Canadian railway CN (NYSE: CNI) and Kansas City Southern (NYSE: KSU) plan to divest of about 70 miles of Kansas City Southern (KCS) track in Louisiana as part of the effort to secure regulatory approval to merge and create an…
In February 1994, the American Society of Civil Engineers (ASCE) named the Dwight D. Eisenhower System of Interstate and Defense Highways (the Interstate Highway System, or IHS) one of the “Seven Great Construction Wonders of America.” As the ASCE correctly…
Hapag-Lloyd has increased its container order by 60,000 twenty-foot equivalent units (TEUs). “The sharp increase in demand has led to a shortage of containers across the world. Severe imbalances — such as with exports from Asia but also owing to…
DHL Express is transforming its international air network with the creation of a cargo airline in Austria and other changes in response to strong volume growth and customer expectations for faster delivery of e-commerce orders. The parcel carrier on Tuesday…
Uber (NYSE: UBER) is reportedly set to recognize the rights of drivers to unionize in the U.K., according to a report, in a similar arrangement to its deal with the Independent Drivers Guild (IDG) in the U.S. Bloomberg reported the…
Write-offs and other signs of distress in the transportation book of business at BMO (TO: BMO.TO) remained healthy in the midst of a strong freight market, showing only minimal signs of deterioration from the prior quarter. BMO’s transportation book is…
Not surprisingly, the boom in e-commerce has driven more transportation and logistics (T&L) companies to invest in technology. With everything from warehouse automation to visibility tools, these firms are racing to meet demands of shippers and consumers. But diving headlong…
The trucking industry has been struggling to recruit younger drivers into its aging workforce for years. Companies of all sizes have rolled out recruitment and retention initiatives intended to bring in new drivers and retain existing. Most of these programs…
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Truck drivers transported loads of contraband tobacco from North Carolina to Mohawk territory in New York and returned with bags of cash and counterfeit cigarettes as part of a U.S.-Canada smuggling ring that evaded nearly $700 million in taxes, according…
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