Business, Logistics

Hanjin Tells Major Retailers That Vessels Won't Stop in the US

Hanjin Shipping Co. won’t allow containerships anchored at sea to complete their journeys to the United States, according to an e-mail obtained by Transport Topics.

Ari Ashe | Staff Reporter
September 22, 2016
Business, Government

Port of Virginia Signs Long-Term Lease for Virginia International Gateway Terminal

The Port of Virginia signed a new long-term lease for the Virginia International Gateway terminal, which paves the way to expand capacity at the nation’s sixth-largest port by volume.

Ari Ashe | Staff Reporter
September 21, 2016
Business

Peak Shipping Season Results in Record-Breaking Month for Ports

The peak of shipping season in August produced record-breaking results for almost all of the top ports across the United States, covering the period before Hanjin Shipping Co. filed for bankruptcy protection Aug. 31.

Ari Ashe | Staff Reporter
September 21, 2016
Business

FedEx Income Rises 12.7% in First Quarter

FedEx Corp. reported net income rose 12.7%, excluding one-time costs, for the first quarter of  its fiscal 2017 calendar compared with the same period last year.

Ari Ashe | Staff Reporter
September 20, 2016
Business, Logistics

Forward Air Lowers Third-Quarter Projection, Blaming Tough LTL Market

Forward Air Corp. lowered its third-quarter earnings projections, no longer confident that it’ll generate more revenue than the same period in 2015, the company announced on Sept. 20.

Ari Ashe | Staff Reporter
September 20, 2016
Business, Logistics

Fleets Fret Over Claims on Bad Hanjin Cargo

As Hanjin Shipping vessels finally arrive in the United States, some motor carriers are reluctant or refusing to accept cargo that might have been damaged because it could expose them to liability claims.

Ari Ashe | Staff Reporter
September 19, 2016
Business, Logistics

Hanjin Bankruptcy Saddles Trucking Fleets With Widespread Losses, Executives Say

Trucking companies are grappling with the financial fallout from the bankruptcy of Hanjin Shipping Co., unsure about whether they can collect on unpaid bills.

Ari Ashe | Staff Reporter
September 12, 2016
Business, Government, Logistics

Port of Long Beach CEO Slangerup to Resign

Jon Slangerup announced his resignation as CEO of the Port of Long Beach, effective Oct. 28, to take another executive position at an aviation technology company.

Ari Ashe | Staff Reporter
September 9, 2016
Business

Central Freight Lines Settles Workers Comp Lawsuit

Central Freight Lines and Trendsetter HR have settled a lawsuit over workers’ compensation, ending a three-year dispute.

Ari Ashe | Staff Reporter
September 9, 2016
Business, Government

Port of Virginia Reports $4.76 Million Profit in 2016

The Port of Virginia reported $4.76 million in profits for fiscal year 2016, which ran from July 1 to June 30.

Ari Ashe | Staff Reporter
September 9, 2016