Dubai Ports World will build new inland ports in two Indian states to handle increased container traffic coming into that nation’s ports.
Strong revenue and profit numbers, but margins are challenged from a few years ago.
The Honolulu-based ocean carrier posted a net income of $232 million for the full year in 2017, an increase of more than 185 percent compared with the previous year, according […]
Following the 2017 purchase of 41 generator sets for reefer containers, Canadian Pacific Railway (CP) has begun offering a new shipping service for perishable products, dubbed “CP TempPro.”
Union Pacific is investing $550M in its new Brazos Yard in Texas, aiming to smoothly manage growth in two crucial sectors: Mexican automotive production and Gulf Coast petrochemicals and plastics.
The South Atlantic port handled 338,793 TEUs of containerized cargo for the month, a 2.2 percent increase from the same 2017 period, according to the latest data from the Georgia […]
Port Newark Container Terminal is entering a new phase of construction that will boost its annual handling capacity to over 2 million TEUs by 2019 in anticipation for incraesed volumes.
Current financial news headlines are full of stories about inflation and the resurgence of inflation in the U.S. economy.
Textainer Group Holdings Ltd. and CAI International both improved profits in 2017 compared to the prior year.
Short-line and regional railroad operator Genesee & Wyoming has entered into a strategic partnership with short-haul and drayage trucking platform provider Cargomatic.
A long political fight over an uncontroversial nominee comes to an end
Werner Enterprises (NASDAQ: WERN), a transportation and logistics provider, is pleased to announce its collaboration with the Blockchain in Transport Alliance (BiTA), an alliance formed to ensure standardization of blockchain technology in logistics and throughout the supply chain.
Schneider (NYSE: SNDR), a provider of transportation and logistics services, is now a member of the Blockchain in Transport Alliance (BITA).
Total U.S. rail volumes were relatively steady in January 2018, as a 3.4 percent year-over-year decline in carloads was offset by a 3.5 percent increase in intermodal traffic, according to […]
Blockchain in Transport Alliance (BiTA), the largest industry-specific blockchain standards organization in the world, today announced its newest member, J.B. Hunt Transport Services, Inc., one of the largest supply chain solutions providers in North America.
Blockchain in Transport Alliance (BiTA), the largest industry-specific blockchain standards organization in the world, today announced its newest member, J.B. Hunt Transport Services, Inc., one of the largest supply chain solutions providers in North America.
The annual growth in total North American intermodal shipments was helped by a strong fourth quarter in which volumes grew 5.8 percent year-over-year, according to recent statistics from the Intermodal […]
The port handled a record 6.71 million TEUs last year, partially fueled by the completion of the Bayonne Bridge project in June 2017, allowing ships up to 18,000 TEUs to […]
Warren, Mich.-based Universal Logistics Holdings, Inc. acquired Fore Transportation for $34.9 million, subject to customary post-closing adjustments.
Intermodal cargo that previously moved via the Port of Jacksonville will now be routed via Port Everglades.
The port’s planned project to construct a container terminal capable of handling 1.14 million TEUs per year on its land in Contrecouer has been submitted to the Canadian Environmental Assessment […]
Drayage provider RoadOne IntermodaLogistics has effectively acquired intermodal trucking operator Robin Hood Container Express, it’s third such acquisition in the past 18 months, the company said in a statement.
Most shippers, carriers, and students of the freight market spend most of their time focused on a particular mode. It makes intuitive sense that you would focus on the mode that you spend the most time in which you are buying services or providing services. Net result, there are plenty of experts in rail, truck, and intermodal/container freight, and with the ongoing prodigious growth of e-commerce, there is a growing number of experts in parcel freight. That said, we continue to be surprised how little attention overall is given to airfreight.
Some early adopters of the Tesla Semi are receiving another advantage – help with designing and building electric charging stations for the trucks.
Tiger Cool Express appoints chief commercial officer and executive vice president of operations, FedEx names president of FedEx Express Europe and CEO of TNT, DACHSER promotes COO of air and […]
Omaha, Neb.-based trucking operator and logistics provider Werner Enterprises saw its fourth quarter and full-year net income spike 547 percent and 156 percent, respectively, thanks in part to a $110.5 […]
The Omaha, Neb.-based Class I railway recorded a net income of $7.3 billion for the fourth quarter of 2017 and $10.7 billion for the entire year.
