Hyundai Merchant Marine, South Korea’s largest container carrier, said it had a smaller loss in the second quarter this year than in the same period in 2018.
Can listed shipping shares break out of their slump before the U.S.-China trade dispute is resolved?
Major U.S. drayage carrier sees Southeast ports as areas of growth in freight.
The announcements confirming Canada’s planned investments in rail infrastructure come as the country prepares for a federal election in October.
Multi-modal data and channel checks with freight brokers point to a good setup for peak season.
Yang Ming had an operating profit in the second quarter but notes U.S.-China trade conflict has weakened demand for container transportation.
Amazon nears U.S. release for Prime Air drone deliveries.
In Texas, several major and regional airports posted large increases in air cargo trade for the first six months of 2019. Amarillo International Airport’s trade with the world rose a […]
But Japan’s biggest shipping line looks to restart Long Beach service after summer hiatus.
Manila, Philippines-based international container terminal operator, ICTSI (PSE: ICT) has reported a massive increase in profit and a substantial increase in revenues for the first half of 2019.
Japanese gas explorer, prospector and transporter INPEX (JPX: 1605), which is listed on the Tokyo Stock Exchange, announced a solid upswing in revenues, operating income and net income.
A container fire aboard the APL LeHavre comes as many liner companies are cracking down on misdeclared cargo.
Third-party logistics provider aims to grow presence in its West Coast markets.
Shifting rules at marine terminals pose challenge to drayage.
Learn about the six most common reasons cargo gets delayed during the customs process.
Barbara Spector Yeninas had the moxie to launch a business serving the male-dominated maritime industry 45 years ago. That determination has kept her going for more than four decades, although these days she’s wearing sneakers instead of stilettos.
Continued cancellations could have a marked impact on air cargo.
Canadian government to invest C$18.5 million for logistics system, bridge, signs and “intelligent” communications to boost flow of trucks as part of a broader effort to improve trade infrastructure.
Third busiest U.S. port prods carriers and owner-operators to use low- and zero-emissions trucks.
CSX and Canadian National’s partnership to create new intermodal service between Montreal and Toronto and the greater New York City area is a strategy to expand each other’s geographical reach and compete with the long-haul trucking market.
Shipping and packages remained lone financial bright spot in latest quarter.
Chinese tariffs are impacting American agriculture. But declines in exports to other countries are also hurting American agriculture.
Many of north-east Asia’s mega ports are directly in the path of two super-typhoons. The first is about to blow in from the Pacific and will make landfall within the next few hours.
China’s ports are the most connected ports in the whole world, mega-study reveals. Ports elsewhere in Asia flesh out the top twenty. U.S. ports don’t make an appearance until way down the list.
Refinery repairs and OPEC wreak havoc on rates, but there is always the next quarter.
Promises package deliveries up to 5 lbs. within 30 minutes.
Dry-bulk shipping firm pushes up dry docking to fit in with scrubber installations.
Gebrüder Weiss announced Aug. 8 that Heinz Senger-Weiss, managing director of the Air & Sea division, is resigning at the end of the year “for personal reasons” and that it […]
Matson, the largest U.S. domestic container carrier, said it is lowering its operating income projection for 2019, citing lower container volumes to Hawaii.
In partnership with Slync… learn about how predictive exception management can keep freight flowing smoothly.
A supply-demand imbalance and oceanic low-sulfur fuel regulations are making air freight more attractive relative to ocean freight. Or, at least, that is what air carriers hope.
New CEO at Los Angeles container terminal treats trucking as a customer
Southern California drayage and logistics firm looks to add to customer base with deal.
Agency will not comment on new publication date until review is finalized.
Seaspan says high demand for containerships has shielded it from the U.S.-China trade war.
FMC Commissioner Rebecca Dye is scheduled to deliver her demurrage and detention recommendations to her fellow commissioners on Sept. 3.
FreightBro is a digital enabler that helps digitalize and automate several manual operations within the shipping industry, tailored to suit small- and mid-tier freight forwarders.
