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CVC’s Last-Attempt DB Schenker Bids Called ‘Inferior’

Deutsche Bahn said bids submitted by private equity fund CVC Capital Partners remain “inferior†to the winner’s offer, the latest twist in the $16 billion battle for its logistics unit.

September 30, 2024

East and Gulf Coast Ports Prepare to Close

Key industry and government officials are urging U.S. dockworkers and their employers to avoid a strike at East and Gulf Coast ports, though many facilities are bracing for a shutdown.

September 30, 2024

Biden Administration in Talks to Prevent Dockworker Strike

Pete Buttigieg, Julie Su and Lael Brainard are reportedly urging the United States Maritime Alliance to get to the bargaining table.

September 27, 2024

Will a Rise in In-Store Shopping Aid Freight’s Recovery?

In-store shopping was already on the rise as the retail sector reset after the turmoil of the COVID-19 pandemic, and the upcoming holiday season is likely to expedite the trend.

September 27, 2024

Montreal Port Workers Set to Strike Over Wage Dispute

The union, which represents 1,200 dockworkers, gave 72-hour strike notice on Sept. 27 to the Maritime Employers Association.

September 27, 2024

Watch: ATA Calls on Congress to Streamline Transport Credentials

Essential transportation workers could soon face fewer fees and redundant screenings, thanks to new legislation backed by American Trucking Associations and a coalition of more than 150 supply chain organizations.

September 26, 2024

Lithium Battery Fire Halts Work at L.A., Long Beach Ports

Several terminals at the ports of Los Angeles and Long Beach are closed Sept. 27 after a big rig overturned on a vital roadway and the lithium batteries it was carrying caught fire.

September 27, 2024

Cargo Carriers Fear Port Strike Will Paralyze Half of Trade

The world’s top container carrier is urging customers to move U.S. cargo through East and Gulf Coast ports before the planned start on Oct. 1 of a dockworkers strike.

September 27, 2024

TIA Appoints Christopher Burroughs as New CEO

The TIA board of directors announced the move on Sept. 26, the same day Reinke was named as the next president and CEO of the Intermodal Association of North America.

September 26, 2024