CSX Says Third-Quarter Earnings Will Decline
CSX Corp. has announced that third-quarter earnings will trail both the 2015 period and second quarter profit because freight volumes have slumped.
September 8, 2016Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
Hanjin Bankruptcy Could Affect US Holiday Sales
Troubled South Korean firm Hanjin Shipping has been granted temporary bankruptcy protection in the United States.
September 8, 2016Port of Virginia Announces New Restrictions in Wake of Hanjin Bankruptcy
The impact of the bankruptcy filing by South Korean ocean carrier Hanjin Shipping Co. continues to be felt in Hampton Roads.
September 7, 2016Hanjin’s Ghost Ships Seek Havens as Food, Water Start to Dwindle
South Korea’s cash-strapped Hanjin Shipping Co. is adrift at sea — and in more ways than one.
September 6, 2016Officials Call For Action on Cargo Delivery Crisis at Ports of Los Angeles, Long Beach
Politicians gathered at the Port of Long Beach on Sept. 4 to call for the flow of cargo to Southern California to resume, days after the bankruptcy of one of the world’s largest shipping lines disrupted the global supply chain.
September 6, 2016Hanjin Group to Provide $90 Million in Aid to Shipping Line
Hanjin Shipping Co.’s owner will provide $90 million (100 billion won) as part of efforts to contain disruptions to the global supply chain stemming from the container line’s court-receivership filing.
September 6, 2016Opinion: Jake Brakes Keep Drivers Safe on Steep Roads
You can’t work in the trucking industry for long without realizing the interconnectedness of the trucking world — goods with communities, roads with ports, airports and railways, regulations across international and provincial borders and municipal boundaries, you name it. Another connection may not be immediately apparent: Canada’s National Trucking Week and “Jake” brakes.
September 5, 2016Drayage Firms Look for Answers in Wake of Hanjin Shipping Bankruptcy
Trucking companies are scrambling to find answers in the wake of the Hanjin Shipping bankruptcy potentially saddling motor carriers with unreimbursed costs of $100,000 or more.
September 2, 2016Truckers Face Wide-Ranging Challenges From Stranded Hanjin Freight
Truckers who are being challenged on multiple fronts by bankrupt Hanjin Shipping’s stranded cargo that they already have are facing additional obstacles as U.S. ports take a variety of approaches to accepting or releasing the Korean carrier’s goods that are on the docks or afloat nearby.
September 2, 2016Hanjin Ships Get Stranded in High Seas, Roiling Supply Chain
Hanjin Shipping Co.’s vessels are getting stranded at sea after the South Korean container mover filed for court protection, roiling the supply chain of televisions and consumer goods ahead of the holiday season.
September 1, 2016