China plans to ask the U.S. to lift sanctions on its biggest shipping company at high-level trade negotiations in Washington this week, people familiar with the matter said.
October 10, 2019Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
China to Ask US to End Sanctions on COSCO Shipping Company
GM Strike Seen Forcing Credit Firms to Mull Action
The United Auto Workers union’s strike against General Motors Co. may force credit raters to take action and move the company closer to junk status, according to Bloomberg Intelligence.
Massive California Blackout Could Prevent Fires but at Big Cost
Even a brief blackout can be costly. Now California faces the experiment of finding what out happens economically when a modern metropolitan area goes without power — on purpose — for what could be days.
For ATA’s New Chairman Randy Guillot, Life and Work Are Family Affairs
NEW ORLEANS — Business was going quite well for family-owned Triple G Express Inc. during the summer of 2005, as the city best known for its 24-hour nightlife, vibrant live music scene and spicy Cajun cuisine also served as a great base of operations for the intermodal motor carrier and its decades-old less-than-truckload affiliate, Southeastern Motor Freight Inc.
Daseke Plans Pivot of Cutting Costs, Adding Council of CEOs
SAN DIEGO — Daseke Inc. is launching a series of business improvement plans that includes an internal council of CEOs from flatbed carriers it owns, and that targets reducing operating ratios and cutting costs at its Addison, Texas, headquarters, company executives told Transport Topics.
Reliable Federal Funding Will Enhance Freight Transportation System, TRIP Report Says
In “America’s Rolling Warehouses: Opportunities and Challenges with the Nation’s Freight Delivery System,” the Washington, D.C.-based group TRIP concluded that significant sustainable funding at the federal level will be key to enhancing connectivity along freight corridors in the coming years.
I.D. Systems, Now PowerFleet, Buys Pointer Telocation for $140 Million
PowerFleet Inc. said it closed its acquisition of Pointer Telocation Ltd., and rebranded the company formerly known as I.D. Systems to PowerFleet Inc.
October 7, 2019American Railroads Are Already in Recession With No End in Sight
This year’s railroad slump is getting worse as a slowdown in manufacturing threatens broader weakness in the U.S. economy.
ATRI: Driver Shortage Tops Trucking Concern List for Third Straight Year
SAN DIEGO — For the third year in a row, the driver shortage is the top-ranked issue for trucking fleets, as they struggle to recruit and retain qualified drivers, according to the American Transportation Research Institute.
Detention Times Threaten Supply Chain Efficiency, Panelists Say
SAN DIEGO — Three supply chain executives said the industry must make big improvements in how it manages detention time. The remarks were made during an Oct. 6 session of American Trucking Associations’ Management Conference & Exhibition.