The third-party logistics and freight forwarding arm of the Deutsche Post DHL Group launched SameDay Speedline, a global expedited airfreight service for urgent delivery of spare parts, critical medical supplies, or newly launched products.
Association of American Railroads President and CEO Edward R. Hamberger said recent attempts to “re-regulate” the Surface Transportation Board’s railroad rate review process are “misguided.”
Under the strategic partnership, Herzog Technologies will provide short-line railroad operator Watco Cos. with positive train control program management and back-office hosting services, according to a spokesperson for Watco.
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The ocean carrier’s revenue declined to $3.5 billion ($3.3 billion excluding the contribution from NOL) from the $4.1 billion in the second quarter of 2015 as the persistent pressure on freight rates drove down average revenue per TEU.
The Taiwanese ocean carriers have added new functions to their online systems in response to the unexpected service disruptions caused by Hanjin Shipping's insolvency.
The South Korean liner carrier is surely to blame for its own demise, but how much of its demise can be attributed to luck in an industry where most play follow the leader?