Australia’s Supreme Court of Victoria on Thursday approved the arrangement under which Japan Post Co. will acquire all of the shares in Toll Holdings.
The North American bulk chemical transportation specialist and logistics service provider agreed to an all-cash purchase price equivalent to $16 per share.
The railway’s new Canadian terminal will connect businesses in Montreal with markets in the eastern United States
The United Kingdom’s largest container port has commissioned two new Rail Mounted Gantry cranes at its North Rail Terminal.
Cargotec appoints head of MacGregor business area, ISS selects Port Manager for its new Anchorage office, and TRAC names chief commercial officer.
Grand Alliance chassis pool will be terminated and Direct ChassisLink will contribute those assets to its expanded pool.
Growth in domestic container movements offset declines in trailer and ISO container volumes, according to the Intermodal Association of North America.
Announced on the heels of a port driver labor strike, Eco Flow will use “free-flow” to move containers out of terminals to off-dock yards.
The third-party logistics provider also cut its first quarter loss in half.
Shanghai Index shows rates have increased to the West Coast, but are still below the TSA recommendation.
The railway reported net income of $310 million on total operating revenues of $2.6 billion in first quarter 2015.
Most businesses report minimal impact, despite claims from driver groups that the strike is causing “massive disruptions.”
Acquisition of French logistics giant Norbert Dentressangle clearly shows XPO has diverged from its initial strategy to roll up the North America freight brokerage market.
Department of Transportation Secretary Anthony Foxx gave Marine Highway designation to projects on the Mississippi River, New York Harbor, and the Potomac River.
XPO’s purchase of the French 3PL is the company’s first international acquisition and gives it a strong foothold in the European market.
Report from bond rating agency Moody’s predicts “minimal impact” to U.S. East Coast volumes when the expanded waterway opens next year.
The third-party logistics provider had a net income of $106.48 million on revenues of $3.3 billion in first quarter 2015.
Vacancy at cargo facilities in proximity to the nation’s leading airports is low, driving up rents for those who use the space, according to a report from market analyst JLL.
Los Angeles Mayor Eric Garcetti’s office says there are “plenty of trucks and drivers.”
Rates were lower in March 2015 than the previous year despite increasing slightly from February, according to the latest Cass Intermodal Price Index.
The truck drivers are targeting four companies for now, but may expand the strike, according to Teamsters spokeswoman Barb Maynard.
The railway increased net income 8.3% to $1.2 billion compared to the first quarter 2014, according to Union Pacific’s latest financial statements.
Blakey will take a behind-the-scenes role at the pro-freight group.
The Texas Coalition for Transportation Productivity has thrown its support behind state legislation to increase weight limits for trucks transporting ocean containers.
ClassNK establishes Global Research and Innovation Center in Singapore, Delhi Airport and Schiphol Airport sign MoU to promote cargo trade, and ContainerPort Group opens new terminal in Atlanta.
Bad shipper experience could result in long-term cargo diversion, according to port economist John Martin.
The recovery of congestion laden West Coast ports significantly impacted shipment volumes and expenditures, according to the latest Cass Freight Index Report.
The southeastern ports continued their blistering growth rate, both increasing throughput by over 13 percent for the month.
Despite the exit of ocean carriers Hanjin and Hapag-Lloyd, Portland director says the port has “a valuable, unique market.”
Inland port, logistics park, highway and freight rail to be co-located outside Muscat.
Some cargo diverted from West Coast ports during recent congestion crisis will stay.
Marine terminals sees congestion as precursor to challenges from Panama Canal.
The changes taking place in the container-shipping industry are structural, not cyclical, said Ron Widdows, ex-chairman of the World Shipping Council and former chief executive officer of Neptune Orient […]
While the Jones Act is seen as a pillar by many industry and government officials, it’s under heavy attack by some legislators and interests.
Port terminal manager now has terminal operations in Castellon, Barcelona and Valencia on Spain’s Mediterranean coast.
MatchBack Systems names VP of commercial development, while Florida Department of Transportation appoints a state freight and transportation administrator and Port Metro Vancouver adds new board member.
New resources help company grow fleet for perishables.
Fees are having “negative impact” on the fair, efficient and reliable movement of ocean cargo, according to a new report from the Federal Maritime Commission.
An important figure in the evolution of U.S. transportation industries, Daniel J. Kerrigan retired from ACL in 1987.
DB Schenker Rail UK wins coal contract from Drax Power Station, CMA CGM opens intermodal corridor from Port of Libreville, Woodland Media moves to larger warehouse facility, and Swissport Brussels […]
Car volumes increase 38.8% percent in February of 2015 compared with 2014 levels.
The Lake Oswego, Ore.-based railroad transportation equipment supplier had profits $50.4 million on revenues of $630 million for the quarter ended Feb. 28.
Swiss WorldCargo increases its services via parent Swiss International Air Lines’ summer flights, Con-way Multimodal Expands in Bentonville, while Inchcape Shipping Services opens new office Mozambique.
“Street turn” enabler said it has plans to enter the Montreal and West Coast North America markets as well.
The logistics and supply chain solutions provider will retain the staff of D.D. Jones Transfer & Warehouse Co. and continue to operate its Chesapeake, Va. facility.
Short-term minimums are designed as a supplement to service contract rates recommended by members of the Transpacific Stabilization Agreement last October.
The Hamburg-based logistics provider and terminal operator grew operating profits 10% on a 5.4% increase in revenue compared with 2013.
Globe Tracker partners with satellite communications firm GIT, while software executive group BSA calls on Congress to pass Trade Promotion Authority.
