Net orders for Class 8 trucks were up 30 percent from September, but still failed to meet analyst expectations, according to preliminary data from freight forecaster FTR Transportation Intelligence.
The new Kenworth T680 trucks have features to make them safer, more comfortable, and more efficient, earning them the U.S. Environmental Protection Agency’s SmartWay designation.
The container terminal operator posted a net income attributable to equity shareholders of $35.8 million and revenues of $239.9 million for the third quarter of 2015.
Domestic and international container volumes rose, but trailer volumes decreased during the third quarter of 2015 compared with the same 2014 period, according to the Intermodal Association of North America.
The third-party logistics company will manage an 8,500-square-meter warehouse near Milan, Italy for Pellegrini, an Italian services supply company.
The railway opened its new $40 million Union Pacific Kinney County Railport in Kinney County, Texas on Tuesday.
The logistics services provider entered into a multi-year service agreement with American Essentials, which sells and distributes socks and legwear to major U.S. and global retail outlets.
The third-party logistics provider opened a new warehouse outside Jakarta, Indonesia, which will provide storage and handling services, primarily for automotive parts and materials.
CenterPoint Properties names head of U.S. western region, while International Container Terminal Services, Inc. promotes three VPs.
The roll-up freight brokerage and logistics provider had EBITDA of $166 million in the quarter as it digests recent deals for Norbert Dentressangle and LTL carrier Con-way.
The U.S. Navy will continue to search for the bridge, which contains a voyage data recorder that may hold clues as to what happened to the TOTE Maritime cargo ship in the hours before it sank in Hurricane Joaquin Oct. 1.
The U.S. Navy will continue to search for the bridge, which contains a voyage data recorder that may hold clues as to what happened to the TOTE Maritime cargo ship in the hours before it sank in Hurricane Joaquin Oct. 1.
The Hamburg-based liner carrier plans to use the gross proceeds from its public stock float for investments in vessels and containers, according to a statement from the company.
The Surface Transportation Reauthorization and Reform Act of 2015 attempts to fund highway and infrastructure spending while remaining budget neutral through a series of offsets, including the application of some customs user fees for highway aid.
Industry officials say there are many practical issues to work out prior to new International Maritime Organization regulations going into effect July 1, 2016.
Datamyne and Zepol joining forces brings the number of major trade demand intelligence companies down to three, and heralds new competition for industry leaders PIERS and ImportGenius.
The acceptance period for FedEx Corp.’s recommended public purchase offer for TNT Express until Jan. 8, 2016 was extended because the deal has not yet been approved by the relevant antitrust authorities, according to a joint statement from the companies.
The print, digital and supply chain solutions provider acquired Tampa, Fla.-based Courier Advisory Group to expand RR Donnelley’s logistics service offerings and last-mile delivery options, according to a statement from the company.
The Miami, Fla.-based cargo line commenced its first service, which operates between the United States and Central America with one container and general cargo vessel.
The London airport announced plans to invest nearly $200 million over the next 15 years to improve and expand its freight handling facilities, processes and workforce.
