The Memphis, Tenn.-based integrator’s subsidiaries – FedEx Express, FedEx Ground and FedEx Freight – will increase shipping rates Jan. 2, 2017.
The New York State Department of Environmental Conservation has informed Global Partners an air quality renewal permit for its oil terminals at the Port of Albany, approved more than four […]
The Cedar Rapids, Iowa-based trucking company has appointed Hugh Ekberg as group president and chief operating officer.
The Lonsdale Consortium, which comprises the Future Fund, QIC, Global Infrastructure Partners and OMERS, agreed to pay $9.7 billion Australian (U.S. $7.3 billion) to acquire a long-term lease to operate […]
State and city authorities in New York have filed a lawsuit in federal court seeking over $872 million from parcel giant UPS for the illegal delivery of more than 683,000 […]
The international express parcel carrier opened the Jakarta Gateway 530 at Indonesia’s Soekarno-Hatta International Airport.
The Westbury, N.Y.-based non-vessel-operating common carrier opened a new office in Durban, South Africa, operating as Oceanwide Logistics SA (Pty) Ltd. (OL South Africa).
Unishippers Global Logistics names chief executive officer, while the Transportation Intermediaries Association appoints chief of staff and Wabash National picks president.
Additional information has been provided to American Shipper by Vermeer, which clarified that CEVA is not overseeing ocean shipments from Vermeer’s global headquarters in Pella, Iowa, as was previously […]
Patrik Berglund, chief executive officer of Oslo-based ocean freight rate intelligence platform Xeneta, said Hanjin Shipping’s insolvency has “turned the market on its head,” but the real question is “how […]
A spokesperson from Hanjin told American Shipper Monday that 28 of the ships it operates have completed cargo unloading.
Guido De Ciccio, senior vice president, Operations Western Region at Canadian Pacific, is retiring after 40 years with the Calgary-based Class I railroad, CP said in a statement.
The Norwegian e-navigation technology and services firm will represent the maritime industry in the European Union’s ENABLE project, which aims to study safety issues surrounding the use of autonomous vehicles […]
The Singapore-based ocean carrier, the parent of which was acquired by CMA CGM earlier this year, will purchase slots on the French line’s Victory Bridge loop between Europe, the U.S. […]
While spot freight rates measured by the Shanghai Containerized Freight Index from China to Northwest Europe and the Mediterranean continued to rise, prices to the United States either remained the […]
The Russian cargo airline has commenced a twice-weekly Boeing 747 freighter service from Moscow to Seattle-Tacoma International Airport.
The International Longshoremen’s Association has reversed an earlier decision, and agreed to once again work ships operated by the now insolvent South Korean ocean carrier.
Exporters that rely on U.S. Export-Import Bank financing to secure large international deals are frustrated that the bank’s board currently cannot approve transactions of more than $10 million without a […]
Truckload pricing dipped another 2.8 percent for the month compared to August 2015, the sixth consecutive month of year-over-year declines, according to the latest Cass Truckload Linehaul Index.
The United States Export-Import Bank said starting Sept. 21 it will resume offering short- and medium-term financing in Argentina after being closed in the South America market to transactions for […]
United Airlines and DHL Global Forwarding will increase the number passenger services with refrigerated cargo capacity, as well as grow available cold chain storage for temperature-controlled cargoes, the companies said […]
Intermodal pricing dropped for 20th straight month compared with the prior year period, according to the latest Cass Intermodal Price Index, and analysts with Avondale Partners expect the trend to […]
Meanwhile, several ports along the Great Lakes have highlighted their success throughout the 2016 shipping season.
The airfreight carrier on Oct. 2 will commence a new direct weekly service between Luxembourg and Aguadilla, Puerto Rico for refrigerated cargo, the company said in a statement.
CEVA Logistics said it has secured a three-year contract to manage the European parts distribution for agricultural and industrial equipment manufacturer Vermeer.
The U.S. government in 2015 issued an estimated $804 million in duty drawbacks, less than 10 percent of the amount available to shippers, but upcoming regulatory changes should attract more […]
Contract orders for containerships are down 84.1 percent year-over-year so far in 2016, which is “exactly what the shipping industry needs,” according to Peter Sand, chief analyst at the Baltic […]
The typhoon caused a 14,000-TEU containership to destroy two quay cranes at the Port of Kaohsiung’s sixth container terminal after the vessel slammed into them, and local port officials believe […]
The Canadian port said it is looking into creating a breakbulk and bulk import/export terminal on Kaien Island, following the loss of breakbulk and general cargo capacity in 2007 when […]
The Singapore-listed containership owner and operator is unable to meet on-going coupon and principal payments on $100 million Singapore (U.S. $73.2 million) on 8.45 percent notes due May 2017, the […]
Despite the Port of Los Angeles reporting that August was its strongest month for container volumes since October 2006, the Port of Long Beach posted an 8.9 percent year-over-year drop […]
Aljex Software has joined with Triumph Business Capital to provide two working capital services to brokers, carriers and third-party logistics providers.
However, the Bellevue, Wash.-based third-party logistics and multi-modal transportation services company’s revenues for the fiscal year, which ended June 30, rose 55.7 percent year-over-year to $782.5 million.
