Two CSX Corp trains collided and derailed in central Florida early on Nov. 16, injuring two crew members, the company said.
November 16, 2016Logistics 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.
Two CSX Trains in Florida Collide, Derail; Two Injured
Trailer Orders Climb Above 21,000 in October
U.S. preliminary net trailer orders for October rose above 21,000 units, marking a rebound, analysts said.
November 15, 2016Hanjin Still Hurts Long Beach, but Other Ports Post Strong October Results
October numbers continue to show strong growth at most major U.S. ports, except for the Port of Long Beach, California, which continues to suffer from the Hanjin Shipping Co. bankruptcy.
November 15, 2016Echo Global Logistics Reopens Chicago Headquarters
Echo Global Logistics celebrated the reopening of its Chicago headquarters at a ceremony with Mayor Rahm Emanuel on Nov. 14.
November 14, 2016Korea Line Is Winning Bidder for Hanjin Assets in Fire Sale
Korea Line Corp., South Korea’s second-largest bulk carrier, won a bid for some assets of Hanjin Shipping Co. in a bankruptcy sale supervised by a South Korean court.
November 14, 2016Troubled Hanjin's Fleet Shrinks to a Tenth of Its Size
Hanjin Shipping Co.’s fleet has shrunk to about a tenth of its size after the South Korean container line returned most of its chartered vessels to owners in the weeks after its bankruptcy filing.
November 14, 2016Stores Hustle to Get Holiday Goods to Shelves After Hanjin's Collapse
LOS ANGELES — The last Hanjin Shipping vessel dropping off goods in California has set sail from the Port of Long Beach, finally clearing the many ships left stranded by the company’s sudden collapse two months ago. But in its wake, the giant shipping line has left a mess that retailers across the country will be sorting out for weeks.
November 9, 2016Shares of World’s Biggest Shipping Line Fall Amid Fears of Trade Wars
A.P. Moller-Maersk A/S, the owner of the world’s biggest container shipping line, saw its shares fall Nov. 9 as the outcome of the U.S. presidential election fanned concern there will be a shift toward policies that are hostile toward global trade.
November 9, 2016Earnings, Revenue Dip at Expeditors International
Third-quarter air and ocean volumes increased for freight forwarder Expeditors International of Washington, but profit margins declined, leading to dips in revenue and net income for both the three- and nine-month periods ended Sept. 30, the Seattle-based firm said Nov. 8.
November 8, 2016Cargo Owners in Flight to Safety After Hanjin Collapse, Shipping Lines Say
SHANGHAI — Cargo owners are becoming more concerned about risks and are shifting their business to shipping lines deemed more financially stable after the collapse of South Korea's Hanjin Shipping Co., top shipping executives said.
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