Railroad giant CSX Corp. has struck a new deal to help settle rival Norfolk Southern Railway’s objections to its delayed plan to take over almost 1,200 miles of New England railways.
July 7, 2021Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
CSX Renews Bid for Approval to Add 1,200 Miles of New England Rail Lines
Western Fires Halt Hundreds of Canada Railcars, Slowing Exports
Hundreds of railcars have been halted by wildfires that damaged tracks in western Canada during the region’s severe heat wave, creating a bottleneck of exports and delaying imports.
Amazon Begins New Chapter as Jeff Bezos Hands Over CEO Role
NEW YORK — Amazon founder Jeff Bezos stepped down as CEO on July 5, handing over the reins as the company navigates the challenges of a world fighting to emerge from the coronavirus pandemic.
Does Your Business Belong on Our List of Top 100 Private Carriers?
Think your company deserves a spot on our prestigious 2021 Private Carriers rankings? Or perhaps on one of our sector lists?
July 6, 2021Trade Deficit Increased to Second Biggest on Record in May
The U.S. trade gap widened in May to the second-largest on record as imports increased faster than exports.
LTL Trucking Enters Summer With Strong Tailwinds
The less-than-truckload sector is moving through summer with strong tailwinds at its back, experts say.
Port Operator DP World Buys Syncreon in $1.2 Billion Deal
One of the world’s largest port operators, DP World, said July 1 it had acquired American logistics firm Syncreon Holdings in a $1.2 billion deal, the latest investment as the maritime company pushes to expand farther afield.
July 1, 2021Vermont Officials Continue Effort to Keep Trucks Out of Smugglers’ Notch
Vermont transportation officials are leading an effort to keep large commercial vehicles out of Smugglers’ Notch, a twisting mountain pass on which numerous truckers have gotten stuck over the years.
Amazon Says Its Carbon Footprint Grew 19% Last Year
Amazon said June 30 that its carbon footprint grew 19% last year as it rushed to deliver a surge of online orders during the pandemic.
DP World Nears $1.2 Billion Deal for Logistics Firm Syncreon
DP World is nearing an acquisition of Syncreon Holdings Ltd. in a deal that could value the U.S. supply chain services company at about $1.2 billion, according to people familiar with the matter.
June 30, 2021