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Net trailer orders in December were the second-highest of the year, and improved year-over-year as well, but 2016 remained significantly weaker than 2015, ACT Research said.

Kansas City Southern reported lower profits in the fourth quarter and full calendar year 2016 compared with the same period of 2015, although the freight railroad was most hurt due to foreign exchange rate losses from its international business.

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.

A new coalition of shippers and retailers led by UPS Inc., FedEx Corp. and Amazon.com plans to call on members of Congress to support the nationwide access of twin 33-foot trailers, a move likely to ignite a contentious debate among lawmakers during the 115th Congress.

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.

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.