As online shopping, or e-commerce, becomes an ever-growing piece of holiday retail sales, so, too, does the commensurate returns, or, reverse logistics, activity. That outlook becomes even more clear, when considering that retailers’ efficiency in limiting and handling returns bought online could be as much as $32 billion in 2017, according to recent research published…Details
The Association of Asia Pacific Airlines (AAPA) notes that the solid expansion in international air cargo markets continues unabated.
With the news over the weekend that E. Hunter Harrison, president and chief executive officer of Class I railroad CSX passed away on Saturday December 16 at the age of 73, there was no shortage of praise for a man, whom was widely viewed as the most important railroader of our times. And the praise…Details
Logistics Management regrets to report that E. Hunter Harrison, president and chief executive officer of Jacksonville, Fla.-based Class I railroad CSX passed away on Saturday December 16.
Carloads, at 267,963, were up 3.4% annually, and intermodal containers and trailers rose 4.6% annually to 292,793 units.
October’s Freight TSI reading of 129.2 marks a new all-time high, topping August 2017’s 129 by 0.2%, as well as the third all-time high set over the last four recorded months and the fourth in the last six recorded months.
Class I railroad carrier CSX reported late yesterday that the company’s Chief Executive Officer and President E. Hunter Harrison is on medical leave, due to complications from a recent illness, and it added that COO James M. Foote has been named as acting CEO in the interim.
The U.S. Chamber of Commerce is strongly lobbying to tweak – not trash – the North American Free Trade Agreement (NAFTA.) And it’s not just transport companies who are leading the charge within the Chamber, U.S. Business Roundtable and other Washington lobbyist heavyweights. But since the talks opened in August, the Trump administration – to…Details
2017 was a strong year for the equipment finance industry.
Now that trucking and transport interests are applauding what appears to be the first major cut in corporate taxes in 30 years, they are hoping the applause they are heaping on Republicans reverberates into a call to spending some of that money on improving the nation’s infrastructure woes.