Talks to develop US$3.03bn Sydney F3-M2 road link 2013-5-20In 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 Up Six Straight Weeks 2013-5-20North 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 Posts Bigger Year-Over-Year Loss 2013-5-20Grupo 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 starts construction of new office building in US 2013-5-17FedEx 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.
US89 in Arizona to receive emergency repairs 2013-5-17Funding for emergency repairs to the US89 route in Arizona is being provided by theUS Government.
Metro Manila's infrastructure projects worth more than US$240mn 2013-5-17Infrastructure 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.
Interest mounts in Euro Auctions' debut US auction 2013-5-17Nearing 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 to invest Euro 10 million (USD 13 million) to grow its supply chain business in Vietnam 2013-5-17DHL 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
Agility signs 5-year contract with Kuwaiti petroleum giant KNPC 2013-5-17Kuwaiti 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.
'Extended Period of Difficulty' Looms for Shippers 2013-5-16FTR 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.
NY-NJ Terminals to Share RFID Turn-Time Data 2013-5-16Most 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.
Werner's Leathers Sees Trucking Demand Heating Up 2013-5-16As 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.
Kerry Logistics expands in Vietnam 2013-5-16Hong 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.
Wabtec Shareholders approve proposals at annual meeting 2013-5-16Shareholders 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.
US Intermodal Rates Slip Despite Higher Diesel Prices 2013-5-15The 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.
Agreement Clears Way for South Carolina Inland Port 2013-5-15Nordic 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.
Energy, Intermodal Help Railroads Light It Up 2013-5-15Anyone 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.
Road Freight Unions Lobby European Commission over Haulage Cabotage Regulations 2013-5-15EUROPE -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-Freight on the move in Rotterdam 2013-5-15U-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.
LA council votes for new BNSF rail yard to slash truck transit times 2013-5-15Los 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.
