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Logistics News
Business, Logistics

Swift Transportation Founder, CEO Jerry Moyes to Retire

Jerry Moyes, the founder and CEO of Swift Transportation will retire at the end of the year, the company announced Sept. 8.

September 9, 2016
Business, Logistics

From Steaks to Furniture, Hanjin Shipping Collapse to Raise Freight Costs

The collapse of Hanjin Shipping will boost the cost to U.S. businesses and consumers of a wide range of imported goods, from furniture and clothing to fresh fruit and frozen meat, according to federal agencies, shippers and retailers.

Karl Plume | Reuters
September 9, 2016
Business, Logistics

CSX Says Third-Quarter Earnings Will Decline

CSX Corp. has announced that third-quarter earnings will trail both the 2015 period and second quarter profit because freight volumes have slumped.

September 8, 2016
Business, Logistics

Hanjin Bankruptcy Could Affect US Holiday Sales

Troubled South Korean firm Hanjin Shipping has been granted temporary bankruptcy protection in the United States.

Mike Snider | USA Today
September 8, 2016
Business, Logistics

Port of Virginia Announces New Restrictions in Wake of Hanjin Bankruptcy

The impact of the bankruptcy filing by South Korean ocean carrier Hanjin Shipping Co. continues to be felt in Hampton Roads.

Robert McCabe | The (Norfolk) Virginian-Pilot
September 7, 2016
Business, Logistics

Hanjin’s Ghost Ships Seek Havens as Food, Water Start to Dwindle

South Korea’s cash-strapped Hanjin Shipping Co. is adrift at sea — and in more ways than one.

September 6, 2016
Business, Logistics

Officials Call For Action on Cargo Delivery Crisis at Ports of Los Angeles, Long Beach

Politicians gathered at the Port of Long Beach on Sept. 4 to call for the flow of cargo to Southern California to resume, days after the bankruptcy of one of the world’s largest shipping lines disrupted the global supply chain.

Matt Stevens | Los Angeles Times
September 6, 2016
Business, Logistics

Hanjin Group to Provide $90 Million in Aid to Shipping Line

Hanjin Shipping Co.’s owner will provide $90 million (100 billion won)  as part of efforts to contain disruptions to the global supply chain stemming from the container line’s court-receivership filing.

September 6, 2016
Perspective, Business, Government, Equipment, Safety, Logistics, Autonomous

Opinion: Jake Brakes Keep Drivers Safe on Steep Roads

You can’t work in the trucking industry for long without realizing the interconnectedness of the trucking world — goods with communities, roads with ports, airports and railways, regulations across international and provincial borders and municipal boundaries, you name it. Another connection may not be immediately apparent: Canada’s National Trucking Week and “Jake” brakes.

September 5, 2016
Business, Logistics

Drayage Firms Look for Answers in Wake of Hanjin Shipping Bankruptcy

Trucking companies are scrambling to find answers in the wake of the Hanjin Shipping bankruptcy potentially saddling motor carriers with unreimbursed costs of $100,000 or more.

Ari Ashe | Staff Reporter
September 2, 2016
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