Port of Oakland’s January box volumes rise 4.3%
The port said its increase in exports, which increased 2.1 percent to 74,883 TEUs, were boosted by a weak dollar.
The port said its increase in exports, which increased 2.1 percent to 74,883 TEUs, were boosted by a weak dollar.
Lower sulfur fuel is expected to reduce deaths and illness from small particulate matter, but its use could also contribute to global warming.
The U.S. Senate confirmed Ronald Batory as administrator of the Federal Railroad Administration and Ray Martinez as administrator of the Federal Motor Carrier Safety Administration.
The truck brokerage and managed transportation services provider will use project44’s integration layer to connect its carriers and clients on tendering, documentation and visibility.
The Japanese shipping company revealed Tuesday that employees at its car carrier unit subsidiary in China may have “committed unlawful expenditure or embezzlement.”
The National Transportation Safety Board last week released its final report on the investigation of the El Faro, a cargo ship that sank in October 2015 during Hurricane Joaquin while […]
Lima, Penn.-based third-party logistics provider Pilot Freight Services saw its revenues rise 10 percent year-over-year to $639 million in 2017, according to a recent statement from the company.
Hong Kong-based CargoX raised $7 million through an initial coin offering to build its smart contract-based house bill of lading solution.
A U.S. District Court in Minnesota sentenced a former Canadian Pacific Railway employee to a year in prison on Tuesday for his deliberate attempt to sabotage the company’s computer system.
Terminals operated by Yildirim Group subsidiary Yilport Holding handled 4.3 million TEUs of containerized cargo in 2017, and the firm expects to move 4.73 million TEUs this year, Yilport said […]
Short-line and regional railroad operator Genesee & Wyoming (G&W) posted a net income of $549.1 million for the year, a 289 percent increase from 2016, according to the company’s latest […]
However, the South Korean ocean carrier recorded a deeper net loss for the year, partly due to a 479.5 billion won loss in the book value of 10 containerships sold […]
E2open had made a $300 million offer for global trade management software provider Amber Road, but the company’s board said the offer wasn’t in shareholders’ best interest
Demand is poised to outstrip supply in all three segments of the international ocean shipping industry in 2018, but risks of an ill-timed “ordering spree” for new ships remain, according […]
The Hoofddorp, Netherlands-based third-party logistics provider will seek an initial public offering that would value the company at $1.5 billion by April, according to a report from the New York […]
The Southern California seaport handled 657,830 TEUs of containers in January, 12.9 percent more than in January 2017, and an all-time high for the month.
Chicago-based freight broker and third-party provider Echo Global Logistics posted a net income of $13.3 million in the fourth quarter of 2017 compared to a $3 million loss the previous […]
The containership owner recorded a net income of $22.8 million for the quarter, a sharp increase from a net loss of $446.6 million for the fourth quarter of 2016 when […]
Net orders for North American Class 8 trucks in January 2018 jumped 28 percent from the previous month and 116 percent compared with January 2017, according to preliminary data from […]
MSC selects Terminal Investment Limited (TiL) CEO, Port of Redwood City executive director retires, the Suddath Companies appoints president of Global Logistics, and the Chartered Institute of Procurement & Supply […]
Uber CEO Dara Khosrowshahi said that although his company and Waymo parent Alphabet “won’t agree on everything going forward, we agree that Uber’s acquisition of Otto could and should have […]
The Taiwanese shipping company revealed Monday that it has entered into an agreement with Shoei Kisen Kaisha to charter 12, 11,000-TEU containerships.
Upon completion of the merger of Japan’s NYK, “K” Line and MOL, the combined Ocean Network Express (ONE) will begin taking slots on three existing services between Asia and the […]
The latest projection comes as ports covered by the National Retail Federation’s Global Port Tracker handled 1.72 million TEUs of imports in December and 20.5 million TEUs for 2017, year-over-year […]
The South Korean shipbuilder posted a net loss of KRW 572.3 billion for the quarter, compared to a net loss of KRW 351.8 billion for the fourth quarter of 2016.
