Logistics

About Logistics News...

For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
 

Business, Logistics, Top 50

DP World to Buy Imperial Logistics in $890 Million Bet on Africa

DP World plans to buy South Africa’s Imperial Logistics Ltd. for $890 million, in what the port operator said would be its most significant acquisition in Africa so far.

Adveith Nair | Bloomberg News
July 8, 2021
Government, Business, Logistics

229% Surge in China-US Shipping Costs Drives Inflation Pressure

The cost to ship a boxload of goods to the U.S. from China edged close to $10,000 as the world’s biggest economy keeps vacuuming up imports amid slower recoveries from the pandemic from Europe to Asia.

Brendan Murray | Bloomberg News
July 8, 2021
Business, Logistics, TCA

CSX Renews Bid for Approval to Add 1,200 Miles of New England Rail Lines

Railroad giant CSX Corp. has struck a new deal to help settle rival Norfolk Southern Railway’s objections to its delayed plan to take over almost 1,200 miles of New England railways.

Steve Patterson | The Florida Times-Union
July 7, 2021
Government, Business, Safety, Logistics

Western Fires Halt Hundreds of Canada Railcars, Slowing Exports

Hundreds of railcars have been halted by wildfires that damaged tracks in western Canada during the region’s severe heat wave, creating a bottleneck of exports and delaying imports.

July 7, 2021
Business, Logistics

Amazon Begins New Chapter as Jeff Bezos Hands Over CEO Role

NEW YORK — Amazon founder Jeff Bezos stepped down as CEO on July 5, handing over the reins as the company navigates the challenges of a world fighting to emerge from the coronavirus pandemic.

Alexandra Olson | Associated Press
July 6, 2021
Business, Logistics, Top 100

Does Your Business Belong on Our List of Top 100 Private Carriers?

Think your company deserves a spot on our prestigious 2021 Private Carriers rankings? Or perhaps on one of our sector lists?

July 6, 2021
Government, Business, Logistics

Trade Deficit Increased to Second Biggest on Record in May

The U.S. trade gap widened in May to the second-largest on record as imports increased faster than exports.

July 2, 2021
Business, Equipment, Logistics, Top 100

LTL Trucking Enters Summer With Strong Tailwinds

The less-than-truckload sector is moving through summer with strong tailwinds at its back, experts say.

Connor D. Wolf | Staff Reporter
July 1, 2021
Business, Logistics, Top 50

Port Operator DP World Buys Syncreon in $1.2 Billion Deal

One of the world’s largest port operators, DP World, said July 1 it had acquired American logistics firm Syncreon Holdings in a $1.2 billion deal, the latest investment as the maritime company pushes to expand farther afield.

July 1, 2021
Government, Business, Safety, Logistics

Vermont Officials Continue Effort to Keep Trucks Out of Smugglers’ Notch

Vermont transportation officials are leading an effort to keep large commercial vehicles out of Smugglers’ Notch, a twisting mountain pass on which numerous truckers have gotten stuck over the years.

Eleanor Lamb | Staff Reporter
July 1, 2021