Bolloré Logistics acquires majority stake in Danish freight forwarder
The French logisitcs company acquired a majority stake in Danish freight forwarder Global Solutions A/S to further its global end-to-end offering in the Scandinavian markets.
The French logisitcs company acquired a majority stake in Danish freight forwarder Global Solutions A/S to further its global end-to-end offering in the Scandinavian markets.
Tiger Cool Express appoints chief commercial officer and executive vice president of operations, FedEx names president of FedEx Express Europe and CEO of TNT, DACHSER promotes COO of air and […]
At the existing pace of bridge repair and replacement work, it will take 37 years to remedy all the nation’s current structurally deficient bridges, according to a report released by […]
The online marketplace, which connects shippers with carriers, said it will use the financing it received through Sequoia Capital to help keep qualified drivers from leaving the industry by keeping […]
Omaha, Neb.-based trucking operator and logistics provider Werner Enterprises saw its fourth quarter and full-year net income spike 547 percent and 156 percent, respectively, thanks in part to a $110.5 […]
The French conglomerate said its startup incubator, dubbed Ze Box, will house and facilitate the digitalization initiatives already put forth by the company.
Shipment volumes for the month slipped 0.3 percent from November, but were up 7.2 percent compared with December 2016, while expenditures were up 0.3 percent sequentially and 16 percent year-over-year, […]
The German ocean carrier has announced that seven, 4,101-TEU containerships will be recycled in an “eco-friendly manner.”
The Geneva, Switzerland-based ocean carrier’s new roll-on/roll-off service between Europe and West Africa will commence Feb. 19 out of Le Havre.
The proposed project would have potentially brought hundreds of thousands of crude oil to the Port of Vancouver USA each day for export to refineries on the U.S. West Coast.
Under the terms of the contract, Kuwait & Gulf Link Transport will procure, import, store and distribute food products from both the United States and local sources to support more […]
The mid-Atlantic port on Thursday is scheduled to receive its first six rail-mounted gantry cranes abouard the heavy load carrier Happy Buccaneer as part of a $217 million contract with […]
Faster transit times on the trade will be achieved on Mediterranean Shipping Co.’s revised MedUSEC and MEDGULF loops starting in March, according to the Geneva, Switzerland-based ocean carrier.
The Mediterranean seaport saw container volumes and total cargo traffic jump 32.3 percent and 26 percent, respectively, from 2016 levels.
Construction on the 30,000-square-meter container yard began last year, and the next phase, which includes a distribution center, will be completed in June.
UPS chief commercial officer retires; Union Pacific names western regional vice president; and CFI promotes new president, and hires senior vice president of sales and operations.
The LogisticsExchange’s launch last week added weight to other entrants trying to smooth rate volatility in freight markets through forward-looking mechanisms.
The U.S. Army Corps of Engineers approved a project to deepen the port’s channels and harbor to 55 feet and widened to 1,300 feet.
Robert Mottley’s larger-than-life presence, irresistible charm and sense of humor eased both anxious and reserved shipping executives during interviews, and allowed them to discuss their businesses, as well as careers, […]
The Memphis, Tenn.-based parcel giant’s decision to increase workforce compensation by more than $200 million, effective April 1, was fueled by the recently passed U.S. Tax Cuts and Jobs Act.
Global economic output is estimated to have grown 3.7 percent last year and is projected to accelerate to 3.9 percent in 2018 and 2019, according to the International Monetary Fund’s […]
United States gross domestic product increased at an annual rate of 2.6 percent in the fourth quarter of 2017, according to the “advance” estimate from the Department of Commerce, down […]
Kawasaki Kisen Kaisha, Ltd. and Nippon Yusen Kabushiki Kaisha began joint discussions with two other Japanese companies regarding the commercialization of a new venture to supply liquefied natural gas as […]
The nation’s five major West Coast container ports collectively handled 5.9 percent more inbound TEUs in November 2017 compared to a year prior, according to data released by the Pacific […]
The Dubai-based port terminal operator has joined with India’s National Investment and Infrastructure Fund (NIIF) to increase investments in the country’s ports, terminals, transportation and logistics businesses.
Jacksonville, Fla.-based ocean carrier TOTE Maritime said that a technical review of Piers 1 and 2 in Honolulu Harbor showed that significant improvements and upgrades would be required to accommodate […]
The German ocean carrier’s new loop between the Port of Jeddah and the east coast of Africa set to launch in April will initially deploy four, 1,200-TEU ships.
The French ocean carrier will place the 20,600-TEU Antoine de Saint Exupery on its Asia-North Europe FAL 1 loop on Feb. 6.
The weekly service will operate with two vessels between Florida’s Port of Pensacola and the Port of Coatzacoalcos in Veracruz, Mexico.
The collaboration will see the big box retailer Walmart and Japanese e-commerce marketplace Rakuten team up to launch an online grocery delivery service in Japan, and offer eBooks and audiobooks […]
The U.S. Commerce Department on Friday amended the dumping margin assigned to Baoding Mantong Fine Chemistry Co. Ltd.
