COMMENTARY: Miles of change ahead
Industrial real estate patterns provide a clue of how freight flows are shifting
Industrial real estate patterns provide a clue of how freight flows are shifting
The Chicago-based logistics company said it will offer truckload, less-than-truckload, intermodal brokerage and transportation management services to shippers through the new office in Guadalajara, Mexico.
MatchBack Systems forms board of directors, while Swissport International names CEO of Swissport UK & Ireland, and V.Group appoints non-executive directors to board.
The South Carolina Ports Authority broke ground on Inland Port Dillon, which is slated to open in early 2018.
A University of Michigan study found that only 9.7% of those surveyed said they have no concerns about fully autonomous vehicles. But what about driving alongside an 80,000-lb. autonomous big rig? These are already being tested on roads and could be operational within five years. Is the industry ready for the disruption autonomous trucks will cause?
The Port of Richmond, Calif., known for its history as a shipbuilding center during the Second World War, now handles a wide mix of cargo, and is especially known for […]
AsepTrans, the only aseptic international standards organization (ISO) tank operator in the world, will double Odyssey’s ISO tank fleet of intermodal ISO tanks and ISO tank chassis.
Berkshire Hathaway-owned BNSF Railway Co. reported a net income of $4.3 billion on $19.3 billion in revenues for the full year in 2016, decreases of 13.3 percent and 9.9 percent, […]
Combined United States carload and intermodal cargo volumes increased for the fourth consecutive month in February 2017 following several months of year-over-year declines, according to data from the Association of […]
The deal is increasing Direct ChassisLink’s fleet of owned, leased and managed chassis to approximately 133,000.
The NYK Group’s third-party logistics subsidiary recently opened a new 53,820-square-foot logistics center near Celaya, Mexico, in an effort to meet increased demand from domestic and international automotive customers.
The chassis leasing company will roll out TRAC Select in 20 locations across the United States.
After explosive growth in the last several years, could declining volumes be a sign of things to come?
The largest cargo gateway on the U.S. East Coast handled 4.56 million TEUs of loaded containers for the full year, a 1 percent decline from 2015 levels, according to recent […]
XPO Logistics Chairman and CEO Bradley Jacobs said strong e-commerce growth more than offset the weak intermodal environment during the quarter.
Shipment volumes for the month fell 6.4 percent from December due to “normal seasonality,” but were up 3.2 percent compared with the same 2016 period, the second year-over-year increase in […]
Could rising plastic exports create competition for empty containers?
Mexico has trade agreements with 50 other nations outside of NAFTA and container trade options, the liner carrier Maersk notes
Additional shippers and logistics companies have expressed support on a call for the Federal Maritime Commission to provide guidelines on detention and demurrage charges.
Intermodal pricing increased 3.8 percent for the month compared with the same 2016 period, just the fourth year-over-year increase since December 2014 and the largest since October 2014, according to […]
Forwarders and NVOs are accustomed to adapting to complex markets and new competitors, but is this time different?
Some of Fortress Investment Group’s transportation-related holdings include Florida East Coast Railroad, Trac Intermodal, and Seacube Container Leasing.
Transportation on the Yangtze River may be take longer than normal because of annual maintenance on the Three Gorges Dam that began on Feb. 2, but a COSCO Shipping subsidiary […]
However, the Intermodal Association of North America said some analysts are projecting a rebound for 2017.
Chris Dupin, maritime and intermodal editor of American Shipper, examined the importance of protecting high-value parcel deliveries, using the outcome of Golden Hawk Metallurgical’s case against FedEx for the loss […]
Combined United States carload and intermodal cargo volumes increased for the third consecutive month in January 2017 following several months of year-over-year declines, according to data from the Association of […]
American Roll-on Roll-off Carrier Group has brought the vessel Liberty into the American registry, making it the eighth U.S.-flag roll-on/roll-off ship in its fleet.
Mexico’s decision to phase out fuel subsidies could compel carriers to turn to surcharges
While the U.S. merchant marine has dramatically shrunk since World War II, mutual insurer American Club has adapted by expanding overseas.
Last year saw massive changes in container shipping, but will they benefit retailers and other shippers in 2017?
The trucking and intermodal carrier said volumes and pricing during the year were pressured by excess industry capacity, excess customer inventories, a weakening used truck market and sluggish demand.
Kansas City Southern’s net income fell 1.1 percent to $479.9 million for the full year in 2016 on revenues that slid 3.5 percent compared to the previous year, according to […]
Now that the European Shippers’ Council (ESC) has rejoined the Global Shippers’ Forum, ESC Chairman Denis Choumert is hopeful the Asian Shippers’ Association and other Asian shipper groups will work […]
The Lowell, Ark.-based intermodal and trucking provider’s net earnings for 2016 inched up 1.1 percent from 2015 to $432.1 million.