The United States exported $7.27 billion worth of beef and $6.49 billion worth of pork in 2017, up 15 percent and 9 percent year-over-year, respectively.
The third-party logistics and multi-modal transportation services provider recorded a net income attributable to common stockholders of $3.3 million for its fiscal year 2018 second quarter, which ended Dec. 31, […]
The non-vessel-operating common carrier entered into a partnership with Globelink Aeroceano in Costa Rica and Guatemala, and Sicarga in Panama.
President Donald Trump’s long-awaited infrastructure proposal unveiled by the White House Monday has placed a focus on spurring more private sector involvement in projects.
The International Maritime Organization’s Subcommittee on Pollution Prevention and Response has proposed to move forward with banning the transport of non-compliant low-sulfur fuel on board ships when the 0.5 percent […]
The move would reportedly be piloted in Los Angeles and confined to goods sold through its marketplace in what can be seen as a direct threat to UPS and Fedex.
House Ways and Means Trade Subcommittee Chairman Dave Reichert, R-Wash., has introduced bipartisan legislation to renew the Generalized System of Preferences through 2020, after it expired at the end of […]
While spot rates from Shanghai to Europe and the Mediterranean remained relatively unchanged since last week, rates from Shanghai to the U.S. trades had declined, according to the Shanghai Shipping […]
The Thomasville, N.C.-based less-than-truckload carrier recorded a net income of $463.77 million on revenues of $3.36 billion in 2017, up 56.8 percent and 12.3 percent year-over-year, respectively.
The Southwestern Louisiana port will move forward with dredging its west barge basin after the port authority’s board approved a $1.3 million dredge contract with Coastal Dredging Co.
The cargo operation of Delta Air Lines expanded Pharma 4 to eight additional destinations, giving it 49 pharma stations worldwide, in addition to nine approved facilities in Europe that are […]
Michael Watson, who became an associate administrator in the U.S. Department of Agriculture’s Animal and Plant Health Inspection Service, was promoted from a deputy position in which he was overseeing […]
The position has remained vacant since David Mills left the post at the end of the Obama administration.
Danish shipping giant A.P. Møller-Maersk narrowed its overall loss to $1.16 billion for 2017, a year in which it divested its energy businesses and acquired container carrier Hamburg Süd.
The U.S. goods and services deficit jumped 12.1 percent to $566 billion in 2017, its highest level since 2008, according to the most recent data from the Commerce Department’s Bureau of Economic Analysis […]
The requests from the European Union and China for consultations on tariffs from the United States on solar cells are the first step in the World Trade Organization (WTO) dispute […]
The True Incorporation Transparency for Law Enforcement (TITLE) Act would require disclosure of beneficial ownership during a company’s incorporation process in the United States.
U.S. Secretary of Homeland Security Kirstjen Nielsen discussed with Canadian Public Safety and Emergency Preparedness Minister Ralph Goodale how their countries can expand preclearance to facilitate lawful trade and travel […]
United Kingdom International Trade Secretary Liam Fox appointed Antony Phillipson to serve as the nation’s trade commissioner for North America.
Jianhua “Jeff” Li had received payments totaling over $1.1 million in sales proceeds from his participation in a scheme to smuggle counterfeit Apple iPhones and iPads from China into the […]
Following a Senate Finance Committee meeting with President Donald Trump, Sen. Tim Scott, R-S.C., is clearing the way for a committee vote on nominations for the U.S. Ambassador to the […]
China is the top buyer of U.S. sorghum, with the U.S. shipping 4.76 million tons of a total of about 5 million tons imported by China in 2017, Reuters reported.
