Workforce reductions affect non-sales positions like IT, human resources, and accounting and stem from XPO’s 2015 acquisition of less-than-truckload provider Con-way Freight.
E-commerce giant Amazon.com Inc. referred to itself for the first time as a “transportation service provider” in its annual 10-K report submitted to the United States Securities and Exchange Commission.
South Korean shipping conglomerate Hyundai Merchant Marine may be looking to sell its subsidiary securities firm, tourism unit, port container terminals, or bulk carriers, according to various media reports.
The large roll-on/roll-off cargo vessel Modern Express has been listing at a dramatic 40 to 50 degrees in the Bay of Biscay and reportedly came within 27 miles of the coast of France.
The annualized turnover rate at large truckload carriers rose 13 points to 100 percent in the third quarter of 2015, but the driver turnover rate at smaller fleets and less-than-truckload carriers fell, according to the American Trucking Associations.
DHL Freight is offering an integrated service for customs clearance and duties for e-tailers that don’t have offices in the European Union.
The Deutsche Bahn subsidiary has invested in a 75 percent stake in Redhead Holdings to boost its road delivery capability in the United Kingdom.
The temperature-sensitive truckload carrier’s net income for 2015 surged 19.8 percent year-over-year to $35.7 million.
American Roll-on Roll-off Carrier Group will deploy the roll-on/roll-off vessel Aida as the seventh United States-flagged ship in its fleet.
DHL Parcel names new CEO, while CEVA Logistics appoints executive VP in charge of its South America business.
Executive Director Chris Lytle says the Port of Oakland is “deeply disappointed” with the action today by the joint terminal venture between Ports America and TIL, which says the reorganization is part of its “operational wind down” at the port.
Longshoremen at the port returned to work Monday after a wildcat strike employers called “extremely disruptive” to operations and retailers said reminded them of the labor issues this time last year at West Coast ports.
The Port Authority of New York and New Jersey has asked that trucks not be sent to terminals after dockworkers reportedly walked off the job Friday morning.
The United States Chamber of Commerce says the next item on the nation’s trade agenda should be a bilateral free trade agreement with Brazil.
United States GDP grew just 0.7 percent in the fourth quarter of 2015, while durable goods orders continued to fall, according to the most recent estimates from the Department of Commerce.
Although rates from Shanghai to Northwest Europe and the Mediterranean have tumbled for four straight weeks, rates from Shanghai to the United States inched back up from last week.
Meanwhile, the truckload and logistics carrier announced Gary L. Werner will retire from his position as vice chairman and a member of Werner’s board of directors, effective Feb. 12, 2016.
The Houston, Texas-based tank barge operator posted net earnings attributable to Kirby of $226.7 million on consolidated revenues of $2.1 billion for 2015, year-over-year declines of 19.6 percent and 16.3 percent, respectively.
2015 was a strong year for the Port of Indiana-Jeffersonville, located on the Ohio River in metro Louisville, especially for metal and grain shipments.
The Czech rail operator will launch a direct intermodal shuttle service between Rotterdam, Netherlands and Poznan, Poland Feb. 1.
