NEWS FLASH: Ports America, TIL to exit Port of Oakland
The Northern California port says there is ample capacity to absorb cargo business at other Oakland terminals after a “unilateral” decision to depart by the joint operators of Outer Harbor […]
The Northern California port says there is ample capacity to absorb cargo business at other Oakland terminals after a “unilateral” decision to depart by the joint operators of Outer Harbor […]
The U.S. Federal Maritime Commission has received 13 ocean transportation intermediary license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from Feiliks Global Logistics […]
FMC reviews 13 OTI license applications
The Jacksonville, Fla.-based Class I railway’s $272 million “Carolina Connector” project is contingent on securing $100 million in funding from the state of North Carolina.
Rail freight volumes in the United States dropped 2.5 percent year-over-year to 28 million carloads and containers in 2015, according to data from the Association of American Railroads.
Rates fell another 3.8 percent in December compared to last year, the 12th consecutive month prices have decreased, according to the latest Cass Intermodal Price Index.
The Jacksonville, Fla.-based railway reported revenues in the fourth quarter of 2015 fell 13 percent compared to the fourth quarter of 2014 thanks in part to a 32 percent drop […]
Norfolk Southern is working to improve efficiency in the face of the Canadian Pacific offer, announcing moves to consolidate management of key coal and intermodal routes in the mid-Atlantic region.
It is unclear, however, whether the aircraft manufacturer has any plans to actually produce the plane.
A dozen rubber tire gantry cranes will be added this year and in early 2017 at Global Container Terminals’ GCT Deltaport terminal in Port Metro Vancouver as part of an […]
The port plans to ban current trucks with 1994-95 engines by 2018 and require new trucks serving port to have 2007 engines or better starting in March.
The Intermodal Association of North America installs 2016 board, while the U.S. Meat Export Federation promotes Japan director.
The Jacksonville,Fla.-based Class I railway is turning over operating management of the intermodal terminal to Ports America in an attempt to improve the efficiency of rail service at the Port […]
The refrigerated intermodal services provider added Miami and Toronto as new destinations to its intermodal service offerings from Washington State and Oregon.
Under Seaton’s leadership, ocean carrier APL pioneered industry innovations like larger-than-panamax containerships, doublestack trains, and domestic intermodal service.
Jacksonville, Fla.-based logistics services provider Momentum Transportation – USA, a Landstar agency, has acquired Get Fr8 and expects to benefit from its intermodal capabilities.
A proposal for the development of an inland port in the eastern Pennsylvania town of Bethlehem is being floated by the Port of New York and New Jersey in an […]
Don’t be bashful. When it comes time to negotiate service contracts with the liner carriers this spring, shippers and non-vessel-operating common carriers should go for the lowest rates possible […]
Rates dropped another 2.4 percent in November compared to last year, the tenth consecutive month prices have fallen, according to the latest Cass Intermodal Price Index.
The two high-efficiency “megamax” ship-to-shore cranes, expected to be operational in 2017, will be will be capable of handling the largest vessels in service worldwide.
IAG appoints new commercial executive, while RoadOne Intermodal makes promotions and project44 names president.
Shipment volumes and expenditures both slowed from the previous month and the same 2014 period, but were still “stronger than expected,” according to the latest Cass Freight Index Report.
Intermodal operator Shuttlewise, in cooperation with Novatrans, will commence a rail shuttle between Rotterdam, Netherlands and Dourges, France, which will initially run five times a week.
Major North American railroad stocks have fallen dramatically in the last few weeks as volumes continued to slump in November, driven primarily by a massive drop off in coal and […]
The U.S.-owned and operated marine solutions, transportation and logistics company added 400 new refrigerated cargo containers to its equipment fleet to accommodate Central America’s heavy northbound reefer season, which is […]
The five-year surface transportation reauthorization includes many elements favored by freight advocates, but some are disappointed that customs fees are being diverted to help pay for the bill.
The proposal includes funding for a Port Commerce master plan and critical maintenance, repairs and upgrades to existing transportation facilities at area airports, seaports, tunnels, bridges and terminals.
The higher than expected decline in domestic coal movements during the fourth quarter of 2015 caused the railway to lower its full-year earnings per share projection.
The third-party logistics services provider purchased private, non-asset truckload brokerage Bear Transportation Services for $26 million.
Transport Corp. of America, a subsidiary of TransForce, has acquired an undisclosed majority stake in Optimal Freight, a privately held non-asset based truckload freight brokerage company.
APL is concentrating six U.S.-flag ships into a single transpacific string, called the Eagle Express (EX1), which will focus on trying to attract commercial shippers needing rapid transits eastbound. […]
United States gross domestic product (GDP) grew 2.1 percent in the third quarter, according to the Commerce Department’s second estimate, but truck tonnage remains relatively flat amid weak industrial and […]
Port of Miami Terminal Operating Company, the only non-carrier affiliated terminal, saw its volumes double to 22,225 TEUs, the largest percentage gain among the three container terminals at the South […]
The Transpacific Stabilization Agreement’s 15 members plan a $1,200-per-FEU rate hike on Asia-U.S. West Coast trade Jan. 1 and want a minimum rate of $1,700 per FEU to the U.S. […]
Deputy Administrator Manuel E. Benitez says Panama Canal Authority will have better idea in December whether the canal will open in April as now scheduled.
