The new platform makes it easier for warehouse users to find facilities for rent or sale on port property.
CenterPoint sells Chicago facility to Simpson Manufacturing
The industrial real estate development and management firm sold a 174,400-square-foot facility within the DuPage Business Center in western Chicago, Ill. to Simpson Manufacturing Company.
Ports America, TIL to exit joint Port of Oakland terminal venture
The Northern California port says there is ample capacity to absorb cargo business at other Oakland terminals after a “unilateral” decision to depart by the joint operators of Outer Harbor Terminal LLC.
EZ Worldwide Express files for bankruptcy
The parcel carrier, many of whose clients are large retailers, was hit hard by a holiday shopping season that “fell far short” of expectations, according to court filings with the U.S. Bankruptcy Court in Newark, N.J.
Trucking carrier introduces safety-based pay incentives
Effective March 1, 2016, truckload carrier U.S. Xpress will increase base mileage pay by an average of 13.5 percent for solo drivers with clean driving records for the previous 12 months.
Executive moves: Port Corpus Christi, Polymer Logistics and HMI/Gulf Marine
Port Corpus Christi lines up 2016 commission officers, while Polymer Logistics names sales VP and HMI/Gulf Marine appoint new CEO.
NEWS FLASH: Ports America, TIL to exit Port of Oakland
The Northern California port says there is ample capacity to absorb cargo business at other Oakland terminals after a “unilateral” decision to depart by the joint operators of Outer Harbor Terminal LLC.
Industry advocates call for container weight regulations to be clarified on national level
European terminal operators say they want implementation guidelines for the new IMO rules requiring shippers to provide the verified gross mass of containers that “do not create competitive distortions between member states.”
CSX consolidates management divisions in face of coal decline
The Jacksonville, Fla.-based Class I railroad said it is consolidating its operations administration from 10 to 9 divisions and closing administrative offices at Huntington, W.Va. in response to the slow down in coal business.
Atlas Air lands Southern Air acquisition
Atlas Air Worldwide Holdings will acquire privately held Southern Air Holdings, a longtime air cargo services provider, for $110 million.