Year-over-year rates dropped 2.3 percent in September, the ninth consecutive month of declining prices, according to the latest Cass Intermodal Price Index.
For the second year in a row officials from PortMiami and Port Everglades participated in the TPM Asia Conference in Asia, Oct. 13-15, as business partners rather than competitors. […]
Kevin Lynskey, the deputy director at PortMiami, learned a hard lesson about trying to be funny in the wrong setting and being too honest at the recent Intermodal Association […]
The terminal operator will purchase the remaining 39 percent of the issued shares of port terminal manager Grup Maritim TCB, making it the sole controlling shareholder of the company.
Total operating revenues dipped slightly at the trucking and logistics provider as fuel surcharge revenues fell and customer demand remained “tepid,” according to J.B. Hunt’s most recent financial statements.
The former NOL chief told the TPM Asia conference he expects transpacific rates to continue to drop in 2016. and carriers need to cooperate on landside operations to overcome structural […]
Shipment volumes and expenditures both increased from the previous month as shippers prepared for the upcoming holiday season, but still lagged behind 2014 figures, according to the latest Cass Freight […]
Odyssey Logistics & Technology Corp. introduced its “load and roll pallet” (LRP) service for shippers of coiled metal products, as well as those with long and flat metal products.
DB Schenker Rail names new CEO, while Scandinavian Bunkering appoints managing director and Sparrows Point Terminal picks advisor.
The legislation (HR 702) also includes a provision to increase funding for the 60 ships in the Maritime Security Program from $3 million to $5 million.
The inability to agree on a long-term highway bill led Congress in July to pass a six-month extension of Transportation Department programs that will expire at the end of the […]
The less-than-truckload carrier will enter into an alliance with third-party logistics provider Mallory Alexander International Logistics, LLC to enhance its ocean forwarding offering.
The less-than-truckload provider added an outbound LTL service from Toronto, Ontario and appointed John Geertsema as General Manager for Canada.
Year-over-year throughput of crude oil and other petroleum products dropped 22 percent last week compared to the same period last year, according to the American Association of Railroads.
The terminal operator took delivery of the three ship-to-shore container cranes and two rail-mounted cranes for the APM Terminals’ new TEC2 terminal at the Port of Lazaro Cardenas, which is […]
PortMiami and Port Everglades will work together, rather than compete, to market South Florida as a gateway for Asian goods at the upcoming TPM Asia Conference in Shenzhen, China.
The multi-million dollar renovation on the port’s main dock will enable the port and Tuloma Stevedoring, the operator of the port’s main dock, to handle over one million tons of […]
The largest port on the U.S. East Coast also handled increased numbers of vehicles and saw intermodal rail traffic increase during the month.
Rand Logistics names VP of procurement, DHL Express in Africa appoints managing director of Sub-Saharan Africa and Texas Trucking Association selects Intermodal Committee chairman, while Park City Group names CFO.
The new service, which connects Chicago and St. Paul, Minn. with Seattle, features expedited service seven days a week for westbound traffic and six days a week for eastbound traffic.
The 60 percent drop in oil prices in the past year has hurt some sectors of the U.S. economy and tamped down growth, according to Thom Albrecht, transportation analyst at […]
Sparrows Point Terminal names VP of commercial and trade development, while Fleetgistics appoints operations VP.
The Ports of Auckland posted net profit after tax of $63.2 million on $218.3 million in revenues for the financial year, which ended June 30.
Nordco, manufacturer of the new mobile rail car movers, said its machines offer the same performance as locomotives, but with more flexibility and less pollution.
Key issues to be covered at the Container Trade Outlook 2015 Conference in Houston, Texas include the Panama Canal expansion, container industry outlook, chassis pools and issues, and U.S. maritime […]
Norfolk Southern finalized the purchase of a 282-mile section of track between Sunbury, Pa. and Schenectady, N.Y., from the Delaware & Hudson Railway Co.
The completion of the South Florida port’s Deep Dredge project paves way for PortMiami to handle mega-size container ships from Asia.
Former Bethlehem Steel plant property at Sparrows Point, Md., evolving into something new.
Lengthy environmental reviews and other approvals hinder large infrastructure projects improvements.
Northwest Seaport Alliance helps Seattle, Tacoma ports prioritize spending, grow cargo volume.
Rapidly growing 3PL giant plans to become a dominant motor carrier with the acquisition of Con-way.
