The Jacksonville, Fla.-based Class I railway will place more, longer trains, as well as run them faster, on its tracks between Seymour and Butlerville, Ind., the company said in a statement.
Under a new five-year agreement, Atlas Air Worldwide Holdings will provide FedEx Express with five 747-400 freighter aircraft during peak flying season, which generally takes place in December but can occur earlier in the year.
Parts manufacturer Delphi Automotive has joined forces with Mobileye, a developer of computer vision systems focused on the automotive industry, to develop a fully automated driving solution by 2019, according to a joint statement from the companies.
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The Itasca, Ill.-based third-party logistics provider has added a 50,000-square-foot warehouse on the border of Shenzhen in southeastern China, 30 minutes away from the Port of Hong Kong and 45 minutes from Hong Kong International Airport.
Officials at the Port of Virginia said they can expand barge service to help liner carriers streamline port networks, but the Port of Baltimore said it has advantages that appeal to carriers and shippers.
The London-based shipping research and consulting firm said carriers can’t cut costs fast enough in an industry where revenues may be $50 billion below what they were in 2014.