The new terminal is the first phase of a multi-year project that will boost the North Florida port’s vehicle handling capacity by 25 percent, according to officials from the Jacksonville […]
The less-than-truckload (LTL) carrier launched a new service center in Jackson, Tenn., allowing for direct coverage to all of Western Tennessee.
Many truckers remain unaware that U.S. Customs and Border Protection (CBP) will start requiring automated in-bond filings in late November.
While trade volumes are expected to continue increasing through the rest of the year, the World Trade Organization (WTO) forecasts that the pace of this growth will be slower than […]
A group of U.S.-based organizations sent a letter to U.S. Trade Representative Robert Lighthizer on Tuesday in support of maintaining trucking provisions in any new version of the North American […]
Virgin Atlantic Cargo appoints director of commercial and business development, and director of operations; Canadian Pacific board member resigns; STTAS names vice president of European operations; and Air Partner appoints […]
The German ocean carrier posted year-over-year increases in net profit, revenues and volumes during the quarter as it nears completion of its integration with United Arab Shipping Co., which it […]
Logistics provider and container terminal operator Hamburger Hafen und Logistik AG (HHLA) recorded group revenues of 942.8 million euros for the first nine months of 2017, up 8.3 percent from […]
The Nov. 10 AS Daily article, “HMM posts loss in Q3 2017,” reported that Hyundai Merchant Marine (HMM) had a net loss of KRW 968.7 billion for the third […]
After being left without any container service since May 2016, the Port of Portland will begin receiving container cargo again in January when Swire Shipping begins calling the port’s Terminal […]
Third-party logistics provider CEVA Holdings narrowed its loss to $22 million from a loss of $41 million for the third quarter of 2016 thanks to a sharp boost in operating […]
Nils Smedegaard Andersen, who served as group chief executive officer of A.P. Moller – Maersk A/S from December 2007 until July 1, 2016, was named chairman of European regional carrier […]
Construction on the 63,000-square-meter freight hub in north central Germany is expected to break ground at the beginning of 2018.
The U.S. Federal Maritime Commission has received 21 license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from Blue Axis Shipping & Freight, […]
The U.S. Federal Maritime Commission has received 21 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 21 license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from ABC Logistics, Seattle (Mohamed Meselhy, vice […]
Individuals knowing of any reason why an applicant should not receive an OTI license or amendment are urged to contact the Office of Transportation Intermediaries.
Individuals knowing of any reason why an applicant should not receive an OTI license or amendment are urged to contact the FMC’s Office of Transportation Intermediaries.
FMC reviews 21 OTI license applications
The U.S. Federal Maritime Commission has received 21 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 21 ocean transportation intermediary license applications and changes for review.
Individuals knowing of a reason why an applicant should not receive a license should contact the Office of Transportation Intermediaries.
The U.S. Federal Maritime Commission has received 21 ocean transportation intermediary license applications and changes for review.
The Port of Savannah’s Garden City Terminal’s capacity will be increased thanks to rail and gate expansion projects approved by the Georgia Ports Authority (GPA).
The European Parliament and European Union member states agreed on a revision of the EU’s Emissions Trading System that, for the time being, excludes shipping.
The Seattle-based global logistics company posted net earnings of $120.6 million for the third quarter of 2017 amid higher revenues and volumes.
ECU Worldwide and QTerminals each name new chief executive officer.
The automated car subsidiary of Google parent Alphabet Inc. started testing a fleet of self-driving vehicles on public roads in Phoenix last month without anyone behind the wheel.
After a record-setting year, although import volumes at major container ports across the U.S. are not expected to decline in 2018, the rate of import growth is likely to slow […]
Now North America’s largest provider of truckload services, Knight-Swift Transportation Holdings recorded a net income of $4.2 million on revenues of $521.6 million for the quarter, according to the newly […]
Spot container rates from Shanghai to Europe declined 6.5 percent since last Friday, while rates from Shanghai to the Mediterranean fell 6.2 percent, according to the Shanghai Shipping Exchange’s Shanghai […]
South Korea’s largest ocean carrier recorded a net loss of 60.3 billion South Korean won (U.S. $54 million) for the third quarter of 2017.
FedEx Express is making a firm purchase of 30 ATR 72-600F aircraft, with options to buy up to 20 additional ATR 72-600Fs.
The U.S. Federal Maritime Commission voted to move forward with issuing a notice of proposed rulemaking in the Federal Register calling for industry feedback into simplifying the agency’s rules and […]
U.S. Commerce Secretary Wilbur Ross found himself on the hot seat this weekend when leaked papers revealed that a Russian businessman on the U.S. sanctions list has ownership in a […]
The Bonn, Germany-based parcel carrier and logistics provider recorded net profits of 669 million euros (U.S. $777.6 million) on group revenues of 14.6 billion euros for the quarter, according to […]
The Taiwanese ocean carrier also unveiled expansion plans in Southeast Asia and the Mediterranean amid an 11.1 percent percent year-over-year gain in transport volumes to 1.24 million TEUs for the […]
Only 27 percent of shippers and 42 percent of service providers have an in-house data science team, which can limit the effectiveness of analytics initiatives, according to the latest Supply […]
Navis appoints general manager for Europe, the Middle East and Africa; and OmniTRAX names executive vice president, industrial development group.
