Norfolk Southern Customers Lobby Regulators Against Canadian Pacific Bid
Industry groups representing major freight customers of Norfolk Southern Corp. have asked the U.S. rail regulator to reject any bid for the railroad by Canadian Pacific Railway Ltd., according to letters viewed by Reuters.
January 4, 2016Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
Asia's Shipping Lines Are Facing More Mergers
Swim or sink: That’s the message shipping executives in Asia are taking into the new year.
January 4, 2016November Trailer Orders Climb 10%, Driven by Big-Fleet Demand
Net orders in November for new truck trailers were the third-highest of all time as large fleets sought replacement units and continued a solid order season, ACT Research Co. reported.
January 4, 2016George Washington’s Battle Experience Led to First National Road for Freight
FORT NECESSITY, Pa. — Dwight Eisenhower is often cited for the major role he played in making surface transportation an important federal responsibility, but the idea didn’t start with Ike. It goes back to the first popular general-turned-president — George Washington.
January 4, 2016Norfolk Southern Turns Down Third Acquisition Offer, Calling Canadian Pacific’s Bid ‘Grossly Inadequate’
Canadian Pacific Railway Ltd. is weighing options such as a proxy fight after Norfolk Southern Corp.’s board of directors for the third time rejected an acquisition offer as “grossly inadequate” and unlikely to pass regulatory muster.
January 4, 2016Megaship Docks in L.A. as Change Roils Shipping Industry
The largest containership ever to arrive at a North American port is docked at the southern tip of Los Angeles, a sign of the rapid changes under way in the global shipping industry.
December 30, 2015NFI Starts Dedicated Fleet in Florida Using CNG
Supply chain services provider NFI Industries announced that it launched a natural gas-fueled dedicated fleet in central Florida to serve a national home improvement retailer in the region.
December 28, 2015Norfolk Southern Again Rejects Canadian Pacific Acquisition Offer
Norfolk Southern Corp. for the third time rejected an acquisition offer from Canadian Pacific Railway Ltd., saying the latest proposal also was ” grossly inadequate” and “creates substantial regulatory risks and uncertainties that are highly unlikely to be overcome.”
December 23, 2015AASHTO Sets Roadside Safety Device Installation Schedule
The American Association of State Highway and Transportation Officials announced its approval on Dec. 22 of a schedule for implementing the use of such roadside safety hardware devices as guardrails and crash cushions on the National Highway System that meet new crash-testing standards.
December 22, 2015November Trailer Orders Third Highest in History, FTR Reports
Net U.S. trailer orders in November exceeded expectations for the second consecutive month, rising to the third-highest monthly total on record, research firm FTR reported.
December 21, 2015