The finding from the International Trade Commission (ITC) of no domestic injury from large civil aircraft from Canada will prevent the U.S. government from moving forward with hefty duties on […]
South Korea will host United States trade officials Jan. 31-Feb. 1 for talks on amendments and modifications to the U.S.-Korea Free Trade Agreement in Seoul.
The growth in container transport volumes helped Orient Overseas Container Line increase its liner revenues 15.4 percent compared with the previous year, according to the Hong Kong-based ocean carrier’s most […]
Construction on Port Canaveral’s new, multi-purpose cargo berth is expected to start in March, with a completion target of mid-2019, allowing the Floridian port to accommodate a growing cargo portfolio […]
The World Container Index rose 1.7 percent since last week to $1,465.72 per FEU, according to the latest assessment by London-based Drewry Shipping Consultants.
The southern Chinese port handled 13.9 million TEUs in 2017, and saw an especially sharp increase in container volumes on the North American trade during the year.
The Port of New York and New Jersey is experiencing crippling delays at its ExpressRail terminals as winter storms in the Midwest prevented necessary rail equipment from reaching East Coast […]
The total value of cross border trade between the U.S. and its partners in the North American Free Trade Agreement reached $100.6 billion in November 2017, with all five major […]
The Airforwarders Association (AfA) and The International Air Cargo Association (TIACA) have signed an agreement that will see the two groups cooperate on air cargo matters and mutually promote each others’ services.
The Brazos Rail Yard in Robertson County, Texas will have the capacity to switch up to 1,300 rail cars per day, making it one of the highest capacity yards in […]
The international freight forwarder opened a 180,000-square-foot distribution center in Medley, Fla. to primarily handle high valued electronics, cell phones, computers, liquor and duty-free travel retail.
CMA CGM hires group senior vice president of IT and transformations, while Port of Stockton elects new chair and vice-chair for 2018, and Intermarine names Mexico country manager.
The board of directors of Jacksonville, Fla.-based Class I railroad CSX will vote Feb. 7 on a resolution that would require its chief executive to receive annual physical examinations, according […]
The Office of the U.S. Trade Representative said the World Trade Organization rules are not keeping China in check, and the United States should not have supported China’s 2001 entry […]
U.S. Customs and Border Protection’s post-9/11 supply chain security program is ready for an update, but the industry has remained concerned about implementing changes.
A draft of President Donald Trump’s national infrastructure plan was leaked to and reported on by Axios on Monday, showing how the White House intends to incentivize infrastructure funding by […]
Cargo arriving into the United States aboard passenger or cargo-only flights originating from Egypt, Jordan, Qatar, Saudi Arabia and the United Arab Emirates will undergo additional screening.
Canada is expected to propose that content percentages under the revised trade deal account for “a whole host of things” not directly related to manufacturing, according to Jerry Dias, president […]
The two bills introduced Tuesday by Sen. Bob Menendez, D-N.J., would terminate Generalized System of Preferences benefits for countries that do not meet “minimum standards” for the elimination of human […]
Railroad industry associations from the United States, Canada and Mexico sent a rare joint letter to their respective trade negotiators as the latest round of discussions over a new North […]
U.S. President Donald Trump has until April 19 to decide on potential remedies stemming from the Commerce Department’s report on potential national security threats related to imports of aluminum from […]
The California port has commenced a $24 million project to modernize its Tenth Avenue Marine Terminal, allowing the terminal to handle up to 4.6 million metric tons of cargo annually.
The nearly 30-year old group, which once represented the major liner carriers that move nearly all container cargo between the Far East and the United States, will officially cease operating […]
The Southern California port handled a record 7.54 million TEUs in 2017, surpassing the previous record of 7.31 million TEUs set in the pre-recession year of 2007.
The Omaha, Neb.-based Class I railway recorded a net income of $7.3 billion for the fourth quarter of 2017 and $10.7 billion for the entire year.
South Korea’s largest ocean carrier became the third provider of ultra-freezer service in the industry, which already included Maersk Line and CMA CGM.
The Canadian port handled 559,242 TEUs in 2017, surpassing its previous full-year record set in 2005 of 550,462 TEUs.
The ports of Antwerp, Amsterdam and Rotterdam have invested in private projects to operationalize fully electric – and potentially crew-less – barges from manufacturer Port-Liner for European waterways.
Jacksonville Port Authority (JaxPort) selects chief operating officer, while Norfolk Southern (NS) names executive vice president and chief legal officer.
The U.S. Justice Department said Yi-Chi Shih and Kiet Ahn Mai were arrested on Jan. 19 and subsequently charged with illegally obtaining technology which they in turn exported to China […]
The platform, which allows shippers to compare rates and services among 500 freight forwarders, will use a $10 million investment to expand operations and functions.
Montreal-based Class I railroad Canadian National (CN) saw its net income spike 156 percent for the quarter to $2.61 billion Canadian (U.S. $2.11 billion) compared with the same 2016 period, […]
The private marine terminal operator inked a long-term lease on 8.67 acres at Port Everglades to construct a new auto processing facility as it plans to move from its 5.73-acre […]
The Class I railway also reported operating revenues of $2.7 billion for the quarter, up 7 percent year-over-year, as overall volumes ticked up 5 percent thanks to intermodal, coal and […]
The South Atlantic port handled its highest volumes ever of containers in 2017 at over 4 million TEUs, an 11 percent increase from 2016.