Intermodal pricing increased 1.5 percent for the month compared with the same 2015 period, just the third year-over-year increase since December 2014, according to the latest Cass Intermodal Price Index.
Hunter Harrison, retiring president and CEO of the Calgary-based Class I railway, has apparently decided to cut his remaining time with the company short, and may be eyeing U.S. railroad […]
Shipment volumes for the month slid 1.2 percent from November, but were up 3.5 percent compared with the same 2015 period following a 0.5 percent year-over-year decrease the previous month, […]
The Omaha, Neb.-based Class I railway posted a net income of $4.2 billion for 2016, an 11 percent decline from 2015.
Liberty Woods International filed a lawsuit in personam against Dalia Ship Holding and in rem against Dalia’s ship, the Ocean Quartz, seeking $1.4 million for damage it said occurred to […]
The Jacksonville, Fla.-based Class I railway said that in 2016, the industry continued to face headwinds from low global commodity prices and the strength of the U.S. dollar.
The Institute of International Container Lessors appoints new chairman, Dayton Freight promotes three employees to service center positions, and Page International names director of sales.
Federal Maritime Commission Chairman Mario Cordero says he is willing to discuss the agency’s concerns with Port Authority of New York/New Jersey and OCEMA member carriers, leaving the door open […]
The Intermodal Association of North America selects new board members and officers, while Pender & Coward adds to its maritime, admiralty and transportation practice.
What would a repeal or reset of the landmark trade deal really mean and entail?
Trucking carrier J.B. Hunt Transport and Class I BNSF Railway have filed for arbitration in their negotiations regarding how revenues are divided under a joint service agreement for intermodal transport.
Combined United States carload and intermodal cargo volumes increased for the second consecutive month in December 2016, but the growth was not enough to offset several months of previous year-over-year […]
Port of New Orleans names president and chief executive officer, while Canadian Pacific adds board member and ChassisFinder hires general manager.
The Floridian port is ready to launch a second round of investment – this time with the goal of increasing capacity and service levels within the container yard.
The Class I railway has completed the first phase of the new Virginia Avenue Tunnel project in Washington, D.C., clearing the way for trains to move double-stacked intermodal freight between […]
A new cargo service across Lake Michigan is currently in the works, and could save shippers time and aggravation from having to truck cargo though the congested Chicago area.
New ship orders declined in 2016, driven down by overcapacity and sluggish global trade growth, and although devastating for shipyards and their workers, the drop may be necessary if the […]
Tom Nightingale, a longtime freight transportation and logistics specialist, noted that in fast changing times such as these, it is critical that strategic leaders consider their end-to-end supply chain system […]
However, despite the port experiencing its best November ever in terms of containers handled, its share on the North American container market declined from 12 months prior.
Mac R. Behnke Rentals got into an accident while transporting a shipment for Denso, damaging some of the cargo, and a court said the dispute would have to be resolved […]
The ExpressRail Port Jersey facility will be located adjacent to the recently expanded GCT Bayonne container terminal and is scheduled for completion in mid-2018.
Shipment volumes in November 2016 slipped 3 percent from October and 0.5 percent compared with the same 2015 period following the first year-over-year increase in the previous 20 months, according […]
The Danish ocean carrier’s acquisition of Hamburg Süd from the Oetker Group would expand its market share in Latin America and Oceania trades.
Intermodal pricing increased 0.3 percent for the month compared with the same 2015 period, just the second year-over-year increase since December 2014, according to the latest Cass Intermodal Price Index.
Emerging technologies are helping the ocean and trucking industries work together in more meaningful ways.
The credit rating agency said container shipping companies will continue to face oversupply, and profitability could be put under even more pressure if bunker fuel prices increase.
A Genesee & Wyoming subsidiary in the United Kingdom will purchase APM Terminals subsidiary Pentalver Transport, which operates off-dock container terminals in each of the UK’s four major seaports, as […]
The Oct. 19 AS Daily news report, “Crowley gets green light for sea-air transshipment in Miami,” suggested that the Miami forwarder was the first to offer such a service […]
Combined United States carload and intermodal cargo volumes ticked up 1.1 percent for the month following several consecutive months of year-over-year declines, according to data from the Association of American […]
A coalition of 25 business groups has asked the Federal Maritime Commission to address fees imposed when shippers can’t pick-up and return cargo, containers and chassis for reasons beyond their […]
A coalition of 25 business groups has asked the Federal Maritime Commission to address fees imposed when shippers can’t pick-up and return cargo, containers and chassis for reasons beyond their […]
Advent Intermodal Solutions appoints newly created role of chief strategy officer, while the Soy Transportation Coalition elects new chairman and officers.
Concurrent with the deal for Glencore Rail, the Australian subsidiary of short line and regional rail operator Genesee & Wyoming has issued a 49 percent equity stake to funds managed […]
The French ocean carrier commenced the ADRIMED Express, which deploys three vessels that connect Egypt, Malta, Croatia, Italy and Slovenia.
