Port of Davisville roars ahead with development
Two years ago, the $50 million bond measure for infrastructure projects at the Port of Davisville was approved by Rhode Island voters. With the approval in hand the implementation of the $90 million modernization plan, particularly the critical rehabilitation and modernization of Pier 2, has moved forward.
DCLI acquisition of TRAC Intermodal’s 53-foot domestic chassis fleet key to a larger plan
On January 11, 2018, Direct ChassisLink Inc., better known as DCLI, completed the purchase of TRAC Intermodal’s 53-foot domestic chassis fleet. DCLI’s intention to purchase the TRAC units was made in late October 2017 before last month’s closing. The purchase price for the chassis fleet was not disclosed.
Port Newark Container Terminal successful close on tax-exempt bond paves way to future terminal development
In late December 2017, Port Newark Container Terminal LLC (PNCT) secured $298 million in tax exempt bond proceeds that will be used to refinance existing debt and to finance the ongoing development of the terminal.
Handicapping Asia’s risks in 2018
In January, Hong Kong-based SVA (Steve Vickers and Associates) issues its annual Asia Risk Assessment which handicaps the comparative political and economic risks for each nation or territory in the region.
C.H. Robinson – An original
“We’re the original 3PL” is the tag line for the Eden Prairie, Minnesota-based third party logistics company C.H. Robinson. Over the company’s century plus existence, it has adapted with each regulatory, economic and technological challenge. In an interview with John P. Wiehoff, chairman and CEO of C.H. Robinson, he explains the process behind creating one of the world’s largest 3PLs.
John S. Connor Inc. hits the century mark
It’s difficult for any company to achieve a 100-years in business. But for a family run international freight forwarder to eclipse the century mark is a remarkable achievement.
Networks offer independent freight forwarders leverage
Freight forwarding networks have become an essential feature in doing business for the independent freight forwarder.
Forest from the trees
North America’s forest product industry faces numerous challenges
Bridging the gap
The bridges of North America have long been neglected at painful cost. But fixing and replacing existing bridges or building new ones is a costly – estimated at $123 billion - undertaking.
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