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.
Minnesota Freight Railroad Files Lawsuit Over Light-Rail Project
Planners of the Southwest light-rail project in Minnesota are facing another legal challenge, this time from a freight rail company that is slated to share a portion of the nearly 15-mile route between Minneapolis and Eden Prairie.
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Kansas City Southern Adds Rail Service Between Port of New Orleans, Dallas
Kansas City Southern will relaunch weekly rail service next month between the Port of New Orleans and metro Dallas, a move that will add more options to customers in the United States and Mexico.
April 26, 2018Truck Driver Shortage Spurs Rising Prices, Delayed Deliveries
If you see prices creeping higher for everything from cereal to socks in the next few months, you can probably blame this stark reality: There aren’t enough truck drivers delivering the goods to stores.
UPS Delivers 1Q Net Income of $1.34 Billion, Up 15% Year-to-Year
UPS Inc. reported double-digit gains in the first quarter as a result of the strength of its global business as well as economic conditions.
Bid to Restrict Lanes for Big Trucks in Baton Rouge Area Dies in House
A bid to ease Baton Rouge traffic problems by requiring big trucks to stay in the right lane during evening rush hour died April 25.
Alberta Drillers Near Deals With Railroads, Potentially Easing Oil Logjam
Alberta’s beleaguered oil industry may get some relief from its persistent shipping bottlenecks in the second half of the year as producers strike deals with rail companies to move more crude.
April 26, 2018Echo Global Logistics Reports Revenue Surge in 1Q
Echo Global Logistics reported record revenue in the first quarter of 2018 and posted a profit, compared with a loss a year ago, as tight capacity drove more business to third-party transportation service providers.
Will Wabtec Acquire GE Transportation?
A flurry of reports over the past few days speculate that GE Transportation will be sold to a longtime supplier, Westinghouse Air Brake Technologies Corp., which does business as Wabtec Corp.
Port Group Urges Caution on Possible US-China Trade War
The American Association of Port Authorities has written to U.S. Trade Representative Robert Lighthizer urging the Trump administration to carefully consider the negative impact trade sanctions could have on the country’s ports and the trucking and transportation industries.
China’s Uber for Trucks Is Said to Raise $1.9 Billion in Funding
Full Truck Alliance Group, China’s biggest app for Uber-like truck services, raised $1.9 billion in funding to fuel its expansion, sources familiar with the matter said.