Executive Moves: Lytx and Actisense
Lifshatz is appointed CFO; Thrasher and Pay get new roles.
Lifshatz is appointed CFO; Thrasher and Pay get new roles.
Evidence shows products from Vietnam are made from substrate originating in China and circumventing U.S. antidumping and countervailing duties.
Within the next decade, 77 percent of ports are planning on-dock, near-dock or rail-access projects.
More than 1,000 automobiles reportedly ablaze at Port of Incheon.
Shipper files complaint with FMC against China Shipping in demurrage and detention dispute it lost in arbitration.
The deal to “bring together two global leaders in rail equipment, services and software” is valued at about $11.1 billion.
Performance may decrease significantly before operations cease; meanwhile, GeoSpace Labs is offering incentives for abandoned customers.
The Shanghai Containerized Freight Index fell 3.2 percent last week, while Drewry’s World Container Index slipped 1.1 percent from a week prior.
Throughput at terminals operated by the Northwest Seaport Alliance slipped another 1.1 percent for the month following a 9.6 percent year-over-year decrease in March.
Germany’s largest port saw a 18.2 percent year-over-year decline in bulk cargo volumes.
The Scottish port’s resurfacing development project at the container terminal will be finished later this year.
International Longshoremen’s Association claims non-union operations have eroded working conditions at terminals in and around Philadelphia.
Maritime analyst says in a capital-intensive sector, higher percentages will weigh heavily on debt-laden companies.
The International Maritime Organization aims to reduce ship emissions by 2020 and 2050, causing shipping companies to weigh antipollution technologies.
The South Korean ocean carrier posted a net loss of U.S. $162.3 million for the first quarter but is still investing in newbuilds and a container terminal.
Saltchuk has appointed Tim Nolan president and CEO of TOTE, succeeding Anthony Chiarello, who will depart the domestic ocean carrier on July 16.
Randall E. Curran and Welsh, Carson, Anderson & Stowe initially will focus on U.S.-based contract logistics and transportation management firms.
Loaded export container traffic drove the 3.8 percent year-over-year increase in overall container volumes.
A Kansas City Southern exec says the energy sector needs to be included in the trade deal because the U.S. could eliminate almost half its deficit with Mexico by exporting […]
Despite a revenue boost from the Hamburg Süd purchase, “margins in the ocean segment were significantly impacted by higher unit costs,” says CEO Skou.
The hype behind applications in cargo movement might be well-founded, but blockchain’s early-stage evolution makes it impossible to predict where the technology will go from here.
Second-largest container carrier Mediterranean Shipping Co. will continue to transport “certain legally acceptable cargoes” like food during the wind-down period.
The Australia-based global logistics software provider continues its acquisition spree with the purchase of Ulukom.
Penalties hiked for outbound cargo from China booked on the shipping line’s portal.
Edward R. Hamberger, president and CEO of the Association of American Railroads for more than 20 years, will be retiring in early 2019.
The city vows to fight the ruling that its decision was based on information “riddled with inaccuracies, major evidentiary gaps, erroneous assumptions and faulty analysis.”
The logistics technology startup snags $7 million from Wavemarker Partners to finance global expansion.
One thousand Carrier Transicold PrimeLINE units will increase the Taiwan carrier’s refrigerated cargo capacity by about 24 percent.
The Massachussets Port Authority is soliciting interest from the private sector to purchase three Neopanamax container cranes to be used at its newest Conley Terminal berth.
The container carrier developed the transport solution in collaboration with the supermarket chain Lidl.
The World Trade Organization on Tuesday said the EU and Airbus must continue taking steps to end remaining subsidies for aircraft manufacturing.
The Northern California port handled 75,369 TEUs of loaded imports for the month, surpassing the previous high-water mark of 75,243 TEUs set in April 2006.
Commission sets roadmap for evaluation of whether “block exemption” that expires in 2020 should be extended.
The asset-light third-party logistics company benefits from volumes growth and new business wins and prepares for “new chapter” with CMA CGM.
The news comes as the port handled a record amount of tonnage for the fourth year in a row in 2017.
Throughput of containerized cargo at the Southern California port rose another 10.8 percent year-over-year for the month to 618,438 TEUs.
Despite promises of a $1.5 trillion spending package for aging U.S. transportation infrastructure, the Trump administration is sending signals Congress may not take up legislation until 2019 at the earliest.
The International Chamber of Shipping supports low-sulfur fuel but worries about price, availability and operational challenges.
The German carrier points to a lower net loss and increases in operating profit, revenue and cargo volume following the UASC acquisition.
The funding will be used for infrastructure improvements at three different port sectors.
The Greek containership owner and leasing company benefited from fleet utilization improvements and higher time charter rates.
Imports at ports tracked by the National Retail Federation’s Global Port Tracker slipped just 0.7 percent year-over-year to 1.54 million TEUs.
Senger-Weiss will succeed Niessner as Gebrüder Weiss CEO; Destriau has been named CFO of ZIM; and Team Worldwide makes appointments.
The deep-water port, which can handle 14,000-TEU ships, will allow cargo to avoid transshipment in Singapore and Hong Kong.
AlixPartners says overcapacity could worsen as the year progresses.
“How can we incentivize a company that is treating its employees like crap?” councilman asks.
Nitta Kisen Kaisha admits deliberately discharging oily bilge into the waters off North Carolina last year.
The Taiwanese ocean carrier did say its year-on-year growth in revenues and volumes was better than expected.
