In Australia, New South Wales Roads Minister Duncan Gay said talks are continuing between federal and state governments to develop a US$3.03 billion (AUD 3bn) F3-M2 road link in north-west Sydney.
North American intermodal traffic was up year-over-year for the sixth consecutive week, according to the Association of American Railroads. This pushed volume to its highest level since March 2.
Grupo TMM reported a net loss of 165.6 million Mexican pesos (about US$13.4 million) in the first quarter of 2013, compared with a net loss of $11.3 million in the first quarter of 2012.
FedEx Trade Networks, the freight forwarding arm of FedEx, has started the construction of its new office building at the Riverview Solar Technology Park in Tonawanda, New York in the US.
Funding for emergency repairs to the US89 route in Arizona is being provided by theUS Government.
Infrastructure projects valued at US$244.23 million (PHP 10bn) have been introduced by the Department of Public Works and Highways (DPWH) in the Metro Manila region of the Philippines.
Nearing 400 construction machinery and industrial equipment lots already set to go under the hammer on June 26th, the first US auction for Euro Auctions at its recently acquired site in Newnan, near Atlanta, Georgia, USA is on course to be a real success.
DHL Supply Chain, the global market leader for contract logistics solutions, will invest Euro 10 million (USD 13 million) by 2015 in Vietnam. The company unveiled its extensive plans to invest in new facilities and IT solutions including a Warehousing Management System and Transportation Management
Kuwaiti logistics company Agility has signed a US$24.4 million, five-year contract with the Kuwait National Petroleum Company (KNPC), one of the leading oil companies in the Middle East, according to the Shipping Gazette.
FTR Associates' Shippers Conditions Index for March improved from February¡¯s negative 9.5 reading to a current reading of negative 7.3, indicating a slightly better but still negative environment for shippers.
Most Port of New York and New Jersey container terminals have agreed to provide truckers with turn-time data gleaned from newly installed radio-frequency identification technology, a port official said.
As temperatures rise across the country, consumers will be moving outdoors and heading to stores. Supressed demand may translate to a rush to find trucks in late May, said Derek Leathers, Werner Enterprises' president and COO.
Hong Kong's Kerry Logistics has secured a majority stake in Tin Thanh Express, to offer "one-stop-shop" logistics and supply chain solutions for multinational and local companies across Vietnam, according to the Shipping Gazette.
Shareholders of Wabtec Corporation today approved the company's proposals at its annual meeting, and the company's Board of Directors approved a two-for-one stock split and a 60 percent dividend increase.
The overall U.S. intermodal index continued to inch down this week due to declines in three of the four main directional indices, according to data on all-inclusive 53-foot door-to-door spot pricing quoted by railroads and provided by the 3PL IDS.
Nordic Cold Storage has reached an agreement with South Carolina State Ports Authority to terminate the lease on its warehouse facility in Greer, S.C., clearing the way for a $43 million inland port to be built in its place.
Anyone with doubts of the U.S. Class I railroad industry¡¯s pricing power and improved efficiency, should look at the major carriers¡¯ first quarter financials.
EUROPE -The ongoing debate regarding the liberalisation of the road haulage market takes a new turn today as transport unions say they will 'storm' the European Commission with a barrage of complaints via e mail, fax and using social networking sites expressing the view that, three years into the adoption of the new road cabotage rules, the sector is not ready for more opening of the market.
U-Ocean, the oceanfreight forwarding brand of leading global freight and logistics provider the U-Freight Group (UFL), is on the move in The Netherlands, with U-Ocean Rotterdam relocating to a new office/warehouse facility.
Los Angeles City Council has voted to approve the BNSF Railway's US$500 million Southern California International Gateway (SCIG) project that will cut truck transits to four miles to rail yards, avoiding a 24-mile trek on major highways.