DAT: Spot truckload volumes rise 11%
Combined spot truckload volumes for all three equipment types – van, flatbed and reefer – increased 11 percent for the week of March 27-April 2, compared to the prior week, according to DAT Solutions.
Combined spot truckload volumes for all three equipment types – van, flatbed and reefer – increased 11 percent for the week of March 27-April 2, compared to the prior week, according to DAT Solutions.
The integrated logistics provider expanded its Latin America network with the addition of three company-owned operations in Colombia, located in Bogota, Medellin and Cali.
Martin Bencher Group and Trax Technologies appoint COOs, while JLL hires global infrastructure advisor, National Tank Truck Carriers names VP of marketing and NationaLease picks business development manager.
The South Korean shipping conglomerate is also considering sale of its tanker business as part of its “self-rescue” plan to increase liquidity and improve its finances, according to local media reports.
In a research note, analyst Michael Webber of Wells Fargo cited both internal company sources and the Oil Price Information Service, who say Kinder Morgan may sell a half interest in the 16-ship fleet.
The U.S. Food and Drug Administration has finalized a new safety rule to help prevent the contamination of both human and animal foods during transport.
Publicly traded freight forwarders reported an average airfreight tonnage decrease of 2.2 percent year-over-year in the fourth quarter of 2015, while ocean freight volumes also declined 2.2 percent during the quarter, according to investment firm Stifel.
The Federal Railroad Administration is accepting applications for $25 million in grant funding available to railroads, suppliers, and local governments for implementation of Positive Train Control as part of the 2016 Consolidated Appropriations Act.
Taiwanese ocean carrier Wan Hai had the highest on-time performance score out of the top 20 ocean carriers during the month at 82.9 percent, according to Denmark-based consulting firm SeaIntel Maritime Analysis’ Global Liner Performance report.
Alexandre de Juniac, chief executive officer of Air France-KLM Group, is resigning his post to replace Tony Tyler as head of the International Air Transport Association, according to a statement from Europe’s biggest airline.
Taiwanese ocean carrier Evergreen Line has joined the Ocean 3 Alliance’s Phoenician Express Service/BEX2 loop between the Far East and the Mediterranean.
Rate management software provider Freightos surveyed more than 90 forwarders on their perspectives on customer service and technology adoption.
The Commerce Department reported that U.S. exports of goods and services in February increased 1 percent from January to $178.1 billion.
The Memphis, Tenn.-based parcel carrier and logistics provider will use the proceeds to help finance its planned 4.4 billion euro purchase of Dutch delivery company TNT Express NV.
The cargo airline unveiled its QR Cargo application, which is available for both Android and iOS devices and gives customers detailed visibility into the status of their shipments.
A total of 1.75 million tons of cargo were transported by U.S.-flag Great Lakes freighters during the month, a 112 percent increase from March 2015.
Kansas City Southern Railway Co. will invest about $20 million in 2016 in construction and improvements along its mainline, which transits through Kansas, Missouri, Oklahoma, Arkansas and northwest Louisiana.
The ocean carrier opened a new joint-venture agency in Uruguay and will inaugurate new agencies in Brazil and Argentina.
SAL appoints manager of Singapore office, while Union Pacific appoints cyber-security expert to board and Johanson Transportation Service announces promotions.
Commercial practices for certifying the weight of ocean containers can be developed in a straight forward way, with few exceptions, according to officials from trade groups that bear ultimate responsibility for enforcement of the IMO rule.