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Logistics News
Business, Logistics

Shipping Industry Calls for Exemption from Carbon Market Reform

The global shipping industry has urged the European Union to drop the sector's inclusion in proposals adopted Feb. 15 to reform the bloc's carbon market, saying it risks distorting trade and international efforts to cut the sector's emissions.

February 15, 2017
Business, Autonomous, Government, Logistics

Werner Nixes Driving School in Pennsylvania After Local Outcry

Plans for a trucking facility in Palmer Township, Pennsylvania, no longer include a school for new drivers.

Michelle Merlin | The Morning Call (Allentown, Pa.)
February 14, 2017
Business, Logistics

Tighter Brokerage Margins Crimp 3PL Profits

Third-party logistics companies reported a flurry of quarterly earnings, many with lower profits compared with a year ago.

Ari Ashe | Staff Reporter
February 13, 2017
Business, Logistics

Intermodal Rail Traffic Up as Turnaround Takes Hold

Intermodal rail traffic grew slightly in the fourth quarter, but it wasn’t enough to reverse a 2.1% decline in total volume for 2016, according to the Intermodal Association of North America.

Ari Ashe | Staff Reporter
February 13, 2017
Business, Logistics

Sanity Returning to Shipping as Freight Rates Gain, Maersk Says

The bankruptcy of South Korean ocean carrier Hanjin Shipping Co. and consolidation in container shipping will pave the way for a better 2017 for the industry, according to Robbert van Trooijen, the Asia-Pacific chief of Maersk Line.

February 10, 2017
Business, Government, Logistics

Consumer Sentiment Cooled in February on Views of Finances

Consumer confidence retreated in February from a 13-year high, as Americans tempered expectations of their finances and the economy.

Shobhana Chandra | Bloomberg News
February 10, 2017
Business, Logistics, Government, Safety, Equipment

Private Equity Group Buys Stake In Evans Network of Cos.

Calera Capital has acquired a majority stake in the Evans Network of Cos., but CEO Bo Bates, the Evans family and management will retain a significant equity interest in the business, according to a Feb. 9 announcement.

February 9, 2017
Business, Logistics

World’s Biggest Shipping Company Voices Alarm at Trump Trade War

A.P. Moller-Maersk A/S, the owner of the world’s biggest container shipping line, is paying particular attention to noises coming from the United States that suggest the new administration is moving closer to a trade war with China.

February 8, 2017
Business, Logistics

Maersk Slumps as It Unveils Second Loss Since World War II

A.P. Moller-Maersk A/S unexpectedly lost money in 2016 as Denmark’s biggest company wrote down the value of some of the energy assets it plans to split off.

February 8, 2017
Editorial, Business, Safety, Government, Fuel, Logistics

Editorial: Let’s Get Started, Secretary Chao

While Republican leaders in Congress seem to be in no hurry to address the country’s infrastructure, there’s an entirely different feeling surrounding President Trump’s pick to be transportation secretary, Elaine Chao, who was confirmed easily last week.

February 6, 2017
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