Greenbrier buys Rayvag majority stake
Acquiring a 68 percent stake in Turkish railcar maker will complement European expansion.
Acquiring a 68 percent stake in Turkish railcar maker will complement European expansion.
ITC decision authorizes the continued collection of antidumping duties on imports from Taiwan and South Korea.
Commission received petition from Sipco LLC on Aug. 6, to consider a limited exclusion order on such imports.
Veterans with dedicated training are given pass on knowledge exam.
From service withdrawals to scrapping, the industry tries to find balance.
Companies will have less paperwork and be able to work more closely after merger.
The Americans for Modern Transportation is speaking out against the American Short Line and Regional Railroad Association’s push for tax breaks.
The asset-light transportation and logistics company increased its net loss despite revenues rising 5.2 percent to $558 million.
The moves are designed to eliminate “bureaucracy and long-standing silos.”
The U.S. asked for arbitration to determine whether retaliation against the EU might be allowable; the EU followed with a request for formation of a separate dispute panel.
“Peak season is clearly upon us,” says executive director.
Global demand for air cargo grew 2.7 percent in June following increases of 4.2 percent in May and 5.2 percent in April.
Grosvenor International Systems provides customs and compliance solutions to the U.K. and European markets.
Abdul Rehman al-Dakhil and his aliases posted on Federal Register.
The Commerce Department in a countervailing duty investigation found evidence of government subsidies used by Vietnam to support exports of laminated woven sacks.
The Office of Foreign Assets Control prohibits U.S. residents from engaging in transactions with designated nationals.
USTR finalizes 25 percent tariffs on $16 billion worth of Chinese goods.
The global port terminal operator’s $765.4 million acquisition is part of a larger industry shift toward vertical integration.
Business leaders support maritime sector call for a pragmatic deal that enables frictionless trade.
Mail carrier and third-party logistics provider’s earnings dropped 14.3 percent year-over-year in the second quarter.
American Shipper is conducting research to better understand how technology is being leveraged to cope with uncertainty and volatility as trade tensions escalate.
Trump administration “has concerns with” the country’s compliance with Generalized Systems of Preferences criterion.
U.S. beef and lamb shipments to other countries increased.
Proceeds will be used to fund projects such as ballast water treatment systems and scrubbers.
A supplement to a court filing calling for an interim final rule specifies the drawback processing language the eight plaintiffs want finalized.
The container and railcar leasing company’s year-over-year net income increased more than 50 percent in Q2.
Agreement hailed as “important step in ensuring that American farmers and ranchers can continue to expand their exports.”
The global logistics provider reports strong performance in both business segments.
Sandler Travis attorney Lenny Feldman and Avalon Risk Management CEO Lisa Gelsomino will head up the Customs Operations Advisory Committee.
The Danish shipping conglomerate cited the freight rate outlook for the rest of the year and high bunker fuel prices.
As separate brands the combined companies will complement each other but provide economies of scale.
The United States’ deficit in goods and services trade climbed 7.4 percent in June after narrowing to its lowest level in 18 months in May.
The WCI surged 13.5 percent last week, while the SCFI grew 3.1 percent compared with the previous week.
Carriers are “desperate” to increase their fleets to keep up with demand, but supply is limited, according to FTR Transportation Intelligence.
Ocean carriers transported just under 14 million TEUs in June, a 1.3 percent increase from the same month a year ago.
The Class I railway benefited from increased volumes, higher average revenue per car/unit, a tight trucking market and a lower effective income tax rate.
“Canada remains disappointed with the final duty rates announced by the U.S. Department of Commerce,” says foreign affairs minister.
Alliance wants to ground FAA reauthorization bill provision it calls “dangerous” and “reckless.”
The Bureau of Industry and Security ruling aligns with amendment to International Traffic in Arms Regulations.
AAR senior VP says despite the continued strength of the U.S. economy, recent trade policy moves could have a negative impact on freight rail volumes.
Nominations to serve on the new Central California District Export Council are due Aug. 17.
The government insists it has the right to cancel concession contract.
The Bureau of Industry and Security never received a $30,000 payment required by Dec. 15 to keep the denial order suspended.
Measures will take effect at midnight, resulting from President Trump’s withdrawal from the nuclear agreement in May.
Drewry says economic fundamentals are likely to win out over tariffs and trade war fears.
Congestion, delays and bad weather created “a perfect storm” and led to $5.6 million net loss.
The multimodal transportation service provider plans to use proceeds from a potential sale toward new service lines, existing businesses and technology.
Hapag-Lloyd says inland transportation severely delayed because of extreme conditions.
Revenues growth of 17.7 percent attributed to yield improvement, higher shipments and tonnage, and increased fuel surcharge revenues.
The purchase of Panatlantic Logistic builds on two acquisitions in the sector last year.
Growth in North America attributed to higher fuel prices, lack of truck capacity and strong economic performance.
