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Logistics News
Business, Logistics

Trailer Orders Fall 11% in 2015, But Shipments Set Record

U.S. trailer orders for 2015 fell 11% compared with 2014 to slightly more than 315,000, but shipments of trailers hit an all-time high as they climbed to more than 300,000, ACT Research said.

January 22, 2016
Logistics

Canadian Pacific to Shift Strategy in Bid for Norfolk Southern

Canadian Pacific Railway Ltd., concerned that mounting political pressure may scuttle its proposed stock-and-cash bid for Norfolk Southern Corp., plans to change strategy to sway lawmakers and reverse the momentum.

January 22, 2016
Business, Logistics

Boeing Patents Design for Intermodal Container Plane

Boeing has patented a design for an airplane that can pick up and carry containers in its belly, Popular Mechanics reported.

January 21, 2016
Business, Logistics

Proposed North Carolina CSX Container Hub Meets Opposition

When CSX announced earlier this month that it would build a $272 million container hub in Johnston County, Jennifer Edwards found out at the same time as everyone else — but in a much different way.

Drew Jackson | The News & Observer (Raleigh, N.C.)
January 21, 2016
Logistics

Declining Coal Use Pressures Railroads

Pressures facing American railroad companies have led Norfolk Southern Corp. to engage in an “ongoing drive to enhance operating efficiencies,” raising questions about the future of its Moraine, Ohio, rail yard.

Thomas Gnau | Springfield News-Sun (Ohio)
January 20, 2016
Business, Logistics

DHL Expands Shipping Presence in Memphis

DHL is moving into a new, larger center next to Memphis International Airport to serve Tennessee, Arkansas and Mississippi, the international shipping company announced Jan. 18.

Thomas Bailey Jr. | The (Memphis, Tenn.) Commercial Appeal
January 19, 2016
Business, Logistics

CSX to Close Administrative Division in West Virginia

CSX will close administrative offices in Huntington, the company said Jan. 18.

Mike James | The (Ashland, Ky.) Daily Independent
January 19, 2016
Business, Logistics

Ceva Appoints Lorrain to Head New Ground Transportation Business

Ceva Logistics has appointed Jerome Lorrain chief operating officer of its newly created ground transportation business line, which will operate alongside its air, ocean and contract logistics services.

January 15, 2016
Business, Logistics

CSX to Build East Coast Intermodal Hub in North Carolina

Railroad behemoth CSX on Jan. 14 said it would make Johnston County, North Carolina, an East Coast hub for shipping and receiving cargo containers.

Drew Jackson | The News & Observer (Raleigh, N.C.)
January 14, 2016
Business, Logistics

CSX Fourth-Quarter Net Income Falls; Weaker 2016 Results Expected

CSX Corp. reported fourth-quarter net income fell 5% to $466 million, or 48 cents per share, and announced that this year’s earnings are expected to trail 2015.

January 13, 2016
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