Quarterly revenue was up 11.2% at $18.8 billion, while earnings per share at $1.67 topped Wall Street estimates of $1.67, and full-year earnings per share at $6.01, with full-year revenue up 8.2% annually at $65.8 billion.
The report’s key metric, known as the PMI, was 59.1 (a reading of 50 or higher indicates growth) in January, which was down 0.2% from December’s reading. This marks the 17th straight month that the PMI has grown, with the overall economy growing for the 104th consecutive month.
Both fourth quarter and full-year 2017 intermodal volumes turned in strong performances, according to data in the most recent edition of the Intermodal Market Trends & Statistics Report, which was released by the Intermodal Association of North America (IANA).
Industry experts agree that costs across all sectors worldwide will continue to rise in 2018, and the most successful shippers will be those that are able to mitigate their impact on profitability. And, the right technology will play an increasingly vital role in driving efficiencies across the global logistics network.
In a world awash in cyber threats, partners and suppliers can be the vulnerable points that cyber criminals exploit to gain access to systems. Those challenges will get worse before they get better as supply networks become ever more complex. As a matter of urgency, business leaders must proactively balance cyber risks against opportunity, growth…Details
As more and more shippers finally turn to technology to help them tackle their most pressing global trade issues, the software sector that supports it is looking ahead and figuring out what lies around the next corner.
One year after he first promised to make America’s highways great again, President Donald Trump again is touting what at first glance appears to be a bold $1.5 trillion infrastructure program. And once again, he makes no concrete way of paying for it. In his State of the Union address last night, Trump asked Congress…Details
Former DOT Secretary James Burnley shared his perspective on President Trump’s comments during last night’s State of the Union speech regarding United States infrastructure planning.
Hedging your bets on securing capacity may be an ongoing gambit this year, say ocean shipping industry experts. The big players have only gotten bigger, but that’s no guarantee that service and reliability will improve.
After two years of sluggish sales, ADC suppliers saw their sales increase as a growing number of companies turn to ADC to accommodate the demands of e-commerce and omni-channel.