The 15,262-TEU containerships caught fire in the Arabian Sea Tuesday, leaving one crew member dead, two receiving urgent medical treatment, and four still missing.
The logistics company added one office each in China, Manila, Lithuania and Serbia.
U.S. Customs and Border Protection on Tuesday released its E-Commerce Strategy that recommends changes in data acquisition approaches as part of the agency’s counterfeit targeting efforts.
The Commerce Department has found evidence that silicon metal imports from Australia, Brazil and Norway are being dumped on the U.S. market at less than fair value.
The global logistics software provider is anticipating more acquisitions, but despite being very well capitalized and having a healthy balance sheet, it will continue to be “prudent” in its evaluations, […]
The Commerce Department determined that U.S. imports of polytetrafluoroethylene resin, a substance typically used as a non-stick coating for pans and other cookware, from India are receiving export performance-based subsidies […]
Swissport International, an airport cargo handler, has taken over Aerocare, a similar operator in Australia and New Zealand airports.
REZ-1 appoints CEO and the American Trucking Associations’ Technology and Maintenance Council elects 2018-2019 chairman.
RK Logistics Group has found success by targeting high-tech companies in the San Francisco Bay area, growing revenues from about $16 million five years ago to $65 million.
The trucking group has called on the U.S. House Committee on Transportation & Infrastructure to “urgently conduct” an oversight hearing on the implementation of the Federal Motor Carrier Safety Administration’s […]
RoadOne IntermodaLogistics said it has acquired the New England regional intermodal transport services provider Jarvis Trans Inc. to boost its presence in the U.S. Northeast.
President Donald Trump has nominated Patrick J. Fuchs and Michelle A. Schultz to serve five-year terms as members on the U.S. Department of Transportation’s Surface Transportation Board.
The 10,081-TEU Maersk Shanghai lost between 70 and 73 cargo containers Saturday night about 17 miles off the coast of Oregon Inlet, N.C., but all crew members are safe and […]
UPS appoints new chief operating officer and international president, while BDP International names managing director for Middle East, Turkey and Africa.
As part of an effort to assuage U.S. Customs and Border Protection post-departure filing concerns, the Commercial Customs Operations Advisory Committee (COAC) is developing a concept that correlates the two […]
Over 110 associations representing shippers and logistics providers called on the International Longshoremen’s Association and the United States Maritime Alliance to resume labor contract talks, which broke off in December […]
Jean-Jacques Ruest will serve as interim president and chief executive officer of the Class I railway until a permanent replacement is hired.
U.S. Customs and Border Protection (CBP) is in the process of investigating 15 duty evasion cases, amidst the executive branch’s budget request calling for 140 more personnel to work in […]
As of Thursday, CenterPoint was only awaiting permits to start on the long-anticipated Seaport Logistics Complex at the California port.
Gov. Phil Murphy said he wants to help reduce diesel truck pollution at ports, calling it vital to disenfranchised communities surrounding the ports.
Montreal-based Logistec has gained a stronghold in the U.S. Gulf through its purchase of non-union stevedoring company Gulf Stream Marine.
The Western Canadian port handled a record 142.1 million metric tons of cargo in 2017, with containerized cargo and bulk grain movements hitting new highs.
The “initial formula” for bond calculation is expected to be finalized by late April, according to a document submitted prior to a quarterly meeting of U.S. Customs and Border Protection’s […]
A consortium of private investment firms has agreed to purchase 94.9 percent of HSH Nordbank AG, which was at one time the largest provider of ship financing in the world, […]
The U.S. maritime regulator collected a total of $465,000 in civil penalties from the non-vessel-operating common carriers for allegedly violating the Shipping Act or commission regulations.
Despite a 3.5 percent decline in January 2018, total throughput at the Port of Virginia so far in fiscal year 2018 is up 4.4 percent compared with the same period […]
U.S. Customs and Border Protection is still working with its Commercial Customs Operations Advisory Committee in finalizing new requirements for the Customs Trade Partnership Against Terrorism.
Shipment volumes for the month slid 1.7 percent from December, but were up 12.5 percent compared with January 2017, while expenditures fell 1.8 percent sequentially, but rose 14.2 percent year-over-year, […]
The Japanese shipping company will restructure April 1, which happens to be the same day its container shipping joint venture with “K” Line and NYK, referred to as the Ocean […]
Intermodal equipment provider and chassis pool operator TRAC Intermodal is expanding and improving the quality of its chassis fleet in the region in preparation for an expected surge in U.S. […]
South Korea’s Hyundai Merchant Marine (HMM) has confirmed it will reenter the Asia-North Europe lane after a one-year hiatus as a vessel operator and order new ultra-large containerships this year […]
The German ocean carrier increased its operating result, revenues and volumes from 2016 figures, largely thanks to its acquisition of United Arab Shipping Co., which closed May 24, 2017.
Mike Toohey, CEO of Waterways Council, Inc., said several elements of President Donald Trump’s plan, including the proposed decrease of federal dollars, will be “non-starters” in terms of gaining industry […]
The global third-party logistics provider managed to increase earnings, revenues and volumes during the year, in addition to closing on various acquisitions.
