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Port of Seattle May Block Sale of Bankrupt Hanjin's Waterfront Operation

The Port of Seattle is objecting to the sale of the operations center at Terminal 46, where bankrupt South Korean shipping company Hanjin is trying to unload its business to one of the world’s largest cargo firms.

January 10, 2017

Nonbank Lending Rises in Late 2016; Truckers Struggle for Traditional Loans

Nontraditional bank lending to trucking companies picked up moderately in the second half of 2016 as fleets sought to survive during a sluggish freight market, according to lenders with exposure in transportation financing.

January 9, 2017

Intermodal Shipments Drop 1.6% in 2016; Downturn Ends 4 Years of Record Growth

For the first time since 2009, the number of container and trailer units transported on intermodal rail fell on a year-over-year basis, according to 2016 totals from the Association of American Railroads.

January 9, 2017

Union Pacific Acquires Fruit, Vegetable Shipping Firm Railex

Union Pacific, the nation’s largest railroad, has acquired the refrigerated and cold-storage facilities of Railex in Rotterdam, N.Y., Wallula, Washington, and Delano, California.

January 6, 2017

Trucking Executives Frustrated Shippers Trying to Lock In Low Rates

While many in the industry believe this year will be better than 2016, trucking executives are concerned about shippers trying to lock in low rates to get ahead of the curve on the contract market.

January 6, 2017

Best Logistics Group Acquires Carpet Distribution Firm

Best Logistics Group has purchased C&S Carpet Distribution, a carrier based in Dalton, Georgia, that provides consolidation and delivery services for manufacturers of carpet and floor coverings located in Northwest Georgia.

January 6, 2017

Editorial: Welcome to TRB

Twelve thousand people from around the world are so devoted to transportation, in all of its many forms, that they are traveling to Washington, D.C., this week to participate in the 96th annual meeting of the Transportation Research Board.

January 9, 2017

Maersk, Alibaba Partner to Offer Online Ship Booking

Maersk, the world's largest container shipping line, has teamed up with Alibaba to allow customers to reserve space on its vessels through the Chinese company, illustrating growing cooperation between e-commerce and logistics firms.

January 4, 2017

Asia's Shipping Lines Are Facing More Mergers

Swim or sink: That’s the message shipping executives in Asia are taking into the new year.

January 4, 2016