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Coalition Urges Donald Trump, Lawmakers to Remember Ports in Infrastructure Debate

A coalition of the top three containerports, two private terminal operators and two industry analysts wrote a letter to President Donald Trump and Congress to urge lawmakers not to forget the ocean freight industry during the debate on infrastructure.

January 9, 2018

Western Express Buys Connecticut Property for $1.7 Million

Western Express has paid more than $1.7 million for 12 acres in Plainfield, Conn., to expand its operations.

January 9, 2018

FedEx Express Opens Mammoth Shanghai Hub, Touts Improved Asia Linkage

FedEx on Jan. 8 announced the official opening of a new, 1.4 million square foot Shanghai hub that bolsters access to one of the world’s fastest-growing markets.

January 9, 2018

Port Houston Container Imports Surged in 2017

The National Retail Federation said Jan. 5 that retail imports surged in Houston and other U.S. ports amid a rise in consumer confidence and spending.

January 8, 2018

Survey: Driver Shortage Explains Unseated Trucks

More than 90% of fleets had unseated trucks in the fourth quarter despite the capacity crunch the industry is facing, according to the Trends in Truckload Recruitment and Retention report, a nonscientific survey of recruiters at the fleet clients of Driver iQ.

January 5, 2018

US Trade Deficit Balloons to Widest in Almost Six Years

The U.S. trade deficit in November reached the highest level in almost six years as an increase in imports exceeded a gain in shipments overseas, Commerce Department data showed Jan. 5.

January 5, 2018

XPO, DHL Back Tesla Semi

Logistics firms are joining trucking companies in checking out the potential for the Tesla Semi, with at least two testing prototypes of the electric truck.

January 4, 2018

Hong Kong Set to Lose Spot Among Top Five Container Ports in 2018

Hong Kong is poised to lose its ranking as the world’s fifth-busiest container port if cargo-handling trends continue.

January 4, 2018

Here’s How the Winter Deep Freeze Will Affect the US Economy

A winter storm sweeping the U.S. East Coast after a week of very low temperatures is probably boosting demand for boots and mittens — and thanks in part to its timing, it shouldn’t chill economic data more broadly.

January 4, 2018

Airfreight Prices From Europe Skyrocket in December

Airfreight rates between Europe and the United States surged in the final two months of 2017, hitting unprecedented levels in advance of the traditional volume spike from Asia that precedes the Chinese New Year in mid-February.

January 3, 2018