Extras
Logistics News
Business, Logistics

Cargo Owners in Flight to Safety After Hanjin Collapse, Shipping Lines Say

SHANGHAI — Cargo owners are becoming more concerned about risks and are shifting their business to shipping lines deemed more financially stable after the collapse of South Korea's Hanjin Shipping Co., top shipping executives said.

November 8, 2016
Business, Logistics

As Holidays Approach, Stores Struggle to Sort Out Hanjin Shipping Mess

The last Hanjin Shipping vessel dropping off goods in California has set sail from the Port of Long Beach, finally clearing the many ships left stranded by the company’s sudden collapse two months ago.

Natalie Kitroeff | Los Angeles Times
November 7, 2016
Business, Logistics

XPO Logistics Sells Truckload Unit, Posts Record Third-Quarter Profit

The North American truckload landscape has shifted with XPO Logistics selling its Con-way Truckload business to Canadian transportation conglomerate TransForce Inc. for $558 million.

Daniel P. Bearth | Staff Writer
November 7, 2016
Business, Logistics

Leased Hanjin Containers Going Back to Asia

Containers that were leased to Hanjin Shipping Co. and stuck at the trucking company’s yard can now be returned to the Port of Long Beach, California, and loaded onto a vessel chartered to take them back to Asia.

November 4, 2016
Government, Business, Safety, Logistics

Police Organization Urges Regulators to Refine Speed-Limiter Proposal

The National Fraternal Order of Police called on federal transportation regulators to gather additional information and refine a speed-limiter proposal for trucks.

November 3, 2016
Business, Logistics

Nolan Logistics Expands Electric Truck Fleet

Nolan Logistics is taking delivery of its eighth T-Series pure electric terminal truck from electrification provider Orange EV, the companies said.

November 3, 2016
Business, Logistics

XPO Logistics Reports 3Q Profit, Reversing Last Year's Losses

XPO Logistics reported a profit in the third quarter compared with a loss last year, another sign that the company has rebounded from the losses it suffered from since 2013.

Ari Ashe | Staff Reporter
November 3, 2016
Business, Logistics

Profits at World’s Largest Container Line Drop 43%

A.P. Møller-Maersk A/S, owner of the world’s largest container line, reported a 43% decline in third-quarter profit as the shipping industry continues to suffer from overcapacity.

November 2, 2016
Business, Logistics

Railroads, Shippers Draw Battle Lines Over Proposed STB Rule

Railroads and shipper groups have sketched their strategy for a potentially historic Surface Transportation Board battle over the future of rail competition, with comments to the agency as well as taking steps to recruit allies.

November 2, 2016
Business, Logistics

Analysis: Maersk Is Taking on Water

It's hard to think of two more challenged industries than oil and shipping. AP Moller-Maersk A/S's misfortune is to be heavily involved in both. Investors were starting to hope the worst was over.

Chris Bryant | Bloomberg News
November 2, 2016
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