Logistics
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
FleetSharp, Asset IQ Partner to Track Equipment
FleetSharp GPS Tracking, a provider of GPS fleet management tools and asset trackers, has partnered with Asset IQ Financial Services to provide a new way for financial institutions to save time and money when keeping track of assets.
December 9, 2019Roadrunner Sells Flatbed Operation
Roadrunner Transportation Systems Inc. announced the sale of its flatbed business unit for $30 million in cash, subject to customary purchase price and working capital adjustments.
December 9, 2019Where’s My Amazon Package? It May Be Late
NEW YORK — It’s just a week into the holiday shopping season, and Amazon already is having trouble getting packages to shoppers’ doorsteps on time.
Lineage Acquires Emergent Cold as Refrigerated Supply Heats Up
Lineage Logistics Holdings said it will acquire Emergent Cold in the latest consolidation of cold-storage companies that do business globally.
Possibilities, Costs ‘Enormous’ for A2A Rail
The backers of a new rail line to link Alaska to Canada and Lower 48 markets insist it would generate upward of $5 billion of freight revenue through the state.
Port of Savannah on Track for Record Year
The Georgia Ports Authority is on track to set yet another record with more than 4.6 million 20-foot equivalent container units.
Michigan Lawmakers Weigh Bill on Tolling Feasibility Study
Michigan legislators are considering a bill that would authorize a study on the feasibility of tolling certain highways.
Tunnel Planned for California Bullet Train Under Burbank Airport
The complexity of building a bullet train through Southern California’s urban maze is leading state officials to consider two major additions: a tunnel under the Burbank airport and a project that would help a freight railroad expand its switching yards in the Inland Empire.
CN Rail Downgrades Financial Outlook as Result of Strike
Canadian National Railway is making a quick recovery from the eight-day strike by 3,200 Teamsters Canada Rail Conference conductors and yard crews, according to the Montreal-based railroad.
Advantage Reinvests in Capital City Trucking
Advantage Capital announced a $3.37 million investment in Richland, Miss.-based Capital City Trucking.
December 2, 2019