AWO: U.S. tugboat, barge industry contributes over $33b in annual GDP
The American Waterways Operators has released a study documenting the contribution of the U.S. tugboat, towboat and barge industry on the nation’s economy.
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The American Waterways Operators has released a study documenting the contribution of the U.S. tugboat, towboat and barge industry on the nation’s economy.
U.S. freight volumes across all modes will see 2.8 percent growth in 2017 followed by a 3.4 percent average annual increase through 2023, according to forecasts from the American Trucking […]
Launched in November 2015, BCG xChange aims to make it more efficient for ocean carriers to reposition empty cargo containers and has now introduced a new feature allowing users to […]
Trailer orders for the month of June exceeded orders taken in May of this year, according to the latest data from FTR. It was the seventh month that orders have exceeded those of the previous month.
Paul Svindland’s appointment as the new CEO of Celadon Group has been enthusiastically by many, including investors who have pushed up the company’s stock in recent weeks. But, Svindland faces many challenges in the weeks ahead.
Just a week after hitting a record high and signaling good things for the market, the Dow Jones Transport Average (DJT) tumbled last week, falling 2.79%. What’s in store for this week?
J.B. Hunt has acquired Specialized Logistics Dedicated for $136 million. The move expands the firm’s access to last-mile distribution services.
Kansas City Southern posted record second quarter revenues of $656 million, a 15 percent year-over-year jump, fueled by carload volume growth in four out of the Class I railroad’s six […]
The Senate Appropriations Committee has approved the FY2018 Energy and Water Development Appropriations Bill, which allocates $6.2 billion for the Army Corps of Engineers, up $190 million from FY2017 and […]
The new weekly service is being supported by three dedicated vessels providing direct transits through the Panama Canal between Miami and a handful of cities in Ecuador and Peru.
The National Shipping Company of Saudi Arabia’s net profit tumbled 51.6 percent year-over-year for the first half of 2017, but looking ahead, it plans to complete the establishment of a […]
The ground handling and air cargo services provider’s new 138,000-square-foot facility is equipped with two cold storages, 35 truck docks, and has adjacent aircraft parking with in-ground fueling and power […]
Genesee & Wyoming Australia appoints CEO, the Port Authority of New York and New Jersey’s board of commissioners selects a new vice chairman for the port authority, and Roadrunner Transportation […]
Although 19 states have passed laws regarding autonomous vehicles, they vary from state to state, posing challenges to the implementation of the technology, according to Larry O’Rourke, manager at global […]
Eight people were found dead this morning inside a trailer after a call by a Walmart employee directed authorities to the tractor-trailer. Police found a total of 38 people inside the trailer, 30 seriously injured.
The latest legal troubles for the U.S. Postal Service are just part of a problem in the agency which has seen billions of dollars in losses each year. The impact of these issues could significantly impact the broader trucking industry, which has a large stake in USPS’ success.
And then there were five. Trucking Moves America Forward, in collaboration with Pilot Flying J, has narrowed the list of possible names for the industry’s new mascot to five. Voting is ongoing and the winning name will be announced at the Great American Trucking Show.
Plenty of load boards and brokers exist for trucking companies looking for freight. There are nearly 600 found on a basic web listing – and likely many, many more. But there are few, if any, like Sleek Fleet.
FedEx Freight announced that drivers at its Croydon, PA, facility have voted to leave the Teamsters Union. This comes just two weeks after drivers in Charlotte, NC, did the same.
In addition, the Danish ocean carrier has implemented “different and further protective measures” in its cyber security in the wake of the June 27 Petya virus attack that all but […]
Global Container Terminals, which operates facilities in the ports of New York/New Jersey and Vancouver, Canada, appointed Doron Grosman president and chief executive officer, replacing Stephen Edwards, who served in […]
However, the Eden Prairie, Minn.-based third-party logistics provider’s revenues for the quarter surged 12.4 percent year-over-year, driven by volumes growth across all transportation services.
The international freight forwarding and logistics company recorded a consolidated net profit of 29.9 million Swiss francs (U.S. $31.4 million) for the first six months of 2017, up 37.2 percent […]
The U.S. Federal Maritime Commission this week proposed to remove several container carriers from its so-called “controlled carrier” list, due to the fact they are no longer majority owned or […]
The Mondovi, Wis.-based temperature-sensitive truckload carrier recorded a net income of $9.1 million and operating revenues of $171.5 million for the quarter, up 7.2 percent and 3.3 percent year-over-year, respectively.
