Government claims YRC Worldwide overcharged
U.S. says military cargo was improperly weighed by three units of YRC, resulting in higher freight costs.
U.S. says military cargo was improperly weighed by three units of YRC, resulting in higher freight costs.
Aziz Akhrorov recruited New York-based CDL applicants to fraudulently obtain learners’ permits and photo IDs in Florida.
Pierre Timmermans, Marek Staszek and Chris Austin have new roles.
Individuals knowing of a reason why an applicant should not receive a license should contact the Office of Transportation Intermediaries.
How do you prepare for a seismic event experts predict will unleash the worst natural disaster in the history of the United States?
Information about that data is more needed; box moves strong at Port of Los Angeles, but peak season in rearview mirror.
Some carriers will seek to broaden reach, while others stick to their knitting, predicts Drewry.
More longshoremen are needed because of retirements, cargo growth.
The Washington state port is retooling to handle bigger ships and heavier cargo. The transformation includes a large-scale mixed-use development featuring housing, hotels and office space.
Record $1.5 billion in U.S. DOT grants “rebalance” investments into rural areas.
The port sector has been much slower to adopt automation programs than comparable industries, according to a new report from McKinsey & Co.
Stock in the roll-up trucking and third-party logistics provider has lost nearly half its value in the fourth quarter of 2018.
Two longtime staff members are promoted; a chief information officer is hired; and a port commissioner is sworn in.
Tanker crewman handed over video proof of illegal oily bilge discharge to U.S. Coast Guard inspectors.
Brexit preparations have been thrown into even greater turmoil as conservative members of parliament have triggered a vote of no confidence in the Prime Minister.
A senior vice president of operations, chief information officer and head of sales are hired.
Ocean carriers ease back capacity as import volumes slowdown, but industry still expected to be set fair for 2019.
In partnership with Blume Global… In our view, increased digitization can make drayage markets more transparent and improve asset utilization, making carrier offerings more attractive on both a cost and service basis.
An Eaton clutch defect leads to a recall of International truck models and other OEMs may have to follow suit, plus Amazon Air takes off and intermodal growth being driven by inland ports.
As barge rates slump in the face of increased rainfall, the Central Commission for the Navigation of the Rhine (CCNR) has warned that Rhine River water levels could fall again in December.
Bank of America Merrill Lynch said it dropped the parcel carrier’s rating due to the “surprising” departure of the Express segment’s CEO.
Value Protect “can act as a substitute or as supplement to regular cargo insurance.”
Alex Hofeling and Tracy Zea are promoted and Tristan Koch is hired.
Individuals knowing of a reason why an applicant should not receive a license should contact the FMC’s Office of Transportation Intermediaries.
A major port operator in Australia is being sued in the nation’s Federal Court by the national competition watchdog, alleging an anti-competitive deal with a state government.
But container volumes still going strong this quarter as U.S.-China hash out deal; but first quarter likely to see slowdown.
Shipping giant retains investment grade rating, but Moody’s expects it to operate at a higher leverage.
The two CMA CGM subsidiaries will “shore up our relevance in the economically thriving Asia through the CNC brand ahead.”
Online and mobile service designed to make it easy to buy, sell and move goods locally and globally
The U.S. and Moroccan governments agree on conditions to start allowing shipments of U.S. beef into the North African country.
Main U.S. maritime agency’s probe into practices of ocean carriers and terminals winds down, but no changes yet seen.
Company makes fourth acquisition in 2018.
Richard J. Bolte Jr. will remain CEO of the Philadelphia-based global logistics and transportation services company.
The new law includes provisions aimed at protecting suppliers such as U.S. marine terminal operators, tug boat operators and bunkering companies.
Rolf Schnellecke recognized for industry contributions; Debora Coffey hired to lead communications.
After unveiling its full-scale passenger hyperloop capsule in October, HyperloopTT is at the thick of things again, now partnering with Hamburg port terminal operator HHLA for a possible cargo hyperloop route.
New service aims to provide smaller shippers more certainty when booking ocean freight.
Container carrier says “carbon neutral vessels must be commercially viable by 2030” to achieve its goal.
Pilot project will focus on selling transportation on services from China to the United States.
Without reforms, the U.S. postal system, which lost $69 billion in revenue between 2007 and 2018, will lose tens of billions of dollars more over the next decade.
But the industry is much stronger financially than container liner companies, according to the consulting firm AlixPartners
The combined product offering will become “the first truly global visibility platform” and the largest across North America and Europe, according to the companies.
Ocean Alliance carrier will add Port Tampa Bay to the rotation of its transpacific Gulf of Mexico Express service.
Dry bulk carriers outperformed the S&P 500 by a significant margin today, with Star Bulk Carriers, the largest publicly traded fleet in the segment, gaining 5.1% on the day.
Both companies will start using new formulas on Jan. 1 in advance of the low-sulfur exhaust mandate.
Department of Justice says it has an ongoing investigation into the international freight forwarding industry.
Submissions come from seven states as well as Puerto Rico.
Big ships, bigger plans in store for Savannah
Facility designed to link inland businesses with Savannah port through dedicated rail service
Grace Greene takes helm of Saltchuk subsidiary during a time of uncertainty and optimism for The Last Frontier state.
