American Shipper

The vessel owner and operator will use the proceeds from the offering for general working capital purposes, including vessel acquisitions.

Terminals operated by the Northwest Seaport Alliance (NWSA) of Seattle and Tacoma handled 250,762 TEUs for the month, a 16.7 percent decline from the same 2017 period.

The Athens, Greece-based dry bulk vessel owner recorded a net loss of $436.9 million for the fourth quarter of 2017.

The American Trucking Associations’ (ATA) seasonally adjusted For-Hire Truck Tonnage Index rose 2 percent in January 2018 compared with the previous month to a reading of 111.6.

The South Korean ocean carrier’s U.S. Premium Service that launched last May, which allows shippers to pay an extra 10-20 percent to get guaranteed space on ships and rapid discharge […]

Pure Collection, a Harrogate, England-based cashmere apparel retailer, reportedly sent a large portion of the illicitly shipped merchandise to customers in Maine.

Although container volumes to and from the United States and Canada are both projected to continue to increase in the coming year, the countries will “have two very different tales […]

Japanese ocean carrier MOL received immunity for revealing the cartel, while the fines for CSAV, “K” Line, NYK and WWL-EUKOR were reduced for their cooperation with the investigation.

The Virginia House of Delegates Committee on Appropriations and Senate Finance Committee recently released their respective two-year state budget proposals, both of which contain funding for the widening and deepening […]

S&P Global’s acquisition of the global trade data company is expected to close in the coming weeks.

The cargo airline revealed its plans to begin shipping internationally in May by launching flights between the United States and Mexico.

The Honolulu-based ocean carrier posted a net income of $232 million for the full year in 2017, an increase of more than 185 percent compared with the previous year, according […]

Sparx Logistics in April will start an ocean and rail service to connect Asia with Houston using the Port of Lazaro Cardenas.

The German third-party logistics provider will expand into non-traditional services for the automotive sector, including the 3D printing of replacement parts and other “additive production” support.

Schiphol Cargo, the cargo operation of Amsterdam Airport, will be merged with the Aviation and Marketing Department, effective April 1.

Miami-Dade Aviation Department (MDAD) appoints new director and chief executive officer, while ECU Worldwide promotes regional sales manager.

A.P. Møller -Maersk CEO Søren Skou said the company is striving to become a “global integrator of container logistics” so that shippers can make arrangements by “just dealing with Maersk.”

Trucking companies are basking a bit in the rate renaissance that began in the fourth quarter of 2017, with Stifel’s conference last week showing it may only be the beginning.

FourKites snagged $35 million in a Series B funding round, including from existing investors, to help the freight visibility and analytics provider expand across modes and geographies.

Matt Motsick, who founded the rate management software company a decade ago, is now fronting the freight forwarding ERP provider Swivel.

The global port and terminal operator said it will continue its organic growth in the next three years and that it is currently engaged in negotiations to acquire ports and […]

The New York Shipping Exchange (NYSHEX) has appointed four new members to its board of directors and launched what it calls the “governing NYSHEX Member Council,” which consists of representatives […]

Following the 2017 purchase of 41 generator sets for reefer containers, Canadian Pacific Railway (CP) has begun offering a new shipping service for perishable products, dubbed “CP TempPro.”

American Shipper’s new GTM Landscape Report has detailed the areas in which shippers need to systematically track and quantify how external trade policy dynamics are affecting their supply chains.

Following reports that thousands of customer identification records were left open to public access, FedEx said those records have now been secured and there is “no indication that any information […]

A longtime shipping executive at United States Lines (USL) and Norton Lilly, John Griffith II is credited with helping to establish the first containerized shipping services in the transatlantic and […]

Deployed capacity from Asia to the Mediterranean has increased over the year, and according to Drewry, there is unlikely to be any let up.

The South Atlantic port handled 338,793 TEUs of containerized cargo for the month, a 2.2 percent increase from the same 2017 period, according to the latest data from the Georgia […]

The Federal Aviation Administration has proposed a $63,750 civil penalty against J&J Tech Group of Miami for allegedly violating federal hazardous materials transportation by stuffing “hundreds” of lithium batteries into […]

The Taiwanese ocean carrier will charter 10, 11,000-TEU ships and purchase 10, 2,800-TEU ships to replace outgoing vessels in its current fleet over the course of the next few years.

“Eagle GO. Guaranteed” service, which is designed to protect shippers from having containers “rolled” to the next voyage, is expanding from four to 29 Asian origin ports.

