As the United States and China continue discussions on trade after U.S. and Chinese tit-for-tat tariff threats in March, Commerce Secretary Wilbur Ross noted talks are still early, but won’t […]
CSIS political economy analyst tells Senate Foreign Relations Committee panel that more federal coordination with smaller governments would help counter an international rise in state capitalist policies.
The New York City Economic Development Corporation has invested more than $115 million to reactivate the terminal as a shipping hub.
The U.S. Justice Department is stepping up its efforts to penalize companies that engage in bribery with foreign government officials.
The first-of-its-kind notification filed under the World Trade Organization’s Committee on Agriculture claims India “substantially underreported” its market price support.
The company continues to focus on organic growth and expanding its footprint in the refrigerated market.
The global logistics company thrived from a lower effective tax rate and higher ocean and airfreight volumes.
A contract is extended, a chairman is elected and industry leaders are promoted in Europe, Asia and the United States.
The Virginia Port Authority plans to launch the Navis N4 terminal operating system this weekend at Virginia International Gateway, which also will see new container stacks coming online this month […]
The transportation management system provider has integrated real-time messaging and notification to its TMS as a replacement for inefficient emails.
The shipyards group’s Sylvia Boe has been named president of the Netherlands chapter of WISTA.
The Italian logistics and freight forwarding company opens for additional offices and acquires a freight forwarder.
The route is being added to meet the demands of South Africa’s manufacturing sector.
Loadings trailed the month’s five-year average by even more — 33.3 percent.
ClipperMaritime says carriers need to be careful how they cascade larger containerships into new trade lanes.
American Shipper’s latest webinar, “Supply Chain Reaction: The Real Impact of Visibility,” lays out how BASF teamed up with MacroPoint to develop a web-based system to track shipments.
Impact to shipping hinges on eastbound transpacific volumes, says analyst Peter Sand.
After the race to consolidate, the world’s container shipping industry must resist injecting too much new capacity into an already volatile market.
Union says crew cuts and long hours worked are threatening safety.
The mail and logistics company’s revenues for the quarter were driven down by negative currency effects and the sale of Williams Lea Tag.
Navios companies also appear to be pursuing a similar strategy.
The Class I railway reported a net income of $1.1 billion on revenues of $5.6 billion.
Asian demand drives volume; a bigger growth spurt is likely this fall.
This was the first April since perhaps the 1850s during which no iron ore was shipped from Escanaba, Mich.
The companies are jointly developing technologies to enhance vessel reliability and save energy.
The company has the largest pool in the region with more than 18,000 chassis.
CFO says it’s critical to have a seat at the table.
President Trump on Tuesday announced the U.S. withdrawal from the Iran nuclear deal, which will bring back a wave of sanctions after 90- and 180-day wind-down periods.
The Trump administration may not trumpet it, but U.S. export control reform continues unabated and exporters should stay tuned.
A delegation in Beijing last week worked on “improving China’s protection of intellectual property and identifying policies that unfairly enforce technology transfers.”
While traditional big city freight hubs grapple with congestion, a new crop of rural inland ports is springing up as shippers look for efficiencies.
North American intermodal volumes grew 7.2 percent for the quarter thanks to a strong economy, higher fuel prices and an ever-tightening truck market.
The asset-based truckload carrier intends to list its Class A common stock on The New York Stock Exchange under the symbol USX.
The acquisition increases the domestic freight forwarder’s presence in the U.S. mainland-to-Alaska market.
Transit touted as faster than ocean and cheaper than air.
Chris Nester will oversee the financial operations of the transportation management services and logistics technology solutions provider.
The global logistics provider reported revenues rose 16 percent year-over-year.
The 104-year-old waterway also is increasing the maximum beam for vessels transiting the locks.
Safety, project controls and workforce and business development are the focus of new roles.
Export assistance programs, trade enforcement authorities will come before the subcommittees on Wednesday.
Prime minister seeks ways to lower logistics costs and says Lach Huyen holds the key.
FedEx, UPS, XPO and Amazon are among the companies calling for an increase in the national standard; on the other side of the road is the Truckload Carriers Association.
Drewry study says manual processing and “cash against documents” are costly for liners, forwarders and NVOCCs.
FMC commissioner addresses changing container-shipping landscape and ongoing investigations.
After moving in different directions the previous week, both the SCFI and Drewry WCI gained ground last week.
Customs commissioner tells NCBFAA a lot of work remains to be done.
Multiple accidents have put automated cars and trucks in the hot seat.
A two-page proposal that will be considered in June could postpone the release of a final World Customs Organization framework for another year.
SeaIntel says if charter rates for feeders increase, the pricing spread between services calling direct port-port pairs and transhipment products could widen.
The bureau received 53 formal comments in response to an advance notice of proposed rulemaking for transactions in which a foreign buyer contracts with a U.S. agent to facilitate exports […]
The cooperative effort allows the two carriers to manage sales and bookings for standard and express shipments between Europe and the U.S.
Stock in the third-party logistics provider began trading on the SIX Swiss Exchange on Friday at an initial price of 27.50 Swiss francs per share.
