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Logistics News
Business, Equipment, Logistics

Fleet Expansion Generates Record Profits at P.A.M. Transportation Services in 3Q

Higher rates and a bigger fleet in a strong freight market produced record profits for P.A.M. Transportation Services in the third quarter.

Daniel P. Bearth | Staff Writer
October 16, 2018
Business, Logistics, Top 100

Universal Expands Drayage Business With Purchase of Specialized Rail Service

Universal Logistics Holdings expanded its intermodal drayage business in the western United States with the purchase of Specialized Rail Service Inc. for $12.3 million.

October 15, 2018
Business, Logistics

Grammer Industries Looks to Expand After Buyout by Stellex Capital Management

The family of Charles “Shorty” Whittington and a group of top executives at Grammer Industries Inc. have teamed with Stellex Capital Management to acquire the bulk chemical hauler from another investment firm, Linx Partners.

Daniel P. Bearth | Staff Writer
October 11, 2018
Business, Logistics, TCA

Spanish Trucking, Logistics Firm Builds North American Hub in Chattanooga

Grupo Sesé, a major Spanish trucking and logistics company that handles the freight of many major European companies including Volkswagen, came to Chattanooga, Tenn., in late 2012 to serve VW’s U.S. assembly plant.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
October 11, 2018
Business, Technology, Logistics

Economy Puts New Demands on Logistics Firms, Surveys Find

A robust economy is placing new demands on third-party logistics service providers, based on survey results from two long-running university-sponsored studies released at the Council of Supply Chain Management Professionals annual conference in Nashville, Tenn.

Daniel P. Bearth | Staff Writer
October 11, 2018
Business, Logistics

CSCMP Honors Innovators at Annual Supply Chain Conference

An effort by a team of data scientists at Intel to use artificial intelligence and cognitive computing tools to identify supply chain threats earned the top award for innovation at the 2018 Council of Supply Chain Management Professionals annual conference in Nashville, Tenn. on Oct. 3.

Daniel P. Bearth | Staff Writer
October 11, 2018
Business, Logistics

Transplace Acquires Yusen’s Intermodal, Freight Brokerage Business

Transplace Inc. has acquired the intermodal and freight brokerage business in North America of Yusen Logistics (Americas).

Daniel P. Bearth | Staff Writer
October 10, 2018
Business, Logistics

Post Capital Partners, Management Team Up to Acquire Smith Transportation Services

Smith Transportation Services, a company based in Sunrise, Fla., that specializes in “load-to-ride” service for shippers of less-than-truckload freight, is being purchased by a group of Smith’s top executives and the New York-based investment firm Post Capital Partners.

Daniel P. Bearth | Staff Writer
October 10, 2018
Business, Logistics, TCA

CSX Sues Norfolk Southern, Short-Line Railroad Over Alleged Monopoly

NORFOLK, Va. ­­— CSX Transportation Inc. is suing Norfolk Southern Railway and the Chesapeake-based Norfolk & Portsmouth Belt Line Railroad, alleging that they have conspired to create a monopoly at Norfolk International Terminals by essentially boxing out CSX at the Port of Virginia’s largest container facility.

Robert McCabe | The (Norfolk) Virginian-Pilot
October 9, 2018
Business, Technology, Logistics

Wiesen Named President at Carrier Logistics Inc.

CHICAGO — Carrier Logistics Inc., a provider of management software for less-than-truckload operations, has transitioned to new leadership and is exploring opportunities to add deeper data analytics and artificial intelligence.

Seth Clevenger | Managing Editor, Features and Multimedia
October 9, 2018
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