Shipments rose 3% last month at Savannah, Georgia, the nation’s fourth-largest container port, as shipment growth continued at the second-busiest port on the Atlantic Coast, the Georgia Ports Authority reported.
November 17, 2015Search
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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.
Alkane to Build Class 7 Cabover Fueled by Propane or Natural Gas
Alkane Truck Co. announced that it will begin production in early 2016 on a Class 7 cabover truck powered by either liquid propane autogas or compressed natural gas.
November 16, 2015Freight Firms Cheer Pacific Trade Deal
The Trans-Pacific Partnership, a free trade agreement hammered out by the United States and 11 Pacific Rim nations, is drawing praise from international freight carriers who see it as a powerful stimulus for business.
November 16, 2015Deutsche Post Profit Plunges 71% on Software-Project Costs
Deutsche Post AG’s third-quarter profit plunged 71% after the German delivery company booked 345 million euros ($372 million) in costs from a failed software project. The shares dropped the most in 2 1/2 months.
November 12, 2015Intermodal Rail Traffic Declines for Third Consecutive Week
Weekly U.S. intermodal rail traffic declined for the third consecutive week from the same period last year, according to the Association of American Railroads.
November 12, 2015ºÚÁϳԹÏÍøs Evacuated as Second Train in Two Days Derails in Wisconsin
A Canadian Pacific freight train carrying crude oil through Wisconsin derailed on Nov. 8, knocking 13 cars off the tracks, spilling oil and leading 35 homes to be evacuated, in the state's second derailment in two days.
November 9, 2015Global GDP Worse Than Official Forecasts Show, Maersk Says
The world’s economy is growing at a slower pace than the International Monetary Fund and other large forecasters are predicting.
November 9, 2015XPO Completes Con-way Purchase; Picks LTL Chief, Begins Cost Cuts
XPO Logistics Inc. last week began consolidating its latest acquisition, Con-way Inc., and also announced higher profit targets as well as revenue that tripled in the third quarter.
November 9, 2015Intermodal Growth Slows in Third Quarter
Truck/rail freight growth slowed to 3.4% in the third quarter, the Intermodal Association of North America reported, as domestic growth was stunted by truckers taking advantage of favorable fuel prices and capacity.
November 5, 2015Maersk Line to Cut Capacity and Jobs as Global Demand Sags
A.P. Moeller-Maersk A/S is scaling back capacity and cutting jobs in the world’s largest shipping line to adapt to a drop in demand.
November 4, 2015