The combination of the electronic logging device mandate, a shortage of drivers and an improving freight market has carriers and shippers wondering about transportation prices heading into 2018.
October 9, 2017BusinessLogisticsTop 50
Universal Expects Growth in Operating Income, EPS for First Time Since 2015
Universal Logistics Holdings Inc. expects revenue to grow about 10% in the third quarter when earnings are released after the market closes Oct. 26.
October 6, 2017BusinessLogisticsTCA
World Direct Shipping to Double Port Manatee Service
Six months after extending its agreement with Port Manatee, Fla., through 2019, ocean carrier World Direct Shipping is adding a second weekly sailing between Veracruz, Mexico, and the Palmetto port.
October 6, 2017BusinessLogistics
AAPA鈥檚 New Chairman From Port Everglades Begins One-Year Term
Steve Cernak has officially begun his duties as the new chairman of the American Association of Port Authorities, replacing Mark McAndrews.
October 6, 2017BusinessLogisticsTCA
West Memphis, Tenn., Beefing up Deepwater Port鈥檚 Rail Service
A $10.9 million upgrade of West Memphis port facilities is under way, increasing connectivity among river, road and rail traffic and offering potential for up to 3,000 new jobs.
October 6, 2017BusinessLogistics
C.A.T. Holding Boosts Truckload Business in Canada With Purchase of SLH Transport
Canadian American Transport Holding Inc. announced that it has acquired SLH Transport in Kingston, Ontario 鈥 a move that triples the size of its truck fleet in Canada and provides stability for employees of SLH Transport, a carrier whose owner, Sears Canada, filed for bankruptcy protection in June.
October 6, 2017BusinessLogisticsTop 50
Cardinal Logistics to Lay Off 69 Employees in Virginia on Dec. 2
Cardinal Logistics Management Corp. will lay off 69 employees in Salem, Va., on Dec. 2 because of the 鈥渦nexpected termination of a major business contract,鈥 according to a filing with the state. Most of the 69 are truck drivers.
October 6, 2017BusinessEquipmentLogistics
Ryder Adds Maintenance Options at Texas Facility
Ryder System Inc. upgraded its maintenance facility in Grapevine, Texas, to service both diesel and advanced fuel vehicles.
October 6, 2017BusinessEquipmentLogistics
Analysis: To Understand Amazon鈥檚 Delivery Ambitions, Consider the Long Game
In the future鈥攁nd you have to look far ahead when considering the movements of CEO Jeff Bezos鈥擜mazon could expand the services to any merchant selling anything to anyone. This would push it deeper into the territory of UPS and FedEx.
October 6, 2017