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

Schneider Files Form With SEC to Consider IPO

Schneider National Inc., which ranks No. 7 on the Transport Topics Top 100 list of the largest U.S. and Canadian for-hire carriers, filed an S-1 form with the Securities and Exchange Commission on Dec. 22 that could pave the way for the truckload giant to go public in 2017.

December 22, 2016
Business, Logistics

Hanjin Sells Stake in Total Terminals International to Mediterranean Shipping Co.

Hanjin Shipping Co., the South Korean ocean carrier that filed for bankruptcy protection in August, has agreed to sell its stake in Total Terminals International to Mediterranean Shipping Co., according to Bloomberg News.

December 20, 2016
Government, Business, Safety, Logistics

Pennsylvania Transportation Planners Identify Critical Freight Corridors

The Lehigh Valley Transportation Study committee has approved a list of six regional roads that it believes are worthy of the critical urban freight corridor designation in the federal government's new National Highway Freight Network.

Andrew Wagaman | The Morning Call (Allentown, Pa.)
December 20, 2016
Business, Logistics

Financing Hitches Could Delay Hapag-Lloyd-UASC Shipping Merger

A merger of German container shipping line Hapag-Lloyd and United Arab Shipping Co. likely will take months to complete, partly due to financing issues blamed on a deep industry downturn, sources familiar with the deal say.

December 20, 2016
Business, Logistics

XPO Weighs in on Optimizing Packaging

XPO Logistics and Sealed Air teamed up last month to announce a new product for shippers, a partnership that could reopen the discussion about how efficient packaging can boost profits for trucking companies, experts said.

Ari Ashe | Staff Reporter
December 19, 2016
Government, Business, Logistics

Illinois Department of Transportation Seeks $160 Million to 'Untangle' Freight Rail Congestion

The Illinois Department of Transportation is applying for a $160 million federal grant to help pay for a project that aims to clear up rail congestion around 75th Street in Chicago, cutting delays for Metra, Amtrak and freight railroads.

Mary Wisniewski | Chicago Tribune
December 16, 2016
Business, Logistics

Ceva Logistics to Lay Off Up to 173 Employees in Pennsylvania

Ceva Logistics will lay off up to 173 employees in early 2017, according to a Worker Adjustment and Retraining Notification Act letter sent to the Pennsylvania Department of Labor and Industry.

December 14, 2016
Business, Government, Logistics

Port of L.A. Sets New Cargo Record, Long Beach Lags Due to Hanjin Bankruptcy

Containerized cargo volume at the nation’s top two largest ports was mixed in November as Los Angeles continues to experience a record-breaking year and Long Beach suffers from the bankruptcy of the Hanjin Shipping Co.

December 14, 2016
Business, Logistics

Analysis: Maersk Faces Rough Waters From Spare Capacity and Trump

For many folks, 2016 has been a year to forget, and the shipping industry is no exception. But looking ahead, A.P. Moller-Maersk A/S is determined to put a positive spin on things — maybe too positive.

Chris Bryant | Bloomberg News
December 13, 2016
Business, Logistics

Small-Business Optimism Surges in November After US Election

Confidence among U.S. small businesses surged in November by the most since the spring of 2009 as companies grew decidedly upbeat about sales and economic prospects after the presidential election, a report from the National Federation of Independent Business showed Dec. 13.

Vince Golle | Bloomberg News
December 13, 2016