Maritime

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.

Ocean carriers transported just under 14 million TEUs in June, a 1.3 percent increase from the same month a year ago.

The Class I railway benefited from increased volumes, higher average revenue per car/unit, a tight trucking market and a lower effective income tax rate.

“Canada remains disappointed with the final duty rates announced by the U.S. Department of Commerce,” says foreign affairs minister.

Alliance wants to ground FAA reauthorization bill provision it calls “dangerous” and “reckless.”

AAR senior VP says despite the continued strength of the U.S. economy, recent trade policy moves could have a negative impact on freight rail volumes.

The government insists it has the right to cancel concession contract.

Drewry says economic fundamentals are likely to win out over tariffs and trade war fears.

Congestion, delays and bad weather created “a perfect storm” and led to $5.6 million net loss.

The multimodal transportation service provider plans to use proceeds from a potential sale toward new service lines, existing businesses and technology.

Hapag-Lloyd says inland transportation severely delayed because of extreme conditions.

Revenues growth of 17.7 percent attributed to yield improvement, higher shipments and tonnage, and increased fuel surcharge revenues.

The purchase of Panatlantic Logistic builds on two acquisitions in the sector last year.

Growth in North America attributed to higher fuel prices, lack of truck capacity and strong economic performance.

The purchase price for the flatbed carrier specializing in the transport of steel, aluminum and other metal products was $53.8 million.

The UPS Store will pack and send furniture and decor sold through online marketplace.

The Italian port concession would be the 21st marine terminal in the Turkish company’s portfolio.

Firms shed 1,300 jobs during July, but June hiring figures were revised upward.

Arbitrator finds government attempted to evade contractual obligations.

The European Union said it will not allow the United Kingdom to continue benefiting from its customs procedures and duty collection once it exits the EU customs union.

Hub Group’s earnings per share at $0.66 beat Wall Street’s consensus estimate of $0.50, but executives said that the third and fourth quarters will be even stronger, and margins will grow even against tough comps.

With no acquisition and integration costs weighing down profits, XPO Logistics has delivered net income growth for nine consecutive quarters.

The Hong Kong-based containership leasing giant’s net earnings shot up 140.5 percent.

“U.S. prices for both soybeans and soymeal are currently the most competitive on the market.”

Former Walmart logistics leader joins drone provider; longtime employee promoted to oversee branch operations.

Attorney Benjamin Trogdon joined the U.S. Federal Maritime Commission in 2000.

An OOIDA Foundation survey found parking problems across the nation, safety issues and cost concerns.

Delta Air Lines was sued when pricey Savannah kitten landed with a broken hip.

Ocean Network Express, formed by NYK, MOL and “K” Line, posts $120 million loss in the quarter.

Pilot project with Maersk seeks to uncover problems with improperly stowed or declared cargo.

The global third-party logistics provider’s net income jumped 43.3 percent year-over-year in the second quarter as revenues climbed 15.3 percent.

PEIR uses blockchain and digital image technology to allow users to prove they are not liable for container and trailer damage.

Six-month trial of Thor Trucks’ delivery vehicle will be conducted to determine its long-term suitability.

The Danish global transport and logistics provider saw year-over-year earnings growth in all three segments.

CEO Tobin Moore said the retail returns specialist will use the latest equity round to accelerate product adoption and further invest in research and development.

The Bureau of Industry and Security said the Entity List designation is for “acting contrary to the national security or foreign policy interests of the United States.”

The Senate Commerce Committee on Wednesday approved by voice vote the nomination of Martin Oberman.

Berwick Offray of Pennsylvania petitioned Commerce to launch an investigation.

Hapag-Lloyd believes that data standardization would help various stakeholders to collaborate together and improve the supply chain efficiency in the maritime industry.

A spokesperson told American Shipper the move will not affect Uber Freight, the company’s on-demand trucking unit.

All eight containers have been moved onto the pier at the Port of Virginia’s Norfolk International Terminals.

Government-owned company’s CEO says Ashcroft Terminal offers an entry point into North American market and opportunity to increase intermodal and inland container depot operations.

Keith Lovetro will be succeeded by Jennifer Polli on Wednesday.

Grants to upgrade runways, taxiways, aprons and terminals will go to 522 of the nation’s airports.

The forwarder provides logistics services to some of the biggest names in music, live entertainment and sports.

Check out the latest hires and promotions in logistics, port management, transportation technology and maritime insurance.

Despite the sequential decline, year-over-year growth in the American Trucking Associations’ seasonally adjusted For-Hire Truck Tonnage Index continued.

The General Services Administration, along with the White House’s Office of Management and Budget, present road map for federal government’s future use of e-commerce.

The freight transportation technology provider says customers can strengthen brand loyalty, meet on-demand expectations and lower costs while increasing productivity.

The Greek dry bulk vessel owner benefited from higher time charter rates and enlargement of its fleet.

New Japanese container carrier still expects to achieve profit of $110 million in current fiscal year.

The Chinese shipping firm reports its network applications in the Americas have been fully recovered.

The 444-page document outlines how the agency intends to treat controversial alcoholic beverage procedure under modernized process.

The global third-party logistics provider said the previously announced refinancing, including the offering of the notes, is expected to close this Friday.

Gregory Zikos, CFO of the Athens-based containership lessor, attributed the decline primarily to a seasonal softening of demand.