Express delivery and logistics services provider DHL recently announced it has opened a new $6.2 million, 50,000 square-foot facility in Carrollton, Texas, which will serve the East Dallas area. This is the company’s second Dallas area-based facility.
For anyone that thought CSX CEO Hunter Harrison would sit idly while his railroad is dealing with the blowback of service issues that came to light through multiple letters sent to him by the Surface Transportation Board, it is time to think again.
In a letter to Class I railroad CSX CEO Hunter Harrison this week, leadership at the Department of Transportation’s Surface Transportation Board indicated they are still concerned about what it called “continued concerns over the widespread degradation of rail service across the CSX Transportation, Inc. system.”
July shipments at 1,032,065 saw a 5.7% annual gain, outpacing annual gains for 2.8% and 3.3% for June and May, respectively. This represents the fifth consecutive month of growth, as well as being the second month ever, along with August 2016, to top the 1 million-shipment mark and the 11th annual increase over the last 12 months.
Like the summer weather in many parts of the country, the current state of the truckload contract and spots market remains in a good spot. That’s the word from DAT Solutions, a subsidiary of Roper Industries, based on different data sets it has issued throughout this summer for different periods.
Earlier this week, non asset-based third-party logistics (3PL) services provider Transplace said it has selected TPG Capital, the global private equity platform of alternative asset firm TPG, as its new equity partner. Transplace officials said that TPG will acquire Transplace from Greenbriar Equity Group LLC, Transplace’s equity partner going back to May 2013, when it acquired