RK Logistics Group has found success by targeting high-tech companies in the San Francisco Bay area, growing revenues from about $16 million five years ago to $65 million.
Commentary: Lobbyist free-for-all can skew the bigger picture on Trump tariffs
The vast majority of think tanks, academics, and former presidential advisors say aluminum and steel tariffs are a bad idea, but lobbying groups have the president’s ear.
Descartes looks for more acquisitions amid strong balance sheet
The global logistics software provider is anticipating more acquisitions, but despite being very well capitalized and having a healthy balance sheet, it will continue to be “prudent” in its evaluations, CEO Edward Ryan said in a webcast.
Upcoming elections a cue to negotiate NAFTA quickly, Lighthizer says
While U.S. Trade Representative Robert Lighthizer said Monday the United States, Canada and Mexico must quickly negotiate a revised NAFTA, he also received heat from the Canadian Foreign Affairs Minister for Trump-proposed steel and aluminum tariffs.
ITC: U.S. welded pipe producers harmed by imports
The U.S. International Trade Commission has determined there is a “reasonable indication” that domestic producers of large diameter pipe are harmed by similar imports being dumped on the U.S. market from six different countries.
Executive Moves: UPS and BDP International
UPS appoints new chief operating officer and international president, while BDP International names managing director for Middle East, Turkey and Africa.
Trump nominates Fuchs, Schultz to STB
President Donald Trump has nominated Patrick J. Fuchs and Michelle A. Schultz to serve five-year terms as members on the U.S. Department of Transportation’s Surface Transportation Board.
RoadOne acquires Jarvis Trans
RoadOne IntermodaLogistics said it has acquired the New England regional intermodal transport services provider Jarvis Trans Inc. to boost its presence in the U.S. Northeast.
Transpacific contract rates outlook appears foggy
Beneficial cargo owners and other industry experts are divided on whether transpacific contract freight rates will rise or fall in 2018, but it’s clear most shippers expect total transportation costs for their overall supply chain to be higher this year.
FMC to launch detention, demurrage investigation
Commissioners voted unanimously to look deeper into a petition from shippers and truckers alleging carriers engage in unfair assessment of free time penalties.