Hamburg-based ship management company Hammonia Reederei sold the 3,100-TEU boxship Westphalia for scrap at a “weak” price of $240 per light displacement ton, according to a report from maritime news […]
The President of South Korea, Park Geun-hye, said corporate responsibility and moral hazards are creating adverse effects on its national economy and the government will not blindly support companies in […]
The Taiwanese ocean carriers have added new functions to their online systems in response to the unexpected service disruptions caused by Hanjin Shipping’s insolvency.
The mid-Atlantic port handled 235,511 TEUs of containerized cargo for the month, an increase of 7 percent from August 2015 and the busiest month in the port’s history, the Virginia […]
The new Copenhagen-based company LinerGrid said it uses advanced mathematical simulations to provide container lines with information in order to make decisions.
Global port terminal operator APM Terminals, a subsidiary of Danish shipping conglomerate AS Moller Maersk, will invest $40 million in cranes at the Pier 400 facility in the Port of […]
The Atlanta, Ga.-based parcel giant said it expects to hire about 95,000 seasonal employees for the holiday season.
A new Dutch Customs declaration, VENUE, will help shippers more efficiently import and export their e-commerce traffic through Schiphol.
The Omani port, which is equipped to handle the ultra-large containerships that have been entering service on the Asia-Europe trade, saw container volumes jump 29 percent year-over-year for the first […]
HACTL Development Holdings Ltd. in Hong Kong has entered into an agreement with Liaoning Airport Management Group Co. to develop a regional air cargo hub at Shenyang Taoxian International Airport […]
The German freight forwarder’s new 30,960-square-foot facility, located in Laredo’s Killiam Industrial Park near the World Trade Bridge, will become a certified foreign trade zone in October.
Dachser appoints managing director of European logistics in Germany, while FourKites names senior VP of business development.
Third-party logistics providers like Expeditors International of Washington have traditionally benefitted from disruptions in direct shipper/carrier relationships, according to a recent client note from William Blair Equity Research.
The Panama Canal will not raise tolls, even though its primary competitor, the Suez Canal, decided it will slash fees by more than half.
The Federal Railroad Administration said it has released $25 million in grants for 23 rail improvements projects in 14 states and the District of Columbia.
Union workers with the French trade union CGT is joining with other labor groups to protest a bill it says contravenes conventions of the International Labour Organisation relating to collective […]
Major container ports in the United States handled 1.63 million TEUs in July, up 3.2 percent from June and 0.7 percent from July 2015, according to the monthly Global Port […]
The container leasing company said as of Sept. 2, approximately 4.8 percent of its total owned and managed fleet, in terms of TEUs, was leased to the South Korean ocean […]
Nadeem Velani, current vice-president of investor relations at Canadian Pacific Railway, will replace Mark Erceg as chief financial officer on an interim basis, according to a statement from the company.
In addition, the South Carolina Ports Authority announced Monday its plans to develop a second inland port in Dillon, S.C. to support growth of intermodal container volumes and expand access […]
Watco Supply Chain Services has purchased BCM Logistics, a Clearfield, Utah-based provider of door-to-door intermodal services, for an undisclosed sum, according to a statement from the company.
CRST International said the Gardner acquisition will add about $400 million in revenue, along with over 2,400 drivers and 500 non-driver personnel to CRST, which already has over 8,000 company […]
RoadOne IntermodaLogistics looks to expand its operations in southern New England and business with the marine terminals at the Port of New York and New Jersey through its recent acquisition […]
Ed McCarthy, formerly the chief operating officer for CMA CGM America, has been appointed to serve as the chief operating officer for the Georgia Ports Authority.
As part of its integration with fellow state-run ocean carrier China Shipping, COSCO Holdings sold the vessels Na Xi He, Bu Yi He, Yu Gu He, Ha Ni He, and […]
The United Kingdom logistics and industrial property specialist will see Evander Properties directors Jeremy Greenland and Neil Dickinson become shareholders and take on senior leadership positions in the company, Peel […]
Combined United States carload and intermodal cargo volumes fell 5.7 percent in August despite a 24.7 percent increase in grain carloads compared with the same 2015 period, according to data […]
The so-called “Freight Shuttle System” was conceived to resolve one of freight transportation’s most pressing needs, moving goods 500 miles or less.
Jerry Moyes, founder and chief executive officer of Swift Transportation Co., said he will retire from the 50-year-old nationwide trucking firm at the end of the year.
The U.S. steel export trade remained week in July since the majority of steel the nation exports is destined for Canada and Mexico, which have both been dealing with economic […]
Ocean carrier CMA CGM of France, Germany’s Hapag-Lloyd and Hamburg Sud, and MOL of Japan issued general rate increases on various trades.
Vargo appoints former Target supply chain VP to president of its Vargo Adaptive Software division, while The International Air Cargo Association elects a board member and the European Community Shipowners’ […]
The now insolvent South Korean ocean carrier released a status update Monday on the 97 vessels it operates, which illustrated that 59 of these vessels are still waiting in open […]
The South Korean ocean carrier has started discharging cargo in Long Beach following a court order from a U.S. bankruptcy court on Friday to protect the carrier.