The new intermodal rail service will feature double-stacked trains and will operate daily between the Port of Wilmington and Charlotte beginning July 28, said NC Ports.
New EZBook 2.0 enhancements make booking a chassis easier and faster, and give users more control over the transaction, according to chassis lessor TRAC Intermodal.
The Long Beach Board of Harbor Commissioners approves the appointment of the port’s managing director of finance and administration, GCT appoints new president and CEO, BIFA elects national chairman, and […]
After more than a decade of negotiations, the U.S. Department of Agriculture and its Chinese counterparts on Thursday finalized the language of a new protocol that will for the first […]
C.H. Robinson’s second quarter earnings report missed Wall Street estimates, in large part because of the rise in spot rates in the quarter which compressed margins, even though the company reported a rise of truckload and less-than-truckload volume.
Do you drive a little faster than the law allows? If you are in the Southeast this week, be aware. Police in five states are looking for speeders as well as distracted and impaired drivers as part of an enforcement push.
Freight, orders and optimism continue to populate the minds of many carrier and shipping executives these days as more data points suggest the economy is continuing to improve. And it’s optimism that even uneven retail sales and consumer confidence can’t hide.
While platooning vehicles are close to real-world operation, the world itself may not be ready for them. According to a guide for legislators created by the Competitive Enterprise Institute, the varied nature of state laws may limited where platooning vehicles may operate.
President Trump’s decision to replace the FASTLANE federal infrastructure grant program means the Maryland Department of Transportation must reapply for funding to expand a critical intermodal tunnel outside the Port […]
In its fiscal year that ran from July 2016 to June 2017, South Caroline Ports Authority handled 2.14 million TEUs an increase of 10 percent from the previous fiscal year […]
A waterfront space near the Maine seaport may soon contain temperature-controlled warehousing and the new U.S. headquarters for Icelandic ocean liner Eimskip, according to a report from the Portland Press […]
Omaha, Neb.-based Class I railway Union Pacific reported earnings per share of $1.45 for the quarter, up from $1.17 per share a year prior and surpassing the Zacks consensus estimate […]
Delta Air Lines Cargo appoints director, cargo sales for the Asia-Pacific region; and the Transportation Trades Department, AFL-CIO’s executive committee elects president and secretary-treasurer.
Google Glass, those futuristic glasses created by Google a few years ago are back. Discontinued after meeting with only minor success despite great introductory fanfare, they have now made a reappearance with a focus on corporate America.
U.S. Rep. Brian Babin, R-Texas, has filed the ELD Extension Act of 2017 (H.R. 3282), which would delay the implementation of the electronic logging device mandate for commercial trucks from […]
CSX Corp.’s second quarter 2017 net earnings, revenues and volumes all increased from a year prior, as E. Hunter Harrison completed his first full quarter as chief executive officer of […]
The investor group, known as Nesta Investment Holdings Ltd., will pay $2.47 per share for Global Logistics Properties, about $11.7 billion total, one of the biggest-ever private equity buyouts of […]
Financial services firm HSBC has entered into a new supply chain finance partnership with GT Nexus, a provider of cloud-based business applications.
The Belgian port recorded year-over-year tonnage increases in the container, breakbulk, liquid bulk and dry bulk sectors for the first half of 2017.
The new facility features temperature-controlled storage areas as well as a vehicle yard to storage, inspections and customs procedures, according to third-party provider Yusen Logistics.
Celadon Group, Inc. names chief executive officer and chairman, and the Port of Oakland’s board of commissioners elects board president.
The on-again, off-again saga over the electronic logging device rule is back on again after language was inserted into a House appropriations bill this week directing FMCSA to review the rule and make a determination if the rule should be delayed or changed.
A world with zero fatalities caused by road accidents sounds pretty idealistic — but is it realistic? The communities around the world backing the Vision Zero initiative think so.
The long-awaited U.S. outline for the goals of a renegotiation of NAFTA has been unveiled, and there are few surprises in the 17-page document. The document outlines the U.S. top priority of shrinking trade deficits with Canada and Mexico.
