Harren & Partner to acquire German heavy lift carrier
Bremen-based shipping company Harren & Partner reached a deal with “K” Line, Tokyo to acquire SAL Heavy Lift on Thursday.
Bremen-based shipping company Harren & Partner reached a deal with “K” Line, Tokyo to acquire SAL Heavy Lift on Thursday.
The air cargo industry is urging Capitol Hill lawmakers to keep up pressure on the Transportation Security Administration to expand its freight screening capabilities through the use of third-party explosive […]
The seasonally adjusted For-Hire Truck Tonnage Index stood at a reading of 138.5 in June, down 4.3 percent from the prior month’s reading of 144.7, according to the American Trucking […]
The Federal Trade Commission is investigating allegations that the e-commerce giant is using “deceptive discounting” measures in online sales, according to a report from Reuters news service.
The Dubai-based port terminal operator handled 34 million TEUs across its global portfolio of container terminals in the first half of 2017, with gross container volumes growing 8.2 percent year-over-year, […]
The Amsterdam airport saw the largest increases in Far East and Europe cargo volumes, with June figures coming in at all-time highs.
The all-cargo airline will combine its Constant Climate shipments under its “Critical” product to ensure emergency medical shipments receive highest priority, with trials first taking place in India and Europe.
The port’s total cargo throughput of 1.55 million metric tons, however, was still good enough to make fiscal 2017 the sixth-best year in Redwood City’s history in terms of tonnage, […]
Crowley names vice president of international business and development, ClearMetal appoints vice president of supply chain management, Anacostia Rail Holdings names vice president of its Pacific Harbor Line subsidiary, and […]
Early forecasts for ocean shipping are now being revised downward to reflect slower-than-expected volume growth.
Some of the biggest names in technology, including Jeff Bezos, Marc Benioff and Bill Gates, were involved in the latest funding round for Seattle-based freight matching marketplace Convoy.
Since the Clean Air Action Plan draft plan was released July 19, some entities that have a stake in the strategy, including the Pacific Merchant Shipping Association and Teamsters, have […]
Hyundai Merchant Marine (HMM) has seen a huge jump in volumes in the transpacific trade following the departure of fellow South Korean carrier Hanjin and the most recent carrier alliance […]
Singapore-based ocean carrier Pacific International Lines’ ties to African trades might make it an attractive candidate for buyers interested in gaining a foothold in the emerging market, according to industry […]
With Washington focused on health care laws and Republicans aiming for immediate tax reform, Trump’s infrastructure plans may not materialize until much later than anticipated, according to a recent report […]
Trucking and logistics provider Werner Enterprises’ net income for the second quarter of 2017 shot up 27 percent year-over-year to $23.2 million on the back of improved freight volume metrics, […]
The Northern California port could possibly see record setting peak-season import volumes, but cargo should still flow smoothly in and out of its terminals, according to Port of Oakland Maritime […]
The American Waterways Operators has released a study documenting the contribution of the U.S. tugboat, towboat and barge industry on the nation’s economy.
U.S. freight volumes across all modes will see 2.8 percent growth in 2017 followed by a 3.4 percent average annual increase through 2023, according to forecasts from the American Trucking […]
Infrastructure Advisory Council The President of the United States will establish an advisory council to investigate the nation’s infrastructure until December 2018. Investigation into roller bearings The International Trade Administration […]
The Malaysian port terminal operator saw net profit for the second quarter of 2017 fall 6.9 percent compared to the same 2016 period, primarily due to lower container throughput at […]
Launched in November 2015, BCG xChange aims to make it more efficient for ocean carriers to reposition empty cargo containers and has now introduced a new feature allowing users to […]
Air cargo pilot program The Air Cargo Advance Screening pilot program will be expanded to run for six months. Reinforcing bar determination The Department of Commerce determines dumping of imports […]
Two U.S. government officials said the crew of the USS Fitzgerald committed multiple mistakes and failed to take action leading up to a deadly collision with the NYK-operated ACX Crystal, […]
Kansas City Southern posted record second quarter revenues of $656 million, a 15 percent year-over-year jump, fueled by carload volume growth in four out of the Class I railroad’s six […]
The Senate Appropriations Committee has approved the FY2018 Energy and Water Development Appropriations Bill, which allocates $6.2 billion for the Army Corps of Engineers, up $190 million from FY2017 and […]
The port authority’s fiscal year 2017 saw a 6.7 percent volume increase compared to the year prior, with all cargo, including containerized cargo, reaching record fiscal year highs.
