The produce third-party logistics specialist is soliciting an additional partner to help support its geographic and service expansion.
Number four U.S. railway Norfolk Southern reported net income of $387 million for the first quarter compared with $310 million during the same 2015 period, according to the company’s most […]
Shippers should think about supplying container weight data to ocean carriers ahead of the July 1 start date if they ship cargo that transfers to a second vessel in another […]
The intermodal and trucking provider posted net earnings of $100.1 million for the first quarter of 2016, along with earnings per share of $0.88 cents, which surpassed analyst projections of […]
House lawmakers brushed aside calls at a hearing to slow implementation of the Verified Gross Mass rule, while other shippers said compliance should be straightforward.
Door manufacturer Door-Stop International has selected XPO Logistics to deliver products from its manufacturing plant in Nottingham to customers across the United Kingdom.
AAPA elects Port of Pascaguola director incoming chairman, while UPS appoints chief sustainability officer and Flagler Global Logistics names new president.
JaxPort and the Port of New Orleans have new truck-rail transfer facilities that are expected to make more attractive shipping options.
The Jacksonville, Fla.-based railway posted net earnings of $356 million on revenues of $2.6 billion for the first quarter of 2016, year-over-year declines of 19 percent and 14 percent, respectively.
The Dubai-based terminal operator will charge $245 Canadian for boxes arriving at the West Coast ports by truck or rail without verified gross mass data after the new International Maritime […]
The status of BNSF Railway’s Southern California International Gateway project, a proposed intermodal rail facility near the ports of Los Angeles and Long Beach, is “uncertain” following a recent court […]
The “K” Line container terminal will have its berth rebuilt and four cranes added so that it will be capable of working two ultra-large 18,000-TEU containerships simultaneously.
Combined United States carload and intermodal cargo volumes fell 11 percent in March compared with March 2015, according to data from the Association of American Railroads.
Applications for U.S. Department of Transportation FASTLane and TIGER grants are due soon, as are comments on the first draft of its National Freight Strategic Plan.
United States port authorities and private companies plan to invest six times more in ports through 2020 than the federal government, according to a recent survey from the American Association […]
In a research note, analyst Michael Webber of Wells Fargo cited both internal company sources and the Oil Price Information Service, who say Kinder Morgan may sell a half interest […]
Florida Gov. Rick Scott on Monday signed a new law that boosts the annual floor in appropriations for port infrastructure by two thirds.
The Lake Oswego, Ore.-based railroad transportation equipment manufacture posted net earnings of $44.9 million on revenues of $669.1 million for the second quarter of its fiscal year 2016, which ended […]
The new International Maritime Organization container weight rule was just one of many concerns raised during the Port of Long Beach’s annual Pulse of the Ports Peak Season Forecast on […]
Acquisition heavy 3PL XPO Logistics is designing an intermodal logistics solution that will inject large shipment volumes into the inner suburbs of Paris to minimize truck traffic for final delivery […]
The bi-state port also saw a big boost in automotive traffic and handled a record number of containers with its on-dock rail system, according to data from the port authority.
The decision is a victory for the City of Long Beach, which said in a statement it believes more should be done to mitigate the project’s impact on local residents.
The non-asset based freight brokerage and transportation management service provider signed a 224,678-square-foot lease at 600 West Chicago Avenue in Chicago, Ill.
Developers at Logistics Park Kansas City are building a fulfillment center for Amazon and two new warehouses on a speculative basis.
The intermodal equipment leasing company may look for an individual buyer or try to go public, and ocean carrier United Arab Shipping Co. has selected TRAC as its sole chassis […]
The e-commerce giant said the planned 822,104-square-foot facility in Edgerton, Kan. will create 1,000 full-time hourly positions, as well as opportunities for management and support roles.
“You want the volume to come, you want big ships to come, but you just don’t have the infrastructure to handle them,” Seaspan Corp. Chief Executive Gerry Wang said of […]
APL expects to benefit from CMA CGM’s decision to maintain its longtime brand.
Keith Andrey, VP of global freight forwarding for UPS, says carriers are also more interested in offering intermodal pricing this year in order to secure cargo volumes in a historically […]
The Saint Lawrence Seaway officially opened yesterday, along with the Welland Canal, which connects Lake Ontario and Lake Erie, while the Montreal/Lake Ontario section of the St. Lawrence Seaway is […]
Global terminal operator APM Terminals said it’s moving forward with development of its new semi-automated Lázaro Cárdenas Terminal 2 (TEC2) project on the West Coast of Mexico, representing an overall […]
Rates fell another 3.8 percent for the month compared to February of last year, the 14th consecutive month prices have decreased, according to the latest Cass Intermodal Price Index.
