Merger and acquisition (M&A) activity in the transportation and logistics industry was higher in the fourth quarter of 2012 than in any quarter in the past three years, according to the PricewaterhouseCoopers (PwC) quarterly Intersections report. The accounting and consulting firm said there were a significant greater number of deals in 2012 than in […]
While Atlanta Hartsfield-Jackson International Airport remained the busiest passenger airport in 2012, cargo volumes decreased by 2.52 percent, year over year. Airport officials blamed the decline on a decrease in consumer spending and reduced manufacturing. In the last month of the year, domestic freight and express mail fell by 5.04 percent, year […]
DB Schenker is planning to construct a 41 million euros ($55 million), 54,520-square-foot logistics center in Singapore. The warehouse — which will be geared toward the healthcare, electronics and automotive industries — will be located close to Changi International Airport in the Tampines LogisPark. The facility is being built to environmentally friendly […]
The board said NACPC’s 10 current members account for a very small percentage of the estimated 7,000 motor carriers that provide intermodal transportation of marine chassis in the country.
ROAR Logistics has opened its first office on the West Coast, a development that will help extend its reach into Mexico. The move also puts ROAR closer to heavy port activity. Logistics veteran Marc Sandoval will run the Temecula, Calif., office. The company also has offices in Atlanta; Peoria, Ill.; and Buffalo, […]
The program is set to expire at the end of July and American companies would face $2 million per day in new taxes if Congress fails to renew GSP by Aug. 1, according to the Coalition for GSP.
The U.S. Justice Department on Wednesday said five individuals and five corporations have been charged in an indictment unsealed in Brooklyn, N.Y., for allegedly importing hazardous and counterfeit toys from China for sale in the United States. The 24-count indictment charges Chenglan Hu, 51; Hua Fei Zhang, 52; and Xiu Lan Zhang, 60, […]
The United States on Wednesday requested World Trade Organization dispute settlement consultations with India concerning domestic content requirements in India’s national solar program. “India’s program appears to discriminate against U.S. solar equipment by requiring solar energy producers to use Indian-manufactured solar cells and modules and by offering subsidies to those developers for using […]
Starting Aug. 5, the U.S. Postal Service will discontinue Saturday mail delivery in favor of a Monday-through-Friday schedule at an estimated annual savings of $2 billion.
The U.S. Federal Motor Carrier Safety Administration should create a mechanism to gather and record driving-related employment history information about all licensed commercial truck drivers, and make the information available to all prospective motor carrier employers, the National Transportation Safety Board recommended last week after investigating a highway-rail grade crossing accident in Nevada. […]
Rafi Ben Ari, the carrier’s vice president of shipping, said the “revised network presents an improved alignment, better suited to our customers’ requirements, with improved coverage, reliability and availability.”
The Asia Pacific region’s logistics industry continues to develop at a fast rate despite the economic weakness of its two largest trade partners, Europe and the United States, according to a report by the U.K.-based consultancy Transport Intelligence (Ti). The report, Asia Pacific Transport & Logistics 2013, suggests that shifting trade lanes, the […]
The terminal operating systems (TOS) developer Tideworks Technology has won a contract to supply a TOS to the to-be-developed greenfield Barranquilla Container Terminal in Colombia. Barranquilla Container Terminal is a joint venture between terminal operator SSA International and Sociedad Portuaria del Norte (SNP). The new facility will be managed by Santa Marta International […]
The 3PL experienced a 15.7-percent year-over-year increase in revenue during the fourth quarter of 2012, ending the period at $2.97 billion.
The logistics services provider UTi has enlisted Blue Tree Systems, a provider of trailer tracking, refrigeration monitoring and in-cab fleet management solutions, to provide a fleet management system for its distribution group. Blue Tree’s R:COM Fleet Management system is designed to tackle fuel and performance monitoring, hours of service management, in-cab communication and […]
The North Carolina Council of State Tuesday voted to approve a lease that gives the go-ahead to a public-private partnership seeking to construct a cold storage facility at the Port of Wilmington. The partnership between the North Carolina State Ports Authority and USA Investco is expected to create a state-of-the-art cold storage facility […]
The Port of Tampa said it has been selected as the port of entry for shipments of wing and fuselage assemblies destined for Embraer’s jet assembly plant in Melbourne, Fla. Assemblies were delivered from Santos, Brazil to Tampa by the Pluto Leader, a roll-on/roll-off ship operated by NYK on Tuesday. That ship operates […]
Expanding its portfolio of trucking companies, Eberhart Capital has acquired Omaha-based Poling Transportation for an undisclosed amount. The temperature-controlled trucking company’s current management will remain intact. Eberhart purchased Los Angeles-based Golden Drop Trucking in July and Twin Express of Rogers, Minn., in October. With the latest acquisition, Eberhart now has a fleet […]
Chattanooga, Tenn.-based logistics services provider Kenco has signed a contract for turnkey management of appliance group Haier America’s three hubs in Keasbey, N.J.; Savannah. Ga.; and Fontana, Calif. Financial details of the deal were not disclosed. Kenco will manage and handle every aspect of these distribution centers through a single management system, networking the […]
The National Industrial Transportation League, the nation’s largest shipper organization, urged the U.S. Federal Maritime Commission to “closely examine the ramifications and impacts” of a plan by the Transpacific Stabilization Agreement (TSA) to include the U.S.-to-Asia as well as Asia-to-U.S. trade. TSA currently makes up about 90 percent of the available carrier capacity operating […]