The U.S. Senate on Monday confirmed Andrei Iancu’s appointment as Under Secretary of Commerce for Intellectual Property and Director of the U.S. Patent and Trademark Office by a vote of […]
Competitor University Loft Co. alleged in a whistelblower lawsuit filed under the False Claims Act that Home Furnishings Resource Group evaded anti-dumping duties on wooden bedroom furniture imports by misclassifying […]
The Arizona senator lifted his hold on President Donald Trump’s nomination of Gregg Doud as chief agricultural negotiator.
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service is adding phytosanitary requirements for certain fresh citrus imports from Colombia, which should allow importation of such fruits to […]
The Owner-Operator Independent Drivers Association had requested the exemption from the electronic logging device mandate for small trucking businesses with “exemplary” safety records back in November.
The logistics software provider, which has made fast inroads into the food producer and commodity trading markets, will now offer users tools to quickly assess carrier metrics.
Total U.S. rail volumes were relatively steady in January 2018, as a 3.4 percent year-over-year decline in carloads was offset by a 3.5 percent increase in intermodal traffic, according to […]
Under the deal, Hong Kong-based terminal operator China Merchants Port Holdings Co. (CMPort) will pay $607.5 million Australian (U.S. $473.8 million) for a 50 percent stake in the largest port […]
Taiwanese ocean carrier Evergreen Marine Corp. on Thursday entered an agreement with Samsung Heavy Industries to construct eight 11,000-TEU containerships, with deliveries starting in early 2020.
German business associations say they are fed up with an increase of cargo thefts throughout Germany and have launched a joint initiative to fight back.
UPS has started an international guaranteed midday freight delivery service for cargo originating in 71 countries and shipped to 35 destination countries.
The crude oil tanker m/v Nordic Pollux, which weighs 150,103 deadweight tons (dwt), has a length of almost 900 feet and a breadth of 157 feet.
Freight forwarder Gebrüder Weiss has expanded its home delivery service beyond Austria to include the Czech Republic, Croatia, Hungary and Slovakia.
The gross charter rate is $12,250 per day for a minimum 16 months a maximum of 19 months, according to Athens, Greece-based dry bulk vessel lessor Diana Shipping.
International Chamber of Shipping (ICS) appoints secretary general, BNSF Logistics and Choice Logistics both name new president, and HubTran hires vice president of sales.
The LTL, last-mile and third-party logistics provider’s performance was boosted by strong economic growth in the United States and Europe, booming e-commerce volumes and $2.8 billion in new business, CEO […]
Independent drivers have argued that as non-employees who are required to pay for work-related expenses out of pocket, they cannot afford the new trucks or retrofitting required under the Clean […]
The two companies announced a joint network for managing international logistics, finance and trade compliance, highlighting the growing importance of strategic customs and duty automation.
The annual growth in total North American intermodal shipments was helped by a strong fourth quarter in which volumes grew 5.8 percent year-over-year, according to recent statistics from the Intermodal […]
The Class I railway said the largest component of its 2018 capital investment plan will be to replace and maintain its core network and related assets.
The joint Far East – Middle East MPV Liner Service will operate on a bi-monthly rotation, connecting the Asian markets of China, Korea, Japan, Indonesia and Singapore with the Middle […]
The vessel is scheduled for delviery in 2020 and will be the first ever capable of supplying large quantities of liquefied natural gas in one single bunkering operation.
SEKO Logistics appoints vice president of global airfreight, Port Tampa Bay hires VP of finance, and Evans Distribution Systems name IT director.
The port handled a record 6.71 million TEUs last year, partially fueled by the completion of the Bayonne Bridge project in June 2017, allowing ships up to 18,000 TEUs to […]
The Dow Jones Transportation Average (DJTA) slipped 3.2 percent to 10,350.41 on Monday and continued to fall in early morning trading on Tuesday after reaching an all time high in […]
The global third-party logistics provider said it will share and receive shipment information via the distributed ledger blockchain technology IBM and Maersk have built for the container shipping industry.