Brookfield Infrastructure and Qube Holdings have ended their bidding war for Asciano Ltd., partnering with several global funds to purchase the Australian rail and port operator in a deal worth […]
The Tokyo-based third-party logistics provider broke ground on a new logistics center in Mexico’s Bajio region, which has become a hub for the automotive industry.
The Florida legislature has bumped up port funding this year to $153 million and opened the door for greater amounts in the future.
Norfolk Southern’s new rail route offers a faster option for importers and exporters with intermodal cargo interested in utilizing the Port of Charleston, according to a statement from the South […]
The containership lessor is looking at opportunities for sale-leasebacks with liner companies, buying ships from private equity firms that are now look to exit the container shipping sector, and investing […]
Total shipments for third-party logistics providers grew 8.5 percent in the fourth quarter, but total revenues fell 4.7 percent compared to the same 2014 period, according to a recent benchmarking […]
The U.S. Federal Maritime Commission has received 18 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 18 ocean transportation intermediary license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from Bruzzone Shipping, Freeport, […]
The shipping company’s Container and Terminal Division, which consists of intermodal shipping line Eucon and two container terminals in Ireland, posted revenues of 118.2 million euros for 2015, a 10.5 […]
The increase in freight tonnage over the next 30 years will require adding capacity to marine, highway, rail, air and pipeline modes, according to the United States Department of Transportation.
The less-than-truckload division of FedEx Corp. said in a letter to the U.S. Surface Transportation Board a merger between Canadian Pacific Railway and Norfolk Southern Corp. would “lead to diminished […]
Carload volumes dropped 10.1 percent in February, but intermodal shipments grew 12.9 percent compared with February 2015, according to data from the Association of American Railroads.
Meanwhile, shares of CSX saw a bump this week on rumors that Canadian Pacific in January made an offer to purchase the U.S. Class I railway amid its highly public, […]
Operations management at the number four U.S. railroad will now be run out of two distinct regions as part of a cost-saving initiative designed to stem profit declines.
The commercial telematics company recently unveiled its Falcon GCT3100i product, an asset tracking solution designed to provide shippers with complete visibility into chassis location and load status.
Canadian Pacific has received three letters from rail shippers in support of its proposed acquisition of Norfolk Southern Corp. for every one customer opposition letter, according to a statement from […]
Richard Biter says March 1 will be his last day as assistant secretary for intermodal systems development at the Florida Department of Transportation as he is scheduled to undergo cervical […]
The Florida East Coast Railway’s online tool is designed to simplify booking between certain destinations in the Southeast.
Rates fell another 2.2 percent in January compared to last year, the 13th consecutive month prices have decreased, according to the latest Cass Intermodal Price Index.
The roll-up third-party logistics provider posted a loss for 2015 due to many acquisition-related costs, but operating performance improved with the help of new logistics contracts, according to CEO Brad […]
The Ports of Auckland’s net profits surged 9.5 percent year-over-year to NZD$31.6 million for the six months ended Dec. 31, 2015.
The new 147,500-square-foot warehouse is conveniently located near the Port of New York and New Jersey, the New Jersey Turnpike, the Newark International Airport, and other key facilities, such as […]
Although one terminal operator leaves, there’s development elsewhere in the Port of Oakland.
N.C. port authority expects boost from new intermodal terminal.
Chief Financial Officer of the Jacksonville, Fla.-based railway Frank Lonegro told the Barclays Industrial Select Conference in Miami the company expects a further 20 percent decline in coal volumes in […]
More than 2.13 million TEUs moved over the U.S. Gulf Coast port’s docks in 2015, up from just under 2 million TEUs in 2014, and new facilities and infrastructure expansion […]
The inland river port experienced a 23.8 percent month-over-month drop in barge tonnage to 112,594 tons in January.
Ahead of Thursday’s Federal Maritime Commission hearing on verified gross mass reporting requirements for containers, the ocean shipping industry still unclear on so many details of how the rule will […]
Meanwhile, a Department of Transportation agency is expected to soon establish a working group to develop a port performance statistics program.
Parcel giant UPS has joined the chorus of voices opposing a tie-up between Canadian Pacific and Norfolk Southern, sending a letter to the U.S. Surface Transportation Board that says a […]
The new freight hub will complement Ports of Auckland’s existing facilities in Wiri, South Auckland; Longburn, Manawatu; and Mount Maunganui, a town situated along the Bay of Plenty.
The industrial real estate development and management firm acquired warehousing space in Savannah, Ga. and Suffolk, Va., bringing its total U.S. East Coast portfolio to 9.4 million square feet.
Matt Rose, chairman and CEO of BNSF Railway, said a deal between Canadian Pacific and Norfolk Southern is unlikely because it would require buy-in from investors, rail labor, customers and […]
Carload traffic dropped 16.6 percent in January, but intermodal traffic grew 3.4 percent compared with January 2015, according to data from the Association of American Railroads.
