Maritime

Hamburg-based investment firm HCI Capital voted this week to change its name to Ernst Russ.

The e-commerce logistics provider opened its DHL eCommerce Shenzhen Distribution Center and will also expand its existing distribution centers in Shanghai and Hong Kong as part of its plans to […]

The Antwerp Port Authority has appointed a new CEO, while Virgin Atlantic Cargo picks VP of sales and Matson appoints a director.

The first commercial passage of a neopanamax containership through the new locks and third lane of the canal will occur on Sunday with the 9,472-TEU COSCO Shipping Panama.

The Federal Aviation Administration on Wednesday proposed two separate civil penalties against Amazon in the combined amount of $130,000 for alleged violations of federal hazardous materials regulations.

The Port of Longview in Washington state, which is seeking interested parties in taking over its Bridgeview Terminal, said it would prefer operators interested in handling import and export bulk […]

The cargo segment of American Airlines launched a daily non-stop service between Los Angeles and Auckland New Zealand using a Boeing 787.

Cargo volumes carried by U.S.-flag Great Lakes freighters slipped 12.5 percent year-over-year in May, largely due to sharp declines in iron ore and coal volumes.

The Seattle-Tacoma International Airport is ramping up to handle millions of pounds of fresh cherries for export during the next two months.

B&H Worldwide appoints VP for the Americas, while Saddle Creek Logistics Services names business development director.

South Korea’s second largest shipping line seems to be turning a corner in its debt restructuring of late, and has now set its sights on joining the leading vessel sharing […]

South Korea’s second largest shipping line seems to be turning a corner in its debt restructuring of late, and has now set its sights on joining the leading vessel sharing […]

The so-called “Brexit” vote, in which voters will decide whether the United Kingdom should remain a part of the European Union, could have wide ranging effects on the shipping industry, […]

The Memphis, Tenn.-based integrator posted a net income of $1.82 billion on revenues of $50.4 billion for the fiscal year 2016, which ended May 31, year-over-year increases of 73.3 percent […]

French trucking operator Jacky Perrenot will acquire the container transportation activities of CMA CGM subsidiary Greenmodal Transport, according to a report from Lloyd’s Loading List.

The two Class I railroads will spend $28 million to make improvements along a 320-mile rail line between Meridian, Miss. and Shreveport, La., with work scheduled to start next week.

The Calgary-based Class I railroad cited lower-than-anticipated bulk volumes, the devastating wildfires in northern Alberta and a strengthening Canadian dollar as the primary reasons for the downward revision in earnings […]

Year-over-year pricing dropped for the 17th consecutive month in May 2016, according to the latest Cass Intermodal Price Index, and analysts with Avondale Partners expect this trend to continue through […]

APM Terminals Inland Services, South Asia entered into an agreement with Volvo Cars to provide the automobile manufacturer with a warehouse facility in Chennai for fully-assembled automobiles imported from Sweden.

The seasonally adjusted For-Hire Truck Tonnage Index equaled 139 for the month, up 2.7 percent from April and 5.7 percent compared with May 2015, following declines in each of the […]

The Swiss food and beverage company will sell its limited edition Grand Cru Cafecito de Cuba, the first Cuban coffee to be brought into the United States in more than […]

The Memphis, Tenn.-based third-party logistics provider opened an office in Houston, allowing the company to re-enter a market that is expected to increase its imports and exports tonnage with the […]

Truckload pricing dipped another 1.2 percent in May 2016 compared to the same 2015 period following declines of 0.6 percent and 2.3 percent in March and April, respectively, according to […]

The logistics services provider’s contract logistics arm established a dedicated co-packing facility in the Jebel Ali Free Zone.

Radiant Logistics names chief operating officer of forwarding operations and chief commercial officer, while Agility appoints managing director of the Central Europe area.

The South Korean ocean carrier has continued to receive good support from its customers as it restructures its finances.

