Maritime

The board of directors of FedEx Corp. declared a quarterly dividend payable April 1 to shareholders of common stock.

   The AS Daily news report “Port of Houston sets container handling record in 2015” yesterday incorrectly stated Port of Houston handled just over 2 million TEUs in 2014. Houston […]

The South Korean ocean shipping conglomerate is also seeking relief from financial creditors by selling off various assets and stock, as well as issuing $24.4 million in new shares being […]

Maersk Line said in a recent statement it would work with Indian authorities to help improve facilities in Alang, but Patrizia Heidegger, executive director of the NGO Shipbreaking Platform, says […]

Chief Financial Officer of the Jacksonville, Fla.-based railway Frank Lonegro told the Barclays Industrial Select Conference in Miami the company expects a further 20 percent decline in coal volumes in […]

An unnamed third party has filed an appeal with the Conselho Administrativo de Defesa Econômica regarding the regulatory body’s approval of a tie-up between FedEx Corp. and TNT Express, according […]

The SEAS1/ASE1 loop, which is currently operated by ocean carriers CMA CGM, Hapag-Lloyd, Hamburg Sud and NYK, is switching from a weekly frequency to fortnightly.

White House officials and ministers from the 10 Association of Southeast Asian Nations met in California this week with the goal to expand economic ties between the United States and […]

A total of 1,970 cargo thefts were reported in Europe, the Middle East and Africa throughout 2015, 669 in the fourth quarter alone, year-over-year increases of 46 percent and 152 […]

The inland river port experienced a 23.8 percent month-over-month drop in barge tonnage to 112,594 tons in January.

Non-vessel operating common carrier Troy Container Line now provides less-than-container-load and full-container-load import and export consolidation services to all of Germany.

The third-party logistics provider’s new Las Vegas office opened Monday with an initial team of 20 employees.

INTTRA appoints new president and COO, while the Chicago South Shore & South Bend Railroad names president and TIACA adds a board member.

The Chinese firm is now largest shipping company in the world and controls the fourth largest container fleet after Maersk Line, Mediterranean Shipping Co. and CMA CGM.

Calgary-based Canadian Pacific railway last week launched a new website compiling details of and arguments for its proposed acquisition of number four U.S. railroad Norfolk Southern Corp.

CMA CGM plans to bring the merged COSCO-CSCL into a new vessel sharing alliance on the major east-west trades that would rival the 2M Alliance of Maersk Line and Mediterranean […]

The United States Coast Guard Marine Board of Investigation yesterday held the first day of hearings into the sinking of the TOTE Maritime Puerto Rico general cargo ship.

The analysis focused on the ports of Los Angeles, Long Beach, New York-New Jersey and Savannah to gather information on vessel arrival delays, berth times and the size and number […]

The port handled 192,844 TEUs for the month, a 0.4 percent increase from January 2015, with truck volumes and ship calls up 1.2 percent and 1.8 percent year-over-year, respectively.

The United States and Cuba entered an agreement on Tuesday to reestablish scheduled air cargo and passenger services between the two countries.

A total of 754 cargo thefts were reported in the United States during 2015, with an average loss value per incident of $184,101, year-over-year declines of 6 percent and 21 […]

The less-than-truckload carrier expanded operations into additional states and added a liftgate service for pickups and deliveries.

The third-party logistics provider will handle logistics services for Corning Incorporated’s customers out of a new distribution center in Yangshan, Shanghai.

The Netherlands-based parcel carrier posted an operating income of 57 million euros on revenues of 1.9 billion euros for the fourth quarter of 2015.

Longtime airline veteran Alexander Arafa has been appointed head of global area management at Swiss WorldCargo.

Shipping and logistics services provider UPS upgraded its Flex Global View, a supply chain tool for freight forwarding customers.

Coal tonnage at the Great Lakes port fell more than 80 percent in 2015, compared to the prior year, which resulted from the Valley Power plant’s switch from coal to […]

The Russian cargo airline has started a twice-weekly freighter service to Africa with touchdowns in Libreville, Johannesburg and Niarobi.

The global container terminal operator has introduced an “Online Import Delivery Process” for its customers in the Port of Mumbai.

GENCO, a third party logistics services subsidiary of FedEx, plans to relocate its headquarters from the current Pittsburgh location at Papercraft Park to Cranberry, Pa.

Carriers agree to detail charges in general rate increase announcements to meet European Commission concerns.

With the successful completion of testing of reinforcements to sill number 3 of the Cocolí locks, the expansion project is now 96 percent complete and moving toward a Q2 opening, […]

Shipment volumes and expenditures both continued their decline in January, falling 1.3 percent and 1.9 percent, respectively, from December 2015, according to the latest Cass Freight Index Report.

