Shippers of bulk freight expect prices to rise on railroads next year, but they could have greater control in contract negotiations because of competition from trucking with intermodal rail, according to a Nov. 16 report from RBC Capital Markets.
November 28, 2016Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Airfreight Forwarders
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Extras
Shippers Spur Competition Between Trucks, Railroads
Ports of Los Angeles and Long Beach Escalate Clean Air Plan
Aggressively deploying zero and near-zero emissions trucks and cargo-handling equipment is one of the core strategies proposed by the ports of Los Angeles and Long Beach, California, in the next version of the San Pedro Bay Ports Clean Air Action Plan.
November 21, 2016Consumer Comfort Rises to Highest Level Since April 2015
Sentiment among American consumers increased in the week after the presidential election to reach the highest level since April 2015 on more upbeat views about the economy, figures from the weekly Bloomberg Consumer Comfort Index showed Nov 17.
Two CSX Trains in Florida Collide, Derail; Two Injured
Two CSX Corp trains collided and derailed in central Florida early on Nov. 16, injuring two crew members, the company said.
Trailer Orders Climb Above 21,000 in October
U.S. preliminary net trailer orders for October rose above 21,000 units, marking a rebound, analysts said.
November 15, 2016Hanjin Still Hurts Long Beach, but Other Ports Post Strong October Results
October numbers continue to show strong growth at most major U.S. ports, except for the Port of Long Beach, California, which continues to suffer from the Hanjin Shipping Co. bankruptcy.
November 15, 2016Echo Global Logistics Reopens Chicago Headquarters
Echo Global Logistics celebrated the reopening of its Chicago headquarters at a ceremony with Mayor Rahm Emanuel on Nov. 14.
Korea Line Is Winning Bidder for Hanjin Assets in Fire Sale
Korea Line Corp., South Korea’s second-largest bulk carrier, won a bid for some assets of Hanjin Shipping Co. in a bankruptcy sale supervised by a South Korean court.
Troubled Hanjin's Fleet Shrinks to a Tenth of Its Size
Hanjin Shipping Co.’s fleet has shrunk to about a tenth of its size after the South Korean container line returned most of its chartered vessels to owners in the weeks after its bankruptcy filing.
Stores Hustle to Get Holiday Goods to Shelves After Hanjin's Collapse
LOS ANGELES — The last Hanjin Shipping vessel dropping off goods in California has set sail from the Port of Long Beach, finally clearing the many ships left stranded by the company’s sudden collapse two months ago. But in its wake, the giant shipping line has left a mess that retailers across the country will be sorting out for weeks.