Werner increases revenue and net income in 2014
The trucking and logistics company increased year-over-year net income by 14 percent compared with 2013.
The trucking and logistics company increased year-over-year net income by 14 percent compared with 2013.
TechNavio report on the trucking sector includes analysis of truckload, LTL and private carriers, weighing the potential for growth against market headwinds.
Liner giant said last month it cut capacity 10 percent in response to reduced European demand.
White House augments GROW America Act by two years, $178 billion as part of 2016 budget proposal.
US Ocean, the U.S.-flag vessel-operating subsidiary of Houston-based Intermarine, has recently taken delivery of the vessel Ocean Globe.
HMM taps Inchcape for Australian liner business, Pilot Freight Services sets revenue record in 2014, Reddaway and Troy Container Line start new services, Northwest Innovation Works relocates its corporate headquarters and CMA CGM opens two new offices.
TQL names a new president, while AIAG elects is new chairman.
Port congestion is causing layoffs and inability to reach overseas consumers.
Port authority says container volumes last year were 5.4 percent higher than in 2013.
Justice Department said sentence is first against an executive in its roll-on/roll-off shipping investigation.
Philadelphia handled 449,122 TEUs of cargo, or 22.2 percent more than the 367,499 TEUs it did in 2013.
States face shortfall in highway aid as debate intensifies over long-term transport bill.
Norfolk Southern and the Brotherhood of Locomotive Engineers and Trainmen on Friday reached a new collective bargaining agreement.
From the investigation, ITC will provide an overview of recent and current trends in Cuban imports of goods and services.
The government said consumer spending helped drive growth in the last three months of 2014.
A chart in Friday’s AS Daily showing a consensus “forecast of forecasts” for economic growth in the Americas included a keying error showing projected U.S. GDP in 2015 at 2.0. The real estimate is for 3.3 percent growth.
Senior executive appointments were made at “K” Line, Cardinal Logistics and Swissport.
Port director’s tenure has seen projects to deepen harbor, raise Bayonne Bridge, expand marine terminals and intermodal rail.
Hueneme CEO says port could offer relief valve for congestion.
Consensus shows better growth than other parts of world.