The Port of Los Angeles handled 705,536 TEUs in April, a drop of 1.3 percent compared to last April’s record of 714,755 TEUs.
Drivers are required to reconstruct hours of service on paper if their electronic logging devices stop working.
The four-day program, announced during a Rise of the Rest seed fund stop in Chattanooga on Thursday, is free to company founders “building revolutionary businesses across the supply chain and […]
The number of cars handled during Q1 increased 20 percent, largely driven by growth at the Volvo Cars production facilities.
The New York City Economic Development Corporation has invested more than $115 million to reactivate the terminal as a shipping hub.
The U.S. Justice Department is stepping up its efforts to penalize companies that engage in bribery with foreign government officials.
The first-of-its-kind notification filed under the World Trade Organization’s Committee on Agriculture claims India “substantially underreported” its market price support.
The company continues to focus on organic growth and expanding its footprint in the refrigerated market.
The global logistics company thrived from a lower effective tax rate and higher ocean and airfreight volumes.
A contract is extended, a chairman is elected and industry leaders are promoted in Europe, Asia and the United States.
The Virginia Port Authority plans to launch the Navis N4 terminal operating system this weekend at Virginia International Gateway, which also will see new container stacks coming online this month […]
The transportation management system provider has integrated real-time messaging and notification to its TMS as a replacement for inefficient emails.
ClipperMaritime says carriers need to be careful how they cascade larger containerships into new trade lanes.
American Shipper’s latest webinar, “Supply Chain Reaction: The Real Impact of Visibility,” lays out how BASF teamed up with MacroPoint to develop a web-based system to track shipments.
After the race to consolidate, the world’s container shipping industry must resist injecting too much new capacity into an already volatile market.
Union says crew cuts and long hours worked are threatening safety.
The mail and logistics company’s revenues for the quarter were driven down by negative currency effects and the sale of Williams Lea Tag.
Navios companies also appear to be pursuing a similar strategy.
The Class I railway reported a net income of $1.1 billion on revenues of $5.6 billion.
A delegation in Beijing last week worked on “improving China’s protection of intellectual property and identifying policies that unfairly enforce technology transfers.”
While traditional big city freight hubs grapple with congestion, a new crop of rural inland ports is springing up as shippers look for efficiencies.
North American intermodal volumes grew 7.2 percent for the quarter thanks to a strong economy, higher fuel prices and an ever-tightening truck market.
The asset-based truckload carrier intends to list its Class A common stock on The New York Stock Exchange under the symbol USX.
The acquisition increases the domestic freight forwarder’s presence in the U.S. mainland-to-Alaska market.
Transit touted as faster than ocean and cheaper than air.
The global logistics provider reported revenues rose 16 percent year-over-year.
The 104-year-old waterway also is increasing the maximum beam for vessels transiting the locks.
Safety, project controls and workforce and business development are the focus of new roles.
Prime minister seeks ways to lower logistics costs and says Lach Huyen holds the key.
FedEx, UPS, XPO and Amazon are among the companies calling for an increase in the national standard; on the other side of the road is the Truckload Carriers Association.
FMC commissioner addresses changing container-shipping landscape and ongoing investigations.
After moving in different directions the previous week, both the SCFI and Drewry WCI gained ground last week.
Customs commissioner tells NCBFAA a lot of work remains to be done.
Multiple accidents have put automated cars and trucks in the hot seat.
A two-page proposal that will be considered in June could postpone the release of a final World Customs Organization framework for another year.
SeaIntel says if charter rates for feeders increase, the pricing spread between services calling direct port-port pairs and transhipment products could widen.
The bureau received 53 formal comments in response to an advance notice of proposed rulemaking for transactions in which a foreign buyer contracts with a U.S. agent to facilitate exports […]
The cooperative effort allows the two carriers to manage sales and bookings for standard and express shipments between Europe and the U.S.
Stock in the third-party logistics provider began trading on the SIX Swiss Exchange on Friday at an initial price of 27.50 Swiss francs per share.
The London-based containership owner and operator has extended an order for five 11,000-TEU vessels from Hyundai Heavy Industries with an additional four 14,000-TEU ships.
The world’s second-largest container carrier has signed a 30-year concession agreement with Abu Dhabi Ports.
According to the latest Cass Freight Index Report, the continued growth of shipments “is yet another data point confirming that the strength in the U.S. economy continues to accelerate.”
Port of Los Angeles says reforms are a “step in the right direction.”
Shipping lines need to reach agreements with GE Transportation in order for the PierPass 2.0 program to move ahead.
The LTL holding company recorded a net loss of $14.6 million, compared to $25.3 million last year.
The Hong Kong-based containership lessor reported a net profit of $67 million for the quarter as revenues rose 11.7 percent to $244 million compared with the same 2017 period.
The aircraft manufacturing giant will acquire KLX in a deal valued at $4.25 billion.
The $69.3 million deal includes 16 pressure barges with an aggregate capacity of about 258,000 barrels.
The strong growth came despite a slight year-over-year decline in transport volumes.
Transportation and logistics companies added another 400 jobs during the month following three consecutive monthly gains, according to recent preliminary data from the U.S. Department of Labor.
Total U.S. freight rail shipments climbed another 5.1 percent for the month following year-over-year gains of 5 percent in March and 3.3 percent in February.
New Jersey governor sets up task force; California Supreme Court revises test for determining if a worker is an independent contractor.