The National Customs Brokers and Forwarders Association of America (NCBFAA) is asking Capitol Hill lawmakers to renew a trade preference program that allows for duty-free imports of certain goods into […]
U.S. Customs and Border Protection has stepped up its industry outreach to ensure that the country’s importers aren’t running afoul of legislation that prevents the importation of merchandise made by […]
Pacific International Lines’ (PIL) two new 11,800-TEU vessels, the Kota Pahlawan and the Kota Panjang, are replacing the carrier’s 8,531-TEU Navarino and 8,241-TEU YM Uniform on its AC5 service between […]
Global port terminal operator International Container Terminal Services’ (ICTSI) net income totaled $45.7 million for the quarter, a 16 percent drop from the third quarter of 2016, according to the […]
The Maritime and Port Authority of Singapore has rescinded the bunker supplier and bunker craft operator licenses of Transocean Oil Pte Ltd, MPA Singapore said in a statement Monday.
The Houston-based tank barge operator performed better than expected during the quarter as several tailwinds more than offset the negative impacts from hurricanes, according to president and chief executive officer […]
Japan was the leading market for U.S. beef exports in terms of volumes and value during the month, despite its recent duty rate increase on imports of frozen U.S. beef.
The International Chamber of Shipping (ICS), which represents shipowners’ associations covering more than 80 percent of the world’s maritime fleet, says the elimination of carbon emissions from oceangoing vessels is […]
The Jacksonville, Fla.-based Class I railway may be backing away from its previously announced plans to develop an intermodal rail terminal neat Rocky Mount, N.C., according to multiple media reports.
Florida’s leading perishables seaport also welcomed the first shipment of Colombian Hass avocados into the United States on Monday.
The French ocean carrier reveled its nine future 22,000-TEU containerships, all of which are slated for delivery in 2020, will be equipped with engines that will run primarily on liquefied […]
A study commissioned by the U.S. Grains Council and National Corn Growers Association found that U.S. grain exports exports supported $55.5 billion in economic output in 2015, with the top […]
Air Menzies International gains new CEO; Kalmar appoints senior vice president, global terminal operators; VARGO hires systems engineer; and Wen-Parker Logistics adds new member to its board of directors.
The U.S. trade deficit totaled $43.5 billion for September, a 1.7 percent increase from August, as rising exports were offset by an even higher increase in imports.
The global third-party logistics provider recorded net profits of 17.8 million Kuwaiti dinars (U.S. $58.8 million) on revenues of KD 358.5 million for the quarter, increases of 17.4 percent and […]
The independent tanker company recorded a net loss of $28.1 million or the third quarter of 2016 due primarily to an oversupply of tonnage coupled with new vessel deliveries, according […]
MTC Logistics appoints chief information officer, general managers and plant manager; while the U.S. Meat Export Federation (USMEF) elects new officer team.
With no agreement to diffuse the long-running trade battle between the United States and Canada over softwood lumber, the U.S. Commerce Department said it will proceed with imposing antidumping and […]
Carrier consolidation and the deployment of larger containerships, coupled with lagging infrastructure has created significant issues for North American terminals, according to a new report from consulting firm AlixPartners.
Spot container rates increased on trades from Shanghai to the United States, Europe and the Mediterranean since last week, according to the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index (SCFI).
The PortMiami Perishables Committee, which represents the region’s bustling fruits and vegetable import industry, has asked the nation’s top agricultural official to intervene in turning back significant federal treatment fee […]
Given a shift in focus to include growing partner government agency (PGA) controls, perhaps the term “customs broker” has become a misnomer in terms of the realities of the job, […]
Less-than-truckload (LTL) holding company YRC Worldwide Inc.’s net income tumbled 78 percent from the third quarter of 2016, although the company did manage to boost revenues and lower its outstanding […]
The U.S. Federal Maritime Commission (FMC) has set up a new page on its website to provide the public with updates on its regulatory reform initiative.
Maersk Container Industry selects new chief executive officer; Glander International Bunkering appoints managing director of its Norway office; and Gebrüder Weiss names country manager, air and sea Germany.
The Jacksonville, Fla.-based Class I railway will not be moving forward with a project that would have allowed the tunnel, which connects to the Port of Baltimore, to accommodate double-stacked […]
Driven by top line sales growth and a booming e-commerce market, the roll-up trucking and third-party logistics provider reported the highest revenues, net income and cash flow of any quarter […]
The National Waterways Foundation (NWF), in cooperation with the U.S. Maritime Administration (MarAd), released a study that examined the economic impacts of unscheduled lock outages and highlighted the benefits associated […]
The Port of Oakland’s board of port commissioners names board secretary; and Selandia Ship Management appoints chairman.
Container carrier reliability stood at just over 72 percent in September, marking the third straight month of declines, according to Lars Jensen, chief executive officer and partner at SeaIntelligence Consulting.