Electronics manufacturer Samsung said in court filings that “cargo owners are being held hostage,” while Maher Terminals said it “is not required to extend free credit to Hanjin, and should […]
Jon Slangerup announced his resignation as chief executive officer of the Port of Long Beach and accepted a position as chairman and CEO of a leading aviation technology company.
Although the Shanghai Containerized Freight Index remained fairly stable from last Friday, with the overall reading inching up 2.4 percent, rates spiked on the Shanghai to Mediterranean trade.
A chart constructed with data from BlueWater Reporting shows Hanjin Shipping’s impact on several prominent trades out of Asia, as several carriers are swooping in to launch new services, filling […]
Canadian Pacific Railway announced changes to its board of directors, including the appointment of Jill Denham and William R. Fatt, and the resignation of activist investor Bill Ackman.
Charlotte, N.C.-based Ridgemont Equity Partners closed on an equity investment in freight broker Nolan Transportation Group to support the firm’s “continued rapid growth,” the companies said in a joint statement.
The Berkshire Hathaway-owned Class I railway said its new intermodal service connecting Portland, Ore. and Seattle, Wash. with Dallas Fort Worth will provide comparable transit times to single-driver, over-the-road options.
The short line railroad affiliate of OmniTrax will raise the speed of trains on a 90-mile stretch of track between Birmingham and Gadsden, Ala. thanks to significant investment in track, […]
The Massachusetts Governor’s Office signed a letter of intent with three offshore wind farm developers to lease the 26-acre multipurpose New Bedford Marine Commerce Terminal as a staging ground for […]
Electronics manufacturer Samsung said in court filings that “cargo owners are being held hostage,” while Maher Terminals said it “is not required to extend free credit to Hanjin, and should […]
The newly established Drone Advisory Committee, which includes stakeholders from the aviation and unmanned aircraft industry, will meet at least three times a year to discuss the safe integration of […]
The U.S. Department of Transportation said the 18 infrastructure project grants awarded in fiscal year 2016 – collectively valued at nearly $800 million – will support $3.6 billion in infrastructure […]
The International Maritime Organization’s Ballast Water Management Convention now has enough vessel tonnage to bring the treaty into force, thanks to Finland signing onto the treaty.
The U.S. Coast Guard’s Marine Board of Investigation has reviewed the transcripts for the first public hearing session into the loss of the TOTE Maritime general cargo ship, which sank […]
During the month, Japan and South Korea continued to be top performers for beef exports from the United States, driven by strong demand for chilled beef.
Cargo aboard the 4,600-TEU Hanjin Scarlet is currently being discharged at the Port of Prince Rupert in British Columbia.
Several ocean carriers have decided to launch various routes in order to fill the void from Hanjin’s halted operation.
The world’s two largest container shipping carriers, Maersk Line and MSC, are beefing up their presence on the transpacific trade in the wake of Hanjin Shipping filing for receivership in […]
The U.S. Commerce Department said it has launched a nationwide technology competition to help the country’s seaports and users to develop efficient port information-sharing technologies.
The Dubai, United Arab Emirates-based port terminal operator won a 30-year concession for the development of a multi-purpose project at the Port of Berbera in the Republic of Somaliland, the […]
Cloud-based supply chain solutions developer ShipXpress has been acquired by GE Transportation, resulting in 200 employees from ShipXpress becoming a part of GE Transportation.
Net orders for North American Class 8 trucks totaled 14,000 units in August 2016, a 36 percent improvement from July, but a 35 percent decline from the same 2015 period, […]
The third-party logistics subsidiary of ArcBestSM agreed to purchase Sparks, Nev.-based truckload capacity provider Logistics & Distribution Services for $25 million, according to a statement from the company.
The German auto-maker’s truck and bus division will establish a joint venture with engine manufacturer Navistar International in an effort to collaborate on the development of new technologies in the […]
The cargo airline commenced a daily non-stop service between Los Angeles and Hong Kong.
Limestone shipments on the Great Lakes slipped 13.5 percent year-over-year in August to 3.4 million tons.
Japanese container carrier Kawasaki Kisen Kaisha could be targeted by Singapore-based hedge fund Effissimo, the firm’s largest shareholder as of early August, according to recent media reports.
Despite the recent increase in rates on major east-west trade lanes, the container shipping industry “remains mired in troubled waters,” according to the ocean freight rate benchmarking and market intelligence […]
The trade organization has called on terminals that are currently holding containers because of Hanjin’s financial troubles to release those containers immediately.
Members of California’s congressional delegation asked the federal government to get involved in the Hanjin insolvency, and Rep. Loretta Sanchez said Hanjin’s stranded ships may have goods needed to keep […]
The ocean carrier’s revenue declined to $3.5 billion ($3.3 billion excluding the contribution from NOL) from the $4.1 billion in the second quarter of 2015 as the persistent pressure on […]
French ocean carrier CMA CGM, Hapag-Lloyd of Germany and Hong Kong’s OOCL issued general rate increases.
The Halifax Port Authority appoints chairman and vice chairman, while Volga-Dnepr names head of energy and heavy machinery.
