North America

North America

04 Aug 2015
U.S. scrap metal exports took a tumble in the first half of 2015 and are expected to fall even more by year’s end, as the strong U.S. dollar continues to weigh on all American exports.
29 Jul 2015
Matson plans to invest roughly $30 million in upgrades and new equipment into the new Alaska services it acquired from now-defunct Horizon Lines in May.
29 Jul 2015
The lingering effects of a 2013 acquisition also pulled down second-quarter profits at truckload carrier Heartland Express.
29 Jul 2015
U.S. trucking companies continue to make more from less, with Saia, the 10th-largest U.S. less-than-truckload carrier, reporting bigger second-quarter profits on reduced revenue and tonnage.
29 Jul 2015
Port Canaveral this week broke ground on what will soon be the port’s first multimodal inland facility, part of the Florida port’s ongoing campaign to snag container traffic from other U.S. East Coast ports.
29 Jul 2015
C.H. Robinson reported higher net revenues on land and sea as shippers apparently turned to the largest U.S. logistics company to secure capacity in the second quarter. The acquisition of Freightquote last year contributed to higher net revenue and higher truckload and LTL volumes.
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.