The Columbia Group of Companies is opening a new intermodal chassis depot in Bayonne, N.J. today, with Trac Intermodal slated be the facility’s first customer.
Port Everglades retained its spot as the top container port in Florida, but PortMiami has closed the gap with a 15 percent jump in volumes to 1 million TEUs during […]
The logistics provider and container terminal operator posted revenues of 868.9 million euros for the first nine months of 2015, a 4.2 percent decline from the corresponding period in 2014.
Shipment volumes and expenditures both slowed from the previous month and the same 2014 period, according to the latest Cass Freight Index Report.
Chief Financial Officer Frank Lonegro reiterated the railway’s 2015 financial projections and outlined expectations for key markets in 2016 at the Baird Industrial Conference in Chicago Tuesday.
China’s Ministry of Transport is also concerned about recent growth in shipping surcharges, according to the Federal Maritime Commissioner William P. Doyle, who recently returned from bilateral maritime talks in […]
The infrastructure arm of Brookfield Asset Management has acquired a near 15 percent share in Patrick Stevedoring parent Asciano Limited and still plans to make a majority takeover bid for […]
The multi-year measure would support infrastructure investment, including a first-time dedicated funding source for freight-related projects, but is only partially funded so far.
Drayage drivers for XPO Logistics, Intermodal Bridge Transport (IBT) and Gold Point in Los Angeles and Long Beach, and Cal Cartage warehouse workers have ended their strike, but protests at […]
Domestic and international container volumes rose, but trailer volumes decreased during the third quarter of 2015 compared with the same 2014 period, according to the Intermodal Association of North America.
The roll-up freight brokerage and logistics provider had EBITDA of $166 million in the quarter as it digests recent deals for Norbert Dentressangle and LTL carrier Con-way.
Seven marine terminals at the ports of Los Angeles and Long Beach have been locking out companies targeted by protesters, according to the Harbor Trucking Association, a trade association representing […]
The railway broke ground on a $70 million railroad bridge in Letchworth State Park in conjunction with the New York State Department of Transportation; the New York State Office of […]
Canadian National Railway posted a net income of $1.01 billion Canadian on revenues of $3.2 billion Canadian for the third quarter of 2015.
Some Cal Cartage warehouse workers will join the protest today, according to the Teamsters, but port officials say there hasn’t been a marked effect on operations in terms of congestion.
The company’s trucking business benefited in the third quarter from its Jan. 1 acquisition of Freightquote.com, according to C.H. Robinson’s most recent financial statements.
Data from Globe Tracker-enabled intermodal assets will feed into TransVoyant’s predictive analytics platform to improve supply chain efficiency and visibility, mitigate risk, and give users the ability to better respond […]
The asset-light transportation and logistics service provider anticipates third quarter 2015 revenues will be between $490 million and $500 million, down from previous projections of $530 million to $555 million.
Terminal company GCT USA will complete the final design and build the new ExpressRail Port Jersey facility in Greenville Yard.
The Omaha, Neb.-based railway posted a net income of $1.3 billion on revenues of $5.6 billion for the third quarter of 2015.
Year-over-year rates dropped 2.3 percent in September, the ninth consecutive month of declining prices, according to the latest Cass Intermodal Price Index.
For the second year in a row officials from PortMiami and Port Everglades participated in the TPM Asia Conference in Asia, Oct. 13-15, as business partners rather than competitors. […]
Kevin Lynskey, the deputy director at PortMiami, learned a hard lesson about trying to be funny in the wrong setting and being too honest at the recent Intermodal Association […]
The terminal operator will purchase the remaining 39 percent of the issued shares of port terminal manager Grup Maritim TCB, making it the sole controlling shareholder of the company.
Total operating revenues dipped slightly at the trucking and logistics provider as fuel surcharge revenues fell and customer demand remained “tepid,” according to J.B. Hunt’s most recent financial statements.
The former NOL chief told the TPM Asia conference he expects transpacific rates to continue to drop in 2016. and carriers need to cooperate on landside operations to overcome structural […]
Shipment volumes and expenditures both increased from the previous month as shippers prepared for the upcoming holiday season, but still lagged behind 2014 figures, according to the latest Cass Freight […]
Odyssey Logistics & Technology Corp. introduced its “load and roll pallet” (LRP) service for shippers of coiled metal products, as well as those with long and flat metal products.
DB Schenker Rail names new CEO, while Scandinavian Bunkering appoints managing director and Sparrows Point Terminal picks advisor.