The North American Chassis Pool Cooperative currently offers more than 8,500 chassis in three contributory gray pools: MCCP, COCP and SACP.
Norfolk Southern Corp. will modify its Triple Crown Services (TCS) subsidiary to focus on the transport of auto parts, while other business will shift to the railroad’s intermodal network.
The Japanese liner company signed a joint-venture agreement this week with Intermodal S.A. to establish NYK Auto Logistics Colombia S.A.S. at the Port of Cartagena, Colombia.
The truckload, intermodal and logistics services provider now offers intermodal shippers easier cross-border clearance and inspection services for certain commodities that originate in the United States or Canada destined for […]
Tiger Cool Express appoints two VPs and chief commercial officer, while former V.Ships CEO joins ShipServ board.
Year-over-year rates have fallen for the eight consecutive months in response to increased demand in the truckload sector, according to the latest Cass Intermodal Price Index.
Jim Newsome, CEO of the South Carolina Ports Authority, laid out an ambitious plan to grow container operations at Port of Charleston over the next five years as the Army […]
Shipment volumes and expenditures both saw a slight decrease compared with July figures, which is not typical for the month, according to the latest Cass Freight Index Report.
Ocean carriers CMA CGM of France and Hapag-Lloyd of Germany announced general rate increases.
Container throughput at the port is up 9 percent through the first eight months of 2015 and CMA CGM has begun offering to handle inland transport to Richmond. according to […]
Roadrunner appoints senior VP of sales, while Fleetgistics names new CEO.
With the latest in a series of blockbuster M&A deals in the logistics industry this year, XPO would become the second largest less-than-truckload provider in North America.
CEO of XPO Logistics Brad Jacobs told investors and media tight truck capacity helped prompt the company’s investment in an asset-based business.
The terminal operator reached an agreement with Perez y Cia to acquire its majority stake in Grup Maritim TCB and its 11 container terminals, expanding APMT’s terminal network to 74 […]
The Irish Shipping Company’s Container and Terminal Division, which consists of intermodal shipping line Eucon and two container terminals, reported operating profits of 4.1 million euros on revenues of 57.2 […]
The rail freight provider commenced a new service between the Port of Felixstowe and the Birmingham Intermodal Freight Terminal in Birch Coppice, Birmingham.
Drivers for the popular ride-sharing company will now be able to proceed as a group, rather than individuals, in a worker misclassification lawsuit that could have implications in the freight […]
The new Terminal Information Portal System (TIPS) will provide information on container availability, export booking status and more.
The 2M Alliance carriers will join the members of the CKYHE Alliance in offering service through the intermodal gateway in Northern British Columbia.
Port of Long Beach appoints HR director and IANA names new VP, while USA Truck adds VP for Mexico operations.
The port also also handled a record number of container lifts at its intermodal ExpressRail yards in July, according to the latest figures from the port authority.
The Florida port is trying to jump start its container business and install infrastructure to make Central Florida a more attractive logistics option for importers and exporters.
The logistics provider and container terminal operator posted operating profits of 82.6 million euros for the first half of 2015, a year-over-year increase of 1.5 percent.
The new facility in Mount Maunganui, New Zealand, will provide Bay of Plenty exporters more choice and offer improved access to overseas markets, according to a statement from the port.
Part of a shipment of polyester flags and rubber mats from a Chinese company, Chesta, was damaged or lost when a BNSF train derailed. An intermodal container containing […]
The problems at cargo hubs—whether seaports, airports or intermodal rail transfer facilities—often parallel each other and underscore the need for a national conversation among supply chain stakeholders to apply […]
More freight delays feared at Chicago O’Hare airport for peak season.
Railroads, IMCs see long-term growth for both domestic and international intermodal.
Decision-makers urged to talk through solutions to congestion, identify actions and implement them.
Shipment volumes and, expenditures both decreased compared with June figures, but this is “in line with the seasonal patterns of the last five years,” according to the latest Cass Freight […]
Federal Maritime Commissioner Doyle and shipper groups say they want more details on the Port of Oakland’s plan to help relieve congestion by opening facilities on Saturdays and charging peak […]
Year-over-year rates were down for the seventh consecutive month in July in response to increased demand in the truckload sector, according to the latest Cass Intermodal Price Index.
The cases, involve courier and taxi companies that allegedly underpaid workers for their service, are the latest to challenge the traditional owner-operator driver model.
Investment firm Brookfield Infrastructure Consortium will purchase 55 percent of Asciano Limited in a deal that will value the rail and port logistics provider at approximately $8.8 billion.
