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Logistics News
Business, Logistics

Canadian Pacific Reports Second-Quarter Revenue Growth of 7%

Canadian Pacific Railway Ltd. announced second-quarter revenues of C$1.75 billion, an increase of 7% from $1.64 billion when compared with the same period of 2017.

July 18, 2018
Business, Logistics

ODW Opens E-Commerce Center in Columbus, Ohio

ODW Logistics is opening a 200,000-square-foot logistics center near Columbus, Ohio, to expand its e-commerce capabilities. The facility on Interstate 71 in Grove City is within a 10-hour drive of about 50% of the U.S. population and one-third of the Canadian population, according to ODW.

July 18, 2018
Government, Equipment, Logistics, TCA

New York County Might Seek Control of Long-Awaited Inland Port

Onondaga County, N.Y., officials will consider seeking control of the long-awaited “inland port’’ at a DeWitt rail yard, under a proposal from Onondaga County Legislature Chairman Ryan McMahon.

Tim Knauss | Syracuse (N.Y.) Media Group
July 18, 2018
Business, Equipment, Logistics

Boeing’s Faith in Airfreight Pays Off With $18 Billion in Sales

Boeing Co. stood by the air-cargo market during a withering downturn a decade ago, and that decision is paying off handsomely now.

July 18, 2018
Government, Logistics, TCA

Connecticut Governor Orders Highway Toll Study

Despite his lame-duck status, Connecticut Gov. Dannel P. Malloy is ordering a $10 million study on placing electronic tolls on the state’s highways and finding ways to fund needed transportation improvements.

Bill Cummings | Connecticut Post (Bridgeport, Conn.)
July 18, 2018
Government, Logistics

Mexico Sees Chance to Finish NAFTA by Year’s End, Official Says

There is a fair chance that North American Free Trade Agreement negotiations can wrap up by the end of the year, Mexico’s Ambassador to the U.S., Geronimo Gutierrez, said July 17.

Rossella Brevetti | Bloomberg News
July 17, 2018
Business, Logistics

Amazon Rival Draws Battle Lines With Bronx Warehouse

FreshDirect has figured out an important trick: how to make money delivering groceries.

Craig Giammona | Bloomberg News
July 17, 2018
Business, Logistics

Lineage Raises $700 Million From Stake Sale to Stonepeak, D1

Lineage Logistics, which calls itself the fastest-growing provider of temperature-controlled services such as transportation and storage, sold a minority stake worth $700 million, according to its CEO and co-founder.

Gillian Tan | Bloomberg News
July 17, 2018
Business, Logistics

UPS Begins Smart-Access Delivery in New York City

Your packages are here, and you’re not. It’s all right — they’ll just let themselves in.

Oshrat Carmiel | Bloomberg News
July 17, 2018
Government, Business, Technology, Logistics

Spot Truckload Rates Continue to Soar Amid Record Demand

Capacity shortfalls combined with increased demand for truckload shipments are continuing to boost spot rates to record levels, according to DAT Solutions, which also said in what is an atypical trend, spot rates now are exceeding long-term contract rates.

Dan Ronan | Senior Reporter
July 17, 2018
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