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Logistics News
Government, Business, Safety, Logistics

Police Organization Urges Regulators to Refine Speed-Limiter Proposal

The National Fraternal Order of Police called on federal transportation regulators to gather additional information and refine a speed-limiter proposal for trucks.

November 3, 2016
Business, Logistics

Nolan Logistics Expands Electric Truck Fleet

Nolan Logistics is taking delivery of its eighth T-Series pure electric terminal truck from electrification provider Orange EV, the companies said.

November 3, 2016
Business, Logistics

XPO Logistics Reports 3Q Profit, Reversing Last Year's Losses

XPO Logistics reported a profit in the third quarter compared with a loss last year, another sign that the company has rebounded from the losses it suffered from since 2013.

Ari Ashe | Staff Reporter
November 3, 2016
Business, Logistics

Profits at World’s Largest Container Line Drop 43%

A.P. Møller-Maersk A/S, owner of the world’s largest container line, reported a 43% decline in third-quarter profit as the shipping industry continues to suffer from overcapacity.

November 2, 2016
Business, Logistics

Railroads, Shippers Draw Battle Lines Over Proposed STB Rule

Railroads and shipper groups have sketched their strategy for a potentially historic Surface Transportation Board battle over the future of rail competition, with comments to the agency as well as taking steps to recruit allies.

November 2, 2016
Business, Logistics

Analysis: Maersk Is Taking on Water

It's hard to think of two more challenged industries than oil and shipping. AP Moller-Maersk A/S's misfortune is to be heavily involved in both. Investors were starting to hope the worst was over.

Chris Bryant | Bloomberg News
November 2, 2016
Business, Logistics

Swift Lowers Earnings Based on Pending Class-Action Lawsuit

Swift Transportation reversed course after reporting third-quarter earnings were up 4.7% year-over-year to $38 million on Oct. 24, lowering the number to $24 million, or a 34% decline lower than a year ago.

November 1, 2016
Business, Logistics

World’s Biggest Shipping Company Wants More Mergers

A.P. Moller-Maersk A/S, owner of the world’s largest container line, said mergers such as the combination of its three main Japanese rivals provide relief to an ailing industry that has been characterized by overcapacity.

November 1, 2016
Business, Logistics

Top Japanese Shipping Lines to Merge Container Businesses

Japan’s three biggest shippers agreed to combine their container operations to create the world’s sixth-largest box carrier, as the industry steps up consolidation this year amid a global turmoil in the sea-cargo business.

October 31, 2016
Business, Logistics

NFI Industries CEO Steps Down From Sun National Bank Board

NFI Industries CEO Sidney Brown will be stepping down as the chairman of the board at Sun National Bank, effective Dec. 31.

October 28, 2016
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