Investments in infrastructure are needed across every level of government to accommodate the massive increases in truck traffic and freight demand over three decades, outgoing Secretary of Transportation Anthony Foxx indicated in his final report as head of the agency.
January 23, 2017Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Airfreight Forwarders
No rankings are available for this year.
Extras
TFI International Expands Into Last-Mile Medical Delivery With Acquisition
TFI International (formerly TransForce Inc.) acquired the ground transportation business of World Courier in the United States from pharmaceutical distributor AmerisourceBergen Corp.
January 23, 2017Letters: Safe Food Transport, Government Efficiency
Uniformity Would Ease Safe Food Transportation
January 23, 2017Outgoing DOT Chief’s Final Report Provides Road Map for Infrastructure
UPS, FedEx, Amazon Form Twin 33s Advocacy Group
A new coalition of shippers and retailers led by UPS Inc., FedEx Corp. and Amazon.com plans to call on members of Congress to support the nationwide access of twin 33-foot trailers, a move likely to ignite a contentious debate among lawmakers during the 115th Congress.
Ports Set Records for Containers in 2016; Forecast Better for 2017 Amid Uncertainty
For several top North American container ports 2016 was a record-setting year, and industry analysts are cautiously optimistic that 2017 will be even better despite the uncertainty in Washington that comes with a new presidential administration.
Hyundai Merchant Marine to Buy Minority Stake in Total Terminals International
Hyundai Merchant Marine will buy a 20% stake in Total Terminals International, agreeing to a $15.6 million deal with Mediterranean Shipping Co. on Jan. 19, one day after a U.S. bankruptcy court approved MSC’s purchase from the bankrupt Hanjin Shipping Co.
Great Western Acquires Quality Trailer Sales
Great Western Leasing and Sales acquired Quality Trailer Sales, expanding its network into the southwest U.S., and adding Heil Trailer to its product line, the company said.
January 20, 2017Kansas City Southern Profits Decline in Fourth Quarter
Kansas City Southern reported lower profits in the fourth quarter and full calendar year 2016 compared with the same period of 2015, although the freight railroad was most hurt due to foreign exchange rate losses from its international business.
January 20, 2017US Judge Approves Hanjin's Sale of Total Terminals International for $133 Million
A U.S. District Court bankruptcy judge has approved a $133 million dollar deal between Hanjin Shipping Co. and a terminal operating subsidiary of the Mediterranean Shipping Co. to purchase a majority share in Total Terminals International.
January 19, 2017Railroads Report Better Fourth Quarter, But Shakeup Could Alter Industry in 2017
The fourth quarter marked a turnaround for the railroad companies from the lackluster year, according to earnings released last week, but a potentially major shakeup could result in an interesting 2017 for the industry.
January 19, 2017