The intermodal and trucking provider saw second quarter net earnings tick up 1.9 percent year-over-year to $105 million on revenues that grew 5 percent to $1.62 billion.
China International Marine Containers, the largest manufacturer of shipping containers worldwide, issued a profit warning to investors predicting a loss of 450 million yuan renminbi (U.S. $67.4 million) for the […]
The Massachusetts Port Authority revealed that shipping lines continue to indicate their intention to deploy 10,000-12,000 TEU containerships to the port, which just received its largest containership ever this past […]
Cargo volumes carried by U.S.-flag Great Lakes freighters fell 6.4 percent year-over-year in June to 9.65 million net tons.
JLL hires former Walmart executive as VP of retail/e-commerce distribution, while the Port of Oakland elects board president and the Vancouver Fraser Port Authority’s CFO to retire.
Rolf Habben Jansen, the chief executive officer of ocean carrier Hapag-Lloyd, said he believes consolidation in the shipping industry resulting from deals such as Monday’s merger agreement between Hapag-Lloyd and […]
The U.S. Department of Justice is launching a rare internal review of what went wrong in its failed pursuit of a case in which it charged the parcel giant with […]
One of BNSF’s two trains involved in the June 28 collision in Panhandle, Texas, which left three dead and one injured, passed through a stop signal at about 65 mph […]
About 450,000 TEUs of capacity is expected to be scrapped in 2016, which would be double the amount scrapped in 2015, according to the London-based shipping consultant Drewry.
A federal grand jury in Charleston, S.C. indicted Aegean Shipping Management S.A. and Aegeansun Gamma Inc. for conspiracy to hide illicit ship pollution.
The Senate on Friday confirmed Scott Darling to be the next administrator of the U.S. Transportation Department’s Federal Motor Carrier Safety Administration.
The cocaine was discovered aboard the MSC Poh Lin, which according to ocean carrier schedule and capacity database BlueWater Reporting, operates on MSC’s California Express service.
Victoria International Container Terminal has signed a syndicated loan facility worth $398 million Australian with seven financial institutions to support ongoing construction and development at Webb Dock East in the […]
The new British cargo airline, which commenced operations from its headquarters at London Stansted Airport in February 2016, plans to expand its airfreight network into North and South America later […]
Ocean carriers Maersk Line, CMA CGM and MOL issued general rate increases.
The deal will see Qatar Holding and The Public Investment Fund of the Kingdom of Saudi Arabia, majority shareholders of UASC, take 14 percent and 10 percent shares of the […]
Ocean carrier Hyundai Merchant Marine joining the 2M Alliance – comprised of Maersk Line and MSC – has fueled speculation about Maersk’s ultimate motives, but the short term impact is […]
Member carriers of the G6 Alliance have started the process of increasing average vessel size on the EUM/MED service by 16.1 percent, according to ocean carrier schedule and capacity database […]
Former Macy’s distribution center manager Rudy Rampertab pleaded guilty in the U.S. District Court in Cincinnati to one count each of mail fraud and money laundering.
United Arab Shipping Co. could sell off its UACC division, a tanker business for oil and petrochemicals, for more than $600 million as part of its plans to merge with […]
The Belgian port, which has been seeing a surge in ultra large containerships, handled 5 million TEUs during the first half of 2016, weighing 59.8 million metric tons, a year-over-year […]
Boeing’s subsidiary Aviall, which provides aftermarket supply-chain management services to the aerospace and defense industries entered into a collaboration agreement with Michelin.
The Hong Kong-based airline is expanding its presence in the United States with the addition of a twice-weekly scheduled landing at Oregon’s Portland International Airport.
U.S. Customs and Border Protection Office of Field Operations officers at the Tampa International Airport discovered the counterfeit rings in a shipment from China.
Federal Maritime Commissioner Richard A. Lidinsky Jr. said that ports in the United States must continue to expand and improve to handle rising container volumes in order to stay competitive […]
The Jacksonville, Fla.-based railway saw second quarter 2016 net earnings drop 19.5 percent to $445 million on revenues that fell 11.7 percent to $2.7 billion compared with the second quarter […]
Ports in the United States will benefit from the federal government’s effort to improve freight mobility with the so-called FASTLANE program, according to the credit rating agency Moody’s Investor Service.
The Southern California port saw cargo volumes rise 5.9 percent year-over-year for the first six months of 2016.
The U.S. Department of Transportation has proposed regulations to require that railroads provide state and tribal emergency responders with frequent and more detailed information to respond to oil train derailments.
Wallenius Wilhelmsen Logistics has agreed to plead guilty and pay a $98.9 million criminal fine for its involvement in a conspiracy to fix prices on international ocean shipments of roll-on/roll-off […]
Net orders for North American Class 8 trucks in June fell 8 percent from May and 34 percent compared with June 2015, according to preliminary data from freight forecaster FTR […]
The Israeli ocean carrier will implement software provider INTTRA’s eVGM service, which will help shippers comply with the new verified gross mass rule that took effect July 1.
