Freight

Deere 3Q results suffer from higher raw material, freight costs

Farm equipment maker Deere & Co. on Friday reported fiscal third-quarter profit of $910.3 million, higher than the year-earlier level but less than Wall Street analysts expected.<p>The Moline, Illinois-based company said it had profit of $2.78. Earnings, adjusted for pretax gains, were $2.59 per …

Business

Railways to invest Rs 44,000 crore on West Bengal-Andhra Pradesh freight corridor

India

Maersk CEO on Drilling Unit Spinoff, Earnings, Freight Rates – Bloomberg

Maersk CEO on Drilling Unit Spinoff, Earnings, Freight Rates<p>Maersk CEO on Drilling Unit Spinoff, Earnings, Freight Rates<p>Maersk CEO on Drilling Unit …

Globalization

Deere earnings miss as raw material and freight costs bite | Financial Times

US tractor maker Deere & Co on Friday said replacement demand for large agricultural equipment is lifting sales despite trade fears, even as it …

Income Tax

Transportation costs on the rise

Industry data indicates that transportation costs are on the rise as demand outpaces supply. The Cass Freight Index showed a 10.6% increase in …

Business

Railways may propose ₹56,000-crore East Coast freight corridor next year

The freight corridor between Kharagpur and Vijaywada section will be 1,114km in length and is part of the Golden Quadrilateral project of the Indian …

Business (India)

Japan to get interest forever on low-cost funds extended to the Railways

Japan will get interest repayment in perpetuity or forever for the low-cost loan that it extended to India for building the western dedicated rail fr

Trains

SwanLeap - Madison, WI

2018 Rank#1<p>LeadershipBrad Hollister<p>2017 Revenue$99 M<p>3-Year Growth75,661<p>IndustryLogistics & Transportation<p>LocationMadison, WI<p>Founded2013<p>Employees49<p>Share<p>During stints as a freight broker and shipping consultant, Brad Hollister saw firsthand how the systems big manufacturers and retailers used to …

Artificial Intelligence

DB-VTG publish Innovative Freight Wagon interim report

DB says the innovations being tested on the flat wagons, container wagons, tank wagons, and car transporter wagons range from the use of new …

Transportation

Africa Twin

Engine & Drivetrain<p>Chassis / Suspension<p>Additional Features<p>Colours<p>Tricolour<p>Africa Twin Adventure Sports (Standard)<p>MSRP starting from $16,799<p>MSRP …

Selling

Freight load-matching startup Cargomatic, which uses an app to connect cargo and drivers, raises $35M Series B led by Warburg Pincus

Startups

In two years, Urumqi transport hub sees 1,400 China-Europe freight trains

A worker operates a shipping container crane to move cargo at the Urumqi transport hub, Xinjiang Uyghur Autonomous Region on August 9, 2018. Photo: …

Trains

India and Japan to cooperate on safety improvements

A Record of Discussion (ROD), which formalises an agreement reached through a Memorandum of Cooperation (MOC) signed on February 17 2017, was signed …

India

Teesport to get new freight services from Belgium and France

Teesport operator PD Ports is hoping to boost the facility with a launch of new direct routes from two European destinations.<p>PD has teamed up with …

Customers

Central Oregon Truck Co. merges with Leavitt's - Portland Business Journal

By Andy Giegerich <br>– Digital Managing Editor, Portland Business Journal<p>Aug 14, 2018, 5:58am PDT<p>A Redmond transportation company has merged with a …

Portland, OR

UPDATE 2-Egypt's GASC receives offers in wheat tender

(Adds C&F offers)<p>CAIRO, Aug 14 (Reuters) - The lowest offer for wheat presented at Egyptian state grain buyer GASC’s international purchase tender on Tuesday was $230.99 a tonne for Sept. 21-30 shipment free on board (FOB), traders said.<p>The offer was made by trading company CHS for 60,000 tonnes of …

Trading

Carry the Freight: J.D. Martinez | 08/14/2018 | MLB.com

J.D. Martinez is the overall Carry the Freight winner for the Red Sox, hitting .464 with four homers and 11 RBIs over the past seven days

Boston Red Sox

Tyler Newton Rides the Nias Freight Train

The Hawaiian's high-octane barrel session during Indo's monumental swell<p>Jaw-dropping footage from the biggest swell on record to hit Indonesia …

Freight Train

Freight train derails in Romania as viaduct collapses under its weight

A freight train carrying oil products derailed on Sunday morning, August 12, after a viaduct collapsed under its weight. The accident occurred in …

Freight Train

World rail freight news round-up

Nurminen Logistics plans to launch a regular container train service from the port of Helsinki to China via Russia and Kazakhstan in the final …

Locomotives

DGAP-News: Aves One AG: Aves One acquires about 4,400 freight cars from NACCO/CIT

Aves One AG: Aves One acquires about 4,400 freight cars from NACCO/CIT<p>The issuer is solely responsible for the content of this announcement.<br>Aves One acquires about 4,400 freight cars from NACCO/CIT<p>Volume of Aves One freight car portfolio more than doubles to over EUR 500 million<br>Annual EBITDA …

Stock Markets

800-km stretch of dedicated freight corridor to be opened this year

Almost 800 km of the Dedicated Rail Freight Corridor is set to open this fiscal, with the remaining stretch of 1,500 km to be commissioned next year.T

Business (India)

Uber is doubling down on freight

<i>This story was delivered to Business Insider Intelligence Transportation & Logistics Briefing subscribers hours before it appeared on Business Insider. To be the first to know, please click here.</i><p>Uber will spin out Uber Freight, its digital freight marketplace, into a separate unit and more than …

Transportation

Sneaker exhibit brings the fresh at the Freight Gallery

San Antonio

This handgun safe can be opened by just banging it around. That’s why it’s been recalled

About 25,000 electronic handgun safes sold under the Union Safe Company and Bunker Hill Security brands are being recalled because they can too …

South Carolina

NSW farmer to monitor freight prices

The NSW government is cracking down on dodgy operators in the freight industry who are cashing in on the plight of drought-stricken farmers.

Farming

PM Modi to inaugurate 190 km Ateli to Phulera section on August 15

DFCCIL will run freight train at the maximum speed of 100 km per hour (kmph) as against the current maximum speed of 75 kmph

India

Turnbull pledges $1.2 billion for PFL

THE McGowan Government has confirmed the door was shut on resurrecting the Perth Freight Link project, after the Prime Minister said he still wanted …

Australia

Brazil’s effort to appease truckers enrages its farmers | Financial Times

Argino Bedin, a farmer in the soyabean-producing stronghold of Sorriso in Brazil’s centre-west, should be thrilled with what has been a successful …

Economics

Uber Ups the Ante on Uber Freight Trucking Division

Uber Freight has announced a set of long-term strategic moves along with the rehiring of a recently departed Otto co-founder in moves widely seen as …

Trucking