Logistics Industry News
A collection of Logistics latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Planning Commission to consider massive logistics, industrial park in Zachary
Plans for a 3-million-square-foot logistics and industrial park in Zachary are set to go before the East Baton Rouge Parish Planning Commission in December. Ambrose, an Indianapolis-based industrial developer, wants to build the park on a 217-acre…
Logistics CEO: Hormuz rerouting will raise consumer prices - TT
An employee at the DP World container berth at the Port of Brisbane, Australia. (Eric Taylor/Bloomberg News) DP World CEO Yuvraj Narayan warned prolonged Strait of Hormuz disruption is raising logistics costs and could drive consumer prices higher…
Covenant Logistics Group, Inc. (CVLG) Q3 2026 Earnings Call Transcript
Covenant Logistics Group, Inc. (CVLG) Q3 2026 Earnings Call October 30, 2026 10:00 AM EDT James Grant - Executive VP, CFO and Principal Financial & Accounting Officer David Parker - Founder, CEO & Chairman Bascome Majors - Stephens Inc., Research…
Covenant Logistics (CVLG) Q3 2026 Earnings Call Transcript
Chairman and Chief Executive Officer - David Parker President - Paul Bunn Chief Financial Officer - Tripp Grant Chief Operating Officer - Dustin Koehl Freight Revenue -- $315.1 million, representing a 17.2% increase driven by the acquisition of…
Austin Ridge Logistics Center Reaches Full Occupancy in Stafford
A two-building industrial park just off I-95 in Stafford County has filled every square foot of its space, marking a milestone for a project that broke ground a little over two years ago. Austin Ridge Logistics Center, developed by NorthPoint…
Covenant Logistics outlines Expedited shift toward 75%-80% dedicated by year-end while TEL sees $3.7M-$4.0M Q4 pretax income (NYSE:CVLG)
Earnings Call Insights: Covenant Logistics Group, Inc. (CVLG) Q3 2026 'During the quarter, we capitalized on the strong freight market to advance our strategic priority, improving the long-term durability, consistency and quality of our business…
SAKO Logistics announces $80 million investment and 500 jobs at regional launch ceremony in Al Khobar
SAKO Logistics has officially announced the launch of its operations in the Kingdom of Saudi Arabia, unveiling strategic plans to invest up to US$80 million in the Saudi market. The announcement was made during the company's official opening…
Russian Forces Hit Kiev CHPP-6 Supplying Energy to Ukrainian Military Logistics - MoD
Overnight on Saturday, Russian forces continued to carry out drone strikes on logistics and energy infrastructure used in the interests of Ukraine's military-industrial complex, as well as on maritime vessels involved in the needs of the Ukrainian…
Universal Logistics (NASDAQ:ULH) Shares Cross Above 50 Day Moving Average - Time to Sell?
Universal Logistics Holdings, Inc. (NASDAQ:ULH - Get Free Report) shares passed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $17.78 and traded as high as $22.89. Universal Logistics shares last…
Universal Logistics (NASDAQ:ULH) Shares Gap Up Following Earnings Beat
Universal Logistics Holdings, Inc. (NASDAQ:ULH - Get Free Report)'s stock price gapped up before the market opened on Friday following a better than expected earnings announcement. The stock had previously closed at $17.42, but opened at $19.28.
Covenant Logistics Group (NYSE:CVLG) Shares Gap Up After Better-Than-Expected Earnings
Covenant Logistics Group, Inc. (NYSE:CVLG - Get Free Report) shares gapped up prior to trading on Friday after the company announced better than expected quarterly earnings. The stock had previously closed at $28.82, but opened at $33.09. Covenant…
Future world's tallest building about to hit major construction milestone
The Jeddah Tower, which will be the tallest building in the world once it is completed, is approaching a major construction milestone next month, the team behind the project told Newsweek. Designed by architects Adrian Smith and Gordon Gill…
Salesforce's M&A spree continues with a reported $375M deal for defense tech startup Rune
Salesforce has agreed to acquire Rune Technologies, a startup that builds AI software to help the U.S. military predict supply needs and manage logistics from the field, for $375 million in cash and stock, Resilience Media reported. The acquisition…
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Valero to Buy Shuttered Lyondell Houston Refinery; Restart by 2027 -- OPIS
* The company hopes to restart the facility sometime next year. * The refinery had an estimated crude processing capacity of 289,000 b/d before its March 2025 shutdown. Valero Energy said it agreed to buy the former Houston refinery owned by…
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