Jerry Moyes, the founder and CEO of Swift Transportation will retire at the end of the year, the company announced Sept. 8.
September 9, 2016Business, Logistics
Swift Transportation Founder, CEO Jerry Moyes to Retire
Business, Logistics
From Steaks to Furniture, Hanjin Shipping Collapse to Raise Freight Costs
The collapse of Hanjin Shipping will boost the cost to U.S. businesses and consumers of a wide range of imported goods, from furniture and clothing to fresh fruit and frozen meat, according to federal agencies, shippers and retailers.
September 9, 2016Business, Logistics
CSX Says Third-Quarter Earnings Will Decline
CSX Corp. has announced that third-quarter earnings will trail both the 2015 period and second quarter profit because freight volumes have slumped.
September 8, 2016Business, Logistics
Hanjin Bankruptcy Could Affect US Holiday Sales
Troubled South Korean firm Hanjin Shipping has been granted temporary bankruptcy protection in the United States.
September 8, 2016Business, Logistics
Port of Virginia Announces New Restrictions in Wake of Hanjin Bankruptcy
The impact of the bankruptcy filing by South Korean ocean carrier Hanjin Shipping Co. continues to be felt in Hampton Roads.
September 7, 2016Business, Logistics
Hanjins Ghost Ships Seek Havens as Food, Water Start to Dwindle
South Koreas cash-strapped Hanjin Shipping Co. is adrift at sea and in more ways than one.
September 6, 2016Business, Logistics
Officials Call For Action on Cargo Delivery Crisis at Ports of Los Angeles, Long Beach
Politicians gathered at the Port of Long Beach onSept. 4to call for the flow of cargo to Southern California to resume, days after the bankruptcy of one of the worlds largest shipping lines disrupted the global supply chain.
September 6, 2016Business, Logistics
Hanjin Group to Provide $90 Million in Aid to Shipping Line
Hanjin Shipping Co.s owner will provide$90 million (100 billion won) as part of efforts to contain disruptions to the global supply chain stemming from the container lines court-receivership filing.
September 6, 2016Perspective, Business, Government, Equipment, Safety, Logistics, Autonomous
Opinion: Jake Brakes Keep Drivers Safe on Steep Roads
You cant work in the trucking industry for long without realizing the interconnectedness of the trucking world goods with communities, roads with ports, airports and railways, regulations across international and provincial borders and municipal boundaries, you name it. Another connection may not be immediately apparent: Canadas National Trucking Week and Jake brakes.
September 5, 2016Business, Logistics
Drayage Firms Look for Answers in Wake of Hanjin Shipping Bankruptcy
Trucking companies are scrambling to find answers in the wake of the Hanjin Shipping bankruptcy potentially saddling motor carriers with unreimbursed costs of $100,000 or more.
September 2, 2016