The purpose of the Marine Board of Investigation hearing, which begins tomorrow Feb. 16 in Jacksonville, Fla., will be to determine the cause of the incident and create safety recommendations […]

The 14,000-TEU APL Vanda is the latest large containership to run aground, this time in the same location as the car carrier Hoegh Osaka ran aground last January.

The investment proposed by Gov. Raimondo would add an additional 50 years to Pier 2’s life, preserve hundreds of jobs in the maritime sector and keep Rhode Island competitive with […]

Ocean carriers Yang Ming and RCL will commence a new service between Southeast Asia, China and Hong Kong with the Feb. 28 sailing of the Methi Bhum from Singapore, according […]

The port has plans to dredge the harbor channels and the berths at Conley Container Terminal to accommodate larger containerships.

Ocean carriers Maersk Line and CMA CGM issued general rate increases.

Ocean carriers Maersk Line and CMA CGM announced general rate increases.

Ocean carriers Maersk Line and CMA CGM announced general rate increases.

Ocean carriers Maersk line of Denmark and CMA CGM of France issued general rate increases.

Lines are avoiding the Panama and Suez Canals on some backhauls from Europe and the U.S. East Coast despite having to speed up vessels in order to maintain transit times, […]

The key objective of the two-week National Transportation Safety Board mission in April will be to locate the voyage data recorder or “black box” dislodged from the TOTE Maritime general […]

The $1.5 million program at the Port of Oakland will provide an incentive to terminals to stay open longer as they handle business relocated from Outer Harbor Terminal.

Parcel giant UPS has joined the chorus of voices opposing a tie-up between Canadian Pacific and Norfolk Southern, sending a letter to the U.S. Surface Transportation Board that says a […]

Terminals at the Port of Los Angeles “continue to demonstrate progress in moving larger container volumes per ship call,” according to Executive Director Gene Seroka.

Hanjin, Yang Ming, Sinotrans and TS Lines will join an existing service between Asia and Oceania following the termination of the joint Hanjin, Yang Ming and TS Lines CKA loop […]

Airfreight volumes at Brussels Airport and Frankfurt Airport in January declined year-over-year, while throughput at London Heathrow Airport and London Stansted Airport increased.

The new freight hub will complement Ports of Auckland’s existing facilities in Wiri, South Auckland; Longburn, Manawatu; and Mount Maunganui, a town situated along the Bay of Plenty.

The Atlanta, Ga.-based shipping and logistics provider opened a new 8,000-square-meter package sorting center and a distribution hub in Lyon-Jonage, France yesterday.

The industrial real estate development and management firm acquired warehousing space in Savannah, Ga. and Suffolk, Va., bringing its total U.S. East Coast portfolio to 9.4 million square feet.

The United States Coast Guard is scheduled to meet with the Federal Maritime Commission on Feb. 18 to hear shipper concerns about the new verified gross mass requirement enacted by […]

The key objective of the two-week National Transportation Safety Board mission in April will be to locate the voyage data recorder or “black box” dislodged from the TOTE Maritime general […]

The United States Coast Guard is scheduled to meet with the Federal Maritime Commission on Feb. 18 to hear shipper concerns about the new verified gross mass requirement enacted by […]

The port handled 35 percent more cargo in January than in the same 2014 period and said that, in addition to restoring regular service following congestion issues last year, restocking […]

The Danish global transport and logistics provider saw adjusted earnings jump 20.5 percent year-over-year in 2015 to 2.2 billion Danish krone.

The company’s board elected current CEO David Abney to succeed the retiring Scott Davis as chairman and appointed William Johnson to the newly created position of lead independent director.

The container terminal operator posted a cargo throughout of 61.7 million TEUs at its container terminals in 2015, a 2.4 percent increase from 2014 on a like-for-like basis.

Carload traffic dropped 16.6 percent in January, but intermodal traffic grew 3.4 percent compared with January 2015, according to data from the Association of American Railroads.

The newly awarded patent outlines an “autonomous delivery platform” equipped with a compartmentalized “package securing subsystem” similar to lockers that the package recipient would open via keypad or using a […]

The short line and regional freight railroad owner and operator Genesee & Wyoming saw net income fall 13.7 percent year-over-year in 2015 to $225 million.

The Canadian port’s enhanced container web-tracking tool allows shippers to track the status of their containers as they moves throughout the supply chain.

Nearly 10,000 counterfeit products, including medical equipment, automotive parts, luxury jewelry and electronics, were seized at the Luis Muñoz Marín International Airport in San Juan, Puerto Rico.

The cargo segment of American Airlines released its new redesigned tracking functionalities on its website, which will improve shipment visibility for customers, the airline said.

A new position paper from the Agriculture Transport Coalition lays out options such as delaying enforcement of the SOLAS verified gross mass requirement or allowing weight variance, and requests a […]

Rather than pursue a potentially damaging proxy fight to install new leadership, Canadian Pacific is asking NS shareholders to urge the company’s board to “engage in good faith discussions with […]

Container carriers have offered to publish binding actual rates a month before they go into effect, according to a recent report from Reuters news service.

