Union Pacific subsidiary PS Technology has partnered with Norfolk Southern to create the new automated system that’s expected to boost Norfolk Southern’s operating efficiency, lower costs and increase productivity.
DCLI, FlexiVan launch asset sharing program
Meanwhile, TRAC Intermodal President and CEO Keith Lovetro discussed how his company is in the process of refurbishing and expanding its chassis fleet.
House signs off on bipartisan 2017 spending bill
The Consolidated Appropriations Act, 2017 (H.R. 244), which was passed by the U.S. House of Representatives Wednesday by a 309-118 vote, will boost funding for the Department of Defense and Homeland Security.
XPO Logistics turns a profit in Q1
The Greenwich, Conn.-based third party logistics provider recorded a net income of $24.9 million for the first quarter of 2017, up from a net loss of $19.3 million for the corresponding period in 2016.
Port of Barcelona to receive EIB warehousing loan
Funded by the so-called “Juncker Plan,” the European Investment Bank loan will enable the port to expand warehousing space by 1 million square meters and create 10,000 direct and indirect jobs, according to a statement from the European Commission.
Maersk, Hamburg Süd to reshuffle management after merger
Upon completion of the deal, several Maersk Line senior executives will join the top management team of German ocean carrier Hamburg Süd, the companies said in a joint statement.
Schneider commences Baltimore ramp service
The new inbound and outbound intermodal ramp service, which connects Baltimore directly with 10 U.S. ramps and two in Mexico, will decrease overall transit times by two days, according to the trucking and intermodal logistics company.
Lawmakers call for Shipping Act reform
Members of the House Subcommittee on Coast Guard and Maritime Transportation say the law, which provides ocean carriers with limited antitrust immunity, is not up to date with the operational realities of today’s liner industry.
Incubator Dynamo unveils second batch of startups
The logistics technology accelerator program Dynamo’s latest installment includes visibility providers, warehouse drone developers, and a digital freight brokerage.
ClearMetal to help Panalpina with predictive booking insights
The global freight forwarder will use ClearMetal’s machine learning platform to make better use of its internal data in predicting customer booking cancellations and modifications.