The new weekly service is being supported by three dedicated vessels providing direct transits through the Panama Canal between Miami and a handful of cities in Ecuador and Peru.
The National Shipping Company of Saudi Arabia’s net profit tumbled 51.6 percent year-over-year for the first half of 2017, but looking ahead, it plans to complete the establishment of a […]
The Qatar-based shipping and logistics company has launched a service with two loops and five weekly sailings between Qatar and Oman, according to a recent tweet.
Philly Shipyard has declined to name the entity that it signed the agreement with, saying only that it’s “a blue chip U.S. shipping operating company.”
The port saw substantial increases in eight of the ten market segments during the first half of the year.
As part of the study, the speed of participating vessels will be reduced through waters in the Pacific Northwest when it’s feasible and safe to do so, between Aug. 7 […]
The United Kingdom port terminal will get two new 59.5-meter cranes, while ten existing cranes will be raised to a height of 46.5 meters, the port authority said in a […]
The “Uber for shipping” start-up will be moving operations to San Francisco – and halting those elsewhere – in wake of decreased profitability, according to CEO Kevin Gibbon.
The U.S. Justice Department said Italian national Rosario La Marca, 54, will spend the next 37 months in prison for illegally smuggling counterfeit iPhones, iPads and iPods from China into […]
The Great Lakes region has seen steady economic growth, with cargo shipping increasing two million metric tons more in Q2 than during the same period last year.
The ground handling and air cargo services provider’s new 138,000-square-foot facility is equipped with two cold storages, 35 truck docks, and has adjacent aircraft parking with in-ground fueling and power […]
Genesee & Wyoming Australia appoints CEO, the Port Authority of New York and New Jersey’s board of commissioners selects a new vice chairman for the port authority, and Roadrunner Transportation […]
Although 19 states have passed laws regarding autonomous vehicles, they vary from state to state, posing challenges to the implementation of the technology, according to Larry O’Rourke, manager at global […]
OFAC Sanctions Sixteen people and entities have been placed on the Office of Foreign Assets Control’s Blocked Persons list. Defense Trade Advisory Group meeting The meeting is open to the […]
In addition, the Danish ocean carrier has implemented “different and further protective measures” in its cyber security in the wake of the June 27 Petya virus attack that all but […]
Global Container Terminals, which operates facilities in the ports of New York/New Jersey and Vancouver, Canada, appointed Doron Grosman president and chief executive officer, replacing Stephen Edwards, who served in […]
Despite removing 900 locomotives and 60,000 freight cars from operation and cutting 2,300 workers this year, those numbers will continue to go up, the railroad’s new CEO Hunter Harrison said […]
Overall cargo traffic at India’s ports is currently on pace to reach 1,758 million metric tons (MMT) in 2017, a massive 67 percent increase from 1,052 MMT in 2015.
In a filing with the World Trade Organization (WTO) on Tuesday, China said it would no longer accept solid and plastic waste imports, citing health and environment concerns.
However, the Eden Prairie, Minn.-based third-party logistics provider’s revenues for the quarter surged 12.4 percent year-over-year, driven by volumes growth across all transportation services.
Rehabilitation work on the 7,000-foot-long, 150-foot-wide runway is expected to take place during nightly airport closures and extended weekend closures to minimize the impact on operations, according to the Port […]
The international freight forwarding and logistics company recorded a consolidated net profit of 29.9 million Swiss francs (U.S. $31.4 million) for the first six months of 2017, up 37.2 percent […]
The U.S. Federal Maritime Commission this week proposed to remove several container carriers from its so-called “controlled carrier” list, due to the fact they are no longer majority owned or […]
The Mondovi, Wis.-based temperature-sensitive truckload carrier recorded a net income of $9.1 million and operating revenues of $171.5 million for the quarter, up 7.2 percent and 3.3 percent year-over-year, respectively.