Montreal-based Class I railroad Canadian National (CN) saw its net income spike 156 percent for the quarter to $2.61 billion Canadian (U.S. $2.11 billion) compared with the same 2016 period, […]
The Class I railway also reported operating revenues of $2.7 billion for the quarter, up 7 percent year-over-year, as overall volumes ticked up 5 percent thanks to intermodal, coal and […]
The South Atlantic port handled its highest volumes ever of containers in 2017 at over 4 million TEUs, an 11 percent increase from 2016.
TRAFFIX, one of Canada’s longest-serving third-party logistics specialist, based out of Milton Ontario with offices in Toronto, Montreal, Chicago, and Dallas, is proud to announce that they have joined the Blockchain in Transport Alliance (BiTA).
The compliance rate for ELDs among fleets sits at 86%, according to the latest rolling survey of 318 fleets by CarrierLists.
The Southern California’s five-member board unanimously voted to approve a project that involves reconfiguring, expanding and enhancing the existing Pier B rail facility near the 710 Freeway.
Intermodal pricing rose 4 percent in December compared with the same 2016 period, and that growth looks poised to continue into 2018, according to the latest Cass Intermodal Price Index.
J.B. Hunt’s quarterly earnings call reports strong revenues and earnings, but gets a huge hand from tax reform
American Trucking Associations President & CEO Chris Spear took to Medium on Thursday to tout the benefits the trucking industry will see from passage of the new tax law, including noting an ATA survey that says 50% of fleets are planning wage increases or one-time bonuses.
The Texas-based rail logistics provider will utilize blockchain technology in a new cloud-based platform titled RAILChain.
The Lowell, Ark.-based intermodal and trucking provider recorded net earnings of $385.3 million on revenues of $1.99 billion for the fourth quarter of 2017, up 228 percent and 16 percent […]
More than a dozen shippers and intermediaries explained during a Federal Maritime Commission hearing Tuesday how carriers engage in punitive assessment of penalties for exceeding contracted detention and demurrage levels.
TraPac appoints new president and CEO; IANA installs 2018 board of directors and officers; the American Maritime Partnership elects leadership positions; and Odfjell names COO, global head of ship management […]
Last-mile delivery might get very interesting very soon. Boeing has unveiled a prototype “unmanned electric vertical-takeoff-and-landing (eVTOL) cargo air vehicle (CAV) prototype” capable of hauling 500 pounds.
Direct ChassisLink now owns, leases, or manages about 136,000 marine chassis, as well as roughly 80,000 domestic chassis, for a total fleet of over 216,000 chassis, making it the largest […]
Michael Berzon, who spent his career helping companies enhance the efficiency of their supply chains, died Tuesday from complications associated with Alzheimer’s disease at the age of 77.
The Canadian port handled 24.1 million metric tons of cargo in 2017, beating 2016 figures by 28 percent and exceeding the previous record high of 23 million metric tons that […]
The era of autonomous trucking is surely coming, but it’s more important for brokers and shippers to get a handle on data than worrying about what the distant future looks […]
Known as a “bomb” cyclone, winter storm Grayson has caused delays and closures for shippers and carriers all along the Eastern seaboard as ice, snow and wind could prevent operations […]
The merger forms an intermodal drayage operation with over 1,300 power units in most key markets east of the Rockies, according to a joint statement from the newly combined firms.
Consulting firm The Tioga Group in February will present recommendations to the West Coast Marine Terminal Operating Agreement (WCMTOA) for potential modifications to the PierPass program, which was created to […]
U.S. railroads originated more than 2 million carloads and intermodal units in December 2017, a 4 percent increase from the same month a year ago, according to the latest data […]
CSIS appoints Scholl chair; IICL elects 2018 board leadership; Suddath Cos. names marketing vice president; and BASS picks North American sales vice president.
Tesla is now accepting orders for its Tesla Semi in three European countries. The different dynamics of the European freight market represent some different challenges for the company.
