DCLI Chassis Link, a Charlotte, NC-based provider of marine chassis and asset management services to the U.S. intermodal industry, said it has inked a definitive agreement to acquire TRAC Intermodal’s fleet of roughly 72,000 53-foot domestic chassis and related customer and hosting contracts with major Class I railroads and intermodal shipping companies throughout the United…Details
With a 4.6% annual gain to $97.4 million in August, this marks the 10th consecutive month of increases, with all five major transportation modes carrying more freight by value.
Having full visibility into key operations–whether for tracking shipments, managing on-time deliveries or having a consolidated view of financials–can be the difference between thriving and barely surviving.
Carloads eked out a 0.2% annual increase to 268,943, and intermodal again set a new all-time weekly record, up 5.6% to 291,046.
It goes without saying that in these days of rapid e-commerce growth, consumers are getting more accustomed to getting what they want, or ordered, when they want it. This, in turn, creates challenges for retailers to get orders to customers, challenges that can be expensive but needed. That is a key takeaway from the 2017…Details
Big Brown said that effective December 24, 2017, rates for UPS Ground, UPS Air and international services, and UPS Air Freight rates within and between the U.S., Canada, and Puerto Rico will head up by an average net of 4.9%.
DHL officials said that this 54,000 square-foot gateway will expand the company’s presence in Chicago, adding that the new state-of-the-art northeast cargo campus at O’Hare International is poised to become the largest cargo development constructed at a U.S. airport in more than a decade upon its completion in the coming years.
Third quarter earnings results issued today by Atlanta-based UPS were solid despite challenges posed during the quarter as a result of multiple hurricanes and other natural disasters. Revenue for the quarter was up 7% annually to $15.798 billion, with earnings per share up 1 cent to $1.45, meeting Wall Street expectations. Operating profit, at $2.035…Details
Concerns over a lack of adequate staffing of Customs and Border Protection (CBP) at United States ports was raised as a chief concern at a nomination hearing for CBP Acting Commissioner Kevin L. McAleenan held by the Senate Finance Committee this week. This concern stems from a combination of significant growth in trade volumes and…Details
Shippers need to get in front of what is coming, when it comes to 2018 truckload contract rate increases.