Regional Rail has acquired the assets of Clinton Terminal Railroad in North Carolina. The acquisition, announced this week, will expand Regional Rail’s presence in North Carolina. Regional Rail had acquired Carolina Coastal Railway in 2020. Carolina Coastal will be the new owner and operator of Clinton Terminal Railroad, which will be named the Clinton Branch…
On today’s episode of WHAT THE TRUCK?!? Dooner is talking about a week full of disruptions for LTL shippers. How has the market handled the largest trucking bankruptcy in history? Bitfreighter’s Brad Perling has brought the ice bucket challenge back to freight. We’ll find out why. Plus, we’ll learn how to win freight with Live…
Less-than-truckload carrier XPO is benefiting from an industrywide capacity shake-up. The company said it may ramp up planned terminal and equipment additions to meet the higher level of demand. On its second-quarter call with analysts Friday, the company said demand troughed in March, improved in April and May but ticked lower in June. However, by…
Ocean freight colossus Mediterranean Shipping Co. said Thursday it has acquired a majority stake in AlisCargo Airlines SpA and plans to take full control of the Milan-based company in early 2024, underscoring the seriousness of its air cargo strategy even as the international freight market languishes in a sustained trough. AlisCargo was founded in 2019…
The transportation industry is a critical part of the U.S. economy and as such, organizations large and small within the industry could be appealing targets to cybercriminals. In recent years, as the industry has undergone a digital transformation, the number of vulnerabilities that bad actors can exploit has only grown. “The more you digitize, the…