The legislation (HR 702) also includes a provision to increase funding for the 60 ships in the Maritime Security Program from $3 million to $5 million.
The inability to agree on a long-term highway bill led Congress in July to pass a six-month extension of Transportation Department programs that will expire at the end of the […]
The less-than-truckload carrier will enter into an alliance with third-party logistics provider Mallory Alexander International Logistics, LLC to enhance its ocean forwarding offering.
The less-than-truckload provider added an outbound LTL service from Toronto, Ontario and appointed John Geertsema as General Manager for Canada.
Year-over-year throughput of crude oil and other petroleum products dropped 22 percent last week compared to the same period last year, according to the American Association of Railroads.
The terminal operator took delivery of the three ship-to-shore container cranes and two rail-mounted cranes for the APM Terminals’ new TEC2 terminal at the Port of Lazaro Cardenas, which is […]
PortMiami and Port Everglades will work together, rather than compete, to market South Florida as a gateway for Asian goods at the upcoming TPM Asia Conference in Shenzhen, China.
The multi-million dollar renovation on the port’s main dock will enable the port and Tuloma Stevedoring, the operator of the port’s main dock, to handle over one million tons of […]
The largest port on the U.S. East Coast also handled increased numbers of vehicles and saw intermodal rail traffic increase during the month.
Rand Logistics names VP of procurement, DHL Express in Africa appoints managing director of Sub-Saharan Africa and Texas Trucking Association selects Intermodal Committee chairman, while Park City Group names CFO.
The new service, which connects Chicago and St. Paul, Minn. with Seattle, features expedited service seven days a week for westbound traffic and six days a week for eastbound traffic.
The 60 percent drop in oil prices in the past year has hurt some sectors of the U.S. economy and tamped down growth, according to Thom Albrecht, transportation analyst at […]
Sparrows Point Terminal names VP of commercial and trade development, while Fleetgistics appoints operations VP.
The Ports of Auckland posted net profit after tax of $63.2 million on $218.3 million in revenues for the financial year, which ended June 30.
Nordco, manufacturer of the new mobile rail car movers, said its machines offer the same performance as locomotives, but with more flexibility and less pollution.
Key issues to be covered at the Container Trade Outlook 2015 Conference in Houston, Texas include the Panama Canal expansion, container industry outlook, chassis pools and issues, and U.S. maritime […]
Norfolk Southern finalized the purchase of a 282-mile section of track between Sunbury, Pa. and Schenectady, N.Y., from the Delaware & Hudson Railway Co.
The completion of the South Florida port’s Deep Dredge project paves way for PortMiami to handle mega-size container ships from Asia.
Former Bethlehem Steel plant property at Sparrows Point, Md., evolving into something new.
Lengthy environmental reviews and other approvals hinder large infrastructure projects improvements.
Northwest Seaport Alliance helps Seattle, Tacoma ports prioritize spending, grow cargo volume.
Rapidly growing 3PL giant plans to become a dominant motor carrier with the acquisition of Con-way.
The North American Chassis Pool Cooperative currently offers more than 8,500 chassis in three contributory gray pools: MCCP, COCP and SACP.
Norfolk Southern Corp. will modify its Triple Crown Services (TCS) subsidiary to focus on the transport of auto parts, while other business will shift to the railroad’s intermodal network.
The Japanese liner company signed a joint-venture agreement this week with Intermodal S.A. to establish NYK Auto Logistics Colombia S.A.S. at the Port of Cartagena, Colombia.
The truckload, intermodal and logistics services provider now offers intermodal shippers easier cross-border clearance and inspection services for certain commodities that originate in the United States or Canada destined for […]
Tiger Cool Express appoints two VPs and chief commercial officer, while former V.Ships CEO joins ShipServ board.
Year-over-year rates have fallen for the eight consecutive months in response to increased demand in the truckload sector, according to the latest Cass Intermodal Price Index.
Jim Newsome, CEO of the South Carolina Ports Authority, laid out an ambitious plan to grow container operations at Port of Charleston over the next five years as the Army […]
Shipment volumes and expenditures both saw a slight decrease compared with July figures, which is not typical for the month, according to the latest Cass Freight Index Report.
Ocean carriers CMA CGM of France and Hapag-Lloyd of Germany announced general rate increases.
Container throughput at the port is up 9 percent through the first eight months of 2015 and CMA CGM has begun offering to handle inland transport to Richmond. according to […]
Roadrunner appoints senior VP of sales, while Fleetgistics names new CEO.
With the latest in a series of blockbuster M&A deals in the logistics industry this year, XPO would become the second largest less-than-truckload provider in North America.
CEO of XPO Logistics Brad Jacobs told investors and media tight truck capacity helped prompt the company’s investment in an asset-based business.
The terminal operator reached an agreement with Perez y Cia to acquire its majority stake in Grup Maritim TCB and its 11 container terminals, expanding APMT’s terminal network to 74 […]