The Hong Kong-based containership leasing giant has also appointed Bing Chen to serve as its next chief executive officer, effective January 2018, following the retirement of co-founder and longtime CEO […]
Jack Hellmann, chairman, president and CEO of short-line and regional railroad operator Genesee & Wyoming, said the company is continuing to evaluate various acquisition and investment opportunities across its global […]
Seaspan names new chief executive officer; Wen-Parker Logistics appoints key account manager and director of finance; and ContainerPort Group President passes away.
The U.S. Army Corps of Engineers has awarded a second $213 million contract to Great Lakes Dredge and Dock Co. to carry out the remaining dredging of Charleston Harbor’s entrance […]
In other news, China COSCO Shipping’s tanker unit, COSCO Shipping Energy Transportation, will order 14 tankers, according to a report from maritime news outlet Splash 24/7.
NYK Line and “K” Line got back into the black during the six months ended Sept. 30 after posting losses in the same 2016 period, while MOL’s earnings took a […]
Between Amazon’s rapid growth and unpredictability, third-party logistics providers say it is definitely a looming concern as to whether the e-commerce giant will be a threat to their business in […]
The North Atlantic port handled 573,458 TEUs in September, a 15.2 percent increase from 12 months prior, back when 18,000-TEU ships were not able to sail beneath the Bayonne Bridge.
Germany’s Finance Ministry said in a document that a complete or partial sale of Schenker AG, the logistics arm of state-owned rail operator Deutsche Bahn, could be taken up again, […]
Chicago-based freight broker and third-party provider Echo Global Logistics recorded a net income of $2.4 million on revenues of $509.5 million for the quarter, according to the company’s most recent […]
The Jacksonville, Fla.-based asset-light provider of integrated transportation management solutions recorded earnings per share (EPS) of $1.01 for the quarter, surpassing the street consensus estimate and Q3 2016’s EPS of […]
The North Liberty, Iowa-based trucking and logistics provider recorded a net income of $7.9 million on revenues of $182.1 million for the quarter, according to the company’s most recent financial […]
On the Shanghai to Europe trade, spot container rates have finally stopped their weeks-long slide, rising 9.3 percent since last Friday to $744 per TEU as multiple carriers plan to […]
The Class I railway recorded a net income of $1.2 billion for the quarter, up 6 percent year-over-year, amid a 5 percent boost in operating revenues that came despite a […]
Global Logistic Properties (GLP) has dispatched to shareholders the scheme document in relation to the company’s proposed privatization and expects a full vote on the plan at a Nov. 30 […]
Sen. Bob Corker, chairman of the U.S. Senate Finance Committee, said it’s time to dismantle the longtime regulation that requires at least 50 percent of the nation’s overseas-bound food aid […]
The departments of Commerce and Homeland Security have entered an agreement to work together to facilitate international e-commerce and strengthen enforcement of U.S. customs laws related to these shipments.
Senate Finance Committee Chairman Orrin Hatch called acting Customs and Border Protection Commissioner Kevin McAleenan “one of the best witnesses to come before the committee in a long time” and […]
China COSCO Shipping’s port terminal operator arm increased profits 53 percent for the quarter as throughput and revenues rose from the third quarter of 2016.
The integrated freight matching and transportation execution platform that originally launched for carriers and shippers has expanded to include third-party logistics providers (3PLs) and brokers.
The Commerce Department has preliminarily determined that steel wire rod from Italy, South Korea, South Africa, Spain, Turkey, Ukraine and the United Kingdom are being dumped on the U.S. market […]
In addition to Brad Jacobs, CEO of trucking and roll-up third-party provider XPO Logistics, the Containerization & Intermodal Institute (CII) will also recognize the Port Authority of NY & NJ […]
CargoLogicAir appoints new CEO, while TIACA names chairman and vice chairman, and the Intelligent Transportation Society of America appoints new president and CEO.
The Interagency Committee on Trade in Timber Products, which was stood up as part of the U.S.-Peru Trade Promotion Agreement, has ordered CBP to block shipments from Inversiones Oroza after […]
U.S. government regulators have found no antitrust violations with the proposed merger between liner carriers COSCO Shipping and Orient Overseas (International) Ltd., according to a joint statement released on Monday […]
The North Florida port’s public seaport terminals experienced record growth in containerized cargo, as well as vehicles and overall tonnage for the 2017 fiscal year, which ended Sept. 30.
Port Freeport names CFO; Jaxport’s board of directors elects new officers; ACI selects chairman and vice-chairman of the ACI World governing board; and the Virginia Department of Rail and Public […]
Container shipments from North Europe to North America have picked up in 2017 thanks to Mexico’s growing demand for auto parts, according to a recent analysis from shipping research and […]
The Belgian port handled 167.1 million metric tons of cargo during the first nine months of the year, fueled by growth in the container, liquid bulk, conventional breakbulk and roll-on/roll-off […]
Earnings per share at GATX for the quarter surpassed analyst expectations despite declining from last year, as challenging conditions persist in the North American railcar leasing market.
Grapevine, Texas-based construction equipment manufacturer Kubota Tractor Corp. will purchase 203 acres at Edgerton, Kans., on which it will construct its new North American logistics operation, the company said in […]
