News

16.02.2019

Industrial real estate demand keeps building in US Gulf

The overall industrial vacancy rate in Houston stood at 5 percent in the final quarter of 2018, the lowest level in two years. Photo credit: Shutterstock.com. […]
16.02.2019

XPO on growth track despite big customer loss

XPO Logistics expects adjusted EBITDA to increase of 6-10 percent to $1.65-$1.73 billion in 2019, down from a December target of 12-15 percent growth and a […]
15.02.2019

Saudi ban spoils outlook for Brazil chicken exports

Brazil exported 4.1 million million tons of chicken at a total value of $6.57 billion in 2018, year-over-year declines of 5.1 percent and 9.2 percent, respectively. […]
15.02.2019

DSV bid reveals Panalpina shareholder divide

DSV has made a second bid for Panalpina, increasing the offer price by 6 percent and making it an all-cash offer as opposed to the cash-shares […]
15.02.2019

CH Robinson: No US truckload slowdown in sight

C.H. Robinson saw its revenue increase across all three of its primary transport modes in 2018, with truckload up 17.6 percent, LTL up 15.8 percent, and […]
15.02.2019

Vancouver port launches rail upgrades amid delays

Cargo volume at the port of Vancouver is increasing faster than capacity, increasing container dwell time and causing rail delays. Photo credit: Shutterstock.com. An agreement signed […]
15.02.2019

New technology driving US West Coast port automation

APM Terminal’s pilot project at its Pier 400 terminal in Los Angeles will be the first in North America to use autonomous straddle carriers. Photo credit: […]
15.02.2019

Service integrations offer new trade compliance options

Global trade management software providers are more tightly integrating trade compliance with traditional logistics execution functions. Photo credit: Shutterstock.com. Maersk Line’s acquisition of the customs house […]
14.02.2019

New Canaveral cranes recover fallen rockets

Port Canaveral had crane manufacturer Liebherr add another 36 feet to the mast of its standard LHR 600 mobile harbor crane, making it tall enough to […]
14.02.2019

Large US truckload carriers ‘rebalance’ business

“Our large shippers expect to see things take off” as the quarter enters its latter half, in late February and March, said CFI CEO Greg Orr. […]