Saddle Creek Logistics Services CEO Cliff Otto plans on retiring, and current Chief Financial Officer Mark Cabrera is being groomed for the job, the company announced.

For the first time in almost 100 years, the rate of urban population growth has outpaced suburban growth. Americans are flocking to urban areas in large numbers — especially younger workers, or millennials, who view city living as a way to reduce commuting time and transportation expenses. At the same time, we are seeing the deindustrialization of center cities and changes to consumers’ lifestyle preferences.

Kansas City Southern announced a $24.6 million investment to replace cross ties and improve crossings on the railway track between Neosho, Mo., and Blanchard, La.

Forward Air Corp. has acquired the assets of Atlantic Trucking Co. in a deal finalized May 18, just more than one month after it was first announced.

In nine months, 366-foot cranes will soar 27 feet taller, towering above container vessels at California’s Port of Oakland on the San Francisco Bay.    

Freight broker GlobalTranz Enterprises Inc. acquired Logistics Planning Services, also a freight brokerage, in a move that significantly increases its market share in third-party logistics services.