The London-based containership owner and operator has extended an order for five 11,000-TEU vessels from Hyundai Heavy Industries with an additional four 14,000-TEU ships.
The world’s second-largest container carrier has signed a 30-year concession agreement with Abu Dhabi Ports.
According to the latest Cass Freight Index Report, the continued growth of shipments “is yet another data point confirming that the strength in the U.S. economy continues to accelerate.”
Port of Los Angeles says reforms are a “step in the right direction.”
Shipping lines need to reach agreements with GE Transportation in order for the PierPass 2.0 program to move ahead.
The LTL holding company recorded a net loss of $14.6 million, compared to $25.3 million last year.
The Hong Kong-based containership lessor reported a net profit of $67 million for the quarter as revenues rose 11.7 percent to $244 million compared with the same 2017 period.
The aircraft manufacturing giant will acquire KLX in a deal valued at $4.25 billion.
The $69.3 million deal includes 16 pressure barges with an aggregate capacity of about 258,000 barrels.
The strong growth came despite a slight year-over-year decline in transport volumes.
Transportation and logistics companies added another 400 jobs during the month following three consecutive monthly gains, according to recent preliminary data from the U.S. Department of Labor.
Total U.S. freight rail shipments climbed another 5.1 percent for the month following year-over-year gains of 5 percent in March and 3.3 percent in February.
Lou Rivieccio is named president of UPS Europe; Hapag-Lloyd appoints Lars Christiansen and Dheeraj Bhatia as region leaders.
The bi-weekly transpacific air freighter provides additional capacity as volumes grow
Deliveries provide significant uplift in capability in the region
Switcher units are being repowered at a Progress Rail facility
New Jersey governor sets up task force; California Supreme Court revises test for determining if a worker is an independent contractor.
The administration has reached agreements with South Korea, Argentina, Australia and Brazil regarding the imposition of tariffs on imports of steel and aluminum and extended negotiations with Canada, Mexico and […]
Commissioner asks for documentation as the FMC considers restricting ocean carriers’ ability to assess detention, demurrage and per diem fees.
CEO Bradley Jacobs reports “healthy” diversification of customer verticals and service lines, continued growth in e-commerce demand and a record $972 million in new business secured in the first quarter.
Conclusion of pilot Customs program has been pushed back from July to December.
The multimodal transportation services provider is adding about 800 trucks and 4,000 containers.
The global third-party logistics provider has its sights set on further investing in technology after posting a year-over-year increase in revenues of nearly 15 percent.
A.P. Møller – Maersk’s new financial reporting structure, effective from the first quarter, coincides with its strategy to become a global integrator of container logistics with one bottom line.
Global demand for air cargo ticked up 1.7 percent for the month, the slowest pace in 22 months, according to the latest data from the International Air Transport Association.
New office in Tema, Ghana will oversee the German carrier’s operations in West Africa.
The Danish global transport and logistics provider posted profits of 769 million Danish krone (U.S. $123.4 million) for the quarter, a year-over-year increase of 14.9 percent.
Overall average revenue per TEU increased by 8.3 perent compared to the first quarter of last year.
Deringer’s director of customs affairs and compliance vows to focus on protecting the industry.
The $5 million investment will enhance service for Florida importers and exporters
Carriers often mount efforts to extend the defenses and protections they enjoy under the Carriage of Goods by Sea Act to their agents and subcontractors.
The ocean shipping booking platform provider is piloting an automated container freight rate management system as part of a greater effort to drive data digitization and communication across the industry.
Terminal operator reports higher first-quarter container volumes.
Several firms filed substitution drawback for distilled spirits after the new process debuted in ACE, but Treasury has not decided whether such products will qualify.
A mechanism for continuous, supplemental bonding for importers subject to AD/CV duties will go before a committee in June; a Customs Trade Partnership Against Terrorism test likely will wrap up […]
The tech-focused freight forwarder landed $100 million in funding from Chinese parcel courier SF Express, a move company officials say will accelerate the expansion of its global logistics operations.
David Sullivan, Michael Poole and Mirja Nissen land new jobs
Company expects improvements in core Hawaii and Alaska trade lanes.
The short-line and regional railroad operator is actively evaluating acquisition and investment opportunities after drastically increasing its net income and revenue.
The Great Lakes Seaway Partnership says a shutdown could cause the loss of 11 million jobs.
The partnership aims to replace 10 percent of traditional jet fuel with local, sustainable supply in 10 years.
Industry groups are calling for a Federal Maritime Commission investigation of changes planned by container terminals in Los Angeles and Long Beach.
The 104-year-old waterway is expected to handle 244 transits from liquefied natural gas tankers this fiscal year.
The revised OffPeak program is expected to ramp up in August.
Chicago-based 3PL acquires freight management services division of ROAR Logistics.
The largest port on the U.S. East Coast handled 1.68 million TEUs during the first quarter, keeping it on pace for another record-breaking year in 2018.
The Chicago-based freight broker and third-party logistics provider posted a net income of $4.7 million in the first quarter of 2018 compared to a $2.9 million loss in the same quarter a […]
North America’s largest provider of truckload services reported a net income of $70.4 million in its second full quarter of post-merger operation.