Hapag-Lloyd says it outlook for the second half of 2019 is unchanged even if it has to deal with more trade restrictions.
Chinese port throughput volumes (all cargoes) for the first half of 2019 are up 7.3 percent compared to the first half of last year, according to the latest official Chinese data. First half 2019 foreign cargo volumes through China rose 2.5 percent compared to the prior corresponding period. And box throughput rose 5.1 percent. Read on to find out more!
Deutsche Post DHL posts single-digit revenue, profit gains, lifts low end of full-year earnings view
U.S. Customs and Border Protection marks the 230th anniversary of the first customs processing of a ship in the new United States.
North Asia revenues were down 8.5 percent, but EXPD improved productivity.
Jim Blaze writes about the recent history of intermodal rail service and what may happen in the next few years.
CARB is making $40 million available in the form of vouchers to reduce emissions. Eligible equipment includes everything from rubber-tired gantry cranes, to airport cargo loaders to truck and trailer refrigeration units.
Top 10 intermodal company in the U.S. looks to broker to for drayage supply.
Escalations in trade tensions between the U.S. and China could discourage containership owners from ordering new ships.
Information and data request to be used to inform future research.
Drewry says it expects a brief spike in transpacific freight rates to the U.S. West Coast following President Trumps threat to impose a new round of tariffs on imports from China.
The Port Report focuses on another vessel being seized in the Strait of Hormuz.
There are reasons to expect a healthy pop in outbound Los Angeles spot rates.
A pair of enormous crates carrying parts of a South Korea-bound drilling ship will be transported along highways through the Houston area over the next four days. According to Ronnie […]
Goods like clothes and toys are on the proposed tariff list.
Ports are asking that Chinese-made container cranes be excluded from the list of products on which President Trump has threatened a 10 tariff.
The deal reached in Washington on Friday will allow the U.S. to nearly triple its beef exports to Europe.
The U.S.-China trade war has dropped trade volumes between the two countries to date in 2019. One result – Mexico is now the #1 trade partner of the U.S.
Automotive carrier Kawasaki Kisen Kaisha (K-Line) has been convicted of being in a criminal cartel and has been fined nearly US$23.4 million in Australia.
As with product tanker rates, crude tanker rates show no sign yet of upside from IMO 2020 preparations.
The Energizing American Shipbuilding Act seeks to revive domestic shipbuilding and maritime industries.
The new tariffs, announced a day after the Fed cut rates, will affect mostly consumer goods.
Morgan Stanley, Susquehanna, and Deutsche Bank cut their price targets; Stifel maintained.
Japans K-Line shipping company reported its fiscal first quarter earnings.
Japanese shipping company NYK;s fiscal first quarter earnings are covered in this article.
An overview of Japanese shipping company MOLs fiscal first quarter earnings is covered in this article.
Ocean Network Express (ONE) expects slightly better profit this year than previously forecast as costs drop one year into its full operation. But overall demand remains tepid as it lowered […]
IMO 2020-driven refining activity and tanker demand appears to be materializing slower than previously expected.
GSC handles 12 percent of import containers in Oakland, but its leadership is concerned about plans to build a baseball stadium on port property,
Jim Wilson reports on Hong Kong-listed dry bulk ocean shipping company Pacific Basin’s earnings.
Ceva Logistics posts weak first-half results, pressured by economic weakness, subpar airfreight volumes and loss of big ocean contract
Jens Bjørn Andersen, chief executive officer, said the company was “very pleased with the strong results for the second quarter of 2019. Global transport markets are soft – especially within air freight, but DSV has managed to outgrow the market while still delivering market leading profitability.”
Eternity México recently launched ELIS, a new cloud-based platform to track international freight shipments in real-time between major markets from Asia to Latin America. ELIS (Eternity Logistics Intelligent System) was […]
The Port of Savannah saw container volumes drop from year-earlier levels as the outlook for international trade remains weak. But the fourth largest U.S. port is still seeing some of […]
Innocent third parties who get caught up in Australia with illegal drug logistics, such as employers and transport operators, do not appear to fear the threat of having their property seized by the authorities.
