Freight: Page 100
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FMC approves VA, GA port alliance
The strategic alliance permits the two port authorities to jointly market services, acquire equipment, meet with stakeholders and discuss best practices, but not collude on rates.
By Jennifer McKevitt • April 11, 2017 -
Maersk, Hamburg Sud deal clears EU regulators on conditions
Hamburg Sud must retreat from five European trade consortia if Maersk is to acquire it, which could further reshuffle trade lanes.
By Edwin Lopez , Jennifer McKevitt • April 11, 2017 -
Swift, Knight Transportation merger creates top 5 trucking company
The two brands will continue to operate separately, but pledged to share business intelligence and best practices in the hopes of driving up efficiency.
By Edwin Lopez • April 10, 2017 -
Revised costs will delay GA port dredging by 2 years
The Army Corps of Engineers delivered unwelcome news to the Georgia Ports Authority, who must now fight for more funding and work through procurement regulations for its improvements.
By Jennifer McKevitt • April 10, 2017 -
Maersk to divest Mercosul Line for Hamburg-Sud deal approval
The deal would have provided Maersk with an 80% market share in Brazilian shipping, given Hamburg Sud's ownership of top Brazilian carrier Aliança Navegaçao.
By Jennifer McKevitt • April 10, 2017 -
Grupo Mexico buys Florida East Coast Railway
The Mexican mining conglomerate gains direct access to Florida Ports and U.S. East Coast connections with the purchase.
By Jennifer McKevitt • April 7, 2017 -
Multitude of rail defects threaten increased oil shipments
Not only were defects discovered, but railroads failed to fix problems previously identified.
By Jennifer McKevitt • April 7, 2017 -
Maersk's Damco enters digital freight forwarding market with Twill
The group is betting on small shippers and digitization for a new revenue stream.
By Jennifer McKevitt • April 6, 2017 -
Asia-Europe capacity crunch: Are the new alliances to blame?
Faced with up to 45% higher booking prices, shippers claim carriers could have done more to mitigate a capacity crunch ahead of the new alliance rollout.
By Edwin Lopez • April 6, 2017 -
Report: 3PLs distrust West Coast ports after labor, congestion disruptions
A legacy of disruptions on the West Coast has shippers looking for alternatives while ports race to improve reliability in order to maintain market share.
By Edwin Lopez , Jennifer McKevitt • April 5, 2017 -
Report: Trucking is not suited for full automation
Self-driving trucks have captured startups' imaginations, but a recent analysis by The Brookings Institution found the technology may be but a pipe dream.
By Jennifer McKevitt • April 4, 2017 -
Court rules AL fuel tax on CSX does not favor trucking
The case is but an episode in a long battle between trucking and rail to dominate surface transportation.
By Edwin Lopez , Jennifer McKevitt • April 4, 2017 -
Shipping alliances set sail with new services, but shippers remain wary
The three major alliances' new services are officially underway, but shippers worry customer service will suffer as ports and carriers transition to a new system.
By Edwin Lopez • April 3, 2017 -
Industry fights CA container tax proposal, citing lack of evidence
History shows pointing to a lack of evidence is an effective way of defeating unpopular regulations, and the container tax has its fair share of enemies.
By Jennifer McKevitt • April 3, 2017 -
Yang Ming losses doubled in 2016; leveraged balance sheet concerns analysts
YMM maintains that the Taiwanese government offers its full support, but analysts argue that the company must raise cash soon.
By Andy Burt • March 31, 2017 -
Report: Marine ports and inland waterways not making the grade, per ASCE
Ports are faring better than waterways, but both are struggling for survival.
By Jennifer McKevitt • March 29, 2017 -
Report: ASCE states that rail improvement requires multi-tiered approach
The state and regional level, combined with an appropriate regulatory environment, will help raise the standards for the eroding rail industry.
By Jennifer McKevitt • March 28, 2017 -
American Trucking Association goes to Washington to discuss healthcare reform
Truck driving safety and maintenance of good health are at the forefront of the ATA's visit with President Trump.
By Jennifer McKevitt , Andy Burt • March 27, 2017 -
Deep Dive
Logistically Minded: How ports drive economic growth, the great infrastructure debate
A regional spotlight by the Philly Fed also reflects various ways manufacturers are working to address the talent crisis.
By Edwin Lopez • March 24, 2017 -
Chassis providers raise rates as operating costs increase
Higher labor costs and a war with terminal providers over chassis storage fees are likely causes for the rate increase this year.
By Edwin Lopez , Jennifer McKevitt • March 23, 2017 -
Maersk, Hamburg Sud merger decision pushed to April 10 amid new concessions
Antitrust concerns over the two lines' market share, particularly in South America, likely drove the concessions.
By Edwin Lopez , Jennifer McKevitt • March 23, 2017 -
Ports' role in the economy highlighted in bid for infrastructure repair
Port infrastructure has a nationwide impact on businesses and communities.
By Jennifer McKevitt • March 23, 2017 -
US launches ocean transport price fixing probe, subpoenas 4+ carriers
Maersk Line, Hapag-Lloyd, OOCL and Evergreen Marine were among those subpoenaed last week as shippers worry rates are being artificially inflated.
By Edwin Lopez , Jennifer McKevitt • March 22, 2017 -
Contracting startup raises $8.5M to enforce shipper-carrier terms
The New York Shipping Exchange proposes fixed rates and financial penalties for shipper no-shows and carrier roll-overs.
By Edwin Lopez , Jennifer McKevitt • March 22, 2017 -
Amazon to sort at DHL facility as new air cargo hub is built
As Amazon builds out its logistics capacity, it continues to rely on established parcel carriers who appear unfazed by competition.
By Jennifer McKevitt • March 21, 2017