The third-party logistics company is closing a distribution center in southeast Memphis, which will result in the largest lay off announced by any company in the Memphis metro area so […]
August is still expected to be the peak shipping month this year, even though volumes during the month are forecasted to be lower year-over-year, according to the monthly Global Port […]
The Southern California port attributed the 3.4 percent year-over-year increase in container volumes in June to rising imports, which jumped 5.5 percent year-over-year.
Representatives from the maritime and oil and gas sectors have joined forces to create the SEA/LNG group, which aims to accelerate the widespread adoption of liquefied natural gas as an […]
Chris Spear, the new president and CEO of American Trucking Associations, began his tenure leading the industry group by removing the now-former executive vice presidents of finance, communications and advocacy.
The Commerce Department on Tuesday recommended countervailing duties be assessed on imports of stainless steel sheet and strip from China.
The board of directors of Canadian Pacific Railway Limited declared a quarterly dividend of $0.50 Canadian (U.S. $0.38) per share payable Oct. 24 to shareholders of common stock.
The freight division of Emirates, which commenced import cargo flights from Dubai to Columbus, Ohio’s Rickenbacker International Airport last year, said it plans to add frequencies, services and staff to […]
The e-commerce giant will add an 855,000-square-foot fulfillment center in Kansas City, Kan. that will ultimately employ more than 1,000 workers, its second such facility to be slated for the […]
Iron ore loadings from the United States on the Great Lakes and St. Lawrence Seaway in June primarily originated from Two Harbors, Minn. (1.4 million tons), followed by Superior, Wis. […]
Vessel operators Marguisa, Maersk Line, Arkas Line and ZIM, along with slot takers CMA CGM and Hapag-Lloyd, will add calls to La Spezia and Genoa to their joint WAS service […]
APM Terminals has been unwittingly entangled in a bribery scandal surrounding Guatemala’s former president Otto Perez Molina as a result of its purchase of Spanish port operator Grup TCB, according […]
The $46.5 million intermodal hub in Cedar Rapids will cover 75 acres next to the Smith-Dows railyard.
Both carriers have refuted analyst reports that industry leader Maersk Line intends not just to bring Hyundai Merchant Marine into the 2M Alliance it shares with MSC, but to merge […]
The European Commission has opened two separate in-depth probes into corporate tax exemptions granted by the French and Belgian governments to ports in an effort to determine if such benefits […]
The United Kingdom’s decision to leave the European Union, the refugee crisis, recent terror attacks, and low inflation levels were among the reasons the Washington-based fund lowered its projection for […]
Two dozen neopanamax vessels have transited the expanded Panama Canal since it opened June 26.
The Seattle-based terminal operator’s new Tuxpan Marine Terminal in eastern Mexico received its first customer last Monday with the arrival of the 4,178-TEU Hammonia Venetia.
Meanwhile, beef export volumes in May rose 12.4 percent year-over-year, while beef export value fell 4.2 percent year-over-year.
Meanwhile, longshoremen at the Floridian port on Tuesday will begin offloading cargo from the MOL Majesty, a 6,724-TEU vessel that transited the Panama Canal’s new locks last week.
The United States saw steel export volumes in May rise 1.1 percent from April, but fall 7.7 percent from May 2015, according to the American Institute for International Steel.
USAT Logistics announces half a dozen management hires and promotions, while the Northwest Seaports Alliance names operations service center and port operations heads.
The massive $5.3 billion project comes with “considerable safety concerns,” which could lead to accidents and delays for shippers and higher claims for insurers, according to a new report from […]
The French ocean carrier’s transatlantic service will use the SSA Marine Terminal at the Port of Tuxpan, which is well positioned for cargo moving to and from Mexico City.
With spot rates at historic lows, carriers “can ill-afford to flood the market with excess capacity,” the London-based maritime consulting firm said in the latest issue of Container Insight Weekly.
Transportation and logistics companies cut 9,400 positions last month, following revised increases of 3,600 in May and 10,100 in April, according to recent preliminary data from the U.S. Department of […]
The San Francisco, Calif.-based private equity investment firm said its purchase of the global supply chain solutions provider will allow Elemica to expand its client offerings and accelerate the time […]
The Dayton, Ohio-based less-than-truckload carrier now has 49 service centers throughout the United States Midwest region.
Terminal operators at the Ports of Los Angeles and Long Beach announced an increase to the Traffic Mitigation Fee, which is collected on cargo moving through terminals during peak hours.
Terminal operators at the Ports of Los Angeles and Long Beach announced an increase to the Traffic Mitigation Fee, which is collected on cargo moving through terminals during peak hours.
While Xeneta said rates could continue to fall due to the Panama Canal expansion, London-based firm Drewry said it projects freight rates will rise modestly over the next 18 months.
The Northern California port’s new near-dock rail facility received its first train, which transported animal feed from the Midwestern United States for export to customers in the Far East.
The terminal operator has joined a group of Nova Scotia business leaders and investment company Cyrus Capital Partners L.P. in plans to build 315-acre marine container terminal on the Strait […]
A division of Norfolk Southern Corp. has reached a settlement with the U.S. Department of Labor’s Office of Federal Contract Compliance Programs to resolve allegations of race-based hiring discrimination.
