Package carrier DHL Express on Nov. 19 announced a 4.9% average rate increase for U.S. customers next year, matching the direction of package pricing adjustments by UPS Inc. and FedEx Corp.
November 23, 2015Search
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Canadian Pacific Makes $28.1 Billion Offer for Norfolk Southern in Consolidation Move
Canadian Pacific Railway Ltd. last week presented Norfolk Southern Corp. with an acquisition offer worth at least $28.1 billion, rekindling the fires of rail consolidation that have been dormant since 1999.
November 23, 2015Intermodal Rail Volume Continues Slide with Fourth Consecutive Decline
Weekly U.S. intermodal rail traffic declined for the fourth consecutive week from the same period last year, according to the Association of American Railroads.
November 19, 2015Top Container-Leasing Firms Agree to Merge
Triton Container International and TAL International Group have agreed to a merger, creating the world’s largest lessor of intermodal shipping containers with a combined fleet of nearly 5 million 20-foot equivalent units and revenue earning assets of $8.7 billion.
November 17, 2015Manufacturers Highlight Freight, Trucking Productivity While Urging Passage of Highway Bill
The National Association of Manufacturers is urging transportation leaders to quickly advance a multiyear highway reauthorization bill that boosts investments in freight transportation, and trucking productivity.
November 17, 2015Logistical Labs Offers Intermodal Booking Option
Software provider Logistical Labs is offering a door-to-door intermodal booking system for CSX and some Norfolk Southern truck-rail service.
November 16, 2015Savannah Cargo Volume Rises 3% in October
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, 2015Alkane 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, 2015
 
 
 
 
 
 
 
 
