Transport Topics
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With its proximity to the ports of New York, robust interstate system and rapid growth in distribution centers, the Lehigh Valley in Pennsylvania could be poised to become the nation's second "Inland Empire" for freight.
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The collapse of Hanjin Shipping will boost the cost to U.S. businesses and consumers of a wide range of imported goods, from furniture and clothing to fresh fruit and frozen meat, according to federal agencies, shippers and retailers.
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Trucking has become a growing portion of business volume for companies that lease and finance equipment, a new study showed.
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Private equity investor Ridgemont Equity Partners announced that it has made a minority equity investment in Nolan Transportation Group, a freight brokerage.
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