Logistics

About Logistics News...

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.
 

Business, Logistics

Hub Group Revenue Tops $1 Billion in Fourth Quarter

Hub intermodal train Hub Group

Intermodal and logistics service provider Hub Group reported revenue topping $1 billion and higher profits in the fourth quarter of 2018.

Daniel P. Bearth | Staff Writer
February 7, 2019
Business, Logistics

Americold Acquires PortFresh Warehouse, Plans Port of Savannah Expansion

An Americold cold-storage warehouse An Americold cold-storage warehouse. The $35 million acquisition of PortFresh will increase Americold's footprint at the Port of Savannah in Georgia. (Americold)

Cold storage warehouse operator Americold acquired PortFresh Holdings in Savannah, Ga., and said it will build a 15 million-square-foot cold storage facility on an adjacent site as part of a move to increase the firm’s share of the market for food imports and exports at the Port of Savannah.

Daniel P. Bearth | Staff Writer
February 7, 2019
Government, Business, Logistics

Amazon Cuts Deal to Unfreeze Suspended Product Listings in India

Warehouse Ruhani Kaur/Bloomberg News

Amazon.com resurrected thousands of suspended product listings in India by selling much of its stake in top local venture partner Cloudtail, a hastily arranged deal intended to comply with stringent new e-commerce regulations that upended the market.

Saritha Rai | Bloomberg News
February 7, 2019
Business, Logistics

Steel Expected to Struggle on China Tariffs

Steel Rolls of steel (Cole Burston/Associated Press)

After two years of bumper profits, the steel industry is entering a slowdown. ArcelorMittal, as well as smaller European producers like Salzgitter AG and Voestalpine AG, are sounding the alarm about weakening conditions, particularly in China. The country, which uses about half of the world’s steel, is now expected to see a drop in demand, the first contraction since 2015.

Elena Mazneva | Bloomberg News
February 7, 2019
Business, Logistics, Top 100

Mullen Group Takes Hit From Downturn in Oil Field Services

A Mullen heavy-haul truck. Mullen Trucking Corp.

Mullen Group reported higher revenue and profits in the fourth quarter of 2018 despite a “market meltdown” caused by falling oil prices that curtailed demand for transportation services as the year ended.

Daniel P. Bearth | Staff Writer
February 7, 2019
Government, Business, Logistics, TCA

Port Authority in Pittsburgh Seeks $3 Million From Norfolk Southern for Derailment Costs

Norfolk Southern Gene J. Puskar/Associated Press

The Port Authority of Allegheny County in Pennsylvania is asking Norfolk Southern Corp. for $3 million to reimburse costs incurred during the August derailment at Station Square that disrupted light rail traffic for nearly three weeks.

Megan Guza | The Tribune Review (Greensburg, Pa.)
February 7, 2019
Business, Logistics, Top 50, Top 100

Werner Enterprises Posts Record Results

Werner Enterprises truck Werner Enterprises Inc.

Werner Enterprises produced record revenue and higher profits in the fourth quarter of 2018 as a strong economy fueled demand for both its trucking and logistics services.

Daniel P. Bearth | Staff Writer
February 7, 2019
Government, Business, Logistics, TCA

Gas-Tax Hike Needed for Roads, Maintenance, Ohio Transportation Panel Says

Ohio Construction on Interstate 75 in Dayton, Ohio. (Skip Peterson/Associated Press)

After two meetings, a committee formed by Gov. Mike DeWine to study options for fixing a shortfall in money for road construction and maintenance has come to a consensus that the state gasoline tax needs to increase.

Jim Siegel | The Dispatch (Columbus, Ohio)
February 7, 2019
Business, Equipment, Logistics, TCA

Seattle Port Finds a Partner for Major Upgrade to Terminal

Port Of Seattle Trucks entering a terminal at the Port of Seattle. (Elaine Thompson/Associated Press)

On Feb. 5, officials with the Northwest Seaport Alliance, the joint venture between the ports of Seattle and Tacoma, unveiled a tentative deal with Seattle-based Stevedoring Services of America Terminals, one of the world’s largest terminal operators, to manage a planned “big ship” loading facility on Terminal 5, just west of Harbor Island.

Paul Roberts | The Seattle Times
February 6, 2019
Government, Business, Logistics

Intermodal Volume Growth in 2018 Best in Five Years, IANA Report Says

J.B. Hunt intermodal J.B. Hunt

Driven by tight trucking capacity and the threat of tariffs, intermodal volumes increased 5.6% in 2018, their highest growth in five years, according to the Intermodal Association of North America’s annual report.

Jim Stinson | Staff Reporter
February 6, 2019

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