Erie, Pa.-based Logistics Plus Inc., a transportation, logistics and supply chain solutions provider, has acquired the DoorLogistics door-to-door intermodal solution.
Elaine Chao has served as Secretary of Labor under President George W. Bush and Deputy Secretary of Transportation under President George H.W. Bush.
French ocean carrier CMA CGM said APL has improved its performance in the first three months under the ownership of CMA CGM, despite a challenging market.
The Prologis Oakland Global Logistics Center, a new warehouse complex being constructed on a former military installation, adjacent to both the Port of Oakland and the San Francisco-Oakland Bay Bridge.
Shipment volumes in October 2016 grew 0.9 percent from the previous month and 2.7 percent compared with the same 2015 period, the first year-over-year increase in 20 months, according to […]
Frisco, Texas-based Transplace, a provider of transportation management services and logistics technology, has acquired Oakville, Ontario-based Lakeside Logistics.
Intermodal pricing increased 0.4 percent for the month compared with the same 2015 period, the first year-over-year increase since December 2014, according to the latest Cass Intermodal Price Index.
The North Florida port’s new Intermodal Container Transfer Facility provides rail service to the Blount Island Marine Terminal and TraPac Container Terminal at Dames Point, connecting the terminals with Class […]
The joint container venture between Japan’s ‘Big 3’ will have a fleet capacity of 1.38 million TEUs, making it the sixth largest in the world, and when their 23 new […]
BNSF Railway Co. and Kansas City Southern will offer a new joint intermodal service connecting shippers in the Chicago and Dallas/Fort Worth areas, as well as other major markets along […]
The Mid-Atlantic port continues to handle much more cargo than a year ago, in part due to cargo diversion from the West Coast.
The mid-Atlantic port handled 238,567 TEUs in October, making it the single-busiest month in the port’s history, while rail and barge volumes also increased from last October.
McDonough, Ga.-based transportation and logistics company Bennett International Group established BOSS Engineered Logistics to provide more neutral third-party logistics solutions.
The logistics provider and container terminal operator’s intermodal segment was especially successful during the period.
Danish third-party logistics provider DSV said it can grow market share by cross-selling brokerage and asset-based services previously provided under the UTi brand.
Analysts predict higher volumes and rates, but offsetting coal traffic decline will be a heavy lift
The Greenwich, Conn.-based third-party logistics provider reported a net income of $13.8 million in the third quarter of 2016 compared with a $93.1 million loss in the same 2015 period, […]
The Intermodal Association of North America reported that total intermodal loadings fell 4.6 in the third quarter of 2016 compared to the same period in 2015.
The Association of American Railroads said 1.07 million carloads were handled in October, down 5.1 percent year-over-year.
The Icelandic ocean carrier has entered into an agreement to purchase asset-light transportation and logistics provider Nor Lines in an effort to broaden its value-added service offerings, the company said […]
Darien, Conn.-based short line railroad operator Genesee & Wyoming Inc. reported net income of $56.8 million on revenues of $501 million during third quarter 2016, year-over-year decreases of 10.4 percent […]
The U.S. Department of Transportation is soliciting applications for fiscal year 2017 FASTLANE grants from public sector entities interested in developing freight infrastructure projects.
The truckload transportation and logistics services provider reported a net income of $23.4 million on $280.5 million in revenues in the third quarter of 2016, year-over-year decreases of 22.9 percent […]
The Greenwich, Conn.-based third-party logistics provider said it will use the $558 million in cash from TransForce to pay down debt.
XPO Logistics said the sale of its truckload operations includes approximately 3,000 tractors, 7,500 trailers and 29 facilities it acquired in its October 2015 purchase of Con-way Inc., and proceeds […]
The combined companies will have gross revenues approaching $1 billion and will manage more than 700,000 intermodal, truckload and less-than-truckload shipments annually.
The Oak Brook, Ill.-based multi-modal transportation management company saw net income fall 9.6 percent to $17.9 million in the third quarter of 2016 despite a 3.7 percent increase in revenues […]
Under an agreement reached earlier this year, Ports America Chesapeake will assume operational responsibility for the Seagirt Container Transfer Facility at the Port of Baltimore on Oct. 31, the port […]
The third-party logistics provider’s earnings per share for Q3 2016 fell short of analyst expectations, largely due to net revenue margin pressure as contractual sell rates fell faster than spot […]
The National Retail Federation, the California Trucking Association Intermodal Conference and the Harbor Trucking Association have proposed a “joint powers authority” to oversee funding of night and weekend terminal operations.
The Class I railway’s net income rose 2 percent year-over-year in the third quarter of 2016 to $460 million, despite a weak coal segment.
Montreal, Canada-based Class I railway Canadian National saw net income for the third quarter of 2016 fall 2.9 percent to C$972 million (U.S. $727.6 million) on revenues that slid 6 […]