Author: Transport Topics

Global Container Terminals Inc., a North American container terminal operator, has joined the TradeLens supply chain platform, which uses blockchain technology, according to an Oct. 17 news release.

Global Container Terminals Inc., a North American container terminal operator, has joined the TradeLens supply chain platform, which uses blockchain technology, according to an Oct. 17 news release.

Chemical management services company Rinchem Co. announced it acquired Carolina Tank Lines, a carrier based in Burlington, N.C.

Logistics company GlobalTranz Enterprises Inc. announced the acquisition of Chicago-based Global Freight Solutions, a freight brokerage and logistics company.

Digital freight-broker Transfix announced two updates to its platform: My Lanes, a product that recommends freight based on carrier preferences; and Reserved Loads, which it referred to as the industry’s first exclusive-access freight program for “exceptional” carriers.

CSX Corp. on Oct. 17 announced third-quarter profit of $856 million compared with $894 million in the same quarter of 2018, but beat Wall Street expectations and in the process set a record for operating ratio for a U.S. railroad.

FTR reported preliminary U.S. trailer orders hit 19,000 in September, calling it a rebound and the highest tally since February.

Convoy’s recently launched automated reloads program is yielding a 45% decrease in the carbon dioxide emissions created by empty miles in freight, according to the digital freight network.

BYD Motors Inc. announced three of its 8Y battery-electric yard trucks will be deployed by PepsiCo Inc.’s Modesto Frito-Lay facility as part of a state project designed to showcase economically and environmentally sustainable warehousing and distribution technology.

Cummins Inc. selected Amy Adams to the newly created position of vice president of fuel cell and hydrogen technologies.