Impact of speed limiters and logging devices will be apparent on truckload capacity by 2017, with 2015 likely a transitional year in which carriers see fewer disruptions, according to investment […]
Overall container traffic is down at Port of Jacksonville for the first five months of fiscal year 2015.
Some cargo diverted from West Coast ports during recent congestion crisis will stay on eastern seaboard, according to area port directors.
Real time data needed for distributing, marketing, promotional and sales activities, according to the Global Shippers Alliance.
The railway attributed the increase primarily to strong volume growth in its intermodal and merchandise businesses, offset by a decline in coal.
Port of New Orleans enjoyed booms in box, breakbulk and project cargo.
TX Logistik expands Scandinavian rail service, Troy Container Line relocates and expands Chicago LCL export CFS warehouse, and University of Denver’s Intermodal Transportation Institute changes its name.
TOTE Services names a new labor relations director, while MBLX appoints business development director and AICM has announced its chairman and CEO.
C.R. England increases driver pay, Daikin Reefer launches new Active CA device, CEVA Logistics opens local distribution center for Magneti Marelli in Italy and U-Freight America moves HQ.
The Port of Virginia continues to take incremental steps to bring its capacity crunch under control.
XPO’s effort to roll up domestic logistics industry progresses, with projections for $9 billion in revenue by 2017.
Container Analytics with Ben Meyer The cover story this month examines the increasing size of vessels deployed between Asia and the United States, especially as it relates to the […]
It’s logical that after being shut in for months by the winter’s cold to get one’s house in order with a vigorous spring cleaning. The same can be […]
Automation, I’ve been led to believe from discussions with several management sources, was not a big issue in the contract talks between the International Longshore and Warehouse Union and […]
Expert says global trade could underperform without proper infrastructure investment, marine terminal process optimization.
Bigger ships bring many challenges, as well as benefits.
SSA Marine boosts terminal productivity with conservative technology application.
S.C. port director says Southeast ports like Charleston have built-in advantages to gain market share.
World Bank suggests there are lessons to be learned from North American rail industry.
Union members in its four bargaining units at the railway agreed to new 51-month deals.
Maersk Line and CMA CGM alter Safari 1/Shaka Express 2 loop, CN builds new intermodal and logistics hub west of Toronto, and IAG launches new route into Colombia and reopens […]
The House legislator reintroduced a bill that could raise $8 billion each year.
DB Schenker Rail UK increases services from London Gateway, TAM Cargo inaugurates terminal in Brazil and GAC sets up operations office Japan.
Another round of operational changes was announced to reduce congestion at Virginia International Terminal.
The Lake Oswego, Ore.-based manufacturer received new orders for 10,100 railcars in its second quarter, ended Feb. 28.
The port has expanded use of Portsmouth Marine Terminal and increased chassis supply.
Troy Container Line announces new LCL service from Malaysia to New York, CaroTrans introduces new Shanghai import service to Seattle and Portland and CMA CGM adds Ningbo to its REX3 […]
The port authority is instituting a series of measures to improve cargo fluidity in response to a spike in congestion at its Virginia International Gateway terminal.
A second berth at Fairview Container Terminal in British Columbia will grow capacity to 1.3 million TEUs.
East Coast ports benefiting from increased volumes thanks to West Coast congestion.
Disney and Dollar General described their strategies to avoid West Coast port congestion mess at the TPM conference.
Transplace appoints head of new consulting practice, while Sunteck names CIO and Locus Traxx hires EMEA market manager.
U.S. Army Corps completed its draft environmental impact and feasibility study.
Ports believe pool of more than 80,000 interchangeable chassis will help ease West Coast congestion.
Transpacific carriers cite port congestion and stronger demand as economy improves.
New style port directors are trying to tailor ports to industry supply chain needs.
FTR Associates predicts high long-haul truck rates as shippers try to rush goods to rest of country.
January container volume at Charleston grew 18 percent
Intermodal logistics provider buys 200 units on first year anniversary.
Partnerships have been reached between E2Open and its customers, Aljex and FourKites, and UNIT45 and Globe Tracker.
Background noise is the drip-drip water torture of modern supply chains. And the impact is felt no more keenly than in transportation procurement. This is where the overused […]
Port Tampa Bay takes long-term approach to business development.
Something for every shipper to keep their eyes on in California — aside, you know, from crippling port congestion — is the state’s legal position on whether drayage drivers are considered employees or independent […]
Apparel, footwear shippers struggle with West Coast port issues.
Nothing short of a system reset based on policies characterized by intermodalism will avoid what could eventually be years of freight gridlock.
Furniture retailer IKEA has submitted its final plans to the City of Joliet, Ill. to proceed with building a distribution center there.
The logistics and freight brokerage provider also turned in its most profitable quarter in Q4 as acquisitions of Pacer, New Breed and last mile companies, coupled with organic growth paid […]
U.S. Labor and Commerce Secretaries, along with Los Angeles mayor, met with ILWU and PMA negotiators.
Acquisition would make Japan Post one of the largest global 3PLs.
The Taft-Hartley Act gives presidents ability to intervene in damaging work stoppages such as the one engulfing West Coast ports.
FedEx Ground builds new DC, DP World London Gateway Port constructs third berth, CenterPoint Properties completes intermodal facility, Delta Cargo co-locates with Air France-KLM, and TASCO Berhad opens new warehouse.
According to preliminary data from the Intermodal Association of North America, all intermodal segments reported gains with domestic containers leading the way.