The car carrier will add calls to the ports of Jacksonville, Fla. and Baltimore in March.
The U.S. Federal Aviation Administration has proposed a $54,000 civil penalty against True Value Co. of Jonesboro, Ga. for allegedly violating federal hazardous materials regulations for air transport.
The Jacksonville, Fla.-based shipping company provided ocean transport, trucking, delivery coordination, port services and freight forwarding of breakbulk supplies and utility-related equipment to the island of Vieques.
The Coalition for Fair Trade in Ripe Olives, whose individual members are Bell-Carter Foods and Musco Family Olive Co., both of California, was the petitioner for the antidumping investigation on […]
The two subsidiaries of French ocean carrier CMA CGM will begin offering a weekly service between China and Southeast Asia in February.
The roll-on/roll-off vessel Brooklands, which is operated by Japanese shipping company Mitsui O.S.K. Lines (MOL), is the largest post-Panamax vessel to call the Floridian seaport.
TECSYS hires chief marketing officer; NAVTOR names chief technology officer; Alliance Shippers appoints president and CEO; Direct ChassisLink hires chief strategy officer; and Dachser appoints chief operations officer.
President Donald Trump approved an in-quota 20 percent safeguard tariff for large residential washer imports and a 30 percent tariff on solar cells, the Office of the U.S. Trade Representative […]
The Southern California’s five-member board unanimously voted to approve a project that involves reconfiguring, expanding and enhancing the existing Pier B rail facility near the 710 Freeway.
U.S. District Judge Marcia Morales Howard has denied a motion from the non-profit St. Johns Riverkeeper for a preliminary injunction against JaxPort and the U.S. Army Corps of Engineers, allowing […]
The LogisticsExchange provides a platform for shippers, trucking carriers and brokers to transact for future capacity on guaranteed contracts.
Ports on the U.S. East and Gulf coasts have been nabbing market share from their West Coast counterparts for the last five years, but that trend accelerated last year following […]
Danish ocean carrier Maersk Line will pilot the guaranteed forward contract platform on its transpacific westbound agricultural trade starting in March.
The port terminal operator arm of China’s COSCO Shipping inked a concession for the operation of CSP Zeebrugge Terminal, and a memorandum of understanding with CMA CGM for the French […]
The South Atlantic port is seeking more space for container storage as its volumes continue to increase, with a record 1.23 million boxes handled in 2017 and even higher volumes […]
The 14,000-TEU Milano Bridge will be deployed on “THE” Alliance’s MD2 loop between Asia and the Mediterranean.
AirBridgeCargo Airlines (ABC) carried over 700,000 metric tons of cargo last year, a 13 percent increase from 2016, the all-cargo airline said in a statement.
The height of three of the terminal’s 11 cranes was raised from nearly 138 feet to 152 feet in order to accommodate ships loaded with containers stowed up to 11-high […]
French train maker Alstom will pilot automatic train operation (ATO) tests in 2018 in partnership with Dutch infrastructure operator ProRail and Rotterdam Rail Feeding (RRF).
Th Qatar-based maritime transport and logistics conglomerate acquired the Majd, its largest containership to date.
A group of leading environmental and maritime shipping organizations have called for the prohibition of transporting non-compliant marine fuels once the global 0.5 percent sulfur cap takes effect in 2020.
The Office of the U.S. Trade Representative (USTR) will participate in NAFTA negotiations this week in Montreal as planned, even if a shutdown of the federal government continues, said Mick […]
The port originally issued a request for proposals for a new operator of the Pier 70 shipyard on Aug. 15, 2017, and only received one proposal, but the re-issued request […]
Shippers will need to pay extra attention to capacity in 2018, as increased volumes could drive up rates, according to the results of a survey of over 1,600 companies involved […]
The board voted 3-0 to give notice to developer Vancouver Energy that its project needs to receive all necessary licenses, permits and approvals required to operate by March 31, or […]
The technology and logistics solutions provider has added FedEx rating information and UPS pricing information to its RateWare XL and BatchMark XL products.
Global Logistics Properties, a provider of logistics facilities and solutions, marked the completion of its privatization process Monday by delisting from the Singapore Exchange.
The Trucking Condition Index (TCI) for November 2017 dropped from October’s spike to a more sustainable reading, according to industry analyst FTR.
The software providers’ expanded partnership will allow Info-X customers to get quicker access to bookings made through INTTRA, along with real-time track and trace capabilities, the firms said in a […]
U-Freight, an international freight forwarder and logistics services provider, said e-commerce growth has spurred growth in the air cargo market.
Intermodal pricing rose 4 percent in December compared with the same 2016 period, and that growth looks poised to continue into 2018, according to the latest Cass Intermodal Price Index.
The port operator took delivery of three super post-Panamax quay cranes for its Terminal D at Laem Chabang Port.
The logistics provider will have 95 vehicles upgraded with reduced emissions technology and driver safety systems in place by the end of January.