One of the largest commuter railroads in the country is objecting to the proposed $31 billion merger between Class I freight rail carriers Canadian Pacific Railway and Kansas City Southern.
March 25, 2022Search
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IMC Welcomes Fields as Human Resources VP
IMC Cos. hired Sabrina Fields to fill the role of vice president of people strategies and human resources. Fields previously served in human resource leadership roles at International Flavors & Fragrances, Rich Products Corp. and J.R. Simplot.
March 25, 2022XPO Sells Intermodal Unit to STG Logistics for $710 Million
XPO Logistics Inc. announced March 25 it has sold its North American intermodal business to STG Logistics, a Chicago-based provider of import-export and value-added warehouse logistics services, for a cash price of $710 million.
March 25, 2022Warren Says Ocean Freight Alliances Add to Inflation
Sen. Elizabeth Warren (D-Mass.) blamed rising U.S. inflation in part on the largest ocean shipping companies, calling “the anti-competitive nature” of the industry the root cause of soaring prices to transport goods around the global economy.
March 25, 2022Truckstop Introduces Load Booking Mobile App
Freight management company Truckstop.com announced March 24 that it will launch a mobile app to connect carriers with loads.
March 24, 2022White House to Seek Infrastructure, Freight Boost in FY23 Budget
WASHINGTON — The Biden White House intends to seek a boost in funding for infrastructure programs and freight-related grants in its upcoming budget request to Congress.
March 24, 2022Pacific, Atlantic Coast Ports Post Strong Volumes in February
Another month, another all-time monthly record at the Port of Los Angeles, the nation’s busiest port facility.
March 24, 2022Lockdowns Hinder Operations at Key Chinese Ports
Congestion in the key Chinese ports of Shenzhen and Hong Kong due to COVID-19 lockdowns has risen to the highest level in five months, posing possible delays to goods heading to the U.S. this summer.
March 24, 2022TCA Discusses Leadership Transition, Presents Awards at Annual Conference
LAS VEGAS — The Truckload Carriers Association moved forward with its leadership transition and recognized fleets’ efforts to provide a better workplace experience for their drivers at the group’s annual conference, convened March 19-22.
March 23, 2022Senate Committee Approves Ocean Shipping Reform Act
WASHINGTON — A U.S. Senate panel easily approved legislation meant to facilitate the flow of freight at the country’s ports.
March 22, 2022