Shipment volumes in May 2016 grew 1.3 percent compared with the previous month, but expenditures slipped 0.4 percent, and both remained well below 2015 levels, according to the latest Cass […]

The South Korean government needs to do more to help its struggling shipping sector, Gerry Wang, founder and chief executive of containership lessor Seaspan, said in an interview with maritime […]

Swiss-based third-party logistics provider Kuehne + Nagel has divided its operations into two separate units and shuffled the company’s management structure in Europe.

The national postal carrier’s logistics subsidiary, General Logistics Systems, will pay a total of 71 million euros to acquire ASM Transporte Urgente, Spain’s second largest express parcel network.

While various airports in England experienced year-over-year cargo throughout increases in May, cargo throughput at the Frankfurt Airport in Germany fell 1.3 percent year-over-year.

Container cargo throughput at the Port of Singapore grew 1.6 percent to 2.67 million TEUs compared to May 2015, the first year-over-year growth in over a year.

The online freight exchange has been rebranded to become FreightorGator, offering a new way to compare rates, book and track shipments.

AirBridgeCargo Airlines carried 50,482 tons for the month and 238,154 tons in the first five months of 2016, both 31 percent increases compared with the same 2015 periods, thanks in […]

The international shipping association opened a new office in Singapore, which it will be sharing with staff from the Baltic Exchange and the Institute of Chartered Shipbrokers.

The agricultural export group, which has been a critic of the container weight regulation implementation process, praised South Carolina Ports Authority CEO Jim Newsome for suggesting the use of port […]

A U.S. District Court in San Francisco has dismissed all criminal charges against FedEx Corp. stemming from a Department of Justice investigation into its alleged shipment of illegal drugs, the […]

A ship worker died Saturday afternoon after losing his balance and falling 50 feet onto a ship, according to a report from local media outlet Click2Houston.com.

The Surface Transportation Board last week issued an Advanced Notice of Proposed Rulemaking outlining measures to expedite its handling of rate cases as part of the board’s implementation of the […]

Pacific Maritime Association President and CEO James McKenna said he expects to hear from International Longshore and Warehouse Union this summer on whether it wants to discuss the extension of […]

The parcel carrier has agreed to pay $240 million to settle lawsuits covering around 13,000 divers across 20 states who claimed they should have been treated as employees instead of […]

The Association of American Railroads and American Short Line and Regional Railroad Association spoke out against a proposed Federal Railroad Administration rule that would mandate two-person crews on all trains.

Great Lakes regional less-than-truckload carrier Moran Transportation Corp. purchased the assets of Eagan, Minn.-based Mats Trucking for an undisclosed sum back in April, but waited until rebranding was complete to […]

The CEO of Global Metallurgy pleaded guilty to one count of conspiring to violate the International Emergency Economic Powers Act in relation to the export of specialty metals from the […]

Starbucks names new executive VP for global supply chain, while DHL appoints senior leadership for its eCommerce division and Foss Maritime promotes new president.

Ocean carriers should “embrace the obvious solution” terminal operators can offer to ensure compliance with the International Maritime Organization’s new verified gross mass regulations, says Federal Maritime Commission Chairman Mario […]

Forwarders Nippon Express and Globaltransol, as well as forage shipper ACX Global, will submit verified gross mass data through CargoSmart’s platform to comply with upcoming International Maritime Organization regulations.

Jett McCandless, the chief executive officer of transportation consulting firm CarrierDirect, will be replaced by current Managing Director Peter Rentschler as he transitions to a full time position with data […]

A recent report authored by eight U.S. governors and two Canadian premiers sees untapped potential for moving container and roll-on/roll-off cargo in the Great Lakes and St. Lawrence Seaway.

The renaming of COSCO Pacific, the port terminal operator division of the former COSCO Group, to COSCO SHIPPING Ports Limited follows the company’s decision to rebrand its bulk shipping operations […]

The accumulation of high value cargo will increase as bigger ships gather for passage through the newly expanded Central American waterway, increasing insurance risk, according to a new report from […]

With cargo volumes near all-time peak levels, May 2016 still qualified as the second-busiest May in the Southern California port’s 105-year history.

