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February 2016

CEVA Logistics Launches Direct China to Hungary LCL Service
CEVA Logistics now offers a new weekly LCL (Less-than-Container Load) service from Shanghai in China to Budapest, Hungary. The new service sees the central European destination added to CEVA’s already comprehensive LCL service offering which has been expanding rapidly since the end of 2011. The weekly service operates direct from the port in Shanghai to Koper on Slovenia’s Adriatic coast, where containers are then railed up to the Hungarian capital. Transit ... [+]
Financial Results Shows XPO Logistics on Firm Ground
XPO Logistics announced its financial results for the fourth quarter and full year of 2015 on February 24. In doing so, the company reports $218 million of adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) for the fourth quarter, reflecting two months’ contribution from the Con-way acquisition. “In the fourth ... [+]
Holland Honored by Worldwide Express
Holland was recently named 2015 Mid-West Regional Carrier of the Year by Worldwide Express. One of the largest authorized resellers of express shipping, Worldwide Express is a global logistics company and a trusted freight partner to more than 45 carriers. Worldwide Express presented the award to Holland at its 19th Annual ... [+]
Reddaway Named 2015 Regional LTL Carrier Partner of the Year
Reddaway has been recognized by Unishippers Global Logistics, LLC with their 2015 Regional LTL Carrier Partner of the Year award. The nation's first and one of its largest 3PL companies, Unishippers presented the award to Reddaway at its annual convention. Reddaway President and CEO T.J. O'Connor was in attendance to ... [+]
Wabash National Showcases Breakthrough Solutions
Wabash National Corporation is introducing a range of breakthrough technologies and designs in its line of cold chain and final mile transportation equipment at the American Trucking Associations’ (ATA) Technology and Maintenance Council (TMC) annual meeting February 29–March 3 in Nashville, Tennessee. The company’s exhibit will feature Wabash National’s prototype composite ... [+]
CPE American Adds Georgia for US Headquarters
CPE America has made Georgia its U.S. headquarters for sales, service and rental. The company specializes in concrete pumps used in housing, commercial and industrial construction projects. The pumps reach heights up to 200 feet. CPE will utilize both Georgia Ports Authority’s Ocean Terminal and Garden City facilities. CPE America, an offshoot of ... [+]
Hapag-Lloyd Posts Operating Profit in Q4 2015
Hapag-Lloyd has achieved its earnings targets for 2015 and also in Q4 significantly improved its operating result (EBIT) versus prior year. Based on the preliminary unaudited figures, Hapag-Lloyd increased operating earnings before interest, taxes, depreciation of intangible and fixed assets (EBITDA) to EUR 831.0 million (2014: EUR 98.9 million) and the ... [+]
Port of Oakland OKs Deal with Outer Harbor Terminals, LLC
The Port of Oakland has agreed to a lease termination with Outer Harbor Terminals, LLC. The Port’s governing Board of Port Commissioners approved the agreement on February 19. It will now be reviewed by a bankruptcy judge in Delaware overseeing Outer Harbor Terminals, LLC’s request for bankruptcy protection. Outer Harbor Terminals, ... [+]
Ruan Transportation Management Systems Implements FourKites Load Tracking to Gain Real-Time Visibility
Ruan Transportation Management Systems announced that it has selected FourKites to provide real-time load tracking across its business divisions that consists of Dedicated Contract Transportation, Supply Chain Solutions and Certified Brokerage Services. FourKites platform gathers real-time location information from more than 35 ELD/GPS providers and driver cell phones, including traditional flip ... [+]
American Trucking Associations Begins Search for Next America’s Road Team
The American Trucking Associations has opened the nominating process for professional truck drivers to serve on the 2017-2018 America’s Road Team. “Being selected as part of America’s Road Team means joining a group that represents the trucking industry as its greatest ambassadors,” said ATA President and CEO Bill Graves. “These elite ... [+]
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