Daily Infographic: 2023 Top Women to Watch in Transportation

Bed Bath & Beyond filed for Chapter 11 bankruptcy protection on April 23 and is closing all 475 of its stores. COVID-era supply chain disruptions played a key role in the company’s demise. Now, the bankrupt retailer is pursuing tens of millions of dollars in claims against container shipping lines, which it alleges did not…

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Berkshire Hathaway’s Charlie Munger once famously said, “Every time you hear ‘EBITDA,’ just substitute the phrase ‘bullshit earnings.’” Public shipping companies in different segments highlight different earnings metrics. Tanker and dry bulk owners focus on adjusted net income. Listed container shipping lines often highlight adjusted earnings before interest, taxes, depreciation and amortization. EBITDA has been…

The backers of converting the Howard Terminal at the Port of Oakland in California into a mixed use development that would house a new baseball stadium for the Oakland A’s have won a significant court victory. A California Court of Appeals panel Thursday upheld a lower court ruling that held the environmental impact report (EIR)…

On today’s episode of WHAT THE TRUCK?!? Dooner is talking to SuperTrucker Justin Martin about the trucking market downturn turning 1 year old. We’ll hear the driver’s perspective of just how bad things may be. Also, should you get a company tattoo and what’s freight’s least favorite Easter candy? Estes Forwarding Worldwide acquired Legacy Logistics…

Amazon.com Inc. (NASDAQ: AMZN) said Thursday that it has more than doubled the capacity of its Disaster Relief Hub outside of Atlanta by pre-positioning 2.4 million relief items ahead of the 2023 hurricane season. The items will be distributed in the wake of natural disasters to nonprofits and other aid partners that quickly help impacted…