The French ocean carrier has teamed up with PSA Singapore Terminals to operate four “mega” container berths at Pasir Panjang Terminal Phases 3 and 4 in Singapore, according to a […]

Choi Eun-young, a former chairwoman of struggling South Korean ocean carrier Hanjin Shipping, is not seen as a flight risk and has pledged to cooperate in the insider trading investigation, […]

The Japanese ocean carrier will acquire a 25 percent stake in EMAS Chiyoda Subsea, a construction firm specializing in offshore and subsea oil and gas facilities, from Singapore’s Ezra Holdings […]

The logistics unit of German airline Deutsche Lufthansa AG plans to eliminate 450 to 500 positions in Germany and another 250 to 300 abroad as part of a greater cost […]

Due to the deterioration of container freight rates and the subsequent drop in carrier financial results, analysts with Drewry Maritime Equity Research foresee a possible combination of Korean and Japanese […]

The Federal Aviation Administration has proposed a $350,000 civil penalty against Seattle-based e-commerce giant Amazon.com for allegedly violating federal hazardous materials transport regulations.

Third-party logistics provider Manitoulin Global Forwarding’s purchase of Vaughan, Ontario-based M.A.P. International Freight will enable the company to offer a full suite of international freight forwarding services.

As part of its ongoing expansion in North America, Mainfreight has recently added two new warehouses at Newark, N.J. and Dallas.

NOL board picks CEO and CFO and IAG Global names Asia-Pacific/India commercial manager, while Unishippers appoints new CFO and Kalmar selects senior VP for automation.

Despite the European Union and United States agreeing to ease economic sanctions placed on Iran in 2009, multinational companies must still ensure rigorous compliance with “secondary” U.S.-Iranian sanctions.

A combination of Hanjin Shipping and Hyundai Merchant Marine, the two largest ocean shipping companies in South Korea, could, at least for the time being, rank as the fifth largest […]

Union Pacific on Friday filed a report with the Federal Railroad Administration citing one or more broken bolts as the cause of the June 3 derailment of a crude oil […]

The U.S. Transportation Department on Friday approved six domestics airlines to begin scheduled flights between Miami, Fort Lauderdale, Chicago, Philadelphia, and Minneapolis/St. Paul and Cuba as early as this fall.

Guillermo A. Sanchez-Badia of Miami was sentenced late last week to 12 years in prison for his role in a scheme to defraud two commercial lenders and the U.S. Export-Import […]

Rampant overcapacity and the resulting price war between carriers in the container shipping market has caused substantial further reductions in contract rates for exporters and importers buying under contract.

The struggling South Korean ocean carrier recently removed vessels from two services between Asia and North Europe, according to data from ocean carrier schedule and capacity database BlueWater Reporting.

The MN Baroque, a neopanamax dry bulk carrier contracted by the Panama Canal Authority, transited the new Agua Clara locks yesterday as part of a testing and training program in […]

The U.S. Department of Labor’s Occupational Safety and Health Administration ordered NFI Interactive Logistics to reinstate the driver and pay $276,870 in damages for violating the anti-retaliation provisions of the […]

Whereas in the past when seat belts were only required for truck drivers, now drivers and carriers will be held accountable for passengers using seat belts as well, according to […]

Singapore-owned investment firm Temasek, along with its affiliates, tendered their shares of Neptune Orient Lines (NOL), boosting CMA CGM’s stake in NOL to 78.07 percent.

Trucking companies and independent operators have until December 2017 to begin using electronic logbooks, but the vast majority still haven’t made the switch, according to a recent user poll from […]

The West Coast port handled 83,969 TEUs of loaded containerized exports in May, the largest number of loaded export containers its handled since October 2014.

Ocean carrier Maersk Line’s subsidiary Seago Line will provide three vessels, while Arkas Line will deploy one vessel on the weekly loop, which is scheduled to commence next month.