The Swiss-based third-party logistics provider has been busy this quarter, entering into new acquisition agreements as its second quarter net earnings grew 2.1 percent year-over-year to 191 million Swiss Francs […]
The NACPC’s New Orleans pool is fleeted with new 40-foot chassis featuring radial tires, LED lights, ABS and auto-inflation systems that can be leased direct to motor carriers or beneficial […]
The Lowell, Ark.-based intermodal and trucking provider’s earnings per share of $0.88 for the quarter fell short of analyst expectations, but operating revenues rose 7 percent from the second quarter […]
The e-commerce giant will occupy two buildings outside of St. Louis, one for sortation and the other as a delivery station, according to local news source KMOV.com.
Last week, Volvo Trucks announced that it would soon be adding Apply CarPlay to its lineup as an optional package. More connected trucks will soon become commonplace, and maybe in the commercial transportation space, technologies such as this, Android Auto and WiFi will be welcomed additions.
Starting with just two trucks in Joplin, MO, in 1951, Contract Freighters Inc. (CFI) built a reputation for quality service, professional drivers, and being a good community partner. Today, CFI – after several name and ownership changes in the past 15 years – is reconnecting with the Joplin community and its customer base. The truckload carrier is home, even though it never left.
Fleets outfitting their tractors with 6×2 axle are still finding benefits, but adoption of the configuration has been slow according to a North American Council for Freight Efficiency (NACFE) and Carbon War Room update to its 2013 Confidence Report on 6×2 axles.
This week kicked off a series of 16 customer and dealer events at Volvo’s new Customer Center here. It was one of several big news events for the company – the others being an update on its new VNR regional tractor model which was introduced in April, and the first unveiling of an updated VNL line.
According to a report in a German newspaper, Daimler has now been swept up in the emissions cheating scandals that have been raging across Europe in recent years.
Expansion work at the Port of Liverpool’s Liverpool2 container terminal was initiated on Friday, Peel Ports Group, the owner of the United Kingdom port, announced.
The U.S. diesel-powered heavy truck fleet of about 3 million vehicles is now 30 percent cleaner in terms of emissions and more fuel efficient than it was five years, according […]
The Federal Maritime Commission completed compromise agreements with eight non-vessel-operating common carriers and one unlicensed entity for Shipping Act violations which resulted in the collective recovery of $925,000 in civil […]
A former general manager at Timber Creek Resources in Newton, Wis., pleaded guilty and was sentenced this week for criminal violations of U.S. Plant Protection Act regulations that govern the […]
The Office of the Revenue Commissioners, the Irish government agency responsible for customs, excise and taxation, said the illegally imported cigarettes arrived in containerized shipments from Vietnam and China via […]
As much of the world is progressing towards Industry 4.0, Japan is going a step further. In its recently released Growth Strategy 2017 report, the county puts technological achievements, such as autonomous trucks and drone deliveries, on the fast track as it seeks to develop Society 5.0.
A surprise national brake safety inspection day on May 3 netted nearly 12% of commercial vehicles inspected with brake violations, the Commercial Vehicle Safety Alliance announced this week.
Transportation Investment Generating Economic Recovery (TIGER) grants, issued annually, are given to multi-modal and multi-jurisdictional projects that are difficult to fund through traditional federal highway aid programs.
Meanwhile, the world’s largest ocean carrier also says that it is now up-to-date on short-term quotes, is progressing on issuing invoices and that its delivery process for imports is operational.
Major retail container ports in the United States can expect two of the busiest months ever for imports in July and August, according to the latest monthly Global Port Tracker […]
Rickmers Trust Management Ptd. Ltd. was given the go-ahead to sell its remaining nine vessels to Navios Partners Containers and Navios Partners Containers Finance.
AGT Food and Ingredients Inc., through its wholly-owned subsidiary AGT Terminal East Inc. (AGTTE), has acquired a minority interest in CanEst Transit Inc. at the Port of Montreal.
Alpenglow Rail LLC, which is backed by private equity firm Stonecourt Capital, completed its acquisition of VIP Rail LLC, a short-line railroad located in Sarnia, Ontario’s chemical valley.
The Port of Prince Rupert in Canada is undergoing several simultaneous upgrades to expand capacity amid drastic cargo volume growth.
The Federal Maritime Commission on Tuesday hosted nearly 40 industry representatives to spend the next two days sharing strategic information on how to keep the export-side of the U.S. supply […]
Ronald Batory, who has more than 46 years of field and system experience in the railroad industry, retired as president and chief operating officer of Consolidated Rail Corp. on April […]
The Shanghai Shipping Exchange launched three new Belt and Road shipping indices on Tuesday covering trade and freight movements related to the massive Chinese infrastructure initiative.
