The four companies that control about 95 percent of the chassis at Los Angeles-Long Beach agreed on Thursday to develop a neutral, or gray chassis pool for the largest port complex in the Americas, with the phased rollout to begin on Feb. 1, 2015.
Higher rates and better utilization of its terminals, trucks and drivers are helping Con-way Freight, the second-largest less-than-truckload carrier, significantly increase profits.
The wave of stronger economic activity that produced freight for truckload and less-than-truckload carriers alike in the third quarter lifted tonnage, shipments and revenue at YRC Worldwide, giving the $4.9 billion LTL company a chance to improve profitability.
Air freight rates are on the rise heading into the peak season months of October and November, continuing a recent robust streak, Drewry Shipping Consultants says.
Saia, the 10th-largest U.S. less-than-truckload carrier, increased tonnage, shipments, revenue and profit in the third quarter, and so far in the fourth quarter sees no signs of a slowdown.
Fruit shippers in Central Washington hoping for refrigerated rail service to be reinstated at the Port of Quincy, Washington, have a long wait. After Cold Train suspended the reefer service, BNSF stopped any intermodal service to the port.
Atlantic Container Line said the first of five new ships in a top-to-bottom fleet upgrade are on track to enter service next summer, followed with an additional delivery every two months until its current fleet of 1980s-era ships is replaced.
Global Logistic Properties (GLP) has announced its second giant investment this week, pouring $138 million into a Japanese joint venture development that will be matched by long term partner Canada Pension Plan Investment Board.
Flames raged aboard two container ships, one from UASC, another from Hamburg Sud on Monday after the ships collided at Port Klang near Kuala Lumpur.
The International Transport Workers' Federation condemned actions taken against striking Costa Rican dockworkers today, including the use of non-union substitute labor, saying it will join the fight against APM Terminals after a strike at the Limon and Moin terminals turned violent.
The first gate for the new locks on the Pacific side of the expanded Panama Canal arrived this week, as the exp
Celadon Trucking acquired A&S Services Group, a regional truckload carrier and port drayage operator with a
Congestion continues to plague Los Angeles-Long Beach despite efforts by terminal operators to remain open longer and use all longshore labor at their disposal.