The Oklahoma river port handled 213,717 tons of cargo in 111 barges during October 2016, a 30.1 percent jump from 164,171 tons in 90 barges the previous month, according to […]
Impala Terminals said the Spanish port’s new logistics facility for the storage and blending of minerals and metal concentrates can handle over one million tons of imported and exported products […]
The first cargo train departed the Tianjin Pilot Free Trade Zone in Northern China early Monday morning for Minsk, Belarus, carrying 104 containers of construction materials, according to a report […]
International Civil Aviation Organization re-elects council president, International Air Transport Association selects regional vice president for Africa and the Middle East, and Canaveral Port Authority elects chairman.
The deal, which involves Hanjin’s Asia-U.S. assets, does not include Hanjin’s five, 6,500-TEU containerships or Hanjin’s 54 percent stake in Total Terminals International at the Port of Long Beach, according […]
Danish ocean carrier Maersk Line said there is now consideration of “other cooperation possibilities,” while Hyundai Merchant Marine of South Korea said it expects a “formal agreement either in the […]
Officials from the American Association of Railroads, along with the American Short Line and Regional Rail Association, said that federal regulators should hold off on any new rulemakings until the […]
The $10 million acquisition is expected to close early next year and will substantially expand the port.
The Port of Montréal, located along the St. Lawrence River, launched its new container terminal Friday, boosting the port’s handling capacity by 450,000 TEUs.
Port of Los Angeles Executive Director Gene Seroka said the system will enable supply chain partners to receive a ship’s cargo information well in advance of arrival.
Fellow Japanese ocean carrier “K” Line exited the Transpacific Stabilization Agreement Aug. 19, while MOL, the other major ocean carrier based out of Japan, left the group in 2008.
The board of directors of Omaha, Neb.-based Class I railroad Union Pacific has authorized the early repurchase of up to 120 million common shares by Dec. 31, 2020, approximately 15 […]
The North Florida port’s new Intermodal Container Transfer Facility provides rail service to the Blount Island Marine Terminal and TraPac Container Terminal at Dames Point, connecting the terminals with Class […]
Redwood Logistics appoints chief logistics officer, while INTERTANKO elects chairman for another two years.
The joint container venture between Japan’s ‘Big 3’ will have a fleet capacity of 1.38 million TEUs, making it the sixth largest in the world, and when their 23 new […]
How dangerous is a spray can of compressed air? It’s just air, right? Wrong. These pressurized cans actually contain hazardous gases, which differ from product to product, and […]
Keeping U.S. export reform going; The little FTA that could.
A Seoul court pushed back the deadline for receiving a rehabilitation plan for Hanjin Shipping from Dec. 23 to Feb. 3, according to South Korea’s Yonhap News Agency.
The Pacific Merchant Shipping Association will start publishing the average container dwell times at 12 marine terminals in the ports of Los Angeles and Long Beach on a monthly basis […]
The Shanghai Containerized Freight Index fell 1.3 percent from last Friday to a reading of 825.10.
Officers were elected this week to head the Waterways Council and National Waterways Foundation.
Atlanta-based shipping and logistics provider UPS said it will invest more than $175 million to expand its main Columbus, Ohio ground package hub, which is located on 90 acres on […]
Union Pacific appoints three senior executives, while Suttons Group names managing director of international operations.
However, the French ocean carrier said it has fully repaid a loan used to acquire Neptune Orient Lines and its APL container shipping subsidiary.
Truck trailers orders reached 20,200 units in October, 72 percent over the previous month, but down 38 percent year-over-year, according to industry analyst FTR.
BNSF Railway Co. and Kansas City Southern will offer a new joint intermodal service connecting shippers in the Chicago and Dallas/Fort Worth areas, as well as other major markets along […]
The National Customs Brokers and Forwarders Association of America said it supports the proposal by U.S. Customs and Border Protection to electronically publish notices of liquidation, along with suspensions and […]
NYK Ports acquired a 20 percent share in Maher Terminals, which operates the largest terminal at the Port of New York and New Jersey.
The Honolulu-based ocean carrier said the two vessels will be the first of their kind to serve the Hawaii-Mainland trade lane, operating fully on liquefied natural gas from day one […]
With the addition of the East Midlands Airport, the London Stansted Airport and the Copenhagen Airport, Etihad Cargo now has nine freighter destinations in Europe.
NEHDS Logistics names president, while CVI International appoints VP of business development and sales.
The Taiwanese government announced a $1.9 billion aid package for the country’s shipping industry, which both Yang Ming and Evergreen Line would be eligible for.
A new supply chain analytics benchmark study from American Shipper found that manufacturers are relying on analytics based on historical data almost twice as much as retailers and LSPs.
Michael Webber, a senior analyst at Wells Fargo Securities, cautioned the surge in freight rates and shipping stock prices seen in recent days may be “transitory.”
The 2M Alliance’s new TP3/Sequoia will commence Dec. 9 from Chiwan and will provide 12-day transits from Ningbo to Long Beach.
