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Logistics News
Business, Logistics

XPO Logistics Continues to Restructure Debt

XPO Logistics has priced $1.64 billion in refinancing of its existing term loan, as part of an effort to improve cash flow by reducing annual interest costs by about $40 million.

August 17, 2016
Business, Logistics

Analysis: Maersk's Sinking Feeling

It's a sign of stunted investor expectations when an 89% slide in quarterly profit triggers a 3% share price jump.

Chris Bryant | Bloomberg News
August 17, 2016
Government, Business, Logistics

Railroad Regulators Award $25 Million for Automatic Braking System

Railroad operators around the country got a boost from federal regulators in their efforts to implement the automatic braking system known as positive train control.

Eugene Mulero | Senior Reporter
August 16, 2016
Business, Logistics

World’s Biggest Shipping Firm Warns Against US Protectionism

A. P. Moeller-Maersk A/S, a Danish conglomerate that owns the world’s largest container shipping company, is voicing concern as a potential shift in U.S. policy threatens to reduce global trade.

August 16, 2016
Business, Logistics

Providence and Worcester Railroad Sold for $125 Million

Genesee & Wyoming Inc. has an agreement to buy Worcester’s Providence and Worcester Railroad Co. under a $125 million deal unveiled Aug. 15.

Donna Goodison | Boston Herald
August 16, 2016
Business, Logistics, Equipment

Trailer Orders Fall to Below 10,000 in July

U.S. trailer orders in July fell to less than half of what they were a year earlier as seasonal weakness and cautious fleets still eyeing a lackluster economy cut demand more than expected, ACT Research Co. reported.

Roger Gilroy | Senior Reporter
August 15, 2016
Business, Logistics

Americold Completes Purchase of Another Georgia Facility

Temperature-controlled warehousing and logistics company Americold has wrapped up the purchase of a storage facility that bolsters its Georgia-based network to 15 facilities.

August 15, 2016
Business, Logistics

Transportation Insight Launches BirdDog Logistics

Logistics provider Transportation Insight is rebranding its transactional freight brokerage market as BirdDog Logistics.

August 15, 2016
Editorial, Business, Government, Safety, Logistics, Autonomous

Editorial: One Champion, But Many Winners

By the time you read this, a new grand champion will have been crowned at the National Truck Driving Championships in Indianapolis.

August 15, 2016
Business, Logistics

Intermodal Shipments Fall 6.1% in 2Q

Intermodal freight shipments fell 6.1% in the second quarter from a year earlier, ending a string of 25 consecutive quarterly increases, hurt by fewer international and trailer shipments, the Intermodal Association of North America reported.

Rip Watson | Special to Transport Topics
August 15, 2016
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