Seko Logistics Acquires Stake in e-commerce Firm
Seko Logistics has acquired an equity stake in Metakinetic, an e-commerce company.
October 2, 2014Logistics Firm Network FOB Acquires Interlog USA
Network FOB, a Jacksonville, Florida-based logistics firm, has acquired international transportation company Interlog USA Inc. Terms were not disclosed.
October 2, 2014Oil-by-Rail Safety Rule Seen Adding Costs: Railroads, API
Proposed federal rules to make hauling crude oil by rail safer and avoid fiery wrecks would drive up costs and put the U.S. energy revival at risk, the head of an oil industry trade group said.
September 30, 2014Consumer Confidence Declines to Four-Month Low
Confidence among U.S. consumers declined in September to a four-month low as Americans’ views of the labor market deteriorated.
September 30, 2014Shipping Costs Expected to Increase as Freight Carriers Seek Higher Rates
Shippers can expect to pay more to secure freight-hauling capacity as truck and rail carriers raise rates to cover rising costs and to fund investments in equipment and infrastructure, according to transportation and logistics executives.
September 29, 2014Trailer Orders Jump 56.9% During Best August in 20 Years
New trailer orders jumped 56.9% in August from a year earlier and rose to the highest total for that month in 20 years, ACT Research reported.
September 26, 2014Intermodal Traffic Rises 6.4%
U.S. rail intermodal traffic increased 6.4% in the week ended Sept. 20 compared with the same week last year, the Association of American Railroads reported.
September 26, 2014Stoughton Wins Round in Container Anti-Dumping Case
The U.S. Department of Commerce has ruled in an anti-dumping case brought by equipment manufacturer Stoughton Trailers that Chinese manufacturers of 53-foot containers for U.S. intermodal service must make payments into an escrow account to cover trade tariffs.
September 24, 2014Port of L.A. Reopens Container Terminals After Wharf Fire
The Port of Los Angeles on Sept. 23 reopened its container terminals after a fire at an old wooden wharf caused air quality concerns, the Associated Press reported.
September 24, 2014EPA Recognizes Logistics Firms for Reducing Emissions
SAN ANTONIO – The U.S. Environmental Protection Agency recognized seven shippers and four logistics firms for their efforts to reduce emissions as part of the agency’s SmartWay Transport Partnership at the Council of Supply Chain Management Professionals annual conference here Sept. 23.
September 23, 2014