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.
The asset-light trucking company posted a net income of $57.47 million, revenues of $1.05 billion.
Associated British Ports and Volga-Dnepr announce appointments, and two female leaders are tapped for new positions.
A 190,377-square-foot distribution facility is expected to be available in Q1 2019.
DOT alleges Envision Engineering invoiced for deicer it never applied.
Federal Railroad Administration points to lowest injury rate among employees.
The transportation firm strategically located its 12th facility.
Inflight entertainment system designer has agreed to pay a $137.4 million criminal penalty to settle charges that it violated the Foreign Corrupt Practices Act.
Trade groups say the legislation doesn’t go far enough; Teamsters say it goes too far.
The $8.4 billion stock-for-stock transaction is expected to close in the third quarter.
Interior hubs are providing cheaper and faster options for transporting goods as volumes rise and consumers demand quicker deliveries.
Chinese carrier sees container volumes rise, except on the trade lane between Asia and Europe.
Drewry says leasing companies are expected to own 54 percent of the world’s shipping container fleet by 2020.
DOT outlines exemption procedures for air taxi operators planning commercial drop-offs
Industry veterans Marty Freeman, Paul Bell and Ian Scarffe take on new roles.
Elemental sulfur would be added and potassium acid tartrate would be reclassified.
High-tech cruise terminal is the largest project in the port’s history.
Initial work will make the narrow-gauge rail line system technically and economically operable.
The baseball team is considering Howard Terminal as stadium location
Shippers, logistics service providers and trade software firms can integrate existing solutions with Vault using only a few lines of code.
After suffering sustained losses in recent months, one measure of container freight rates spiked 12.8 percent last week, but another slipped 1.9 percent from the previous week.
NYK Line, MOL and “K” Line, which combined forces April 1 as the Ocean Network Express (ONE), reported a combined loss of $136.6 million in their last fiscal period as […]
Testifying Thursday before a House Energy and Commerce subcommittee, Trump administration officials pushed for passage of the Foreign Investment Risk Review Modernization Act of 2017.
The comments from the Maersk Group CEO come amid a precipitous drop in container freight rates that could threaten carrier profitability in 2018.
The Parliamentary Transport Committee has requested industry input for its review of potential effects on freight transport operations and infrastructure as the country splits from the European Union.
The less-than-truckload motor carrier posted an on-time delivery rate of 99 percent during the quarter as well as higher net income and revenues.
The annual growth rate of 2.3 percent in the first quarter is down from 2.9 percent the previous quarter.
The Class I railway increased net income, revenues and volumes during the quarter from the prior 2017 period.
The trucking and logistics company’s operating revenues for the first quarter of 2018 surged 20.6 percent year-over-year to $156.7 million.
A logistics powerhouse in Africa, the French company allegedly “provided discounted communications advice” in Guinea and Togo in exchange for licenses to operate container ports.
An industry association elects 2018-19 officers and Air Partner appoints interim chief financial officer.
Former CIA director Mike Pompeo gets the nod in a 57-42 vote.
The airline delivers enough limes for 1 million margaritas
The Southern California Chapter of the Construction Management Association gives the port two prizes for recently completed projects.
An unsolicited proposal outlines a vehicle for carrying passengers between the ballpark and Los Angeles Union Station
Proprietary mini tankers can fill up fleets in Texas and California
Expansion of all-cargo services is designed to support pharmaceutical, aerospace and automotive customers.
Lufthansa IT experts help equip the unit load device with new functions
Yusen Logistics will manage all inbound, storage, picking and value-added activities
The Kampala location will focus on the surge of industrial projects in East Africa.
China featured prominently in the Special 301 Report for the 14th consecutive year.
The U.S. Postal Service and Customs and Border Protection have been ramping up efforts to stop shipments of fentanyl, which largely arrive in the United States from China.
The union representing about 25,000 CBP officers cites “forced overtime shifts, multiple deployments away from home and low morale.”
Deferral of ship deliveries will improve supply-and-demand balance for liner companies.
The U.S-China Bilateral Maritime Consultations also included talks on competition and efficiency in the U.S. container shipping industry.
The total value of U.S. cross-border trade with Canada and Mexico increased for the 19th straight month in May.
The total value of cross-border trade between the United States and its partners in the North American Free Trade Agreement rose 8.7 percent year-over-year to $86.47 billion in February.
The Atlanta-based parcel giant saw its net income jump 15.4 percent year-over-year to $1.3 billion, led by double-digit profit growth in the international, supply chain and freight segments.
The weekly service was discontinued in 2005 following Hurricane Katrina.
The agency also has been taking a “really strong look” at forced labor used for imported goods.
Annual report lays out strategy for domestic and overseas multimodal transport and inland services.
Dale Spencer and Andreas Maierhofer have new roles.