The new intermodal rail service will feature double-stacked trains and will operate daily between the Port of Wilmington and Charlotte beginning July 28, said NC Ports.
Four men, reportedly from the former Soviet republic of Georgia, were found Thursday in shipping container aboard the OOCL Montreal at the Canadian port, and officials are treating this as […]
The inland Oklahoma multi-modal shipping complex handled a total of 1,325,816 tons of barge cargo for the month, according to recent data from the City of Tulsa-Rogers County Port Authority.
Trade doesn’t impact everybody equally, but that’s beside the point: trade can create jobs
Research finds use of FTAs by U.S. apparel importers in on a four-year downward trend.
New EZBook 2.0 enhancements make booking a chassis easier and faster, and give users more control over the transaction, according to chassis lessor TRAC Intermodal.
Global facilitation bodies haven’t kept pace with digital trade, meaning e-commerce isn’t as connective as it seems
The Long Beach Board of Harbor Commissioners approves the appointment of the port’s managing director of finance and administration, GCT appoints new president and CEO, BIFA elects national chairman, and […]
After more than a decade of negotiations, the U.S. Department of Agriculture and its Chinese counterparts on Thursday finalized the language of a new protocol that will for the first […]
A coalition of U.S. hardwood plywood makers wants to stem the tide of Chinese plywood imports
Trump’s team priority list provides some clarity on objectives, if few surprises
ATM investigation terminated The International Trade Commission has found a violation in the investigation and issued a limited exclusion order prohibiting the importation of infringing ATMs. Drug Supply Chain Security […]
Sources tell American Shipper CEO Stephen Edwards could be on his way out the door at Global Container Terminals, and an official announcement from GCT regarding what it has termed […]
The freight payment solutions provider has been compiling a national and regional index since 2010, but in the second quarter of 2017 made the data public for the first time.
President Trump’s decision to replace the FASTLANE federal infrastructure grant program means the Maryland Department of Transportation must reapply for funding to expand a critical intermodal tunnel outside the Port […]
In an industry as interconnected as global trade and transportation, a serious security breach like the recent Petya cyber attack on Maersk can have far-reaching implications for shippers and fellow […]
The latest reverse stock split by DryShips Inc., which is currently under investigation for securities fraud, takes effect on July 21, the same day the company’s common shares will begin […]
In its fiscal year that ran from July 2016 to June 2017, South Caroline Ports Authority handled 2.14 million TEUs an increase of 10 percent from the previous fiscal year […]
Canadian Pacific Railway saw revenues jump 13 percent to $1.64 billion during the second quarter of 2017 compared to the same period last year, according to the Class I railroad’s […]
The consolidation, which is expected to go into effect by Nov. 1, reduces the number of operating divisions on Class I railway Norfolk Southern’s system from 10 to nine and […]
A waterfront space near the Maine seaport may soon contain temperature-controlled warehousing and the new U.S. headquarters for Icelandic ocean liner Eimskip, according to a report from the Portland Press […]
Omaha, Neb.-based Class I railway Union Pacific reported earnings per share of $1.45 for the quarter, up from $1.17 per share a year prior and surpassing the Zacks consensus estimate […]
Delta Air Lines Cargo appoints director, cargo sales for the Asia-Pacific region; and the Transportation Trades Department, AFL-CIO’s executive committee elects president and secretary-treasurer.