The location will be the first foreign trade zone warehouse facility in the Team Worldwide global network, and could serve as a regional or national distribution center, the company said […]
JP Morgan likes FedEx, Schneider, Canada Pacific, and JB Hunt–‘sells’ include Union Pacific, Knight-Swift, and CH Robinson.
Trade between the United States and Mexico has skyrocketed since the 1993 implementation of the North American Free Trade Agreement (NAFTA), but uncertainty surrounding the agreement’s renegotiation poses serious risks […]
Rail Delivery Services, a premier provider of intermodal drayage, dedicated trucking, and consolidation services, has joined the BlockChain in Transport Alliance (BiTA).
CSX acting CEO Jim Foote met with Maryland congressional delegates and port officials on Tuesday to discuss the possibility of resuscitating the now-stalled Howard Street Tunnel rail project in Baltimore, […]
Bharat Mumbai Container Terminals (BMCT) and Container Corporation of India (Concor) have signed a memorandum of understanding for dedicated container trains in an effort to consolidate multimodal transport.
APM Terminals and the Alabama State Port Authority (ASPA) have approved a $49.5 million expansion of the container facility at the Port of Mobile.
Barge transport delays of up to 96 hours are occurring at the ports of Rotterdam and Antwerp due to increasing cargo volumes, according to intermodal operator Contargo.
The Canadian port will invest $400 million in a new container handling terminal along the St. Lawrence-Great Lakes Trade Corridor as part of Quebec’s Beauport 2020 investment project.
Intermodal industry analyst FTR and load board Truckstop.com have found that despite ongoing wildfires in the Los Angeles area, California outbound van volumes were at a “normal” level for early […]
The drivers’ unionization vote is at least the fourth such decision by intermodal company workers in the past 13 months, according to the Teamsters union.
According to container terminal operator Hutchinson Ports, Felixstowe is the first United Kingdom port to handle over 1 million TEUs by rail in a single year.
Omaha, Neb.-based Werner Logistics opened a new office in Laredo, Texas last week and expects the office will create 50-100 new jobs within the next few years.
The Owner-Operator Independent Drivers Association (OOIDA) has issued a letter to state attorneys general in all states asking them to review potential problems surrounding upcoming enforcement of the electronic logging device mandate.
The Port Authority of New York and New Jersey’s (PANYNJ) 2018 operating budget is an increase of $61 million, or 1.9 percent over the 2017 budget, and expenses are expected […]
The Port of Virginia reported a 1.9 percent increase in TEU volumes and a 1.7 percent increase in total containers for the month, according to figures from the Virginia Port […]
Intermodal rail traffic remains on pace to set a new annual record in 2017, according to the Association of American Railroads (AAR).
The Belgian port authority selected seven projects from a Call to Proposals earlier this year aiming to reduce truck traffic and congestion.
Yusen Logistics will acquire the Romanian warehousing, transport and intermodal service provider Tibbett Logistics, pending regulatory approval.
Following a Thanksgiving week that saw loads depressed, but not rates, the spot freight market was going full steam ahead last week with loads climbing 64% on the DAT network of load boards.
Under the agreement, CMA CGM will remain a minority shareholder with a 10 percent stake in the Port of Los Angeles terminal and will continue to be a major user […]
An Administrative Law Judge has ruled that Intermodal Bridge Transport’s practice of “misclassifying employees as independent contractors” is an “unfair labor practice” and a violation of their rights under the […]
Already a hot commodity in Asia, exports of frozen and chilled meat from the U.S. Midwest and California could get a boost from a $90 million temperature-controlled rail transloading facility […]
The North American Chassis Pool Cooperative (NACPC) has added 1,200 chassis that will be integrated into its South Atlantic Consolidated Pool and Chicago & Ohio Valley Consolidated Pool common-use and […]
UPS hires chief transformation officer; Canadian Pacific names vice presidents for its three business units within the sales and marketing team; SeaCube Container Leasing names chief commercial officer; and MPC […]
The Icelandic ocean carrier will up the frequency of its Green Line service by adding a third vessel between Reykjavik, Halifax and Portland, Maine.
