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.
British Airways and Iberia Airlines will pay $5.8 million in fines for falsely reporting the times they transferred U.S. mail to foreign postal operators
Worldwide Flight Services hires a vice president; California port names an IT director.
“We went through a period when growth of shipping was 2-3 times the growth in international economy. I don’t think those times are coming back.”
Facilities with exposure to steel and aluminum trade likely will see the earliest impact.
The liner carrier ordered eight, 3,036-TEU vessels and 12, 2,038-TEU vessels.
Companies are increasingly being asked to pay for damages to equipment, even when they are not at fault, according to a national survey conducted by TCompanies.
China’s imports record strong third quarter with October data also suggesting more goods on the way.
Normal LTL operations resume following vote count Sunday.
“An unfavorable supply-demand balance with weakening freight rates and escalating bunker prices” blamed for $134 million in carriers’ operating costs.
Second-largest cold storage company expands its footprint in the U.K.
Two Lebanese nationals are in custody on charges of attempting to illegally export weapons hidden in a car.
Norfolk Southern appoints senior vice president; Liberian Shipowners’ Council names general secretary
China’s largest retailer partners with Tianjin Air Cargo as it ramps up its logistics business.
Lows water levels are seasonal, but this year has been record, impeding low-cost barges and favoring high-cost trucking.
Threat of higher tariffs continues to push up transpacific rates.
San Francisco firm has developed real-time collaborative logistics platform that “keeps everyone on the same page across the supply chain ecosystem.”
Also in the pickup: better tools for sleep apnea instruments in sleeper berths; does Buffet care about BNSF’ OR?
Chassis lessor says acquisition will enable it to control tire quality and cost.
Chairman of the board taking company reins; technology getting greater focus; and organization reconfirming leadership.
The FreightWaves Research Institute will announce the winners of the Freight.Tech 25 next week at the MarketWaves18 conference at the Gaylord Texan Resort & Convention Center in Grapevine, Texas.
South Korea agrees to meet for bilateral negotiations as Japan threatens complaint with World Trade Organization.
Commissioner Dye said field interviews regarding Fact Finding 28 investigation offer industry further clarity on Federal Maritime Commission report’s objectives.
Court says a creditor’s inability to collect a judgment alone is insufficient to justify making the companies’ owner liable.
Federal agencies are “cracking down” on overseas affiliates and distributors that flout U.S. export control laws and regulations.
The Chapter 11 petition comes just days after the Greek company announced an audit committee had found the misappropriation of more than $300 million.
Katie Gerard is hired in Washington; Matt Balzola is promoted in Wisconsin.
New group floats alternative blockchain solution for container trade.
Expeditors navigates around pricing pressure to post solid Q3 results.
CaseStack operates mixing centers for consumer product companies selling to retailers and helps manufacturers reduce transportation costs.
A U.S. District Court in Portland, Maine, ordered MST to pay a $3.2 million fine and implement an environmental compliance plan for its vessels.
Hawaii and Alaska carrier expects a strong fourth quarter, takes delivery of first of four new ships.
Dogs trained in the third-party explosives detection program will assist Transportation Security Administration teams in screening shipments, including foreign cargo.
CargoSmart CEO says the consortium provides an opportunity “to transform the shipping and logistics industry and elevate supply chain processes.”
Romaine Seguin most recently served as president of the Americas and will be succeeded by George Brooks.
Intermodal services firm to boost presence in consumer goods sector with acquisition of LTL consolidator and brokerage.
Teamsters are expected to weigh in on an agreement with the freight division later this week.
Drewry’s Philippe Salles says the sheer volume of data required to provide granular track-and-trace details is a challenge to manage and decipher.
Jack Buono is named academy superintendent, Antje Lochmann is promoted by GEODIS and Jackie Cullison is hired by Stertil-Koni.
SONAR’s OTVI.LAX is clearly indicating that the strength in the inbound loaded container flow out of the Long Beach/LA port is continuing and gathering momentum.
International Transport Federation says industry “does not have unique characteristics that justify exemptions from competition law.”
Customs and Border Protection issued guidance allowing reduced excise tax rates for alcoholic beverage imports and released documents needed to claim them.
The S.S. Fairland had a storied career before being converted for commercial operations.
Data from Bluewater Reporting shows 3.2 million TEUs currently are allocated each week from China to regions across the globe.
Preliminary analysis points to a combustible fuel or other compound inside the container bound for Taiwan.
Head of FMCSA and largest U.S. truck trade group say California attempting to preempt federal regulations.
Rising tariffs spur look at geographic shifts in supply chains.
White House applies eligibility for the Generalized System of Preferences to few new country-product combinations.
The fee comes after China imposed a 0.5 percent sulfur limit in the two cities.
Lineage Cool Port Oakland is a collaboration between Lineage Logistics and Dreisbach Enterprises.
XPO Logistics announced Wednesday that Matthew Fassler has been appointed chief strategy officer, effective Nov. 26. Fassler will have responsibility for the company’s strategy, capital structure and analysis of growth […]
Transshipping through Honolulu rather than Guam will reduce transit time from U.S. mainland by about a week.
Sam Ruda becomes the interim director for the Port Authority of New York & New Jersey; Clark Robertson joins the Port of Corpus Christi as chief operating officer.
Stockholm-headquartered CargoIT added to growing worldwide portfolio.
Fourth-quarter results are expected to be negatively impacted by a hurricane in the U.S., coal shipment delays in Australia and a locomotive driver shortage in the U.K.
Canada’s largest railroad boosts intermodal and refrigerated service offering with acquisition of major trucking company.
The logistics software solutions provider expects sharp increases in earnings and revenue.
Surge in low-sulfur fuel use by ships could usher in two to three year period of uncertainty in refining industry.
Assets to be acquired are still unclear, but deal could expand Ceva’s North American and Asian presence.
