Port of Los Angeles announces deal to lease shipyard to Space X for rocket construction.
House committee clears export control bill
H.R. 5040 would increase congressional oversight over executive branch implementation of export control regulations.
Countdown on for warehouse drone launch
Geodis, Delta Drone say their product for automated inventory tracking will be operational by the end of the year.
Ag secretary slams ‘ludicrous’ sorghum duty
The U.S. government, along with the nation’s sorghum producers, are questioning the basis for China’s decision to impose a 178.6 percent antidumping duty on these imports from the United States.
CSX reports nearly double net earnings
The first in its class to release Q1 results, the railway reported a 4 percent year-over-year decline in volumes and a sharp drop in headcount.
Executive Moves: Premium Transportation, Wolfe
Premium Transportation Logistics names president, while Wolfe Research appoints new managing director.
EU builds case against metals tariffs
The EU is fighting U.S. tariffs set to take effect May 1 through the World Trade Organization safeguards consultation process.
J.B. Hunt misses on Q1 earnings
The Lowell, Ark.-based intermodal and trucking provider saw its profits climb 15 percent to $118.1 million as revenues and intermodal volumes increased 19.6 percent and 6 percent, respectively.
XPO expands North American headcount
The world’s second-largest contract logistics provider added about 5,000 jobs to its supply chain network during the first quarter.
PIL sees positive propulsion continuing
After 2017 profit, carrier will “continue to explore growth in the transpacific trade despite being a minor player.”