Nationwide trucker and third-party logistics services provider Schneider National said it will seek an initial public offering of its common stock next year.
U.S. meat exports surge in August
U.S. beef export volumes in August, which were the highest since October 2014, rose 26.9 percent from August 2015 thanks to increased beef exports to Hong Kong, Korea, Japan and Mexico.
Executive Moves: Sunset Transportation and RailWorks
Sunset Transportation names VP of sales and marketing, while RailWorks appoints CEO.
NRF: U.S. container imports remain strong as retailers prepare for holidays
October is projected to be the second-busiest month this year for import volumes at the nation’s major container ports, according to the latest monthly Global Port Tracker report from the National Retail Federation and Hackett Associates.
Samskip finalizes reefer acquisition
The multi-modal container transport and logistics company has expanded in the reefer business with its Samskip Logistics unit acquiring a half interest in Bergen, Norway-based Silver Sea, formerly known as Silver Green.
Survey: Fewer shipping companies planning railcar orders in Q3 2016
It’s not all bad news, however, as the shipping and logistics providers planning railcar orders said they were more certain about placing those orders compared with the second quarter, according to a survey conducted by investment firm Cowen and Co.
Volga-Dnepr takes delivery of 10th 747-8 freighter
The newly delivered aircraft is the fifth of 20 Boeing 747-8s ordered by the airline group in July, bringing subsidiary AirBridgeCargo’s fleet to 16 747-class freighters, the company said in a statement.
KCS opens new transload terminal in Texas
Kansas City Southern Railway has named Watco Transloading as operator of its new Zacha transload facility in Dallas, which offers 9,523 feet of track space and 80 acres of outside storage, the company said in a statement.
Report: South Korean truck drivers go on strike
Transport Minister Kang Ho-in called the walkout by more than 7,000 unionized truckers “unjustified” and “an act of betrayal,” vowing swift action against participants, according to a report from Korea’s Yonhap News Agency.
Freight Rate Roundup: Maersk, MSC, CMA CGM, Hapag-Lloyd and OOCL
Ocean carriers Maersk Line, MSC, CMA CGM, Hapag-Lloyd and OOCL adjusted freight rates on various trades.