska, speed up deliveries and reduce…
Contract logistics provider GXO Logistics Inc. reported adjusted fourth-quarter earnings of 70 cents per diluted share, just beating consensus estimates of 69 cents per share. The company also guided to a range of $2.70 to $2.90 per share for 2024, up from $2.59 in 2022, and said top-line growth will likely fall around the midpoint…
The Federal Railroad Administration is warning rail workers about the dangers of rolling equipment following the death of a Norfolk Southern worker last week in Alabama. The incident happened just after 5 p.m. on Feb. 5 in Decatur, Alabama, when 55-year-old train engineer Chris Wilson, a 30-year veteran, died after several uncontrolled train cars crashed…
Angela Chao, the CEO of New York-based shipping company Foremost Group, has died in a car accident at the age of 50, according to a news release. “It is with deep sadness that Foremost Group announces the passing of Angela Chao in a tragic car accident. Angela Chao was a formidable executive and shipping industry…
Why do international supply chains suddenly feel like a reboot of “It’s a Mad, Mad, Mad, Mad World” or a blood sport version of “The Amazing Race”? For those who haven’t witnessed the former, it was a 1963 gargoyle of a movie. I say “witnessed” because you don’t exactly “watch” “It’s a Mad, Mad, Mad,…