Truckload and intermodal carrier Schneider National Inc., No. 7 on the Transport Topics Top 100 list of the largest U.S. and Canadian for-hire carriers, filed financial documents with the Securities and Exchange Commission on Dec. 22 as a prelude to the company going public, possibly later this year.
January 2, 2017Logistics 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.
Schneider Files to Go Public; Family, Execs to Keep Control
American Consumer Comfort Closes In on Best Year Since 2007
Household confidence in theĀ United StatesĀ is closing in on its best year since before the latest recession, according to figures in the Bloomberg Consumer Comfort Index released Dec. 29.
December 29, 2016āKā Line Files Lawsuit Against APL Logistics for Spreading Rumors
Kawasaki Kisen Kaisha, Ltd., or āKā Line, filed a lawsuit against APL Logistics Ltd. in a Tokyo civil court for comments the logistics firm made after the Hanjin Shipping Co. demise on Aug. 31.
December 28, 2016Union Pacific Agrees to Inspection, Maintenance Improvements
Federal railroad authorities reached an agreement with Union Pacific Railroad requiring improvements to the railroadās inspection and safety procedures.
December 28, 2016Consumer Sentiment at 12-Year High After Trump Win
Consumer confidence jumped to the highest level since 2004, extending a surge in Americansā optimism for their finances and the U.S. economyĀ after Donald Trumpās election victory.
December 27, 2016Schneider Files Form With SEC to Consider IPO
Schneider National Inc., which ranks No. 7 on the Transport Topics Top 100 list of the largest U.S. and Canadian for-hire carriers, filed an S-1 form with the Securities and Exchange Commission on Dec. 22 that could pave the way for the truckload giant to go public in 2017.
December 22, 2016Hanjin Sells Stake in Total Terminals International to Mediterranean Shipping Co.
Hanjin Shipping Co., the South Korean ocean carrier that filed for bankruptcy protection in August, has agreed to sell its stake in Total Terminals International to Mediterranean Shipping Co., according to Bloomberg News.
December 20, 2016Pennsylvania Transportation Planners Identify Critical Freight Corridors
The Lehigh Valley Transportation Study committeeĀ has approved a list of six regional roadsĀ that it believes are worthy of the critical urban freight corridor designation in the federal government's new National Highway Freight Network.
December 20, 2016Financing Hitches Could Delay Hapag-Lloyd-UASC Shipping Merger
A merger of German container shipping line Hapag-Lloyd and United Arab Shipping Co. likely will take months to complete, partly due to financing issues blamed on a deep industry downturn, sources familiar with the deal say.
December 20, 2016XPO Weighs in on Optimizing Packaging
XPO Logistics and Sealed Air teamed up last month to announce a new product for shippers, a partnership that could reopen the discussion about how efficient packaging can boost profits for trucking companies, experts said.
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