Amtrak's "on-time performance" for its increasingly popular passenger trains is sliding to new lows, and it says that slow-moving freight trains that use the same tracks are to blame.
February 24, 2020No rankings are available for this year.
Extras
Rich Corrado to Replace Joe Hete as CEO at Wilmington Air Transport Services
Joe Hete will step down as chief executive of Wilmington’s Air Transport Services Group Inc. in May and will be replaced by Rich Corrado, the air transport company said Feb. 25.
Amtrak Blames Freight Trains for Passenger Delays Getting Worse
UPS Requests Exemption for Driver-Trainees to Operate Doubles
The Federal Motor Carrier Safety Administration announced Feb. 24 that it is seeking comment on a 2019 request from United Parcel Service Inc. in which the carrier seeks a five-year renewable exemption from federal regulations in order to allow its driver-trainees with commercial learner permits to operate twin 28-foot trailers on public roads.
Coronavirus Cuts Prompt DSV Panalpina to Open Cargo Flights Between Alabama, China
Danish company DSV Panalpina is opening a route between Alabama and China in response to shipping cutbacks over the coronavirus.
Shipping Giant CMA CGM’s Debt Plan Seen at Risk Amid Virus Fears
The coronavirus outbreak is threatening to scupper a debt refinancing for CMA CGM SA, the world’s third-largest container shipping company.
Navis to Acquire Assets From Biarri Rail
Navis has reached an agreement to acquire assets from freight railroad software developer Biarri Rail, the company announced Feb. 20.
February 21, 2020Atlas Logistics Acquires TopHat Logistical Solutions
Atlas Logistics acquired full-service logistics company TopHat Logistical Solutions in a deal announced Feb. 19.
February 21, 2020Walmart Loses Another Home-Delivery Provider Amid Amazon Clash
Walmart Inc. is parting ways with grocery-delivery partner Skipcart, the latest defection from its network of logistics companies that often struggle to make ends meet schlepping cola and cantaloupes for the nation’s biggest food retailer.
Veteran CEO Says Global Shipping’s ‘Perfect Storm’ to Pass
The global shipping industry has run into very rough waters in 2020 as the virus crisis that has engulfed China and roiled commodity markets added to headwinds from a seasonal slowdown and poor weather. One chief executive who oversees a fleet of 55 vessels says there’ll be a comeback.
Infinity Transportation Logistics Is Now Infinity Intermodal
Infinity Transportation Logistics has changed its name to Infinity Intermodal, the company announced Feb. 19.
February 20, 2020