Heavy ice on the Great Lakes slowed some vessels and delayed others in April, causing iron ore shipments to drop 15% below average for the month.
Saddle Creek Logistics Services appoints director of business development, while Purolator International names eastern district sales manager.
The containership was released early Thursday morning after Maersk provided a letter of understanding related to the underlying cargo case.
Crew on Maersk Tigris remains safe and are in good spirits, according to the Danish ocean carrier.
Grand Alliance chassis pool will be terminated and Direct ChassisLink will contribute those assets to its expanded pool.
The joint project is, in part, a response to China’s investment in Pakistan.
The Commerce Department on Tuesday reported U.S. exports of goods and services increased by $1.6 billion, or 0.9 percent, in March.
Malaysian ship owner saw operating profits fall 7.2% despite an 8.7% increase in group revenues.
The less-than-truckload holding company had $3.7 million in consolidated operating income during first quarter 2015, compared to a $32.4 million loss the previous year.
Growth in domestic container movements offset declines in trailer and ISO container volumes, according to the Intermodal Association of North America.
Transport America replaces retiring president, while CEVA Logistics selects COO of Global Air and Ocean Freight.
Agriculture Transportation Coalition urged Senate to press the FMC into taking action during a hearing Wednesday morning.
Announced on the heels of a port driver labor strike, Eco Flow will use “free-flow” to move containers out of terminals to off-dock yards.
Such an alliance could have a “competitive edge,” according to industry consultant Drewry.
Oil executive quoted as saying ship will be sold unless $10 million paid.
New Jersey Governor said he was “not unsympathetic to the merits of the bill,” but it was premature to consider withdrawal without a similar proposal in New York.
The ocean carrier benefited from better recovery of fuel costs and higher volumes in first quarter 2015.
The third-party logistics provider had revenues of $1.78 billion in first quarter 2015.
The ocean carrier expects to close on its acquisition of Horizon Line’s Alaska business in second quarter.
The carrier’s new Turkey Israel Express Service will connect the ports of Damietta and Port Said in Egypt with Mersin, Turkey and Haifa, Israel.
The stevedoring and ocean freight company’s new vessel Marjorie C can carry both containers and roll-on/roll-off cargo.
The truckload freight and logistics provider had net profits of $21.8 million in first quarter 2015.
Industry icon Joe Brunson founded the Winnsboro, Texas-based freight forwarder Team Worldwide in 1979.
The railroad will invest $4.2 billion across its network this year for track maintenance, signal systems and road and bridge repairs.
International Association of Ports and Harbors elects Americas region VP, while GAC appoints executive group vice president of Oil and Gas.
Ocean carrier Maersk Line says it has not yet received court judgment pertaining to the arrest of the containership by Iranian authorities.
The proposal, which modifies the pricing structure for dry bulkers, LNG and LPG vessels, will be implemented along with a customer loyalty program.
Suez Canal emergency response boats help put out the fire on a 13,102-TEU Hanjin vessel.
The airfreight carrier reported net profits of $3 million for the year on revenues of $2.1 billion in its yearly financial statements.
UPS appoints new global sustainability director, while Port of Prince Rupert adds board member.
U.S. Naval Forces Central Command has begun accompanying U.S.-flagged maritime traffic in the Strait of Hormuz.
Acquiring the Norwegian bulk liquid transport and logistics service provider will allow HOYER to expand its petroleum solutions business in Northern Europe.
Most ships should proceed to berth immediately or within a few days, according to the Marine Exchange of Southern California.
Ocean carrier China Shipping reported a nearly 306% year-over-year increase in net profits during first quarter 2015.
The railway reported net income of $310 million on total operating revenues of $2.6 billion in first quarter 2015.
CEO Steve Gunning said IAG will continue to explore asset light transportation solutions in 2015.
American Airlines Cargo will introduce services to Edinburg and Glasgow, Scotland, and Shannon, Ireland, in early May.
The third party logistics provider has started construction on a new 166,000 square-meter DC complex in Truganina, west of Melbourne.
The LTL carrier said the 64 new liquefied natural gas tractors will join its operation in Harrisburg, Pa.
Antwerp-based foodcareplus will provide a refrigerated less-than-containerload consolidation service for seafood products from Canada to Europe.
The railroad’s investment in the state will cover track maintenance, signal systems and road and bridge repairs.
Most businesses report minimal impact, despite claims from driver groups that the strike is causing “massive disruptions.”
Department of Transportation Secretary Anthony Foxx gave Marine Highway designation to projects on the Mississippi River, New York Harbor, and the Potomac River.
Container throughput at the port was up 2.3% year-over-year for first quarter 2015.
The port terminal operator reported 10.5% growth in operating profits despite an 8.3% dip in revenues for first quarter 2015.
The trucking company increased earnings per share 25% year-over-year, but still fell short of analyst estimates, according to investment advisor Stifel.
The South Korean government plans to add 15 berths to its Busan New Port to increase its container capacity by 15.8 million TEUs.
Nearly 1,000 new VW Jettas, Beetles and Golfs arrived at the port Wednesday.
The 3PL’s facility, located five minutes from the Portland International Airport, now includes a total of 154,675 square feet of space and 51 dock doors.
The new facility, which includes room for an additional 120 pallet spaces, will cater to increasing volumes of pharmaceutical and biotech shipments.
Ocean carriers NYK and “K” Line reported improved financial results, while MOL’s loss widened.
