The port authority awarded two contracts for road and landscaping maintenance in and around the port for a total of $16.8 million.
Ryder opens new logistics facility in London, Ontario
The new 24-hour logistics operating center includes a 30,000-square-foot building with office and cross-docking space, as well as parking spaces for 286 trailers and 162 tractors, according to fleet management and supply chain solutions firm Ryder System.
BNSF Logistics opens St. Petersburg, Fla. location
The third-party logistics arm of Class I railway BNSF says the new office further strengthens its service offerings across North America, plus provides additional local resources to support the company.
ProTrans opens new South Carolina, Arizona locations
One of the new locations provides 230,000 square feet of space, while the other is a 50,000-square-foot facility, according to Indianapolis-based third-party logistics provider ProTrans.
Stifel: Limited synergy in rumored XPO sale to Home Depot
The investment bank said Monday that it doesn’t see XPO Logistics seeking a grand exit just yet, adding that it is difficult to envision much in the way of shareholder value for Home Depot in acquiring the fast-growing freight transportation provider.
Commerce amends duty rates for Canadian softwood lumber
After finding merit in a claim from West Fraser Mills, Commerce is decreasing that firm’s duty rate from 18.19 percent ad valorem to 17.99 percent ad valorem, and the “all others” rate to 14.19 percent ad valorem, the department said in a statement.
WorldACD: November air cargo volumes reach new high
Global airfreight volumes in November 2017 were 1.3 percent higher than the previous record, set last October, according to recently released statistics from industry analyst WorldACD Market Data.
CMA CGM institutes ‘emergency’ Greek port congestion surcharge
All cargo transiting the Greek port of Thessaloniki will be assessed the surcharge, including dry, reefer, out of gauge (OOG) and breakbulk, the French ocean carrier said in a statement.
Port of NY/NJ sets monthly cargo volume record for November
The port handled 566,519 TEUs of containerized cargo for the month, 6.8 percent more than the previous best November on record, according to recent data from the Port Authority of New York and New Jersey (PANYNJ).
Yang Ming commences new Asia-Pakistan service
The Taiwanese ocean carrier will offer a tenth service connecting Asia with India and Pakistan, called the Asia Subcontinent Express 1 (AS1), starting in mid-January.