Publicly traded trucking firms have seen record-setting freight in the first half of this year but their stock prices have lagged as cautious investors pulled back from a long-running bull market and an industry that can’t find enough drivers to haul its loads.
July 12, 2018Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Shippers Score With Safe Delivery of MLB Umpires' Gear
Two companies, DHL Same Day of Sterling, Va., and Crane Cartage Freight Services of Houston, are responsible for making sure that Major League Baseball umpires’ equipment trunks are delivered to the next ballpark, no matter when the last game ended, and when the next one starts.
July 10, 2018As Trump Pushes to Privatize the Troubled US Postal Service, Others Push Back
U.S. Rep. Emanuel Cleaver recalls the days when, every morning at 10, his grandmother would walk to the post office in Waxahachie, Texas, to catch up with friends, family and other community members.
July 10, 2018Port of San Diego Lands Large Liner Contract
The Port of San Diego has landed its biggest maritime contract in years with a European company that will transport steel and other goods through the Tenth Avenue Marine Terminal.
July 10, 2018UPS Signs Lease for Million-Square-Foot Pennsylvania Warehouse
What can brown do for you? Apparently, it can fill a 1 million-square-foot warehouse along Route 33 in Palmer Township, Pa.
July 10, 2018Port Authorities of Georgia, South Carolina Partner to Tackle Chassis Shortage
The Georgia and South Carolina port authorities are teaming up to ensure that cargo continues to move in the region.
July 9, 2018Amazon Poised to Propel Cargo Business at Illinois’ Rockford Airport
ROCKFORD, Ill. — Cargo business is poised to maintain its upward trajectory at Rockford’s airport, which has positioned itself as a spoke in the airfreight network that Amazon is building so it can deliver its products without relying solely on traditional shippers such as UPS and FedEx.
July 9, 2018World’s Biggest Shipping Market Booms as Trade War Shrugged Off
Whether it’s the price of hiring giant freighters to haul hundreds of millions of tons a year of iron ore and coal, or smaller carriers moving grains, there’s a theme emerging: dry- bulk shipping rates are rallying despite an escalating trade war that may yet damage China’s economy.
July 6, 2018Atlanta Scorches Van Loads, Reefer Spot Markets
Atlanta is burning. The Big A is the No. 1 city for spot market posts for van loads and refrigerated loads through the first half of 2018, according to DAT Solutions, the operator of a major freight load board marketplace for North America.
July 6, 2018Cosco Shipping to Sell $947 Million of Orient Overseas Shares
Cosco Shipping Holding Co. plans to sell as much as HK$7.43 billion ($947 million) of shares in Orient Overseas International as part of efforts by China’s biggest container-shipping line to maintain the listing status of the rival it is acquiring.
July 6, 2018