Roadrunner, Matchback Systems and Great Lakes Towing make executive and director-level appointments.
Maersk Line said the containership was fired upon and seized because of a dispute over 10 containers transported a decade ago.
Report from bond rating agency Moody’s predicts “minimal impact” to U.S. East Coast volumes when the expanded waterway opens next year.
Freight forwarding and logistics subsidiary CMA CGM LOG plans to expand into a dozen countries this year.
The third-party logistics provider had a net income of $106.48 million on revenues of $3.3 billion in first quarter 2015.
The French port increased total throughput 6.9% year-over-year in the first quarter, driven by strong growth in container and crude cargoes.
Vacancy at cargo facilities in proximity to the nation’s leading airports is low, driving up rents for those who use the space, according to a report from market analyst JLL.
The Port of Long Beach has completed the final environmental impact report for the Mitsubishi Cement facility modification project.
Number of ships at anchor has dropped from 28 on March 14 to one or none.
Rickmers, which manages the ship for Maersk said Iranian navy fired “warning shots” at Marshall Islands-flagged Maersk Tigris.
Los Angeles Mayor Eric Garcetti’s office says there are “plenty of trucks and drivers.”
More needs to be done about these “unfair and unreasonable” fees, according to a joint letter from 94 industry organizations.
The parcel giant reported improved profitability across all business units in the first quarter 2015, thanks primarily to new pricing initiatives, revenue management and strong growth in international volumes.
ILWU is planning a rally and march against police violence during its regular stop-work meeting.
BNSF Logistics said it will integrate the specialized road equipment for towers with its wind turbine blade transport service, dubbed “Blade Runner.”
The port benefited in March from shippers avoiding congestion at West Coast ports.
The Israeli ocean carrier has not made any definitive decisions, however, as it is still considering the potential impacts of the Panama Canal expansion.
The express parcel carrier has had success with similar helicopter services in New York and Los Angeles, providing early morning delivery services to the areas’ financial and legal firms.
Rates were lower in March 2015 than the previous year despite increasing slightly from February, according to the latest Cass Intermodal Price Index.
The Mississagi ran aground Saturday morning at Big Trout Island on the U.S. side of the St Marys River.
Global operator of Boeing 747 freighters Cargolux Airlines said it will temporarily ban the transport of lithium ion battery shipments, starting May 1.
The joint-venture company formed by the Public Investment Fund of Saudi Arabia and PSA International handled its first commercial containership last week.
UPS, AmeriQuest, AAPA, CEVA and Swissport make executive and director-level appointments.
The Netherlands-based express carrier said it expects 2015 to be a “challenging year of transition” after reaching a tentative $4.2 billion purchase agreement with FedEx.
Recent growth of the Barcelona-based online freight forwarder has been propelled by $1.4 million in Series B funding.
Rates are at an all-time high thanks to increasing demand and “extraordinarily tight” capacity, according to the Cass Truckload Linehaul Index.
American Waterways Operators elects new chairman, while Deutsche Post DHL Group shuffles Global Forwarding officers in wake of resignation.
The truck drivers are targeting four companies for now, but may expand the strike, according to Teamsters spokeswoman Barb Maynard.
A strike could come as soon as Monday, according to a statement from Teamster affiliate Justice for Port Truck Drivers.
Carriers should not be allowed to profit from congestion for which they are at least partially responsible, says agriculture group.
Lawyers still need to be consulted, but the model has valuable input from expert shippers, says NIT League.
Rates are falling on major trade routes to Europe, U.S., according to the latest figures from the Shanghai Shipping Exchange.
The company made a deal with a German bank to acquire 14 vessels, including seven containerships, and took delivery of a 13,100-TEU ship.
The railway increased net income 8.3% to $1.2 billion compared to the first quarter 2014, according to Union Pacific’s latest financial statements.
The Texas Coalition for Transportation Productivity has thrown its support behind state legislation to increase weight limits for trucks transporting ocean containers.
Volga-Dnepr Airlines, operator of the super-large cargo freighters, said it’s trying out a new coating on one its planes.
ClassNK establishes Global Research and Innovation Center in Singapore, Delhi Airport and Schiphol Airport sign MoU to promote cargo trade, and ContainerPort Group opens new terminal in Atlanta.
Swissport, Scoular Co., Saddle Creek, Purolator, and CPG announce executive and director appointments.
Pasha says it is planning “significant upgrades to the Horizon fleet.”
Product is aimed at small and medium sized shippers.
The 10th largest container carrier warns that 2015 will likely see capacity outpace demand for shipping.
E&WD will increase the Corps’ Civil Works fiscal 2016 budget to $5.597 billion, adding $864.75 million to the Obama administration’s request.
Indictment alleges the former shipping line employee authorized payment of phony invoices.
The logistics provider saw shipments grow 4.4% in 2014, according to the company’s yearly financial statement.
The car drop delivery service, developed jointly by DHL Parcel, Amazon and Audi, is the first of its kind in Germany.
The European Commission has proposed amending its approvals process for imported commodities with biotechnology traits.
BMW Group breaks ground on new facility in Texas, CEVA and BP Zhuhai expand relationship, Worldwide Flight Services wins North American contracts, and IAG Cargo opens climate-controlled stations in Latin […]
Sunset Transportation names new president, and CSX appoints VP of state government affairs in Northeast.
German ocean carrier had suspended calls to the port due to West Coast congestion during ILWU-PMA labor contract negotiations.
