Containerized logistics services provider STG Logistics said it will use a new $300 million debt and equity financing package to fund future growth.
RoadOne has started construction on a 100-acre distribution project near the Port of Charleston.
The Prince Rupert Port Authority is starting construction on a project that will increase rail-to-container transloading at the Canadian port, particularly for agricultural, forestry and plastic resin products.
Over the past five years, Port X Logistics has grown from a startup to a major player in the drayage, transloading and trucking worlds. This level of growth — especially in the midst of a pandemic — has required serious planning, hard work and commitment.
J.B. Hunt Transport Services said Monday it has expanded its transloading capabilities to include Seattle and Laredo, Texas.
J.B. Hunt Transport Services said it will open a transload facility to serve Southern California’s ports. The move follows several other recent initiatives aimed at upping intermodal service.
STG Logistics has made nearly a dozen acquisitions over the last five-plus years. However, its latest deal for XPO’s intermodal unit is its most transformative yet.
Companies that have historically treated drayage and other inland transportation services as an afterthought will need to shift this mindset in order to survive in the current maritime environment.
The major differentiator between PGT as a cross-border carrier and other carriers is its door-to-door operation.
J.B. Hunt announced it has launched a new transload service in the New York metro area to address network congestion.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: The TexAmericas Center looks to expand its rail transload business; Mexico’s exports of commercial trucks fell 11.3% in September; Bridgestone completes a $100 million expansion in Mexico, creating 150 jobs; and a cold storage facility is set for Southern California.
The platform will help improve supply chain visibility for shippers, KCS said.
The Vancouver transload facility will primarily handle fast-moving consumer goods and auto parts.
Transportation Technology Center Inc. is undergoing a management change that would enable the group to expand work to multiple sites, while the Surface Transportation Board appoints two short line railroad representatives to the Railroad-Shipper Transportation Advisory Council. Also, a Manitoba transload facility at the U.S.-Canadian border seeks customers.
The deal comes amid wider efforts from both companies to expand their reach and increase supply chain efficiency.
Forager’s SCOUT platform helps shippers manage the volatility of cross-border freight imbalances.
GSC handles 12 percent of import containers in Oakland, but its leadership is concerned about plans to build a baseball stadium on port property,
