Three months after Hurricane Harvey ravaged Houston, home-improvement retailers Lowes Cos. and NFI Industries will open up a new distribution center in the city to handle the extra volume anticipated in the rebuilding effort.
December 4, 2017Business
Former Swift CFO Ginnie Henkels Joins Viad Board
Virginia Ginnie Henkels, Swift Transportations former chief financial officer, has landed a new post on the board of directors at Viad Corp., which serves the live event and travel industries.
December 4, 2017Business
Simplified Hires Logistics Veteran as CFO
Simplified Logistics, a transportation management service company, hired Sheila Taylor, who has experience in the third-party logistics and less-than-truckload sectors, to be its chief financial officer.
December 4, 2017Business
Lineage Buys U.S. Growers Cold Storage, Adding Eight SoCal Warehouses
Lineage Logistics has purchased eight temperature-controlled warehouses under the U.S. Growers Cold Storage brand in Southern California.
December 4, 2017Business
Tank-Truck Carrier Patriot Transportation Suffers Steep Decline in Profits
Tank-truck carrier Patriot Transportation Holding reported a sizeable decline in profits in its fiscal fourth quarter directly tied to hurricanes Harvey and Irma and the lose of a key customer.
November 30, 2017Business
Harrison Talks CSX Succession Plan as Shippers Brace for New Fees, Tighter Rules in 2018
CSX Corp. CEO Hunter Harrison told a conference that hes trying to stay back a little bit, prompting questions about how much hes involved in the day-to-day operations at the U.S. railroad and how soon a transition in leadership might occur.
November 30, 2017Business
Railroads Must Modernize, Industry Consultant Says
The Class I railroads have rebounded in 2017, but volumes remain far below what they were decades ago, and if the industry hopes to return to its heyday, executives must re-examine how to offer 21st century solutions, according to a rail consultant.
November 30, 2017Business
SoCal Port Turn Times Fall 7 Minutes in October
The average time it took a truck driver to enter and exit the major Southern California ports fell 7 minutes in October on a year-over-year basis, according to monthly data from the Harbor Trucking Association.
November 15, 2017Business, Equipment, Logistics
Three East Coast Ports Handle Record Cargo Volumes in October
Three major East Coast ports shattered records for container volume in October, another sign that 2017 has been a strong year in the ocean freight industry.
November 13, 2017Business
Flatbed Carrier Daseke Generates Small Profit in 3Q
Daseke Inc. reported a profit for the first time since it became a publicly traded company last winter, reversing losses as a private entity one year ago and two quarters in the red in 2017.
November 9, 2017