The port terminal operating arm of the Chinese state-run conglomerate reported net earnings of $69 million, an 84.3 percent increase from the prior year.
Move follows consolidation of its liner business with that of Japanese competitors.
Further gains likely as port adds capacity to handle temperature-controlled cargo.
Economist says, “The levels of freight will remain good going forward.”
Winsor Hill Hauling and CDE are charged with conspiracy and false statements.
Calista is intended to be an open and global digital supply chain orchestration platform other port and logistics providers can use.
The move comes one year after the freight forwarder launched service in the other direction.
Mississippi man accepted cash in exchange for falsified paperwork
Internet of Things provides more transparency in fleet management
The 315,000-square-foot facility will house forwarding, warehouse and distribution operations
Senators are told, “American cargo owners are saying their equipment is getting stuck, their cargo is getting stuck at these inland places.”
A controversial provision that would have privatized the nation’s air traffic control system has been dropped.
The shared-space distribution model is designed to shorten transit times without adding overhead.
The Class I railway increased its year-over-year net income, revenues and volumes.
Kenneth Wagers is named COO and Troy Cooper is promoted to president.
The companies believe FBX will set the stage for future derivative financial instruments.
Oregon Congressman Pete DeFazio is “hopeful” money will be dispersed from the projected $10 billion Harbor Maintenance Fund balance.
Airfreight tonnage rose by more than 20 percent, with strong growth recorded for exports from North America.
The Hong Kong-based ocean carrier projects an annual cost savings of $10 million from improved network operations and efficiency.
The second phase of development will increase port capacity by 21 million TEUs by 2027.
American Soybean Association is stressing the importance of trade with China.
The deal paves the way for the world’s first situational awareness system using artificial intelligence aboard a container ship.
The state-of-the-art warehouse will be located next to the world’s largest airport.
API integration will connect systems and provide enhanced digital payment solutions for shippers.
The Federal Motor Carrier Safety Administration orders Daya Trucking to immediately cease all interstate and intrastate operations.
Supporters and opponents address proposed changes to labor law.
The self-driving truck startup is striving to deliver dock-to-dock level 4 automation for commercial trucks carrying cargo in the United States and China and has expanded into the port autonomous […]
Fueled mostly by increased e-commerce, Frank Appel says the global logistics services provider is on track to reach an operating profit of U.S. $6.1 billion.
China’s Ministry of Commerce said it would welcome a visit from Treasury Secretary Steven Mnuchin to discuss the recent tit-for-tat tariff battle between China and the U.S. directly with leaders […]
Canadian National posted a net income of C$741 million on revenues of C$3.2 billion for the quarter, down 16 percent and 0.4 percent year-over-year, respectively.
The containership owner and operator said Mark Chu, its general counsel and chief operating officer, will step down effective Aug. 31.
All three of the major container carrier alliances now offer weekly service to the British Columbia port.
Massterly picks managing director and chairman and UPS appoints west region president, while APS Stevedoring names sales and marketing manager and Air Partner hires managing director for its regulatory and […]
The National Marine Fisheries Service on Tuesday announced it will require compliance with reporting and recordkeeping rules of the Seafood Import Monitoring Program beginning Dec. 31.
The Senate Foreign Relations Committee on Monday advanced the nomination of Mike Pompeo to be Secretary of State by a vote of 11-9. Pompeo is currently director of […]
Results of Endangered Species Act reviews for five species could determine whether endangered and threatened species will remain subject to import and export restrictions.
The U.S. Department of Transportation has opened applications for $1.5 billion in discretionary grant funding through the newly rebranded Better Utilizing Investments to Leverage Development (BUILD) Transportation program.
The final ruling clarifies the process for submitting Kimberley Process Certificates, which must accompany clean diamond exports and imports.
The U.K. maritime classification society issues a press release on the International Maritime Organization’s Resolution A.1119(30).
Some carriers allegedly are modifying cargo contract terms because of a lack of trucks at inland locations.
The Class I railway on Friday tendered final offers to the bargaining committees of two unions to renew collective agreements, averting potential strikes that were scheduled to kick in Saturday.
American Association of Port Authorities tells U.S. Trade Representative Lighthizer that sanctions could hurt jobs at ports, tax revenues.
After several months of negotiations, the European Union and Mexico reached an agreement in principle on trade and investment and hope to have the remaining technical issues resolved “as soon […]
The White House takes “key first steps in a series of government-wide initiatives to strengthen our allies, support the manufacturing and defense industrial base and drive American job creation and […]
The global logistics software provider, which has made more than a dozen acquisitions since January 2017, unveiled an additional three on Monday, expanding its presence in Latin America and Europe.
The Treasury Department’s Office of Foreign Assets Control on Monday said U.S. companies with business ties to the recently sanctioned aluminum producer and its subsidiaries will have until Oct. 23 […]
