The U.S. is running out of patience with Canadian and Mexican resistance to key American proposals ahead of talks next week on a new North American Free Trade Agreement, two people familiar with the matter said.
January 19, 2018Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
Trump Administration Losing Patience Over NAFTA Talks
Harbor Truckers Express Cautious Optimism on Turn Times in 2017
Truck drivers took one minute longer, on average, to enter and exit the two large ports in Southern California in December 2017 compared with the same month in 2016, although the full-year average was three minutes faster than a year ago.
Deep Freeze Slows Flights, Sorting at FedEx Express World Hub in Memphis
A deep freeze following snow Jan. 16 continued to disrupt FedEx’s world hub in Memphis on Jan. 17, causing potential delays in package deliveries.
CSX Executive James Foote Promises to Continue Hunter Harrison’s Vision for Railroad
The new management team at CSX Inc. released improved financial results for the fourth quarter of 2017 and promised to carry out former CEO Hunter Harrison’s vision of a new, more efficient and more profitable railroad.
Amazon Narrows Field for Second Headquarters Location to 20
Amazon.com Inc. narrowed the field of cities for its proposed new headquarters to 20, with New York, Boston, Chicago, Miami and Austin, Texas, among the contenders.
CSX Revenue Down, Earnings Up
CSX’s net earnings grew in the fourth quarter despite a drop in revenue. The Jacksonville,Fla.,-based railroad announced adjusted net earnings of $573 million or 64 cents a share for the fourth quarter, compared to $458 million and 49 cents for the same period of 2016.
Snow Causes FedEx Hiccup
Memphis International Airport saw little impact on passenger flights from a winter storm early Jan. 16, but FedEx’s cargo operation experienced disruptions that could affect deliveries.
Two Canadian Deals Highlight Continued Consolidation in Trucking
A consolidation trend among Canadian trucking companies continues, with Manitoulin Transport completing its purchase of intermodal carrier Direct Right Cartage, and Groupe Robert announcing plans to combine its heavy-haul business with QSL Group and Express Mondor.
January 17, 2018FedEx Beefs Up Unit Led by Founder’s Son to Include Specialty Logistics, E-Commerce
FedEx is expanding the business unit led by its founder’s son by consolidating specialty logistics and e-commerce solutions within FedEx Trade Networks.
Amazon Begins to Act as Its Own Freight Broker
Over the past two years Amazon.com Inc. has dabbled in the transportation and logistics industry. But recently, the e-commerce behemoth began to directly broker freight to truck drivers, rather than solely rely upon third-party firms such as C.H. Robinson Worldwide, Transport Topics has learned.