The 3PL is replacing its existing DC with a larger one at the CenterPoint intermodal park.
The logistics services provider has opened a $20 million intermodal facility at Fremantle to offer importers and exporters access to its national freight network.
The industrial property developer recently broke ground at its Chicago-area intermodal property on a distribution facility for Saddle Creek Logistics Services.
Unphased by a reported loss in the second quarter, fast-growing XPO Logistics is now projecting $23 billion in revenues by 2019, but the highly acquisitive company has sailed past similar […]
Mergers and acquisitions in the transportation and logistics sector in the first six months of the year, which have included several multi-billion dollar deals, are off to the hottest start […]
International volumes are growing three times faster than domestic intermodal business, according to the Intermodal Association of North America.
Third partly logistics provider Kuehne + Nagel Group’s purchase of 100 percent of the multimodal transportation management solutions provider is valued at an estimated $180 million to $200 million, according […]
The U.S. Federal Maritime Commission has received 16 ocean transportation intermediary license applications and changes for review.
The third-party logistics provider increased net income and revenues by 15.1 percent and 3 percent, respectively, in the first half of 2015 compared to the same period last year.
The Georgia Ports Authority will operate the facility in the northwest portion of the state, which is expected to attract shippers from surrounding states as well.
The containership owner accepted the first in a series of 14,000-TEU vessels being chartered to ocean carrier Yang Ming.
Roadrunner’s CEO Mark DiBlasi said the purchase of Stagecoach Cartage will expand its trucking network in the Southwest U.S. and along the Mexican border.
Locus Traxx Worldwide has named its VP of logistics, while Dunavant Logistics has appointed several operations managers.
Georgia Ports Authority said TEU volumes in Savannah have climbed almost 17 percent in the past 12 months.
Freight volumes and revenues should continue to increase substantially over the next 11 years thanks to continued population growth, expansion of the U.S. energy sector and foreign trade, according to […]
The railway reported net income dropped 23 percent in the second quarter of 2015 compared to second quarter 2014.
The intermodal transportation service provider reported net income fell $0.2 million compared to the second quarter of 2014 despite a 1 percent in crease in revenues.
Officials from the California Department of Transportation plan to partially reopen the closed-off section of the important freight thoroughfare Friday.
The railway reported second quarter net income of $1.2 billion, down 7.2 percent compared with the second quarter of 2014.
Federal Maritime Commissioner Mario Cordero is pressing terminal operators to justify a recent increase in PierPass fees, which they claim still do not fully pay for night and Saturday operations.
The trucking and logistics company reported a 24 percent increase in net income compared to the second quarter of 2014.
The Federal Maritime Commission found the Northwest Seaport Alliance is not likely to reduce competition or result in an unreasonable increase in cost or reduction in service.
The full service intermodal drayage carrier and transportation broker opened a new terminal in New Orleans, La.
The trucking company and third party logistics provider reported net earnings of $103.4 million in second quarter 2015, compared with $93.4 million in second quarter 2014.
The Chandler, Ari.-based freight broker and exclusive agents’ use of MacroPoint allows third party access to load status, avoiding the need to hire additional staff.
On Second Thought with Tom Nightingale Recently, a headline, “Intermodal Surpasses Carload for the First Month on Record,” caught my attention and I thought, “Wow, for what might be […]
L.A. terminal maximizes capacity with on-dock rail, automated stacking, and “auto-strads.”
One of my favorite people in the transportation industry used an analogy recently that warmed my prog rock heart. He said there was a steady drumbeat of people—both […]
Free flow helps several ports evacuate container yards more smoothly.
Shipment volumes and payments for the month showed continued growth but remained below 2014 levels, according to the latest Cass Freight Index Report.
Florida East Coast Railway announced a 26 percent year-over-year increase in volumes and the opening of a new train dispatch center in Jacksonville, Fla.
Year-over-year rates were down for the sixth consecutive month in June, according to the latest Cass Intermodal Price Index.
Third-party logistics provider Kuehne + Nagel Group reported higher profits in the first half of the year despite a decline in revenues compared to the same period in 2014.
The Federal Maritime Commission’s report was based on feedback from industry leaders at four public forums held around the country to gauge the impacts of port congestion and examine possible […]
The discount variety chain’s 1.5 million-square-foot facility in Upstate, South Carolina is expected to generate major trade growth for the Port of Charleston, according to South Carolina Port Authority CEO […]
