For several top North American container ports 2016 was a record-setting year, and industry analysts are cautiously optimistic that 2017 will be even better despite the uncertainty in Washington that comes with a new presidential administration.
January 23, 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.
Outgoing DOT Chief’s Final Report Provides Road Map for Infrastructure
Investments in infrastructure are needed across every level of government to accommodate the massive increases in truck traffic and freight demand over three decades, outgoing Secretary of Transportation Anthony Foxx indicated in his final report as head of the agency.
January 23, 2017US Judge Approves Hanjin's Sale of Total Terminals International for $133 Million
A U.S. District Court bankruptcy judge has approved a $133 million dollar deal between Hanjin Shipping Co. and a terminal operating subsidiary of the Mediterranean Shipping Co. to purchase a majority share in Total Terminals International.
January 19, 2017Railroads Report Better Fourth Quarter, But Shakeup Could Alter Industry in 2017
The fourth quarter marked a turnaround for the railroad companies from the lackluster year, according to earnings released last week, but a potentially major shakeup could result in an interesting 2017 for the industry.
January 19, 2017CSX Reports Lower Earnings In Fourth Quarter But Matches Analyst Forecasts
CSX Corp. reported weaker earnings in the fourth quarter than the same period in 2015, although the freight carrier met analyst estimates compiled by Bloomberg News.
January 17, 2017Railroad Profit Rebound Plays Catch-Up to Yearlong Stock Surge
With U.S. railroads forecast to report their first earnings growth since 2015, a stock rally that began in anticipation of the profit rebound is looking overdone.
January 17, 2017Opinion: Appreciate Truck Drivers Every Day of the Year
National Truck Driver Appreciation Week was Sept. 11–17 last year here in America. It is recognized as a time to honor and acknowledge the nation’s truck drivers for their dedication and hard work and for putting up with extraordinarily challenging working conditions throughout the year.
January 16, 2017Editorial: Salute 20 Ambassadors of Trucking
Please take a moment to note and appreciate something that doesn’t happen nearly often enough. Twenty of our fellow citizens are being lauded with national attention for devotion to their industry, working hard and carefully on a consistent basis over time, in a way that helps to make for a smoothly running society.
January 16, 2017XPO Lands Cummins Logistics Contract
XPO Logistics has won a contract to manage the primary parts distribution center in Memphis, Tennessee, for diversified manufacturer Cummins Inc., XPO said Jan. 11.
January 12, 2017Transportation for Urban Eating: High Demand, High Levels of Difficulty
WASHINGTON — Modern urban life presents special challenges for food transportation and distribution, including constant replenishment of stock to recipients who are often in challenging delivery locations.
January 12, 2017