The purchase price for the flatbed carrier specializing in the transport of steel, aluminum and other metal products was $53.8 million.
The UPS Store will pack and send furniture and decor sold through online marketplace.
The Italian port concession would be the 21st marine terminal in the Turkish company’s portfolio.
Firms shed 1,300 jobs during July, but June hiring figures were revised upward.
Arbitrator finds government attempted to evade contractual obligations.
Foreign ministry charges the United States “has repeatedly betrayed the consensus reached by negotiations and accelerated the trade war unilaterally again.”
Increase on tariffs proposed across $200 billion worth of Chinese products from 10 percent to 25 percent designed to pressure China to “stop the retaliation against U.S. workers.”
Sen. Jerry Moran said lawmakers are “anxious to have answers as to when this might come to an end.”
The European Union said it will not allow the United Kingdom to continue benefiting from its customs procedures and duty collection once it exits the EU customs union.
Sen. Rob Portman objects to “misuse of the Section 232 statute to impose tariffs on automobiles and auto parts and its impact on Ohio jobs and the U.S. economy as […]
The National Defense Authorization Act includes several provisions to reform reviews by the Committee on Foreign Investment in the U.S. as well as export controls.
With no acquisition and integration costs weighing down profits, XPO Logistics has delivered net income growth for nine consecutive quarters.
The Hong Kong-based containership leasing giant’s net earnings shot up 140.5 percent.
“U.S. prices for both soybeans and soymeal are currently the most competitive on the market.”
Former Walmart logistics leader joins drone provider; longtime employee promoted to oversee branch operations.
Attorney Benjamin Trogdon joined the U.S. Federal Maritime Commission in 2000.
Sixty-six calves flown from South Africa to China via cargo hub in Russia.
An OOIDA Foundation survey found parking problems across the nation, safety issues and cost concerns.
The Trump administration has touted its staunch approach, requesting more employees and funds as antidumping and countervailing cases ramp up.
Delta Air Lines was sued when pricey Savannah kitten landed with a broken hip.
Ocean Network Express, formed by NYK, MOL and “K” Line, posts $120 million loss in the quarter.
Pilot project with Maersk seeks to uncover problems with improperly stowed or declared cargo.
The global third-party logistics provider’s net income jumped 43.3 percent year-over-year in the second quarter as revenues climbed 15.3 percent.
PEIR uses blockchain and digital image technology to allow users to prove they are not liable for container and trailer damage.
Six-month trial of Thor Trucks’ delivery vehicle will be conducted to determine its long-term suitability.
The Danish global transport and logistics provider saw year-over-year earnings growth in all three segments.
CEO Tobin Moore said the retail returns specialist will use the latest equity round to accelerate product adoption and further invest in research and development.
Carrier expects improved performance on all trade lanes except China and Guam and says its logistics business is booming..
The Bureau of Industry and Security said the Entity List designation is for “acting contrary to the national security or foreign policy interests of the United States.”
The Senate Commerce Committee on Wednesday approved by voice vote the nomination of Martin Oberman.
Medical examiner’s certificates and drug-testing forms were falsified and unsuspecting physician’s signature was forged.
Berwick Offray of Pennsylvania petitioned Commerce to launch an investigation.
Three companies charged with illegally transporting the contents of Crystal Geyser’s “Arsenic Pond”
Deadline for federal advisory committee nominees is Sept. 15.
American Shipper told administration could move to increase the rate of tariffs proposed against $200 billion worth of Chinese goods from 10 percent to 25 percent.
A spokesperson told American Shipper the move will not affect Uber Freight, the company’s on-demand trucking unit.
All eight containers have been moved onto the pier at the Port of Virginia’s Norfolk International Terminals.
Government-owned company’s CEO says Ashcroft Terminal offers an entry point into North American market and opportunity to increase intermodal and inland container depot operations.
Keith Lovetro will be succeeded by Jennifer Polli on Wednesday.
Grants to upgrade runways, taxiways, aprons and terminals will go to 522 of the nation’s airports.
The forwarder provides logistics services to some of the biggest names in music, live entertainment and sports.
Check out the latest hires and promotions in logistics, port management, transportation technology and maritime insurance.
Despite the sequential decline, year-over-year growth in the American Trucking Associations’ seasonally adjusted For-Hire Truck Tonnage Index continued.
The General Services Administration, along with the White House’s Office of Management and Budget, present road map for federal government’s future use of e-commerce.
The step up on the strategic trade authorization list means that exports of U.S. technologies controlled for reasons other than national security will be less restricted.
The action comes as the country maintains a policy raising tariffs on such products to 1,000 percent.
The freight transportation technology provider says customers can strengthen brand loyalty, meet on-demand expectations and lower costs while increasing productivity.
The Greek dry bulk vessel owner benefited from higher time charter rates and enlargement of its fleet.
New Japanese container carrier still expects to achieve profit of $110 million in current fiscal year.