United States gross domestic product (GDP) increased at an annual rate of 2.5 percent in the fourth quarter of 2017, according to the “second” estimate from the Department of Commerce, […]
The total value of cross-border trade between the United States and its partners in the North American Free Trade Agreement (NAFTA) rose 7.4 percent year-over-year to $93.5 billion for the […]
The International Trade Commission must now make final determinations on the Commerce Department’s findings that Chinese producers of aluminum foil are receiving unfair subsidies and dumping the product in the […]
The global third-party logistics provider introduced WMx, a cloud-based, mobile software platform that creates a single solution for warehouse integration.
NC Ports hires director of carrier and trade development, Dayton Freight Lines names regional vice president of operations, and the University of Denver appoints supply chain studies faculty member.
Several industry media outlets have reported that CMA CGM has placed an order for 12 newbuild container vessels that will be capable of running on liquified natural gas (LNG), but […]
Third-party logistics provider CEVA Holdings posted a loss of $197 million in 2017 compared with a $159 million loss the year before, according to the company’s most recent financial statements.
Sea World Management & Trading and Edmon Fajardo were convicted Monday of maintaining false and incomplete records related to oil and garbage discharges from a tanker that was operating off […]
The Seattle-based third-party logistics provider posted net earnings of $489.3 million for the full year in 2017, a 14 percent increase from 2016, as revenues rose 7 percent to 2.3 […]
Although adverse currency exchange fluctuations caused Eimskip’s net earnings to tumble between 2016 and 2017, revenues surged, thanks to new acquisitions, volumes growth and increased international freight rates.
GE Transportation will supply freight locomotives to Ukrainian Railways, as well as additional locomotive kits over 10 years, the rehabilitation of locomotives in the railway’s fleet, and long-term maintenance services.
Qatar Navigation (Milaha) recorded a net profit of 469.8 million Qatari riyals (U.S. $129.1 million) for the year, as operating revenues slipped 2.4 percent to QAR 2.49 billion, according to […]
The class-action lawsuit filed in California on Monday alleged that the port drayage arm of XPO Logistics is misclassifying truck drivers as independent contractors.
Atlanta-based integrator United Parcel Service Inc. (UPS) is seeking 1.7 billion euros (U.S. $2.1 billion) in damages after regulators in the EU vetoed its acquisition of European parcel carrier TNT Express, […]
Over 1,000 local government leaders told Congress last week that heavier and longer trucks could harm the nation’s transportation infrastructure, despite companies like FedEx saying how an increased twin tractor-trailer […]
The Federal Trade Commission said the $400 million deal would violate antitrust laws by significantly reducing competition in an important market for marine water treatment chemicals and services.
DP World said its Doraleh Container Terminal was illegally seized Friday by the Djibouti government in attempts to force the terminal operator to renegotiate the terms of its concession.
U.S. Federal Maritime Commission Acting Chairman Michael A. Khouri has recently appointed Rachel Dickon to serve as the commission’s secretary and Brian Troiano to director of the Bureau of Enforcement.
The U.S. Treasury Department’s Office of Foreign Assets Control has sanctioned six individuals, 24 entities, and seven vessels for the illicit production, refining, brokering, sale, purchase or export of Libyan […]
International trade volumes ticked up 0.3 percent in December compared with the previous month, according to the latest World Trade Monitor report from the CPB Netherlands Bureau of Economic Policy […]
U.S. Customs and Border Protection has yet to implement alcohol excise tax cuts mandated through recently enacted national tax reform legislation, leaving the trade community wanting more clarity on when […]
Intermodal pricing rose another 5 percent for the month compared with the same 2017 period, the sixteenth consecutive monthly year-over-year increase, according to the latest Cass Intermodal Price Index.
Domestic truckload pricing jumped 6.5 percent for the month compared to January 2017 following year-over-year increases of 6.3 percent and 6.2 percent, respectively, in December and November, according the latest […]
The purchase of Pinnacle Rail Operations, which operates seven automobile terminals in the United States for Class I railroads, will result in about a 10-fold increase in Rail Management Services’ […]
The agency’s new field office in Hanoi, Vietnam was established to help expand America’s $2.5 billion-a-year agricultural export business to the Southeast Asian country.
The Eden Prairie, Minn.-based third-party logistics provider has appointed Robert Biesterfeld to serve as chief operating officer, effective March 1.
The Treasury Department’s Office of Foreign Assets Control has added another 27 shipping companies, along with 28 vessels, to its Specially Designated Nationals List in an effort to prevent North […]
The Atlanta-based parcel carrier will be the first in the industry to deploy electric-powered delivery trucks that will be comparable in cost to trucks that run on conventional fuel, according […]
The South Carolina Ports Authority’s container volumes sank 9.5 percent in January 2018 from 12 months prior.
The Kuwait City-based global third-party logistics provider posted a net profit of 68.5 million Kuwaiti dinars (U.S. $227.8 million) on KD 1.41 billion in revenues last year, increases of 16 […]
President Donald Trump on Thursday extended the national emergency on Cuba under the International Emergency Economic Powers Act.