Ports covered by the Global Port Tracker report are expected to handle 8.8 million TEUs throughout the first half of 2016, a 4.5 percent increase from the corresponding period in […]

Although activity slowed slightly in the fourth quarter, total deal value for mergers and acquisitions in the transportation and logistics sector spiked 206 percent from the same 2014 period, according […]

German ocean carrier Hapag-Lloyd has purchased two wide beam ships from NileDutch, and will charter two sister ships for use in South America as well as four wide ships for […]

In container volumes alone, the German port experienced a 9.3 percent year-over-year decline to 8.8 million TEUs, which primarily resulted from lower volumes handled to and from China, Russia and […]

Carl Kemp is returning to Long Beach, Calif. as vice president of the Pacific Merchant Shipping Association after a stint as senior advisor for legislative and public affairs at the […]

In 2016, the Swedish port’s most significant investments are geared towards its new terminal, the Port of Gothenburg Logistics Park, a new truck entrance at the port and new terminal […]

Third-party logistics services provider Roadrunner Transportation Systems has expanded its less-than-truckload presence in Texas with new offices in Dallas and Houston, and has taken over another facility in Memphis, Tenn.

The Offshore Terminal Bremerhaven should be handed over to BLG Logistics at the end of 2018 or beginning of 2019, according to bremenports Managing Director Robert Howe.

Aljex Software names VP of business development, while Rico Logistics appoints e-commerce logistics director.

The Danish shipping conglomerate saw its earnings drop over 82 percent from the previous year thanks to what it called a “perfect storm” of falling container freight rates and low […]

A new position paper from the Agriculture Transport Coalition lays out options such as delaying enforcement of the SOLAS verified gross mass requirement or allowing weight variance, and requests a […]

The Northern California port says cargo business from Outer Harbor Terminal LLC, a joint venture between Ports America and TIL, will be transferred to other terminals and night and weekend […]

After rejecting final bids from three trucking companies, XPO Logistics Inc. has decided to keep the full truckload shipping arm of Con-way Inc., according to a report in the Wall […]

According to BlueWater Reporting’s Skipped Sailings Report, 191,069 TEUs of capacity are scheduled to be withdrawn on between China and North Europe from Feb. 7 to Feb. 20, 2016, a […]

President Obama has signed into law the 2015 Coast Guard Authorization Act, which allows the Coast Guard to consider the future acquisition of a polar icebreaker and maintains current funding […]

A $50 million settlement subject to court approval has been proposed between Air China and plaintiffs in an ongoing antitrust lawsuit alleging previously widespread air cargo carrier collusion on services […]

Transportation and logistics companies cut 20,300 jobs during the month, led by a sharp decline in courier positions, according to recent preliminary data from the United States Department of Labor.

The massive China Shipping containership was freed after being stuck on a sandbar for nearly a week in the River Elbe leading to the Port of Hamburg.

The recession in Canada and a strong U.S. dollar, which makes American steel much more expensive abroad, hindered U.S. steel exports in 2015.

Inland Port V, a 654,656-square-foot building at Logistics Park Kansas City, is expected to be completed in June 2016.

The United States exported a total of $5.58 billion of pork and $6.3 billion of beef in 2015, year-over-year decreases of 16.5 percent and 11.7 percent, respectively.

The Overland, Kan.-based third-party logistics provider opened a Global Logistics facility in Kansas City that specializes in import and export services in addition to supporting transportation services, purchase-order management and […]

World Trade Center Miami appoints 2016 chairman, while CEVA Logistics names head of its Balkan, Mideast and African region.

Volumes were up 10.4 percent from 2014, but on 7.4 percent fewer ships calling at the port, indicating that much of the cargo is arriving on larger ships, according to […]

The German ocean carrier’s “Watchdog” software flagged more shipments both because of an increase in business and stricter regulations following the explosions in Port Tianjin last year.

The 25-member crew of the Safmarine Kuramo are reported to be safe after the vessel was boarded by armed hijackers off the coast of Nigeria Friday night.

MOL will terminate its current CSW loop, while MSC and Maersk Line’s jointly operated Ipanema Service/ASAS3 will see MOL upgrade from a slot purchaser to a vessel provider and add […]

Lyttelton Port of Christchurch, situated in eastern New Zealand, officially opened its new Cashin Quay 2 wharf last week, effectively doubling container vessel berthing capacity.

The China Shipping ultra-large containership has been stuck in the channel leading to and from the Port of Hamburg for nearly a week now.

The Commerce Department reported on Friday that U.S. exports of goods and services for December slipped 4.8 percent from the previous month to $2.23 trillion.

The U.S. Federal Maritime Commission has received 29 ocean transportation intermediary license applications and changes for review.

The U.S. Federal Maritime Commission has received 29 ocean transportation intermediary license applications and changes for review.