PARIS — FedEx Corp announced Oct. 17 that it would invest $1.5 billion to double the capacity of its logistics activities at Charles de Gaulle International Airport in the Paris suburb of Roissy.
October 18, 2016Search
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Robert Brown of Bot Auto breaks down the state of autonomous trucking today, and where it's headed.
Kuehne + Nagel Earnings Decline Even as Sea Freight Volume Rises
Kuehne + Nagel Inc. reported third-quarter earnings before interest, taxes, depreciation and amortization fell 3.6% to $273 million, counter to analysts’ average estimate of a 6.4% increase to $267 million.
October 18, 2016Natso Joins R.I. Trucking Association in Fight Against Truck-Only Tolls
The Rhode Island Trucking Association has a new ally, the National Association of Truck Stop Operators, in its ongoing battle against Gov. Gina Raimondo’s trucks-only tolling plan.
October 18, 2016Family May Be Driving Schneider IPO
Underlying the plans by multibillion-dollar Schneider trucking company to go public are likely the varying desires of different family members to cash in on at least some of their ownership interest.
October 17, 2016Hanjin Bankruptcy Hits Long Beach Port Hard, But Los Angeles Left Unscathed
Container traffic at the two biggest West Coast ports was mixed in September, with a significant drop in Long Beach because of the Hanjin bankruptcy but a gain in Los Angeles, which had less exposure.
October 14, 2016Privately Owned Schneider Eyes Going Public; IPO Would Be Trucking’s First Since 2010
Schneider, the nation’s largest privately owned motor carrier and a major provider of intermodal transportation and logistics services, has decided to go public.
October 17, 2016Judge Signs Off on $28 Million Settlement Between Schneider, Truck Drivers
A $28 million settlement agreement between Schneider and a group of truck drivers who alleged the company did not properly offer them meal and rest breaks was approved this week by a California judge.
October 14, 2016Feds Want More Info on Proposed Great Lakes Basin Freight Railroad
The federal Surface Transportation Board wants to know how many trains would run on the proposed Great Lakes Basin Railroad and also wants more details on its planned connection to the South Shore Freight Railroad.
October 13, 2016Utility Trailer Opens Arizona Location
Utility Trailer Manufacturing Co. opened a new full-service dealer location in Tolleson, Arizona.
October 13, 2016Korean Court to Get Final Bids for Hanjin Assets by Early November
A South Korean court will receive bids by November on the sale of the marketing network of Hanjin Shipping Co.’s Asia-U.S. operations as part of efforts to raise funds for the indebted company.
October 13, 2016