Specialized glass hauler Belmont Enterprises has joined Smokey Point Distributing, a flatbed and heavy specialized carrier that is part of the Daseke Inc. group of companies.
January 3, 2018BusinessLogistics
Private Equity Group Acquires Redwood Logistics, Will Merge With Simplified Logistics
Private equity group CI Capital Partners acquired a majority interest in Redwood Logistics, one of the top freight brokers in the United States.
January 3, 2018BusinessLogisticsAutonomousTCA
Largest Automated Container Terminal Begins Operation in China
A $2.15 billion fully automated container terminal started operating at Shanghai’s Yangshan Port.
January 2, 2018BusinessLogistics
QRC Logistics Cuts Ribbon on New Canadian Warehouse
QRC Logistics, a Canadian third-party logistics firm, opened a new 289,000-square-foot warehouse in Ontario on Dec. 20.
January 2, 2018GovernmentBusinessLogistics
Rep. Bill Shuster Won't Seek 10th Term
Rep. Bill Shuster (R-Pa.), chairman of the House Transportation and Infrastructure Committee, announced Jan. 2 that he will not seek re-election.
January 2, 2018BusinessFuelLogistics
Icy Rivers Slow New York Barges Trying to Deliver Heating Fuel
Shivering New Yorkers may have to pay more to get warm as ice in the Hudson River delayed fuel-barge deliveries and the U.S. government warned of a home heating-fuel shortage from the East Coast to Texas.
January 2, 2018BusinessLogistics
DHL, Campbell Soup Generate New Jobs in North Carolina
DHL Supply Chain and Campbell Soup Co. will deliver a gift to warehouse workers in North Carolina: 140 new jobs.
January 2, 2018Logistics
Celadon Gets March 31 Extension on Credit Lines
Celadon Group has again received an extension on its revolving credit line from a group of lenders led by Bank of America.
January 2, 2018BusinessLogisticsTCA
UPS Touts Record Number of Package Returns This Holiday Season
Some 1.4 million packages are expected to be sent back to retailers on Jan. 3, according to UPS Inc., which has dubbed the massive return-to-sender day “National Returns Day.â€
January 2, 2018BusinessLogistics
Global Manufacturers Strain to Keep Up With Faster World Economy
Factories across the globe warned they are finding it increasingly hard to keep up with demand, potentially forcing them to raise prices as the world economy looks set to enjoy its strongest year since 2011.
January 2, 2018