The Southern California port handled 581,808 TEUs in October, down 6.2 percent from a year prior.
The Boulder, Colo.-based supply chain technology provider 10-4 Systems will provide real-time tracking of products and raw materials to the nation’s largest brewery.
Marken, a global provider of supply chain services to the life sciences industry, said the new operational hub in Chicago is its sixth hub in the United States.
The Global Shippers’ Forum and the World Shipping Council square off on whether regulation of the container industry needs to be tightened.
The Southern California port handled 814,575 TEUs in October, marking the busiest month ever at a Western Hemisphere container port, according to data from the American Association of Port Authorities.
The Australian Competition and Consumer Commission’s case against Japanese ocean carrier “K” Line stems from alleged cartel behavior surrounding the shipping of automobiles to Australia between July 2009 and September […]
At least 10 Union Pacific train cars, one of which was filled with flammable materials, went off the tracks early Friday morning outside the southern Minnesota town, prompting a precautionary […]
The Port of Wellington’s general cargo and container wharf gates will remain tentatively closed through Nov. 22, but its oil terminal reopened today.
The Seattle-based airline became the first commercial carrier to power a flight with a mix of biofuel made from wood waste.
Maersk Group’s intra-Americas regional ocean carrier SeaLand said the NAE will add calls to Turbo, Colombia and Puerto Moin, Costa Rica.
Cambridge Systematics names CFO and the Chamber of Marine Commerce appoints president, while West Calcasieu Port re-elects board officers and IBIA’s chief executive retires.
A previous version of the AS Daily story “Canada’s trade deficit soars in September” from Nov. 8 did not specify the dollar amounts are in Canadian dollars.
The German ocean carrier’s third quarter profit surged from 3.2 million euros in the third quarter of 2015 to 8.2 million euros, despite a drop in revenues and freight rates.
A massive 7.5 magnitude earthquake rocked southern New Zealand Monday morning, resulting in marine terminal damage among ports in the region.
The Netherlands-based third-party logistics provider posted a third quarter loss of $41 million compared with a $51 million loss the previous year as revenues slipped 1.2 percent to $1.68 billion, […]
The all-cargo airline posted a throughput of 57,608 metric tons for the month, bringing the year-to-date total to 498,177 metric tons and breaking its full year freight volume record for […]
Although iron ore shipments from U.S. Great Lakes ports rose 5.4 percent in October from a year prior, loadings from Canadian ports tumbled 33.4 percent.
Bulk shipping company Korea Line Corp. has been picked over Hyundai Merchant Marine to acquire Hanjin’s operations between Asia and the United States.
Bulk shipping company Korea Line Corp. has been picked over Hyundai Merchant Marine to acquire Hanjin’s operations between Asia and the United States.
The Pittsburg, Kan.-based transportation and terminal services provider’s purchase includes 14 inland waterway facilities, four rail and truck terminals, and two deep water port operations across the southern and midwestern […]
Descartes Systems Group has acquired 4Solutions, an Australia-based provider of cloud-based business-to-business supply chain solutions, for about $2.7 million
Since last week alone, the index has fallen 4.1 percent to a reading of 825.10, with rates declining from Shanghai to Northwest Europe, the Mediterranean and the United States.
Rates from Shanghai to Northwest Europe fell 4.7 percent since last week, despite several major ocean carriers looking to increase rates on the trade in mid-May.
McDonough, Ga.-based transportation and logistics company Bennett International Group established BOSS Engineered Logistics to provide more neutral third-party logistics solutions.
The Northwest Seaport Alliance has lengthened its extended gates program to support the peak shipping season’s strong agricultural exports.
The German shipowner and breakbulk ship operator said it sees no signs of a recovery in the general economic conditions for the final quarter of the year.
Cindy Sanborn, chief operating officer of the Class I railway, told investors and analysts at the Baird 2016 Industrial Conference in Chicago the company expects an $0.08 impact to fourth […]
The Atlanta, Ga.-based parcel giant will spend $196 million to expand its Jacksonville, Fla. ground package hub to add more than 260,000 square feet to the building and automation.
The logistics provider and container terminal operator’s intermodal segment was especially successful during the period.
The parcel giant signed a 10-year lease with the Port Authority of New York and New Jersey for a 20,625-square-foot building adjacent to FedEx and UPS facilities at Stewart International […]
Bellevue, Wash.-based Radiant Logistics saw revenues for the quarter ending Sept. 30 fall 9.5 percent from the comparable prior year period to $191.5 million.
Port Tampa Bay appoints VP of operations, while DHL Supply Chain names managing director for its Hong Kong and Macau business.
The Austin, Texas-based publisher and intelligence company said that although pirate attacks will continue to decline, maritime threats, such as militant attacks, will still pose a considerable challenge to global […]
Although free trade deals can cause short-term job losses, the long-term economic gains far outweigh the costs.
