Logistics News

About Logistics News...

For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
 

Government, Business, Logistics

Biden Signs Competition Order Targeting Big Business

President Joe Biden signed July 9 an executive order that the White House says will target anti-competitive practices in tech, health care and other parts of the economy while boosting workers’ wages and consumer protections.

July 9, 2021
Business, Logistics

XPO Logistics Introduces New Benefits for Driver Trainees

XPO Logistics introduced new benefits for participants in its driver training programs, the company announced July 8.

July 9, 2021
Business, Logistics

Geodis Expands Freight Brokerage Capacity With Velocity Acquisition

Geodis has reached an agreement to acquire all assets of Velocity Freight Transport, the supply chain operator announced July 6.

July 9, 2021
Government, Business, Safety, Logistics

Thousands of Railcars Stuck After Canadian Wildfires

Thousands of railcars loaded with grain are idled in the Vancouver corridor after Western Canadian wildfires damaged two main lines, while repairs enable a small but rising number to reach the country’s biggest port.

July 8, 2021
Government, Business, Logistics

US Seeks to Lower Spiking Shipping Costs With Competition

The Biden administration is set to ask regulators to promote competition in the ocean shipping and rail industries after consolidation led to spikes in prices, according to a person familiar with a pending executive order.

July 8, 2021
Business, Equipment, Logistics

Mullen Ramps Up Acquisitions Amid Expansion Plans

Mullen Group recently announced several acquisitions as part of an ongoing strategic plan to grow the Canadian business.

July 8, 2021
Business, Logistics, Top 50

DP World to Buy Imperial Logistics in $890 Million Bet on Africa

DP World plans to buy South Africa’s Imperial Logistics Ltd. for $890 million, in what the port operator said would be its most significant acquisition in Africa so far.

July 8, 2021
Government, Business, Logistics

229% Surge in China-US Shipping Costs Drives Inflation Pressure

The cost to ship a boxload of goods to the U.S. from China edged close to $10,000 as the world’s biggest economy keeps vacuuming up imports amid slower recoveries from the pandemic from Europe to Asia.

July 8, 2021
Business, Logistics, TCA

CSX Renews Bid for Approval to Add 1,200 Miles of New England Rail Lines

Railroad giant CSX Corp. has struck a new deal to help settle rival Norfolk Southern Railway’s objections to its delayed plan to take over almost 1,200 miles of New England railways.

July 7, 2021
Government, Business, Safety, Logistics

Western Fires Halt Hundreds of Canada Railcars, Slowing Exports

Hundreds of railcars have been halted by wildfires that damaged tracks in western Canada during the region’s severe heat wave, creating a bottleneck of exports and delaying imports.

July 7, 2021