The airfreight division of International Airlines Group saw commercial revenues rise 8 percent to 1.08 billion euros (U.S. $2.2 billion) last year thanks to increased volumes and yields, IAG Cargo […]
DHL Express has opened a new cargo processing facility at Brussels Airport, which will nearly quadruple its handling capacity to 42,000 shipments per hour at this regional hub.
ITS Logistics promotes chief financial officer, while the Port of New Orleans appoints board member.
U.S. President Donald Trump has said as far back as May 2017 he would be open to considering raising the federal gas tax as a means of funding infrastructure investment, […]
Among the actions called for by the brokers and forwarders group is for U.S. Customs and Border Protection to program the Automated Commercial Environment to allow for goods releases at […]
The designation of all of Miami International Airport (MIA) as a foreign trade zone (FTZ) magnet site will allow airport tenants to operate manufacturing and distribution facilities on airport property, […]
U.S. Customs and Border Protection and Procter & Gamble will work to prevent counterfeit P&G products from entering the country, with the company donating testing devices to determine product legitimacy.
The U.S. Justice Department said the three men were indicted Monday for their role in conspiring to illegally export goods and technology from the United States to support Hizballah in […]
BIMCO, a Copenhagen-based international shipping organization, said 2018 could be the year in which container shipping growth and demand growth come out equal.
Although container volumes to and from the United States and Canada are both projected to continue to increase in the coming year, the countries will “have two very different tales […]
The fledgling containership owner and operator has agreed to purchase a fleet of 14 feeder container vessels ranging in size from 1,300 TEUs to 2,800 TEUs for a total price […]
The vessel owner and operator will use the proceeds from the offering for general working capital purposes, including vessel acquisitions.
Terminals operated by the Northwest Seaport Alliance (NWSA) of Seattle and Tacoma handled 250,762 TEUs for the month, a 16.7 percent decline from the same 2017 period.
The Athens, Greece-based dry bulk vessel owner recorded a net loss of $436.9 million for the fourth quarter of 2017.
The American Trucking Associations’ (ATA) seasonally adjusted For-Hire Truck Tonnage Index rose 2 percent in January 2018 compared with the previous month to a reading of 111.6.
The South Korean ocean carrier’s U.S. Premium Service that launched last May, which allows shippers to pay an extra 10-20 percent to get guaranteed space on ships and rapid discharge […]
Pure Collection, a Harrogate, England-based cashmere apparel retailer, reportedly sent a large portion of the illicitly shipped merchandise to customers in Maine.
Although container volumes to and from the United States and Canada are both projected to continue to increase in the coming year, the countries will “have two very different tales […]
Japanese ocean carrier MOL received immunity for revealing the cartel, while the fines for CSAV, “K” Line, NYK and WWL-EUKOR were reduced for their cooperation with the investigation.
The Virginia House of Delegates Committee on Appropriations and Senate Finance Committee recently released their respective two-year state budget proposals, both of which contain funding for the widening and deepening […]
S&P Global’s acquisition of the global trade data company is expected to close in the coming weeks.
The cargo airline revealed its plans to begin shipping internationally in May by launching flights between the United States and Mexico.
The Honolulu-based ocean carrier posted a net income of $232 million for the full year in 2017, an increase of more than 185 percent compared with the previous year, according […]
The German third-party logistics provider will expand into non-traditional services for the automotive sector, including the 3D printing of replacement parts and other “additive production” support.
Schiphol Cargo, the cargo operation of Amsterdam Airport, will be merged with the Aviation and Marketing Department, effective April 1.
Miami-Dade Aviation Department (MDAD) appoints new director and chief executive officer, while ECU Worldwide promotes regional sales manager.
A.P. Møller -Maersk CEO Søren Skou said the company is striving to become a “global integrator of container logistics” so that shippers can make arrangements by “just dealing with Maersk.”
The global port and terminal operator said it will continue its organic growth in the next three years and that it is currently engaged in negotiations to acquire ports and […]
The New York Shipping Exchange (NYSHEX) has appointed four new members to its board of directors and launched what it calls the “governing NYSHEX Member Council,” which consists of representatives […]
Following the 2017 purchase of 41 generator sets for reefer containers, Canadian Pacific Railway (CP) has begun offering a new shipping service for perishable products, dubbed “CP TempPro.”
Following reports that thousands of customer identification records were left open to public access, FedEx said those records have now been secured and there is “no indication that any information […]
A longtime shipping executive at United States Lines (USL) and Norton Lilly, John Griffith II is credited with helping to establish the first containerized shipping services in the transatlantic and […]
Deployed capacity from Asia to the Mediterranean has increased over the year, and according to Drewry, there is unlikely to be any let up.
The South Atlantic port handled 338,793 TEUs of containerized cargo for the month, a 2.2 percent increase from the same 2017 period, according to the latest data from the Georgia […]
The Federal Aviation Administration has proposed a $63,750 civil penalty against J&J Tech Group of Miami for allegedly violating federal hazardous materials transportation by stuffing “hundreds” of lithium batteries into […]
