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Logistics News
Business, Logistics

Analysis: Maersk Faces Rough Waters From Spare Capacity and Trump

For many folks, 2016 has been a year to forget, and the shipping industry is no exception. But looking ahead, A.P. Moller-Maersk A/S is determined to put a positive spin on things — maybe too positive.

Chris Bryant | Bloomberg News
December 13, 2016
Business, Logistics

Small-Business Optimism Surges in November After US Election

Confidence among U.S. small businesses surged in November by the most since the spring of 2009 as companies grew decidedly upbeat about sales and economic prospects after the presidential election, a report from the National Federation of Independent Business showed Dec. 13.

Vince Golle | Bloomberg News
December 13, 2016
Business, Logistics

Swift Reports Mixed Fourth-Quarter, But Bright Outlook for 2017

Swift Transportation reported that the fourth quarter has been mixed so far, although there have been gains in volume versus late 2015 in the truckload and dedicated units. But the company is confident about 2017 being a favorable year, executives said Dec. 9 on a conference call for investors.

December 12, 2016
Business, Logistics

Logistics Plus Acquires Intermodal Software Service

Logistics Plus Inc., based in Erie, Pennsylvania, has acquired Door Logistics, a software service that automates intermodal shipping functions, from SynchroNet Intermodal Services in Virginia Beach, Virginia.

December 7, 2016
Business, Logistics

Wal-Mart to Invest Over $1 Billion on Logistics in Mexico

Wal-Mart de Mexico SAB, Latin America’s biggest retailer, will spend more than $1 billion to improve its logistics operations, a person with direct knowledge of the plan said.

Andrea Navarro | Bloomberg News
December 7, 2016
Government, Business, Logistics

NTSB Rules Crew Was Likely Asleep During Fatal Arkansas Freight Train Crash

WASHINGTON — A fatal collision of two Union Pacific freight trains in Arkansas resulted from a fatigued engineer and conductor who were both likely asleep aboard one of the trains, federal investigators ruled Dec. 6.    

Bart Jansen | USA TODAY
December 6, 2016
Business, Logistics

Teamsters Question Proposed New Stock Compensation Cap at XPO Logistics

The International Brotherhood of Teamsters is concerned about a proposed change at XPO Logistics that would increase the maximum number of shares it can issue as compensation 400%, from 500,000 shares to 2.5 million, the union wrote in a Dec. 1 letter to the company’s board of directors.

December 5, 2016
Business, Logistics

Transport, Logistics Firms Use Workplace as Training Ground for Future Leaders

The skills needed to run a successful transportation company today are quite different from what was required in the past, and that has many firms turning to workplace training and education partnerships to find the right people to help them flourish in a fast-changing business environment.

Daniel P. Bearth | Staff Writer
December 5, 2016
Business, Logistics

Sinking Shipping Industry Eyeing Mergers to Stay Afloat

The global shipping industry is in the midst of a huge downturn, with weak demand engulfing it for the past few years. Experts acknowledge that the sector’s biggest hurdle is overcapacity, but the wave of mergers and acquisitions means the hard times will pass eventually.

Lin Wenjie | Asia News Network
December 2, 2016
Business, Logistics

TransForce Wants Stockholders to Approve Name Change

TransForce Inc. executives have announced a Dec. 23 meeting in Montreal to ask shareholders to approve a corporate name change to TFI International.

December 2, 2016
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