Hyundai Merchant Marine and Korea Line have submitted bids for Hanjin’s Asia-U.S. route, and a deal is expected to be reached at the end of the month.
Courts in Tianjin Municipality sentenced 24 company managers and staff and 25 government officials for crimes related to the August 2015 warehouse explosion that killed at least 165 people and […]
Geneva, Switzerland-based Mediterranean Shipping Co. said it will form a new vessel sharing agreement with Maersk Line, Hamburg Sud and MOL on two Asia-Australia loops in May 2017.
Major container ports in the United States handled 1.6 million TEUs in September, down 6.6 percent from August and 1.6 percent from September 2015, according to the monthly Global Port […]
The new super post-Panamax container crane capable of moving cargo on and off 14,000-TEU ships was damaged during set-up.
Express carrier UPS said it will invest more than $400 million to build a 1.2 million-square-foot regional package sorting facility on Atlanta’s west side.
The integrated third-party logistics provider grew net profits in third quarter 2016 despite revenues slipping 7 percent year-over-year to 312 million Kuwaiti dinars (U.S. $1.03 billion), according to the company’s […]
FedEx Trade Networks, the freight forwarding subsidiary of FedEx Corp., has opened an office in Penang, Malaysia.
The Jersey City, N.J.-based bulk freight shipping services provider reported net income applicable to common stockholders for the fiscal year 2017 second quarter, which ended Sept. 30, tumbled 77.5 percent […]
Envirotainer appoints CEO, while B&H Worldwide names regional director for Europe, the Middle East and Africa.
Peter Keller, executive vice president of TOTE, which has put two containerships fueled with liquefied natural gas into service between Florida and Puerto Rico, chairs the group, SEA/LNG.
In addition, the Singapore Exchange confirmed the appointment of Mark Jackson as chief executive officer of the nearly 275-year-old Baltic Exchange, effective Jan. 31, 2017, according to a joint statement […]
Singapore’s sovereign wealth fund will acquire P3 Logistics Parks, Europe’s largest logistics real estate developer and property manager, from TPG Cambridge and Ivanhoé Cambridge, P3 said in a statement.
U.S. steel exports reached 795,318 net tons in September, falling 2 percent from September 2015, while U.S. steel imports totaled 2.74 million net tons, falling nearly 20 percent from last […]
Dunavant Global Logistics Group has opened an operation in Shenzhen and Hong Kong, in addition to acquiring longtime Mobile, Ala.-based customs broker John M. Brining Inc.
Jeffrey S. Musser, the president and chief executive officer of Expeditors International, said the company shipped record volumes in both air and ocean freight during the quarter.
Union Pacific Railroad has increased train speed from 40 mph to 60 mph on a 4-mile stretch between Plaza Parkway and River Road in Modesto, Calif., according to a statement […]
U.S. Customs and Border Protection agriculture specialists at the George Bush Intercontinental Airport in Houston found multiple egg masses and pests inside a commercial shipment of fresh Brazilian papayas.
CSX names vice president-industrial products, while Target appoints former Walmart logistics executive to senior VP of network planning and operational design, and the European Sea Ports Organization elects its next […]
The Bonn, Germany-based parcel carrier and logistics provider posted a third quarter 2016 net profit of 618 million euros, a significant increase from just EUR 49 million in third quarter […]
Federal Maritime Commission Chairman Mario Cordero said that as container carriers form new alliances and merge, they are seeking new powers, causing some nervousness among shippers.
Berkshire Hathaway-owned BNSF Railway Co. reported a net income of $1.02 billion in the third quarter of 2016 and $2.58 billion in the first nine months of the year, decreases […]
Matson said its profits for the third quarter of 2016 were lower than a year prior because volumes on its Hawaii and Alaska trade routes were “lower than expected due […]
Beef exports from the United States in September rose from a year prior due to stronger exports to Japan and South Korea, while pork exports picked up thanks to shipments […]
A federal court judge on Monday rejected a request by all-cargo aircraft operator ABX Air for a temporary restraining order against its pilots and their union.
The nation’s imports in September rose 4.7 percent from August to $47.6 billion Canadian, resulting from one large shipment of equipment from South Korea for the Hebron offshore oil project […]
California had the highest number of reported cargo thefts during the third quarter of 2016, accounting for 38 percent of reported incidents.
After several months in delays, Peel Ports’ £400 million (U.S. $494.9 million) Liverpool2 container terminal officially opened for business last week, according to a statement from the port terminal operator.
The U.S. Department of Transportation has tentatively selected American Airlines to operate a new daily nonstop service between Los Angeles and Beijing.
The airfreight and express wholesaler has acquired the 500-square-meter warehouse adjacent to its current facility at Cape Town International Airport, effectively doubling the size of its facility and tripling its […]
AirBridgeCargo Airlines will commence a twice-weekly Boeing 747 freighter route Nov. 15 from Oslo to support Norway’s thriving seafood export market and the country’s oil and gas industry, the company […]