BiTA, previously known as the Blockchain in Trucking Alliance has expanded its mission and renamed the Alliance the Blockchain in Transport Alliance to reflect its focus on all forms of transportation, not just trucking.
The story of railroads is as old as the independence of the United States. The growth of railroads ran in parallel with the economic surge and transportation expansion of the 19th century. Fast forward two centuries and the grasp of railroads on the freight transport market has all but waned.
North American intermodal pricing in October inched up 1.9 percent from October 2016, marking the thirteenth consecutive month of year-over-year increases, according to the latest Cass Intermodal Price Index.
FMCSA has made two recent changes to hours-of-service and ELD compliance that affects the agricultural community.
Logistics provider and container terminal operator Hamburger Hafen und Logistik AG (HHLA) recorded group revenues of 942.8 million euros for the first nine months of 2017, up 8.3 percent from […]
Profit Tools Inc., a provider of Intermodal Transportation Optimization Solutions, today announced that it has joined the Blockchain in Trucking Alliance (BiTA).
September 2017 marked the twelfth consecutive month of rising intermodal rates as hurricanes Harvey and Irma contributed to a 12-14 percent increase in diesel prices, according to data from the […]
Asian shippers are siding with the Notorious B.I.G.’s declaration of regional loyalty from the 1997 hit “Goin’ Back to Cali”: “If I got to choose a coast, I got to choose the East.” The expansion of the Panama Canal that doubled its capacity has started shifting freight to east coast ports, which have invested billions in dredging, construction, and equipment purchases to take advantage of the increased flow.
Shippers may not be paying the correct price for fuel based on the way contracts are written and fuel surcharges are applied, according to Breakthrough Fuel, which advises a market-based approach instead of the traditional surcharge method.
Boeing patented a design for an intermodal container-carrying plane that can pick up and drop off boxes directly onto the airport runway. This plane embodies an intermediate mode between currently existing high priority, high cost air freight and low priority, low cost railway and ship freight.
Steadily rising global copper prices have spurred US production, up 21% since 2011. Although Chinese demand has softened somewhat, copper from mines in the Southwest should flow into Texas, Florida, and California as they rebuild from natural disasters.
The U.S. has its first electrified highway. While not a long stretch, the one-mile catenary system on the north- and south-bound lanes of South Alameda Street from East Lomita Boulevard to the Dominguez Channel in Carson, CA, are providing a proving ground for the technology.
Now North America’s largest provider of truckload services, Knight-Swift Transportation Holdings recorded a net income of $4.2 million on revenues of $521.6 million for the quarter, according to the newly […]
The Gulf Coast port also saw increases in breakbulk and the return of roll-on/roll-off service for the first time since 2005, Port of New Orleans CEO Brandy D. Christian said […]
Truckload, intermodal and logistics provider Schneider National reported a net income of $36.9 million for the third quarter of 2017, up 0.2 percent compared to the same period in 2016, […]
Cargo and vehicles can become damaged en route, and often carriers are on the hook for those damages. But a new startup, PEIR, is providing photographic proof of conditions to help protect carriers.
The Port Authority of New York and New Jersey (PANYNJ) is projecting a surplus of revenues after operating expenses and debt service of $1.5 billion for next year, which would […]
Shipment volumes for the month grew 3.2 percent year-over-year, while expenditures rose 4.6 percent, according to the latest Cass Freight Index Report.
The Jacksonville, Fla.-based Class I railway may be backing away from its previously announced plans to develop an intermodal rail terminal neat Rocky Mount, N.C., according to multiple media reports.
Through the third quarter of 2017, Berkshire Hathaway-owned Class I railroad BNSF posted an operating income of $5.3 billion, a $462 million (9 percent) increase over the first three quarters […]
Argus Transport Canada, a technology-driven Montreal based trucking and 3PL today announced it has joined the Blockchain in Trucking Alliance (BiTA).
Combined U.S. carload and intermodal originations rose to 2.2 million units last month, up 3.1 percent compared to October 2016, according to data from the Association of American Railroads (AAR).
The third-party logistics provider saw its net profits drop despite revenues increasing 12.8 percent as it absorbed debt and expenses from recent acquisitions.