The updated Clean Air Action Plan includes near- and long-term strategies grouped into four categories: Freight Efficiency; Energy Resource Planning; Freight Infrastructure Investment & Planning; and Clean Vehicles, Equipment Technology […]
China proposes stronger trade transparency China has proposed strengthening WTO disciplines on transparency and due process in AD and CVD proceedings. NAFTA panel review A request for a panel review […]
U.S. Rep. Brian Babin, R-Texas, has filed the ELD Extension Act of 2017 (H.R. 3282), which would delay the implementation of the electronic logging device mandate for commercial trucks from […]
CSX Corp.’s second quarter 2017 net earnings, revenues and volumes all increased from a year prior, as E. Hunter Harrison completed his first full quarter as chief executive officer of […]
U.S. Magistrate Judge Dave Lee Brannon ruled that Shipping and Transit’s litigation fit the definition of a “nuisance” lawsuit, under which the plaintiff filed multiple suits against a large and […]
The investor group, known as Nesta Investment Holdings Ltd., will pay $2.47 per share for Global Logistics Properties, about $11.7 billion total, one of the biggest-ever private equity buyouts of […]
U.K. Transportation Secretary Chris Grayling said that the vote was again being pushed back due to the timing of the country’s recent national general election vote.
Financial services firm HSBC has entered into a new supply chain finance partnership with GT Nexus, a provider of cloud-based business applications.
The Belgian port recorded year-over-year tonnage increases in the container, breakbulk, liquid bulk and dry bulk sectors for the first half of 2017.
The U.S. Department of Agriculture said a recent case of bovine spongiform encephalopathy (BSE) detected in an Alabama cow poses no risk to the food supply or human health in […]
Airfreight shipments in June increased 13 percent at Heathrow, 4.7 percent at Frankfurt and growth ranged from 18.7 percent to 7.9 percent in Slovenian and Bulgarian airports, according to Air […]
Abercrombie & Fitch and NCR Corp. have very different supply chains, but are connected by similar mindsets around data-empowered supply chain digitization initiatives.
Cotton exports to the Middle East and Asia have catapulted the 2016-2017 marketing year ahead by 70 percent over than the year prior, according to the latest USDA “Cotton: Markets […]
The new facility features temperature-controlled storage areas as well as a vehicle yard to storage, inspections and customs procedures, according to third-party provider Yusen Logistics.
Celadon Group, Inc. names chief executive officer and chairman, and the Port of Oakland’s board of commissioners elects board president.
Ex-Im Bank advocate group decries rescinding “Tied Aid War chest” and reducing bank’s budget
The Memphis, Tenn.-based integrator is still investigating the total damage done to its newly acquired subsidiary by the virus known as Petya, but the financial implications are most likely material, […]
EU-Mercosur trade negotiations The European Union and Mercosur initiated further trade negotiations, including customs, trade in good, barriers to trade, subsidies, and other topics. Negotiating objectives for NAFTA The U.S. […]
The Arizona senator has, for the third time, introduced legislation that would repeal, or at least amend, the Merchant Marine Act of 1920, better known to most in the U.S. […]
The Swiss-based third-party logistics provider has been busy this quarter, entering into new acquisition agreements as its second quarter net earnings grew 2.1 percent year-over-year to 191 million Swiss Francs […]
The ocean and air freight marketplace will integrate with Kuebix to provide users of the transportation management system with direct access to international rates via SimpliShip’s API.
Mid-sized carriers in niche markets have deployed 12.8 percent more capacity in the past six months, compared to 5.4 percent deployment growth for global alliance carriers, according to the latest […]
Terminals at the Port of Los Angeles handled more than 9.2 million TEUs during the fiscal year that ended June 30, a rise of 9.7 percent from the 8.39 million […]
The NACPC’s New Orleans pool is fleeted with new 40-foot chassis featuring radial tires, LED lights, ABS and auto-inflation systems that can be leased direct to motor carriers or beneficial […]
The Anchorage, Alaska U.S. Coast Guard station and Alaskan Department of Environmental Conservation towed the disabled Laura Maersk to safety after the vessel lost power over the weekend.
The Lowell, Ark.-based intermodal and trucking provider’s earnings per share of $0.88 for the quarter fell short of analyst expectations, but operating revenues rose 7 percent from the second quarter […]