AAGEX Freight Group President and CEO Mike Williams said the new company is inspired by his vision to advance a business model for logistics entrepreneurs to keep pace in a […]

However, U.S. pork exports in April saw year-over-year growth in the China/Hong Kong market, while beef increased to Mexico and other Western Hemisphere markets, U.S. Meat Export Federation President and […]

South Korean ocean carrier Hyundai Merchant Marine signed a charter rate negotiation agreement with five containership owners for a charter rate reduction of about 20 percent.

Rep. Gary Palmer, R-Ala., was unsuccessful in persuading the House Rules Committee in getting his proposed amendment to exempt Puerto Rico from the Jones Act included into the Puerto Rico […]

The $0.40 dividend announced by the FedEx Corp. board of directors could be a signal of the company’s transition from a growth stock to a yield stock, according to a […]

Although one might expect bad service to be the primary reason for switching suppliers, this is not the case in the container shipping industry, Xeneta CEO Patrik Berglund explained.

Recently purchased APL parent Neptune Orient Lines couldn’t cut costs fast enough to compete in an increasingly commoditized market, chief executive Ng Yat Chung said in a surprisingly candid interview […]

The Jones Act requires waterborne cargo between two points in the United States to be transported on vessels that are American built, owned and crewed.

The Dubai-based port terminal operator has been granted a 50-year concession for the development of a new multi-purpose port facility in Posorja, Ecuador, 65 kilometers from Guayaquil.

The CSAV executive, Mauricio Javier Garrido Garcia (Garrido), is accused of participating in the conspiracy from as early as 2000 until at least September 2012.

The San Rafael, Calif.-based global logistics and transportation services provider will begin processing vehicles in Baltimore next month.

The ocean carrier alliance will suspend its Central China 1 loop for six weeks, which is dedicated to the transpacific trade, while the Central China 2 loop will add calls […]

Choi Eun-young, former head of South Korean ocean carrier Hanjin Shipping, was summoned by prosecutors Wednesday over suspicions of insider trading.

The newly merged China COSCO Shipping Co. officially launched COSCO Shipping Energy Transportation Co. earlier this week and appointed Sun Jiakang to lead the bulk segment of China’s largest shipping […]

Shanghai Yigian Trading Company has acquired an 82.5 percent share in the struggling airport from German federal state Rhineland-Palatinate for an undisclosed sum, according to a statement from the state […]

Ports covered by the Global Port Tracker report handled 1.44 million TEUs in April, up 9.1 percent from March but down 4.6 percent from April 2015, according to the National […]

Shipments from U.S. ports fell 8 percent year-over-year to 5.5 million tons in May, while loadings from Canadian ports tumbled 20 percent year-over-year to 556,000 tons.

The Cleveland, Ohio-based logistics solutions provider expanded its nationwide warehouse network with the opening of a 100,000-square-foot warehouse near the Port of Savannah.

The Suez Canal Authority has begun granting a 65 percent discount on tolls for all containerships sailing from East Coast North America ports south of Norfolk to Asian ports and […]

The plantiffs claimed the U.S. Coast Guard violated the Administrative Procedures Act in its rule-making procedure in developing the pilotage rates, which have jumped about 114 percent over the past […]

Claude Mongeau, president and chief executive officer of Canadian National Railway, will be succeeded in his role by current Chief Financial Officer Luc Jobin after having surgery to remove a […]

The National Transportation Safety Board will attempt to retrieve the El Faro’s voyage data recorder in July, which is located in about 15,000 feet of water near the Bahamas.

The Port of Oakland’s largest marine terminal will continue night operations even after a port subsidy expires this month, but will assess a $30 flat-fee on all loaded import and […]

The container and railcar leasing company has acquired Hybrid Logistics, Inc. and its General Transportation Services, Inc affiliate, which are asset-light truck brokers with a focus on flatbed truck and […]

San Francisco, Calif.-based private equity investment firm Thoma Bravo said its purchase of the global supply chain solutions provider will allow Elemica to expand its client offerings by focusing its […]