Shippers Transport Express, an affiliate of the stevedoring firm SSA Marine, has obtained a long-term lease on land it uses as a dray-off yard in the Port of Oakland.
CHRW grew net income by 6.3% but increasing earnings per share by 8% with buybacks.
Shipowner organizations are expressing concern about proposed modification of tolls at the Panama Canal on Jan. 1 and are asking for it be postponed until June 2020.
Convoy says a study of its data shows that carriers in its network are safer than industry averages and have fewer cargo claims than the average carrier.
Eagle Bulk is finally in position to benefit from a rate recovery. It has been a long time coming for funds that invested back in 2013.
Germany’s DB Schenker is joining the ranks of logistics companies that aim to bring cargo booking online. One of the top five freight forwarders in the world, DB Schenker said […]
Furniture-makers may face long slog in adjusting to tariffs on Chinese imports; Autonomous freight trains to be tested
uShip, the online logistics and freight marketplace provider, announced July 25 that Mike Williams has stepped down as chief executive officer and board member. The Austin, Texas-based company also announced […]
As peak shipping season gets underway and more containers arrive at ports, the ability of North America marine terminals to handle the extra truck traffic is coming into sharper focus. […]
Tank barges plying U.S. rivers are seeing higher rates as more petroleum is shipped.
Ports receive 15% of grant program typically used for surface projects.
OOCL reported its second quarter 2019 earnings while also announcing that it was canceling several Asia-Europe sailings for a three-month period.
Intruders could have cost the Maritime Administration $103 million.
Indiana-based Steel Dynamics Inc. announced it will build a $1.9 billion mill in Sinton, Texas, about 25 miles northwest of the Port of Corpus Christi. The site for the new […]
E-commerce packages are flooding the U.S. The vast majority contain legal products, but U.S. Customs and Border Patrol worries about those that contain illegal or dangerous products.
After California, New Jersey is the next battleground for trucking’s owner-operator business model. And motor carriers fear the war there may be largely lost. The latest skirmish centers on a […]
Australia’s competition watchdog, the Australian Competition and Consumer Commission (ACCC), has expressed competition fears over the acquisition of the wharf-side GrainCorp Liquid Terminals by independent bulk liquid storage company ANZ Terminals. The ACCC has formed a preliminary view that the potential sale would “substantially lessen competition”… and that’s the first step on the way to blocking the A$350 million (US$248 million) deal.
The Netherlands-headquartered shipping line Universal Africa Lines (UAL) recently added Port Houston’s City Docks to its liner service that connects the Gulf of Mexico and Mexico with West Africa. UAL, […]
Asian city-state Singapore has seen a small fall in container volumes and a more noticeable fall in containerized cargo weights in the first half of 2019 when compared to the same period in 2018. Singapore is a bellwether for world trade volumes and it does a substantial amount of business with the U.S. as well.
MTC Logistics broke ground July 24 for a 12 million-cubic-foot temperature-controlled distribution center in the Port of Mobile.
Chris Connor, the new president and CEO of the American Association of Port Authorities, is enthusiastic about advocating for the varied needs of its members.
Flexport’s customers have seen average landed unit costs rise by 30 percent due to tariffs.
The quarterly results of Costamare reveal continued rise in container-ship charter rates.
Kirby Corporation (NYSE: KEX) reported second quarter results that met consensus estimates, despite the ongoing problems for barging operations in the U.S. Midwest. But the company did lower its earnings […]
Owners of ships, railcars and trucks face increased risk from environmental regulations, credit rating agency Moody’s said. The value of $265 billion in debt owed by transportation companies may be […]
The Port of Los Angeles is a test bed for the latest in logistics technology, and a target for the threats facing that technology. To stave off those threats, the […]
This week, VLCC rates are going sideways, Capesize rates have reversed, and container shipping has yet to gain traction.
In this commentary by Ekim Saribardak, he writes about new track and trace technologies that can revolutionize the shipment of ocean freight.