IMO’s low-sulfur mandate and European review of liner shipping consortia exemption creating further uncertainties for the industry.
Regional structure is streamlined and a managing director is named.
The owner of trucking company RAMA Enterprise will spend 33 months in jail for wire fraud and failure to file a 2012 tax return.
Neoline seeks to start up a transatlantic service using an innovative ro-ro ship powered by wind.
Also in the pickup: Morgan Stanley index, and a move back to sailing across the ocean.
Company veteran Steve Collar will lead the integrated organization as senior vice president and general manager.
Avin International Ltd. and Nicos I.V. Special Maritime Enterprises pleaded guilty in a federal court in Texas to charges of multiple oil discharges.
Printz Bolin promoted to vice president of external relations; Tim Strauss joins advisory board.
Freight forwarder and logistics firm targets 5% annual growth through 2021 thanks to tie-up with CMA CGM.
Customers will be able to view and manage multi-carrier shipments from a single platform.
“Supply chain technology and analytics have huge potential,” according to a partner at the investment firm.
Donald E. Wood Jr. and Woody’s Trucking ordered to pay nearly $1.3 million in connection with the illegal transportation of drip gas.
New York-based company adds industry veterans and offices in Texas and South Carolina.
CMA CGM is selling its logistics division to CEVA as it seeks a majority stake in the company through a tender offer.
Decision to retrofit 10 vessels made in response to upcoming low-sulphur regulation; first 13,000-TEU ship will be ready to sail in March.
Trans Global Projects Group-managed shipment departed U.K. facility Thursday for 9,600-mile trip expected to take between four and five weeks.
Tesla cuts prices of Model S and Model X; oil prices are down to a one-year low; Hong Kong bats for free trade; Hapag-Lloyd is launching a premium product based on extensive market research.
The conference attracted over 2,000 industry players and largely revolved around the topics of Asian connectivity, the impact of trade tariffs, and technologies that are revolutionizing the logistics industry.
Shipper group says change would reduce costs, promote competition with NVOCCs.
The Office of Foreign Assets Control has taken particular aim at sanctioning those individuals and entities involved in the maritime transport of oil for the Assad regime.
Centralized location allows vehicle manufacturers to save on their inland distribution costs, says CEO John Murray.
New York-based company specializes in time-critical transportation and logistics solutions.
“Delivering value to get the most attractive cargo on board is at the heart” of the plan, says CEO Rolf Habben Jansen.
Compliance director gets seat on industry committee; Ohio company hires two and promotes two.
Funding aims to keep Port’s market share as more freight moves to intermodal and off the roads.
Peter Ulber will not stand for re-election at the annual general meeting in May.
Impact Transportation buys $275,000 battery-powered tractor for yard operations.
Company uses scenario of collision between LNG carrier and fishing boat for training.
The Panama spread (FBX.PANA) widened last night when Freightos released new container rates for this week: rates from China to the American East Coast (FBX.CNAE) climbed to $3,683, while rates to the West Coast (FBX.CNAW) fell slightly to $2,527.
Trucking executive points to final mile delivery as draining driver pool, so think about that on Cyber Monday.
Upcoming summit could provide surprise deal, but acrimony and lack of consensus puts deal in doubt.
BIMCO projects with capacity growing at half of this year’s levels, “the fundamental balance can only improve.”
Taiwanese carrier will pay $124 million to $140 million for four 2,500-TEU containerships.
Carrier is cooperating with Hapag-Lloyd and MSC to offer “market-leading transit times.”
An office is opening in Seattle and promotions are taking place in London and New York.
Cordero talked about record container volumes, tariffs and the status of billions of dollars in Port modernization projects.
In a normal year, the Port of Oakland stands out from other U.S. ports for exporting more than it imports. Not this year.
Higher volumes are not able to offset a decline in freight rates and higher fuel costs.
World’s largest container lines plan to look at emerging technologies as new options come to the market.
The commission remains concerned about how terminal operators of the West Coast MTO Agreement will apply the joint fee pricing process.
Korean carrier will “put its utmost efforts to stably secure additional cargoes” to fill the 20 ships on order.
IT executives from Maersk, MSC, CMA CGM, Hapag-Lloyd and ONE aim to create open standards that other stakeholders in the industry can freely use.
Daniel Maffei could return to the agency and could be joined by Florida maritime industry veteran L. E. Sola.
Brent Bruun and Mark Woodhead are given more duties, Jake Gilene is named senior vice president and Luc Smulders is appointed secretary-general.
How much volume is POLA pulling from Q1 activity?
Good times at U.S. ports not expected to last as world’s largest shipping line warns trade war will rear up at start of next year.
CargoX Smart B/L platform would be the first open and neutral blockchain platform in the shipping industry for real-world commercial use.
Largest container carrier reports a 31 percent increase in revenue and a profit of $360 million in the third quarter.
The U.S. Environmental Protection Agency announced a plan that aims to further reduce nitrogen oxide emissions from truck engines.
Naum and Irina Morgovsky used their company to ship unlicensed infrared and thermal devices to Russia, a violation of the Arms Export Control Act.