The short line and regional freight railroad owner and operator Genesee & Wyoming saw net income fall 13.7 percent year-over-year in 2015 to $225 million.
Maritime industry groups are concerned that the 2017 fiscal year budget request from the Obama administration will hurt progress made by ports on infrastructure and the environment.
Although activity slowed slightly in the fourth quarter, total deal value for mergers and acquisitions in the transportation and logistics sector spiked 206 percent from the same 2014 period, according […]
Inland Port V, a 654,656-square-foot building at Logistics Park Kansas City, is expected to be completed in June 2016.
The logistics provider and container terminal operator primarily attributed the declines in revenues and EBIT to the economic crisis in Russia and the Ukraine, the slowdown in economic growth in […]
Gilbert “Gil” Ellzey Carmichael, who held presidential-appointed transportation administration posts in the 1970s, died Jan. 31 at his home in Meridian, Miss.
Meanwhile, the intermodal transportation management provider and truck brokerage says it has closed its Hub Group Trucking terminal serving the Los Angeles, Calif. market.
Although domestic container and ISO container volumes increased compared to 2014, trailer volumes declined, according to data from the Intermodal Association of North America.
The third-party logistics provider’s net income increased to $126.58 million despite revenues dropping 4.4 percent to $3.21 billion compared to the fourth quarter of 2014, according to the company’s most […]
The Virginia Port Authority has extended its operating control of the Port of Richmond until 2056.
The operating costs of shipping between East Asia and the U.S. East Coast could fall by up to 30 percent because the labor and fuel costs per container are lower […]
Perhaps the biggest threat from volatile financial markets is that the process of planning long-term infrastructure improvements will be sidelined. There is a lot of freight to move around […]
To clarify, the future of the ocean liner industry isn’t here per se, at least not yet, but we may have gotten a glimpse of it at the end […]
Should big ports combine terminals to better handle big ships and the concentrated box volumes they throw off?
The temperature-sensitive truckload carrier’s net income for 2015 surged 19.8 percent year-over-year to $35.7 million.
American Roll-on Roll-off Carrier Group will deploy the roll-on/roll-off vessel Aida as the seventh United States-flagged ship in its fleet.
2015 was a strong year for the Port of Indiana-Jeffersonville, located on the Ohio River in metro Louisville, especially for metal and grain shipments.
The Czech rail operator will launch a direct intermodal shuttle service between Rotterdam, Netherlands and Poznan, Poland Feb. 1.
The multimodal solutions provider unveiled its new short sea connection between Rotterdam, Netherlands and Gjemnes, Norway.
Norfolk Southern Corp. announced a five-year cost cutting and restructuring plan in an attempt to stave off a hostile takeover by Canadian Pacific Railway, but one Senate Democrat says he […]
The Canadian port’s $4.1 million rail spur that opened in May made it possible to move steel that arrived by ship out west.
Canadian National Railway reported fourth quarter earnings of C$941 million and full-year profits of C$3.54 billion in 2015, year-over-year increases of 11 percent and 12 percent, respectively, despite a weak […]
The number four U.S. railway reported net income fell 29.4 percent as revenues dropped 12 percent from the prior year on lower coal, intermodal and general merchandise volumes in fourth […]
The Canadian port terminal in Halifax will receive three front end loaders, eight intermodal terminal tractors and five roll-on/roll-off terminal tractors in the second quarter of this year.
The recovery from Winter Storm Jonas, which has already claimed the lives of at least 48 people, is slow and transportation networks are operating at limited capacity.
Trucking and intermodal carrier Swift Transportation held onto profit gains in the fourth quarter and calendar year 2015 even though volumes were down slightly and fuel surcharges were virtually eliminated.
Canadian National Railway has submitted an application to the Canadian Transportation Agency for the approval of its proposed intermodal and logistics hub to be built in Milton, Ont.
MOL (America) names new vice president of area operations, while the Port of Houston Authority announces reappointment of commissioner.
The intermodal and trucking specialist posted a fourth quarter 2015 profit of $116.7 million and earnings per share of $1.01, surpassing analyst projections of $0.99 per share.
Aljex Software names VP of corporate strategy and IICL elects 2016 board, while SOGET appoints CEO and Hansa Heavy Lift picks offshore adviser.
The new service from the Port of Wilmington in North Carolina will connect with Charlotte starting this spring, and an another CSX intermodal hub in Raleigh is slated for a […]
The Western U.S. railroad says an uncertain economy, energy markets, plunging commodity prices, and the strength of the U.S. dollar will be continuing challenges in 2016.
The Polish Port, which made numerous investments throughout 2015, handled 35.9 million tons of cargo during the year, an 11.3 percent increase from 2014.
The Northern California port says there is ample capacity to absorb cargo business at other Oakland terminals after a “unilateral” decision to depart by the joint operators of Outer Harbor […]