Combined United States carload and intermodal cargo volumes fell 6.3 percent for the month compared with June 2015 and 7.4 percent for the half of 2016, according to data from […]
Non-vessel-operating common carrier American Fast Freight has acquired Global Transportation Services, an international freight forwarder, customs broker and logistics services provider.
The Packer Avenue Marine Terminal at the Port of Philadelphia will receive two new super post-panamax container cranes, which are expected to arrive and become fully operational in late 2017.
The European Commission said new rules will take effect this December, which are aimed at increasing price transparency in container shipping.
The U.S. Department of Transportation has proposed a selection of eight U.S. airlines to start scheduled flights from various airports around the United States to Havana, Cuba this fall.
Ocean procurement software provider Xeneta reported freight rates may further decline as carriers seek to fill larger ships that are now capable of transiting the expanded Panama Canal.
Hindered by weak world trade and increasing capacity, demand growth for air cargo slowed to just 0.9 percent year-over-year for the month, according to the International Air Transport Association.
Baltic Container Terminal in the Port of Gdynia and Adriatic Gate Container Terminal in the Port of Rijeka, both owned by International Container Terminal Services, are the newest members of […]
The Intermodal Association of North America said the web portal component of its new online platform to facilitate so-called “street turns” for its members is now available, and it will […]
The parcel carrier and logistics provider’s DHL Freight division has expanded its rail transport offerings to and from Asia and North Africa via its hub at Duisburg to include direct […]
Annualized turnover rates at large truckload fleets fell 13 percentage points to 89 percent, while turnover at smaller fleets slipped 1 point to 88 percent in the first quarter of […]
The shipping and logistics provider’s smart locker program, which provides alternate delivery locations at convenience stores and other spots, is being expanded from nine locations in Chicago to 300 locations […]
German logistics provider DB Schenker entered into a partnership with the online freight shipping marketplace uShip for exclusive collaboration in Europe.
Japanese automobile manufacturer Mazda has chosen the Port of Gothenburg as its new port of entry for its cars imported into Sweden.
The cargo airline will launch a service to and from Wichita, Kan. next week.
The Halifax Port Authority extends CEO’s contract, while HubTran appoints business development director.
The July 7 AS Daily news report IATA: Airfreight volumes fall in May incorrectly stated that air cargo volumes fell 0.9 percent in May 2016 compared with the same […]
The U.S. Department of Transportation has announced 18 proposed grant awards totaling $759.2 million in funding for nationally significant transportation infrastructure projects under the Fixing America’s Surface Transportation (FAST) Act […]
The 10,000-TEU MOL Benefactor, currently serving on the G6 Alliance’s Asia-U.S. East Coast NYX loop, will be the first container vessel to call a USEC port after transiting the newly […]
South Korean ocean carrier Hyundai Merchant Marine will increase capacity on its Korea-Middle East KMS loop and introduce a new China-Middle East CME service in an effort to boost its […]
The National Transportation Safety Board will hold a roundtable discussion Wednesday, July 13 regarding the safety of transporting crude oil, ethanol and other flammable liquids by rail.
The banana and fruit company will return to its previous location in North Harbor at the Port of Gulfport in Mississippi and will expand operations into Terminal 1.
The French ocean carrier began operating the Kingston Container Terminal last Friday under a concession it won last year.
SWISS WorldCargo, the airfreight division of Swiss International Air Lines Ltd., will launch the first of its new regional Bombardier CS100 cargo planes July 15 to replace its aging fleet […]
In addition, the railroad transportation equipment manufacturer’s revenues for the third quarter of its fiscal year 2016 fell 8.4 percent from the previous quarter, primarily due to lower volume of […]
American Airlines Cargo will operate its busiest summer schedule ever to and from Ireland in 2016, with direct flights to Chicago, Charlotte, Philadelphia and New York, according to a statement […]
Claudio Bozzo, chief operating officer of liner carrier Mediterranean Shipping Company, joins the World Shipping Council board.
The rating agency acted negatively to the idea that the A.P. Moller – Maersk conglomerate could potentially choose to divide into separate companies, noting the split could hurt the group’s […]
The London-based firm said it projects that container freight rates will rise modestly over the next 18 months from the all-time lows reached recently, but it won’t be sufficient enough […]
Richard Forson, current chief financial officer of the all-cargo airline, will succeed Dirk Reich as president and chief executive officer effective Aug. 1, according to a statement from the company.
Canadian Pacific Railway last week began the process of cutting 500 track maintenance workers, a move that has officials with the Teamsters Canada Rail Conference raising concerns about safety, the […]
The terminal operator said all of its gate operations are running normally, with vessel schedule integrity remaining unaffected by the new verified gross mass rule, which took effect last Friday.
The American Trucking Associations has appointed former senior vice president of legislative affairs Chris Spear to succeed Bill Graves as the organization’s next president and chief executive officer, effective July […]
The London-based shipping consultant reported that OOCL of Japan was the most reliable container shipping carrier in May, with an on-time performance score of 81.1 percent.
