Last month, the Alabama State Port Authority announced major funding grants for a planned automobile-handling terminal. It now has a deal with a partner that will develop and operate it.
April 19, 2018Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Alabama Port Authority Finds Partner for Planned Automobile-Handling Terminal
TxDOT to Forgive $1.3 Billion in Unpaid Toll Fees, Fines
The Texas Department of Transportation will waive more than $1.3 billion in late fines and fees owed by those who drove on its toll roads since 2007, agency officials say, a response to a cap in such fees imposed last year by the Legislature
Carriers, Shippers Working to Meet Demand for Freight Hauling
Carriers and shippers are adjusting to an environment where rising freight rates and a driver shortage are bumping up against an expected drop in capacity now that soft enforcement for truck drivers to record their on-duty status using ELDs has ended, compelling the industry to work hard to prevent disruption in the movement of goods.
Everybody Loses in Trade War, Canadian Chamber of Commerce President Says
President Donald Trump has tweeted “trade wars are good, and easy to win. Don’t believe it, the president of the Canadian Chamber of Commerce told Tampa business and political leaders April 18.
Carriers Keep Rolling Out Driver Pay Raises
The need for truck drivers has spurred a number of carriers recently to raise compensation and entice qualified drivers to stick around.
Worldwide Flight Services Lays Off 161 at Philadelphia International Airport
Cargo-handler Worldwide Flight Services will lay off 161 employees at the American Airlines freight facility at Philadelphia International Airport in June because the airline has not renewed its contract.
Ivanhoe Cambridge Targets Canadian Warehouse Space in Amazon Era
Ivanhoe Cambridge Inc., the real estate arm of one of Canada’s biggest pension funds, plans to increase its assets by a third with a bet on the booming warehouse space.
Fed Says Tariff Concerns Cloud Otherwise Solid Growth Outlook
New tariffs and concerns over widening trade disputes cast a shadow over the Federal Reserve’s most recent survey of U.S. businesses even as all 12 regions reported continued robust job growth with few signs of overheating.
Canada Oil Recovery Faces Threat From Potential Rail Strike
A potential strike by Canadian Pacific Railway Ltd. workers threatens to derail a recovery in Alberta’s beaten-down heavy oil prices.
China’s $1 Billion Port With Almost No Container Traffic
Each year, about 60,000 ships vital to the global economy sail through the Indian Ocean past a Chinese-operated port on the southern tip of Sri Lanka. Few stop to unload cargo.