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Logistics News
Business, Logistics

Top Container-Leasing Firms Agree to Merge

Triton Container International and TAL International Group have agreed to a merger, creating the world’s largest lessor of intermodal shipping containers with a combined fleet of nearly 5 million 20-foot equivalent units and revenue earning assets of $8.7 billion.

November 17, 2015
Business, Government, Logistics

Savannah Cargo Volume Rises 3% in October

Shipments rose 3% last month at Savannah, Georgia, the nation’s fourth-largest container port, as shipment growth continued at the second-busiest port on the Atlantic Coast, the Georgia Ports Authority reported.

November 17, 2015
Business, Logistics

Alkane to Build Class 7 Cabover Fueled by Propane or Natural Gas

Alkane Truck Co. announced that it will begin production in early 2016 on a Class 7 cabover truck powered by either liquid propane autogas or compressed natural gas.

November 16, 2015
Business, Logistics

Logistical Labs Offers Intermodal Booking Option

Software provider Logistical Labs is offering a door-to-door intermodal booking system for CSX and some Norfolk Southern truck-rail service.

November 16, 2015
Business, Government, Safety, Logistics

Freight Firms Cheer Pacific Trade Deal

The Trans-Pacific Partnership, a free trade agreement hammered out by the United States and 11 Pacific Rim nations, is drawing praise from international freight carriers who see it as a powerful stimulus for business.

Daniel P. Bearth | Staff Writer
November 16, 2015
Business, Logistics

Intermodal Rail Traffic Declines for Third Consecutive Week

Weekly U.S. intermodal rail traffic declined for the third consecutive week from the same period last year, according to the Association of American Railroads.

November 12, 2015
Business, Logistics

Deutsche Post Profit Plunges 71% on Software-Project Costs

Deutsche Post AG’s third-quarter profit plunged 71% after the German delivery company booked 345 million euros ($372 million) in costs from a failed software project. The shares dropped the most in 2 1/2 months.

Richard Weiss | Bloomberg News
November 12, 2015
Business, Logistics

Global GDP Worse Than Official Forecasts Show, Maersk Says

The world’s economy is growing at a slower pace than the International Monetary Fund and other large forecasters are predicting.

November 9, 2015
Business, Logistics

Homes Evacuated as Second Train in Two Days Derails in Wisconsin

A Canadian Pacific freight train carrying crude oil through Wisconsin derailed on Nov. 8, knocking 13 cars off the tracks, spilling oil and leading 35 homes to be evacuated, in the state's second derailment in two days.

November 9, 2015
Business, Logistics

XPO Completes Con-way Purchase; Picks LTL Chief, Begins Cost Cuts

XPO Logistics Inc. last week began consolidating its latest acquisition, Con-way Inc., and also announced higher profit targets as well as revenue that tripled in the third quarter.

Rip Watson | Special to Transport Topics
November 9, 2015
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