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.
23 Jun 2015
APM Terminals is transferring its lease at Houston’s Barbours Cut terminal to the port authority, which will market the 80-acre site to other users.
02 Jun 2015
Operations at the Port of Houston were largely unfazed — though officials are investigating some damage to equipment — after the torrential rain and flooding that swept through Texas last week.
29 May 2015
For companies interested in oil field transportation, now is the time to buy. Low oil prices are encouraging acquisitions across the energy sector, including trucking. Canada's Aveda Transportation and Energy plans to bolster its U.S. expansion by acquiring Hodges Trucking in Oklahoma.
21 May 2015
The Port of Houston’s loaded container volumes jumped 46 percent in April, boosted by cargo diversions from the U.S. West Coast that appear to have had more staying power than some originally anticipated.
21 Apr 2015
BMW Group broke ground Tuesday on a vehicle distribution center at the Port of Galveston that the automaker will open next year to import and process approximately 32,000 vehicles a year.
13 Mar 2015
Longshoremen at Port of Houston’s largest container terminal are digging through a backlog of containers and will work well into the weekend after two vessels collided on Monday in the Houston Ship Channel, forcing the closure of the facility and leaving dozens of ships stranded.
12 Mar 2015
The Port of Houston’s Barbours Cut Terminal reopened Thursday afternoon, two days after a tanker and bulk carrier collided in the Houston Ship Channel, leaking a flammable chemical into the surrounding waters.
11 Mar 2015
After a banner year for freight and an unexpected tax revenue boost, U.S. inland waterways could see shovels in the ground on a list of long-overdue projects in the coming year, helping shippers move their commodities more efficiently.
11 Mar 2015
The Port of Houston’s largest container terminal was closed a second full day on Wednesday and so was part of the shipping channel it is served by, as authorities clear the mess caused by the Monday collision of two vessels.
10 Mar 2015
The Port of Houston’s largest container terminal was closed Tuesday until further notice after a tanker and bulk carrier collided on the Houston Ship Channel, causing a flammable chemical from the former to leak.