Turnover rates at both small and large truckload fleets was over 90% for the full year in 2014, according to recent figures from the American Trucking Associations.
Short-term minimums are designed as a supplement to service contract rates recommended by members of the Transpacific Stabilization Agreement last October.
The parcel carrier and logistics provider will build 15 additional compressed natural gas fueling stations to support 1,400 new CNG vehicles.
IAG Cargo transports white rhinos from South Africa to the U.S., AirBridgeCargo adds service to Vietnam, MOL and World Logistics Services establish joint sales and marketing unit, and SPARX opens LA office.
Election proceeded despite the request for a restraining order.
January 2015 totals for U.S.-North American Free Trade were higher than the previous year for rail, truck and air transportation, according to figures from the Department of Transportation’s Bureau of Transportation Statistics.
CEO of the forwarding and logistics company says it is implementing a new strategic direction.
The group of companies, which includes its Canada Post segment and three non-wholly owned principal subsidiaries, reported net profits of $198 million in 2014.
CMA CGM receives its largest containership ever and alters EURAF 4 loop, while CaroTrans launches direct Le Havre-to-Charleston LCL service.
NATA VP announces retirement, while NTSB swears in new vice chairman and Port of Cleveland appoints board chairman.
After extensive debt restructuring, the Israeli ocean carrier aims to “return to profitability and growth in 2015.”
The integrated logistics provider saw increased revenues in both its Global Integrated Logistics and infrastructure business units.
Revenues for the Taiwanese ocean carrier were 3.6 percent higher than in 2013.
The Hamburg-based logistics provider and terminal operator grew operating profits 10% on a 5.4% increase in revenue compared with 2013.
“K” Line takes delivery of 14,000-TEU containership Millau Bridge, while World Distribution Services opens a new facility in Cincinnati, Ohio.
MOL selects new chairman and president, while DCLI appoints chief marketing officer and the Port of New Orleans names board leaders.
The Transportation Department will add conditions to ensure the airline maintains its daily service in the Seattle market year-round.
Two brothers were sentenced Friday in federal court in New York to serve three years in prison for smuggling firearms from the United States to the Philippines.
Imports of U.S. steel dropped 18.5 percent to 3.58 million net tons between January and February, according to the American Institute for International Steel.
OOCL launches new intra-Asia service, NYK establishes logistics subsidiary in Myanmar, Cavotec wins 10m euros in port equipment orders, and Braemar SA opens dedicated office in Turkey.
