Rebounding iron ore traffic led a nearly 16% increase in cargo tonnage through the Port of Toledo during 2017, and a port official said this year’s expected groundbreaking for a new iron smelter near the port should boost that cargo further in future years.
January 16, 2018Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
Toledo Port Sees Increase in Cargo Tonnage
Freight Demand Causing ‘Perfect Storm’ for Ohio Trucking Industry
A stronger economy has helped area shipping and logistics companies grow and increased freight prices and the number of orders for new trucks, a local business owner says.
Maersk, IBM Form New Blockchain Company for International Cargo
IBM and A.P. Moeller-Maersk A/S have started a company that will use new technologies such as blockchain, a digital ledger best known for underpinning bitcoin, to track cargo movements and automate paperwork for shipping across international borders.
Storm Disrupts FedEx Hub, Causes Some Flight Cancellations at Memphis Airport
FedEx said a winter storm caused substantial disruptions to FedEx Express flights and sorting at Memphis and Indianapolis hubs Jan. 12.
The Real NAFTA Problem Is With Canada, Not Mexico, Ryan Says
U.S. House Speaker Paul Ryan said the biggest problem with the North American Free Trade Agreement “comes from the North,” with Canadian dairy producers dumping low-cost products on the market to compete with Wisconsin farms.
California Mudslides Send Truckers Searching for Detours
Truckers hauling goods and materials south through California’s San Luis Obispo County are facing longer drives and indefinite delays after deadly mudslides closed Highway 101 in Santa Barbara County.
Port of Portland Must Diversify at Troubled Container Terminal, Study Shows
A comeback is unlikely at the Port of Portland’s container terminal unless other lines of marine shipping business are found to subsidize it, a Port consultant found.
Michigan Trucking Companies Struggle to Find Drivers
In a day and age where nearly every product customers purchase is transported by a semi-truck, trucking companies are struggling to find qualified drivers to fill open positions.
Port of Virginia Breaks Another Yearly Record for Container Volume
The Port of Virginia just finished its best year ever for container volume, having moved 2.84 million TEUs, or boxes as measured in standard 20-foot units.
NAFTA’s Dead. Long Live NAFTA. A Look at Most Likely Outcomes
Markets shuddered on signs the U.S. may be preparing to withdraw from NAFTA. But even if President Donald Trump serves notice of a pullout, the trade deal could survive.