Germany’s Linde Launches Sale of Logistics Unit Gist, Worth $875 Million
Germany's Linde is launching the sale of its temperature-controlled logistics unit Gist in a deal potentially worth more than $875 million, as it streamlines its operations to focus on its core industrial gases operations, two people familiar with the matter said.
January 7, 2016Florida East Coast Railway Intermodal Facility Boosts Cargo Volume at Port Everglades
Florida East Coast Railway's 43-acre intermodal facility in Broward County is bringing more cargo through South Florida.
January 7, 2016Two House Democrats Urge Rejection of Canadian Pacific Bid for Norfolk Southern
Two senior Democrats in the U.S. House of Representatives urged federal regulators on Jan. 6 to reject any acquisition bid for railroad operator Norfolk Southern Corp. by Canadian Pacific Railway Ltd.
January 7, 2016Exel Changing Name to DHL Supply Chain
Exel, the Westerville, Ohio, firm ranked No. 6 on the Transport Topics list of the Top 50 largest logistics companies in North America, has announced it is changing its name to DHL Supply Chain in 2016.
January 6, 2016LoadMatch Logistics Changes Name to ArcTransit
LoadMatch Logistics has changed its name to ArcTransit to better reflect its business as a full-service transportation provider.
January 6, 2016Ohio-Based Integrity Express Logistics Expands in Tampa
Ohio-based Integrity Express Logistics has opened a branch office in Tampa, Florida, with 20 employees and plans to hire 50 more in the coming months.
January 5, 2016Norfolk Southern Customers Lobby Regulators Against Canadian Pacific Bid
Industry groups representing major freight customers of Norfolk Southern Corp. have asked the U.S. rail regulator to reject any bid for the railroad by Canadian Pacific Railway Ltd., according to letters viewed by Reuters.
January 4, 2016Asia's Shipping Lines Are Facing More Mergers
Swim or sink: That’s the message shipping executives in Asia are taking into the new year.
January 4, 2016November Trailer Orders Climb 10%, Driven by Big-Fleet Demand
Net orders in November for new truck trailers were the third-highest of all time as large fleets sought replacement units and continued a solid order season, ACT Research Co. reported.
January 4, 2016George Washington’s Battle Experience Led to First National Road for Freight
FORT NECESSITY, Pa. — Dwight Eisenhower is often cited for the major role he played in making surface transportation an important federal responsibility, but the idea didn’t start with Ike. It goes back to the first popular general-turned-president — George Washington.
January 4, 2016