Intermodal freight in the fourth quarter declined for the first time since 2009 on a year-over-year basis, industry experts said, hurt by factors such as low fuel prices that helped competing truckers, a weaker economy and elevated inventories.
January 11, 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.
Intermodal Cargo Falls in 4Q for First Time Since 2009
Canada Trucking Chief David Bradley Plans to Step Down at End of 2017
David Bradley, president of both the Canadian Trucking Alliance and the Ontario Trucking Association, announced on Jan. 8 that he will leave his posts at the end of 2017.
January 8, 2016Germany’s Linde Launches Sale of Logistics Unit Gist, Worth $875 Million
Germany's Linde is launching the sale of its temperature-controlled logistics unit Gist in a deal potentially worth more than $875 million, as it streamlines its operations to focus on its core industrial gases operations, two people familiar with the matter said.
January 7, 2016Florida East Coast Railway Intermodal Facility Boosts Cargo Volume at Port Everglades
Florida East Coast Railway's 43-acre intermodal facility in Broward County is bringing more cargo through South Florida.
January 7, 2016Two House Democrats Urge Rejection of Canadian Pacific Bid for Norfolk Southern
Two senior Democrats in the U.S. House of Representatives urged federal regulators on Jan. 6 to reject any acquisition bid for railroad operator Norfolk Southern Corp. by Canadian Pacific Railway Ltd.
January 7, 2016Exel Changing Name to DHL Supply Chain
Exel, the Westerville, Ohio, firm ranked No. 6 on the Transport Topics list of the Top 50 largest logistics companies in North America, has announced it is changing its name to DHL Supply Chain in 2016.
January 6, 2016LoadMatch Logistics Changes Name to ArcTransit
LoadMatch Logistics has changed its name to ArcTransit to better reflect its business as a full-service transportation provider.
January 6, 2016Ohio-Based Integrity Express Logistics Expands in Tampa
Ohio-based Integrity Express Logistics has opened a branch office in Tampa, Florida, with 20 employees and plans to hire 50 more in the coming months.
January 5, 2016Norfolk Southern Customers Lobby Regulators Against Canadian Pacific Bid
Industry groups representing major freight customers of Norfolk Southern Corp. have asked the U.S. rail regulator to reject any bid for the railroad by Canadian Pacific Railway Ltd., according to letters viewed by Reuters.
January 4, 2016Asia's Shipping Lines Are Facing More Mergers
Swim or sink: That’s the message shipping executives in Asia are taking into the new year.
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