The new Landstar U.S./Mexico Logistics Service Center’s yard is capable of holding over 450 trailers, 2.5 times the capacity of its previous Laredo facility.
The nominations of Wilbur Ross as Secretary of Commerce and Elaine Chao as Secretary of Transportation have been approved by the Senate Committee on Commerce, Science, and Transportation, and now move to the full Senate for approval.
Brian A. Kenney, president and chief executive officer of GATX Corporation, said the company achieved record earnings per share for the full year of 2016.
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Bulk shipping company Korea Line Corp. has been picked over Hyundai Merchant Marine to acquire Hanjin’s operations between Asia and the United States.
The logistics company has partnered with Delta Drone to use tiny aircraft inside warehouses for inventory assistance.
Ocean carriers Maersk Line, MSC, CMA CGM and Hapag-Lloyd announced new freight rates.