U.K. Chancellor of the Exchequer Rishi Sunak said Britain will open its first free port since 2012 next year in an effort to boost growth after Brexit. Sea, air and rail ports across England are invited to bid for free port status before the end of this year, he said on Wednesday in a statement.
The finalists for this year’s IFOY AWARD (International Intralogistics and Forklift Truck of the Year) have been announced. The jury will send 17 products and solutions from 16 manufacturers from a field of 32 companies to compete for the best intralogistics products and solutions of the year. The finalists are Bosch Rexroth, Combilift, Crown, Easy
YRC Worldwide, parent of the fourth- and seventh-largest groups of LTL carriers, lost $104 million last year, compared with $20.2 million net profit in 2018. YRC’s total revenue for last year fell 3.4% to $4.871 billion from $5.092 billion in 2018. YRC reported consolidated operating revenue for fourth quarter 2019 of $1.16 billion and consolidated
Both December and calendar year 2019 intermodal volumes saw annual declines, according to data provided to LM by the Intermodal Association of North America (IANA). Total December volume—at 1,409,128—dropped 8.2% annually. Domestic containers—at 595,597—were off 2.7%, and trailers–at 103,897—were off 17.2%. All domestic equipment—at 699,494—was off 5.2%. ISO, or international, containers—at 709,634—saw a 10.9% decline.
On January 25, the year of the Pig ends and the year of the Rat begins. The official celebration runs from January 25-30, and during that time tens of millions of workers will travel to celebrate with their families. The largest single movement of people in the world, it can also be the year’s biggest