Rail carloads, at 1,028,141, were down 0.3%, or 2,753 carloads, compared to February 2017. Intermodal containers and trailers saw a 3.3%, or 68,217 unit gain, to 2,132,142 in February.
Chicago-based third-party logistics (3PL) services provider SEKO Logistics said this week it is undergoing a “massive expansion” in Mexico, which it called the most significant stage of its global expansion strategy to date.
Effective May 16, Greg C. Gantt is succeeding David S. Congdon, who has served as Chief Executive Officer since January 2008 and Vice Chairman of the Board of Directors since May 2015. Gantt, who will also retain his current title of president, originally joined ODFL as a Regional Vice President in 1994 and has assumed…Details
When assessing the current and future state of United States-bound retailer container shipments, there is a short-term outlook and a long-term outlook, based on the findings and takeaways of the Port Tracker report issued by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.
Since the federally mandated electronic logging device (ELD) mandate took effect near the end of 2017, the subsequent impact on the truckload shippers and carriers, as was expected, has been fairly bumpy on various fronts. That was a key theme in a Logistics Management reader survey of 349 freight transportation and logistics stakeholders.
Port of Oakland officials today promised a digital shipping platform by mid-year to speed up global trade flows.
A collaboration between GE Transportation and project44 focused on integrating project44’s SaaS platform to augment and link GE’s railroad and shipper product suites was announced yesterday. Through this collaboration, the companies said GE Transportation is working towards utilizing a more predictable and reliable port-to-door supply chain ecosystem by connecting transportation data from railroad networks, yards,…Details
Earlier this week, the Federal Maritime Commission said it voted to kick off an investigation that will focus on the practices of vessel operating common carriers and marine terminal operators related to detention, demurrage, and per diem charges. The investigation will be led by FMC Commissioner Rebecca Dye, whom will examine detention, demurrage, and per…Details
If United States Senate Democrats were to get their way, then the recently-enacted tax reform cuts recently signed into law by President Trump would be short-lived. But before anyone gets too carried away, let’s remember that in the Washington, D.C. things tend to move at a glacial pace. And in the case of true progress…Details
Montreal-based Class I railroad carrier CN said yesterday that its Board of Directors formally announced that CEO Luc Jobin has left the company, effective immediately, and replaced him with Jean-Jacques Ruest. Ruest, a 22-year CN veteran, will serve as interim president and CEO until a new, permanent replacement has been named, and he has served…Details