Maritime

The freight-matching tech firm plans to use funding to expand geographically and hire more employees.

The Dubai-based container terminal operator saw earnings fall despite rising revenues and throughput.

Port authority installs new board members and reports tonnage increases.

Airline names managing director of cargo operations; supply chain integration platform hires two vice presidents.

Conglomerate reports an $85 million loss from continuing operations, plans to spin off drilling company.

Ocean carrier sees opportunity as produce and other perishable goods move over water.

Drewry’s World Container Index stands at $1,759.86 per FEU, up 4 percent from last week and up 12.6 percent year-over-year.

Importers are still paying rates that were in place prior to enactment of tax reform legislation.

Container throughput climbed 4.6 percent in July after four consecutive monthly declines.

U.S. truckload rates surged 10.2 percent in July, the largest year-over-year percentage increase in more than a decade.

Crewless, electric containership will move products along Norway’s coastline.

July figure marks the largest year-over-year increase since 2011.

Treasury Department says two of the companies illicitly ship cigarettes, a trade generating more than $1 billion annually.

Trinium Technologies is a Los Angeles-based intermodal trucking software provider.

New York-based company will operate a 10-acre aggregate terminal at the Tampa Bay port.

Purchased Southern Counties Express has been serving California ports for more than 25 years.

Railway and railcar repair company announce senior management promotions; industry veteran joins board.

Company says it is seeing increased demand for transporting refrigerated cargo.

New APL service offers 11-day transit from Shanghai to California.

The German airline is expanding its coverage across Africa.

Pact bans equipment “devoid of human interaction,” lays out rules for negotiating use of semiautomated machinery.

New tracking technology and training designed to improve handling.

Report from BluJay Solutions and Adelante SCM says drones and driverless trucks will not deliver most supply chain benefits.

The ocean carrier also announces it will sell more than 2,000 reefer containers.

Freight forwarder learns the hard way not to ignore red flags.

Several sailings will be withdrawn on the Asia-Europe trade around China’s Golden Week festival in early October.

The Arizona-based freight brokerage makes fifth purchase since January 2017.

Technology will be applied to verify NAFTA and CAFTA certificates of origin.

The Canadian port handled 72.1 million metric tons of cargo during the first half of the year.

The global ship broker says figures exclude acquisition-related costs.

Automaker wants to use foreign-sourced navigation apparatus in California plants.

Fellow Taiwan carrier Wan Hai reports sharply lower profit in the second quarter.

Container freight price increases on Asia-bound cargo will take effect in October.

Teamsters says tentative contract will raise pay 30 percent above current levels.

Throughput of containerized cargo at the Southern California port fell 4.4 percent after several months of growth.

A decline in both laden imports and exports was offset by surging empty container movements in June.

Leadership changes are announced, promotions are carried out and key roles are filled.

Quick Quotes generates pricing for standard and reefer containers in less than 30 seconds.

US East Coast ports such as Charleston are seeing double-digit growth.

Applicants are doing business in New Jersey, California and Florida.

Charleston Harbor deepening part of expansion work under way.

The Georgia Ports Authority increased year-over-year container and roll-on/roll-off cargo volumes.

The logistics provider and container terminal operator finalizes deal to buy Estonia-based Transiidikeskuse AS.

Hyundai Merchant Marine says it is carrying more containers, but rates were lower and fuel costs were higher.

Universal is bullish on its intermodal division, and the Southern Counties acquisition will allow it to expand its footprint in that area.

Potentially toxic smoke from a smoldering warehouse fire causes officials to evacuate the area.

Commentary: Without a regulatory framework, deterioration, diversion and dysfunction will remain.

The port admitted that volumes still do not meet expectations.

Strong volumes, continued migration away from specialized ships result in strengthening market, says Drewry.

Consultant raises concerns about falling utilization, plans for expansion.

MITRE Corp. recommends the Defense Department establish a national supply chain intelligence center.

Fish and Wildlife Service ruling will subject the South American native bird to import and export restrictions.

The independent tanker company recorded a net loss of $12.5 million in Q2.

The German third-party logistics provider expands presence in Ireland.

