Truck drivers are facing a shortage of chassis to haul 40- and 45-foot containers from the ports of Seattle and Tacoma, according to The Northwest Seaport Alliance.
October 9, 2017Search
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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.
Belgian Mail Carrier Bpost to Buy Amazon Rival Radial for $820 Million
Bpost SA, the European mail carrier controlled by the Belgian state, agreed to buy former eBay Inc. enterprise unit Radial to bolster its U.S. delivery services.
October 9, 2017TMC Workforce Expands Supply Chain Business With Purchase of Summitline Industries
TMC Workforce Solutions, a national staffing and recruiting firm based in Houston, announced it has acquired Summitline Industries in Fort Wayne, Ind., as part of an effort to expand its supply chain support business.
October 9, 2017Flexport Raises $110 Million to Fund Expansion
Flexport has raised $110 million in funding to “double down” on its web-based business model for freight forwarding.
October 10, 2017Truckload Carrier Pitch to Raise Rates in 2018 Underway; ELDs, Driver Pay, Turnover All Concerns
The combination of the electronic logging device mandate, a shortage of drivers and an improving freight market has carriers and shippers wondering about transportation prices heading into 2018.
October 9, 2017Universal Expects Growth in Operating Income, EPS for First Time Since 2015
Universal Logistics Holdings Inc. expects revenue to grow about 10% in the third quarter when earnings are released after the market closes Oct. 26.
October 6, 2017World Direct Shipping to Double Port Manatee Service
Six months after extending its agreement with Port Manatee, Fla., through 2019, ocean carrier World Direct Shipping is adding a second weekly sailing between Veracruz, Mexico, and the Palmetto port.
October 6, 2017West Memphis, Tenn., Beefing up Deepwater Port’s Rail Service
A $10.9 million upgrade of West Memphis port facilities is under way, increasing connectivity among river, road and rail traffic and offering potential for up to 3,000 new jobs.
October 6, 2017C.A.T. Holding Boosts Truckload Business in Canada With Purchase of SLH Transport
Canadian American Transport Holding Inc. announced that it has acquired SLH Transport in Kingston, Ontario — a move that triples the size of its truck fleet in Canada and provides stability for employees of SLH Transport, a carrier whose owner, Sears Canada, filed for bankruptcy protection in June.
October 6, 2017AAPA’s New Chairman From Port Everglades Begins One-Year Term
Steve Cernak has officially begun his duties as the new chairman of the American Association of Port Authorities, replacing Mark McAndrews.
October 6, 2017