Logistics News

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.
 

BusinessLogistics

Appeals Court Rejects XPO Bid to Invalidate Texas Union Vote

The 5th Circuit Court of Appeals has rejected XPO Logistics’ bid to throw out an unfavorable union representation vote at Laredo, Texas, during 2014.

September 28, 2016
BusinessLogistics

Maersk Raided in South African Shipping Collusion Probe

South Africa’s Competition Commission searched the premises of six shipping companies, including AP Moeller-Maersk A/S, as part of an investigation into allegations that they colluded to fix incremental cargo rates between Asia and South Africa.

September 28, 2016
BusinessGovernmentLogistics

Consumer Confidence Hits Nine-Year High on Job Optimism

Consumer confidence rose in September to the highest level since before the last recession on optimism about the labor market, according to a report from the New York-based Conference Board on Sept. 27.

September 27, 2016
BusinessLogistics

Maersk May Target Hanjin, Hyundai in New Acquisition Strategy

A.P. Moeller-Maersk A/S’s container line, which this month ditched a strategy of building new vessels and will instead try to grow through acquisitions, is targeting South Korea’s two biggest shipping firms, according to Jefferies International Ltd.

September 26, 2016
BusinessLogistics

Hyundai Merchant Said to Be Looking at Buying Hanjin Assets

Hyundai Merchant Marine Co., South Korea’s second-largest container line, surged in Seoul trading after the company was said to be looking at some assets of troubled rival Hanjin Shipping Co. for a possible acquisition.

September 26, 2016
BusinessLogistics

Tough Times for Intermodal as Freight Slows, Execs Say

HOUSTON — Intermodal businesses that have become accustomed to long-term growth likely are facing tougher times ahead in the form of a recession, changing freight patterns and other obstacles.

September 26, 2016
BusinessLogistics

Hanjin Clients Report Price-Gouging, Container Pileups

Hanjin Shipping Co. and its customers are being asked to pay more than usual to bring freight into U.S. ports, creating a backlog that could keep goods off shelves during the holiday shopping season.

September 23, 2016
BusinessLogistics

Maersk Ends Megaship Building Era With New Acquisition Plans

The owner of the world’s largest container shipping line will stop ordering newly built vessels and instead pursue takeovers in an industry that has been plagued by overcapacity for almost a decade.

September 23, 2016
BusinessGovernmentLogistics

Duane Kenagy Appointed Interim CEO of Port of Long Beach

The Board of Harbor Commissioners approved Duane Kenagy to become interim CEO at the Port of Long Beach, California, while the search for a permanent replacement is under way.

September 22, 2016
BusinessLogistics

Hanjin Tells Major Retailers That Vessels Won't Stop in the US

Hanjin Shipping Co. won’t allow containerships anchored at sea to complete their journeys to the United States, according to an e-mail obtained by Transport Topics.

September 22, 2016