Port Newark Container Terminal is entering a new phase of construction that will boost its annual handling capacity to over 2 million TEUs by 2019 in anticipation for incraesed volumes.

The U.S. Commerce Department outlined remedy options in line with Section 232 of the Trade Expansion Act of 1962, including blanket tariffs for all countries and direct quotas.

Although overall cargo tonnage through the port inched up a modest 1.7 percent in 2017 from a year prior, container tonnage rose 10.9 percent.

Pioneering Sea-Land executive John R. Pyron was tasked in 1968 with convincing American shippers to use the country’s first commercial container service in the transpacific, and the company and trade […]

The White House and the United Kingdom yesterday released similar statements condemning Russia for perpetrating the June 2017 cyber attack that affected operations at Maersk Line, APM Terminals and FedEx, […]

The Chinese e-commerce giant has entered into agreements with investors – including Hillhouse Capital, Sequoia China, China Merchants Group, and Tencent, among others – for the financing of its supply chain and distribution subsidiary, […]

The Senate Finance Committee on Thursday approved Deputy U.S. Trade Representative nominees C.J. Mahoney and Dennis Shea.

The European Union’s international trade in goods surplus narrowed 28 percent to 25 billion euros (U.S. $31.1 billion) last year, as a 7.7 percent increase in exports was offset by […]

Textainer Group Holdings Ltd. and CAI International both improved profits in 2017 compared to the prior year.

Four members of the Coalition for Fair Trade of Hardwood Plywood have petitioned the Commerce Department to investigate imports of Chinese hardwood plywood with face and back veneers for dumping […]

Short-line and regional railroad operator Genesee & Wyoming has entered into a strategic partnership with short-haul and drayage trucking platform provider Cargomatic.

House Transportation and Infrastructure Committee member Alan Lowenthal, D-Calif., told American Shipper that Trump’s plan resembles a “skeleton” with “no meat on it,” in contrast with the House Sustainable Energy […]

The World Trade Organization isn’t perfect, but it has been largely effective, and the Trump administration, through U.S. Trade Representative Robert Lighthizer, seems to be advocating for self-policing trade relationships.

The U.S. House of Representatives passed H.R. 4979 Tuesday under an expedited floor procedure, which would renew the Generalized System of Preferences program through 2020.

The two-year Bipartisan Budget Act of 2018 will increase caps on discretionary federal spending by $296 billion, including $165 billion for the Department of Defense, plus provide an additional $90 […]

The Commerce Department has initiated antidumping and countervailing duty investigations into imports of large diameter welded pipe from Canada, China, Greece, India, South Korea and Turkey.

President Donald Trump said Monday during an infrastructure meeting that he plans to implement the tax on countries that “take advantage of the United States,” but a senior administration official […]

The Department of Homeland Security is proposing $1.6 billion to drive construction of 65 miles of new southern border walling, and $1.9 billion for Coast Guard recapitalization to “secure maritime […]

The Campaign for Accountability (CfA) alleges that Heath Hall, who recently resigned as deputy administrator of the Federal Railroad Administration (FRA), violated criminal law by making false claims about receiving […]

The Guidance Out of Darkness (GOOD) Act, cleared by the Senate Homeland Security and Government Affairs Committee on Wednesday, would require agencies to post every guidance document on regulations.gov.

SeaIntel Maritime Analysis highlighted how utilization and rates on both the Transpacific and Asia-Europe container trades fell in late 2017 when carriers failed to limit capacity.

The trucking trade group has petitioned the agency to allow drivers to stop their 14-hour clock to take a rest break for up to three straight hours, and to eliminate […]

The e-commerce giant is partnering with Berkshire Hathaway and JPMorgan Chase to create a new company that aims to reduce healthcare costs for their U.S. employees, the firms said in […]

Federal Railroad Administration Chief Counsel Juan Reyes on Thursday defended his agency’s enforcement of positive train control, an anti-crash technology railroads are expected to implement by Dec. 31, 2018.

Despite the Southern California port’s container volumes falling 2 percent in January 2018 from 12 months prior to 808,728 TEUs, it was only the seventh time it had eclipsed the […]

U.S. Customs and Border Protection processed $2.39 trillion in imports during the year, with the number of imported cargo containers at U.S. ports of entry totaling over 28.5 million, a […]

During a White House meeting with lawmakers, the Commerce Secretary broadly outlined remedy proposals laid out in the results of two national security import investigations submitted to Trump last month.

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.