RAE-I.T. Asset Management cited for improperly packaged lithium battery shipment.

An antidumping order will not be issued as a result of U.S. International Trade Commission investigation.

Both of the primary indices show spot container freight rates are up from last year.

Fifth largest containership company says trade anxieties could still weigh on results.

Company sees sharp increase in volumes but lower freight rates and higher fuel costs.

The Taiwanese ocean carrier expects a healthier second half of the year, driven by an improving supply-and-demand ratio.

But Global Port Tracker report forecasts a downturn in 2019 as tariffs bite.

Grants will enhance container-on-barge services in Louisiana, Virginia, New York and Connecticut.

Madrid-based company touted as leader in Spanish customs and border compliance technology.

In Bangladesh, the shipbreaking industry is booming business – but at the cost of the lives of workers, who work in dangerous environments with minimal safety precautions. Local NGOs are championing the workers’ cause and are hoping to enforce existing UN regulations to the maximum extent possible.

World’s largest shipping company and information tech giant aim for frictionless trade with TradeLens

More than 100 ships, many at Gulf Coast ports, have been affected, and the first lawsuit has been filed.

Government Accountability Office says a study laying out a national plan still has not been completed despite a 2015 deadline.

DB Schenker develops streamlined logistics and transportation system for final assembly plant

Signs show the precision scheduled railroading operating model has paid off for CSX.

TradeLens is designed to promote more efficient and secure global trade.

The global third-party logistics provider continued to benefit from a lower effective tax rate and higher air and ocean freight volumes.

The Bayport Container Terminal received three neo-Panamax ship-to-shore cranes this week.

Acquiring a 68 percent stake in Turkish railcar maker will complement European expansion.

ITC decision authorizes the continued collection of antidumping duties on imports from Taiwan and South Korea.

From service withdrawals to scrapping, the industry tries to find balance.

A trucker hands over documents to a US Coast Guard petty officer at the Port of Baltimore.

Companies will have less paperwork and be able to work more closely after merger.

The Americans for Modern Transportation is speaking out against the American Short Line and Regional Railroad Association’s push for tax breaks.

The asset-light transportation and logistics company increased its net loss despite revenues rising 5.2 percent to $558 million.

The moves are designed to eliminate “bureaucracy and long-standing silos.”

“Peak season is clearly upon us,” says executive director.

Global demand for air cargo grew 2.7 percent in June following increases of 4.2 percent in May and 5.2 percent in April.

The Commerce Department in a countervailing duty investigation found evidence of government subsidies used by Vietnam to support exports of laminated woven sacks.

The company reported good growth in air freight.

Revenue growth for the ocean and air 3PL was strong, but margins at Expeditors tightened.

World’s fifth largest ports operator steps up its logistics services with acquisition of short-sea and intermodal operator Unifeeder.

State-backed Asian container lines have plans to rapidly expand their capacity; meanwhile Maersk cuts its guidance for 2018 by nearly a billion dollars in EBITDA.

The global port terminal operator’s $765.4 million acquisition is part of a larger industry shift toward vertical integration.

Business leaders support maritime sector call for a pragmatic deal that enables frictionless trade.

Mail carrier and third-party logistics provider’s earnings dropped 14.3 percent year-over-year in the second quarter.

U.S. beef and lamb shipments to other countries increased.

Proceeds will be used to fund projects such as ballast water treatment systems and scrubbers.

Agreement hailed as “important step in ensuring that American farmers and ranchers can continue to expand their exports.”

The global logistics provider reports strong performance in both business segments.

Sandler Travis attorney Lenny Feldman and Avalon Risk Management CEO Lisa Gelsomino will head up the Customs Operations Advisory Committee.

The Danish shipping conglomerate cited the freight rate outlook for the rest of the year and high bunker fuel prices.

As separate brands the combined companies will complement each other but provide economies of scale.

The United States’ deficit in goods and services trade climbed 7.4 percent in June after narrowing to its lowest level in 18 months in May.

The WCI surged 13.5 percent last week, while the SCFI grew 3.1 percent compared with the previous week.

Carriers are “desperate” to increase their fleets to keep up with demand, but supply is limited, according to FTR Transportation Intelligence.