A new underground urban logistics center will be built over a period of 15 years near London’s Heathrow Airport, with the above-ground portion slated to be turned into a public […]
4flow names executive vice president, Milestone Equipment Holdings appoints president and chief executive officer, the New York/New Jersey Foreign Freight Forwarders & Brokers Association elects new president, and Tideworks Technology […]
Hearing on NAFTA modernization The House of Representative’s Committee on Ways and Means will convene a hearing on the modernization of the North American Free Trade Agreement (NAFTA). USCG cyber […]
Calling it the “most innovative, most exciting trucks from Volvo in 20 years,” Volvo Trucks North America officially took the wraps of its updated VNL family of trucks.
Volvo Trucks this week introduced its updated VNL series, provided additional updates on its recently introduced VNR series, and showed off its new Customer Center at its growing Dublin, VA, facility.
Amazon Prime day yesterday represented a real test for the e-commerce giant’s logistics and supply chain. In addition to its contracts with FedEx, USPS and UPS – which all will have a busy couple of days to meet all these Prime orders – Amazon’s fleet of planes will be busy moving goods around the country.
The U.S. Department of Transportation’s Office of Inspector General is conducting an audit to address concerns about oversight of federal funding or financing for positive train control projects and recipients’ […]
With so much acrimony already between the U.S., Mexico and Canada over various commodities traded across their borders, just imagine how hard it will be for the Trump administration to […]
Trucking and logistics company Heartland Express acquired 100 percent of the outstanding stock of Interstate Distributor Co.
Direct ChassisLink, a marine chassis and asset management services provider, has launched a new chassis leasing service offering motor carriers and other drayage providers who operate at the ports of […]
The North Atlantic port handled 565,052 TEUs in May, up 7.6 percent from May 2016, and officials expect volumes to grow even further now that ships up to 18,000 TEUs […]
When the U.S. auto industry came roaring back to life, it was a boon for carriers who made their business hauling autos and related products. But as sliding sales in 2017 show, nothing lasts forever. And it’s possible that the future is even murkier for carriers who rely on the auto business for their livelihoods.
Someday real soon, vehicles will self-diagnose themselves, order the repair parts, and maybe even replace the part themselves. Vehicle maintenance is already partially of the way there. but the U.S. Marines are going a step further.
The Port of Los Angeles and General Electric recently launched an ambitious data portal pilot program that will digitize the movement of shipment information in an effort to improve the […]
As of June, 178 containerships with an aggregate capacity of 474,000 TEUs were idle, with over half of the ships having a capacity of 2,000 TEUs or less, according to […]
The Northern California port handled 204,255 TEUs for the month, with full container imports reaching 80,253 TEUs and full container exports totaling 75,460 TEUs.
The South Korean ocean carrier signed a memorandum of understanding with Saigon Newport Corp. for the joint development of port and container depot facilities in Vietnam.
The United States increased its amount of beef, pork and lamb exports in terms of volumes and value in May compared to a year prior, according to data from the […]
Janel Group, Inc. names new president, while the U.S. Army Corps of Engineers, Charleston District appoints new commander.
Surprisingly, a new survey from SOTI has found that nearly 70% of transportation and logistics executives have not grasped the importance of rugged handheld mobile devices in the field.
Multiple reports have indicated that Walmart has threatened to withhold business from any trucking company that continues to haul goods for Amazon. Walmart has denied making any such threats, but the mere suggestion of it raises questions that carrier executives need to address.
Under the terms of the deal, Chinese conglomerate COSCO Shipping will own 90.1 percent of Orient Overseas International Ltd., parent of Hong Kong-based container carrier OOCL, while Shanghai International Port […]
Seeking to build “greater lane density to improve utilization and yields through more efficient dispatch and capacity allocation,” Heartland Express Inc. announced it is acquiring Interstate Distributer Co. (IDC) of Tacoma, WA, from Saltchuk Resources.
Are you ready for electric vehicles? A new report from Bloomberg New Energy Finance (BNEF) says that electric vehicle (EV) sales will account for 33% of all light-duty vehicles on the road by 2040.
Shipment volumes grew 7.1 percent in May 2017 compared to the year prior, confirming the first positive indication in October 2016 was a change in trend and not a one-off […]