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Patriot expands US railroad network with another acquisition [08/Jan/2008]
US short line and regional freight railroad company Patriot Rail Corporation has announced the purchase of the Utah Central Railway. Read Full Article...
TACA lines to hike eastbound rates next month [07/Jan/2008]
Container shipping lines belonging to the Trans-Atlantic Conference Agreement (TACA) are planning a general rate increase for eastbound traffic, effective February 1, 2008. Read Full Article...
Pilot Freight to increase base transport rates by 4% [07/Jan/2008]
Pilot Freight Services, a US-based worldwide provider of transportation and logistics services, has announced it will increase base transportation rates by 4%, effective January 28, 2008. Read Full Article...
US Customs publishes planned requirement for more cargo information [04/Jan/2008]
US Customs and Border Protection (CBP) this week (January 2) published a Notice of Proposed Rulemaking (NPRM) requiring importers and carriers to electronically submit additional information on cargo before it is brought into the US by vessel. Read Full Article...
YRC to record non-cash impairment charges [04/Jan/2008]
YRC Worldwide Inc is expecting to incur non-cash impairment charges during the fourth quarter of 2007 relating to prior acquisitions in the pre-tax range of $700-800m. Read Full Article...
AMB leases space to DHL in North America, Europe and Asia [04/Jan/2008]
AMB Property Corporation has leased 590,000 sq ft of space in North America, Europe and Asia to DHL Exel Supply Chain. Read Full Article...
ABX completes holding company reorganisation and CHI acquisition [03/Jan/2008]
ABX Holdings Inc has completed its previously-announced holding company reorganisation and acquisition of Cargo Holdings International. Read Full Article...
Maersk raises rates between North America and the Far East [03/Jan/2008]
Maersk Line planned to implement a general rate increase for traffic between North America and the Far East from January 1. Read Full Article...
ATA truck tonnage index increases by just under 1% [02/Jan/2008]
The American Trucking Associations’ (ATA) advanced seasonally adjusted for-hire truck tonnage index increased 0.8% in November, following a 0.2% contraction in October. Read Full Article...
FedEx LTL companies to hike rates this month [02/Jan/2008]
US LTL service provider FedEx Freight plans to implement a 5.48% general rate increase, effective January 14. FedEx National LTL will introduce a commensurate hike. Read Full Article...
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