Under XPO, Con-way Freight will offer economy as well as priority service, and XPO will pursue opportunities to leverage trucking networks on both sides of the Atlantic, Jacobs told the JOC Inland Distribution Conference.
Nearly a year after labor stoppages at U.S. West Coast ports burned scores of perishables shippers, the industry’s largest advocacy group refuses to relent in its push for greater transparency in how ports are operated and negotiations with unions are conducted.
After a flurry of acquisitions the past four years, XPO Logistics, the fastest-growing company in trucking and logistics, is going to take a breather to integrate backroom services and take hundreds of millions of dollars of cost out of its operations.
Danish logistics company DSV will acquire loss-making UTi Worldwide for $1.35 billion in a surprise announcement that represents a 50 percent premium on UTi’s closing price yesterday.
This year’s peak shipping season has come and gone, and with it so has the notion of a traditional peak season, industry executives said at the JOC Inland Distribution Conference here Thursday.
Shipping Australia Limited is betting the Trans-Pacific Partnership free-trade deal will be a boon for the Australian reefer trade, which the country hopes will offset the trade losses sustained after the commodity bust.
Recent harsh winters, equipment shortages and longshore labor disruptions have taught beneficial cargo owners that supply chain plans of the past are inadequate in today’s unpredictable transportation environment if they do not include risk assessment and management.
The labor dispute that clogged West Coast ports with containers for months is still shaping freight markets, speakers at the JOC Inland Distribution Conference say, months after a contract was signed and the freight logjam broke.
China’s economic slowdown is not putting the brakes on foreign logistics property developers that have in the past month signed new leases for more than 4 million square feet in cities across the mainland.
A developer is adding more than half a million square feet of speculative industrial space at BNSF Railway’s Logistics Park Kansas City.