North America

North America

28 Jul 2015
Singapore-listed logistics property developer GLP has made its second multi-billion dollar investment this month, acquiring a $4.55 billion U.S. logistics portfolio from Industrial Income Trust a week after leading a consortium of investors in establishing a $7 billion China-focused infrastructure fund.
28 Jul 2015
Swift Transportation last year led the trucking industry in raising driver pay, and that pay raise, however costly, is paying off handsomely for the largest U.S. truckload carrier as driver retention improves and profits rise 27 percent from a year ago.
28 Jul 2015
Strong cross-border business in Europe and the highest demand for deferred package service in the U.S. in a decade helped UPS increase second quarter profits, despite falling revenue.
28 Jul 2015
Roadrunner Transportation Systems has acquired Stagecoach Cartage and Distribution for $35 million, continuing the buying spree it embarked on in 2013 as merger and acquisition activity dominates the transportation and logistics industries.
28 Jul 2015
Universal Truckload Services’ second quarter profit and revenue slipped amid reduced truckload demand, but the company said volume and pricing strengthened for other businesses, notably intermodal drayage.
28 Jul 2015
The Georgia Ports Authority said it will open the second of its
28 Jul 2015
Port of Halifax’s recent inclusion on G6 and CMA CGM services to Asia bode well for a container rebound at the Nova Scotia gateway.
28 Jul 2015
Old Dominion Freight Line, the fifth-largest U.S. less-than-truckload carrier, has opened a 24-door terminal at Sidney, Montana, to handle growing traffic from the region’s oil and agriculture businesses.
28 Jul 2015
The Port of New York and New Jersey's container volume during the first half of 2015 rose 13.4 percent from a year earlier, putting the East Coast's largest port on pace to exceed its record 2014 volume.
27 Jul 2015
Norfolk Southern Railway’s second-quarter earnings this year were not unlike its Class I counterparts: modest intermodal growth unable to combat declining fuel surcharge revenue and a soft coal market.