A.P. Moller-Maersk A/S is in an unusual place this year as the world’s biggest shipping company finds itself the target of an attack by hedge funds.
July 23, 2018Logistics 50 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
Rare Hedge Fund Bet Targets the World’s Biggest Shipping Firm
Capitol Agenda for the Week of July 23: Come for the Plan, Stay for the Hope
Transportation Secretary Elaine Chao says hope is not lost for an intrastructure plan. Here's a look at the week ahead for trucking on Capitol Hill.
Missouri Sen. Claire McCaskill Pushes Back on Privatizing Postal Service
Restructuring the federal government to make it more efficient and accountable is an idea Missouri Sen. Claire McCaskill says she can get behind.
Freight Trains Get Go-Ahead to Travel Closer to Light Rail Line in Minneapolis
A major roadblock in Minneapolis involving how its Southwest light rail and freight trains operate close to one another has been resolved, freeing local transit planners to apply for nearly $1 billion in federal funds to help pay for the project.
Great Lakes Shipping Supports 237,00 Jobs, Study Finds
A new study found that Great Lakes shipping to ports such as the Port of Indiana-Burns Harbor and the Port of Chicago on the South Sides pumps $25.6 billion into the economy and supports 237,000 jobs, including 147,500 in the Midwest.
Fleet Executives Offer Insights to Improve Truck Spec’ing Process
Truck spec’ing will continue to evolve, but a couple of fleet executives had some suggestions for truck makers on ways to improve the process.
Pilot Freight Buys Manna, Expands Furniture Delivery
Pilot Freight Services acquired Manna Freight Systems to expand its final-mile delivery and installation services of furniture and appliances. Terms of the deal were not released.
July 20, 2018DHL Express Buys 14 Boeing Freight Planes
DHL Express ordered 14 Boeing 777 Freighters with options and purchase rights for another seven aircraft. The first four of the planes will be delivered by year-end 2019.
July 20, 2018Is Amazon Moving Into a Former Ohio Mall Site?
Almost every indicator points to an Amazon fulfillment center, or something like it, at an old Ohio mall near Akron.
Union Pacific 2Q Earnings Are Up, but Facing Efficiency Challenges
Union Pacific Corp. on July 19 reported second-quarter net income of $1.51 billion, a 29% increase over $1.17 billion in the year-ago period.
July 19, 2018