The $419 million deal will see Kirby Corp. absorb Higman Marine’s transportation fleet of 159 inland tank barges with 4.8 million barrels of capacity, and 75 inland towboats, according to […]
Chen Zhu, general manager of COSCO Shipping Lines in Pakistan, was shot and killed in what local authorities are calling a “targeted attack,” according to multiple media reports.
DHL Global Forwarding expanded its presence in key Southern border states in order to satisfy the needs of local customers that require airfreight, ocean freight, customs brokerage, warehouse and domestic […]
Warren, Mich.-based Universal Logistics Holdings, Inc. acquired Fore Transportation for $34.9 million, subject to customary post-closing adjustments.
Hong Kong-based containership lessor Seaspan Corp. expects to take delivery of the second of two 2006-built container vessels by the end of the month and charter them to Danish ocean […]
The German ocean carrier said it believes it’s important for it to have its own office in Tema with the development of its West Africa services, which call at Tema.
Ocean carrier APL is joining CNC Line’s intra-Asia JTXCNC loop from Tokyo on Feb. 27.
Intermodal cargo that previously moved via the Port of Jacksonville will now be routed via Port Everglades.
The third-party logistics provider has recently relocated the headquarters office for its Iberian operations to a new location in Madrid.
The proposed rule would obligate terminal operators at the ports of Seattle and Tacoma to limit truck entries to trucks with engines 2007 or newer, or trucks with equivalent emission […]
The project to deepen the federal shipping channel from 40 feet to 47 feet began Saturday after a decade of study, independent review, public input and full regulatory approval.
U.S. Reps. Jeff Denham, R-Calif., and Michael Capuano, D-Mass., said they look forward to hearing how efforts are coming along on the implementation of positive train control, which can prevent […]
The Boston Consulting Group named seven areas where liner carriers need to focus their efforts and investment to meet challenges from non-asset-based digitally-focused companies and technology-first freight forwarders.
The port’s planned project to construct a container terminal capable of handling 1.14 million TEUs per year on its land in Contrecouer has been submitted to the Canadian Environmental Assessment […]
A total of 4,030 cargo thefts were recorded in Mexico during the year, a 127 percent increase from 2016, according to the SensiGuard Supply Chain Intelligence Center.
Transportation and logistics companies added 11,100 jobs for the month following a revised 11,600-job gain in December 2017, according to recent preliminary data from the U.S. Department of Labor.
Drayage provider RoadOne IntermodaLogistics has effectively acquired intermodal trucking operator Robin Hood Container Express, it’s third such acquisition in the past 18 months, the company said in a statement.
The German ocean shipping company has completed the acquisition of 100 percent of the business shares in E.R. Schiffahrt GmbH & Cie. KG.
The 6,350-TEU MOL Prestige experienced an engine room fire last Wednesday in the Gulf of Alaska at approximately 9:00 p.m. standard time while en route to Tokyo.
Dutch non-profit port community organization Portbase is partnering with PORTRIX LOGISTIC SOFTWARE to deliver the latter’s verified gross mass (VGM) application to its customers in the Netherlands, the companies said […]
Specialist African ocean carrier NileDutch is working with Transmetrics, a tech startup that provides predictive logistics solutions, in an effort to streamline the firm’s empty container flows and increase efficiency.
Calgary-based Class I Canadian Pacific Railway (CP) has opened its new Asia home base in Shanghai in an effort to further build its book of business, as well as strengthen […]
The Atlanta-based parcel giant will start a daily, non-stop flight on Feb. 27 from its Louisville, Ky. hub to Dubai.
RightShip appoints new CEO; KAG Logistics hires EVP of logistics, chemical and specialty products, senior director of business development, and director of logistics solutions; and Stimson Center names managing director.
When the electronic logging device (ELD) mandate took effect in mid-December, rate levels at online freight marketplace Truckstop.com and data on spot rate market tightness rose sharply, and have remained […]
Kontainers’ evolution from an ocean freight booking platform to a digital front-end transformation software for carriers and forwarders was part of the plan, according to its founders.