Trailer parking near the ports of Los Angeles and Port of Long Beach is notoriously constrained and it is likely to get worse. Hoping to gain customers who struggle with this issue, some real estate developers are taking a new approach. Finding adequate facilities to park trucks and store shipping containers is difficult throughout the…
E-commerce giant Amazon reported better-than-expected earnings and revenue for the first-quarter, driven by tweaks in its logistics operations, as well as growth in its advertising and cloud computing units, according to Amazon CEO Andy Jassy. “Delivery speed really matters to customers and we’ve continued to get faster while improving our safety performance,” Jassy said during…
Werner Enterprises said Tuesday the end of the downcycle appears to be getting closer. With a first quarter marked by inclement weather and higher insurance expenses in the rearview, it expects normal seasonal trends to take hold the rest of the year. Werner (NASDAQ: WERN) reported first-quarter net income of $6.3 million compared to $35.2…
WASHINGTON — Lawmakers officially kicked off efforts to mitigate — if not derail — the Biden administration’s latest push to electrify the trucking industry during a hearing on Capitol Hill designed to spotlight challenges to powering up an electric grid capable of meeting the zero-emission timeline unveiled by federal regulators in late March. The hearing…
U.S. Customs and Border Protection officers at two California ports seized some 2,300 baby and children’s products that authorities say violated child safety standards. Officers with the Los Angeles and Long Beach Seaport’s Merchandise Enforcement Team intercepted four shipments from China in late January and early February, where they discovered “suspicious” items concealed in legitimate…