Truckload rates reach record high in December
Domestic truckload pricing jumped 6.2 percent for the month compared to December 2016, the ninth consecutive month of year-over-year gains, according the latest Cass Truckload Linehaul Index.
Domestic truckload pricing jumped 6.2 percent for the month compared to December 2016, the ninth consecutive month of year-over-year gains, according the latest Cass Truckload Linehaul Index.
The Port Authority of Strasbourg and HAROA will work together in four areas of interest, which include rail, river and sea, innovation, and promotional capabilities.
Chairman of the Subcommittee on Coast Guard and Maritime Transportation, U.S. Rep. Duncan Hunter, R-Calif., expressed strong support for the Jones Act Wednesday during a Capitol Hill hearing.
The predictive trade index is designed to help the market understand the direction of ocean freight and airfreight trade growth.
The board of commissioners of the U.S. Gulf Coast port agreed to award up to $300,000 to AECOM Technical Services LLC to evaluate a 675-acre piece of land for a […]
General rate increases from Asia to the U.S. East Coast gathered traction this week, with the Shanghai-New York trade strengthening by 18 percent from last week to reach $2,869 per […]
The Class I railway revealed that for 2018, it is planning to invest between C$1.35 billion and C$1.5 billion in capital programs, and is expecting mid-single-digit revenues growth.
Net earnings totaled $552 million for the quarter, a sharp increase from $130.3 million for the fourth quarter of 2016, thanks to U.S. tax reform, which resulted in a $488 […]
The Scandinavian port said one reason for the downturn was a long-running labor dispute between the Swedish Dockworkers’ Union and terminal operator APM Terminals.
Norfolk Southern CEO Jim Squires told reporters at a rail conference outside Chicago Thursday that the railroad is working towards a more “stable, resilient network” for 2018, according to a […]
Pasha Automotive Services began offering port-processing services to Toyota Motor Manufacturing de Baja California (TMMBC) out of the Port of San Diego earlier this month.
The Texas-based rail logistics provider will utilize blockchain technology in a new cloud-based platform titled RAILChain.
The New Super 1 will sail between Japan, Hong Kong, China, Singapore and Vietnam, utilizing four vessels and a total rotation time of 28 days round.
The interim measures, developed from working groups with participation from airport stakeholders, aim to address factors that contributed to issues like ground equipment failures that occurred during a recent storm.
Despite efforts to eradicate hosting of IP-infringing products, Alibaba subsidiary Taobao remains a continuing focus.
U.S. Customs and Border Protection is finding itself increasingly in the mix as a regulatory agency for exports as well as imports, according to Megan Montgomery, executive vice president of […]
A Government Accountability Office report released Wednesday revealed that U.S. Customs and Border Protection airport officials have not verified licenses for some radiological imports and its processes do not ensure […]
The International Narcotics Trafficking Emergency Response by Detecting Incoming Contraband with Technology (INTERDICT) Act requires U.S. Customs and Border Protection to increase the number of chemical screening devices available to […]
China’s trade with North Korea was cut in half between November and December, as UN sanctions over the country’s nuclear and missile development programs tightened, the Associated Press reported.
Steel flange exporters in China receive government subsidies of 174.73 percent, while in India, these exporters receive government subsidies ranging from 5 percent to 239.61 percent, according to the U.S. […]
The International Trade Commission determined there is “reasonable indication” that imports of common alloy aluminum sheet from China are materially injuring the U.S. industry.
The U.S. Commerce Department has finalized countervailing duty rates that it will assess on imports of fine denier polyester staple fiber from China and India.
A November World Trade Organization (WTO) Dispute Settlement Body determination that U.S. antidumping duties on oil country tubular goods (OCTG) from South Korea violate WTO rules became final on Friday, […]
Mark Lambert, former co-president of a Maryland-based company specializing in nuclear materials transportation, was indicted for his alleged role in bribing officials connected with Russia’s State Atomic Energy Corp.
The U.S. Commerce Department has taken up antidumping and countervailing duty investigations into decorative ribbon imports from China on behalf of a Pennsylvania manufacturer of these products.
In testimony to the U.S. maritime regulator, liner carriers and terminal operators said they do not use detention and demurrage fees as a revenue driver, and that grievances are anomalies, […]
The board is authorized to have five members, but currently stands with just two – Acting Chair Ann Begeman and Vice Chair Deb Miller.
In addition to handling a record 2.2 million TEUs in 2017, South Carolina Ports Authority has various projects underway, some of which will be completed in 2018.
Commerce Secretary Wilbur Ross on Thursday formally submitted to President Donald Trump the results of an investigation led by his department into the national security impacts of steel imports.
The Miscellaneous Tariff Bill Act of 2017, which was referred to the Senate Finance Committee Wednesday, would apply new tariff benefits for 1,675 harmonized tariff system numbers, with a general […]
Sen. Tim Scott, R-S.C., said Wednesday that he is blocking the advancement of all trade nominees until U.S. Trade Representative Robert Lighthizer more substantively engages with him about trade issues […]
The temporary speed restriction in the western Gulf of St. Lawrence was lifted because there have been no sightings of North Atlantic right whales in the area of the slowdown […]
The Miscellaneous Tariff Bill Act (H.R. 4318), which has now moved to the Senate for approval, promises to eliminate $1.1 billion in import tariffs during the next three years and […]
The Lowell, Ark.-based intermodal and trucking provider recorded net earnings of $385.3 million on revenues of $1.99 billion for the fourth quarter of 2017, up 228 percent and 16 percent […]
Taiyo Nippon Kisen Co., Ltd. and “K” Line Ship Management Co., Ltd. are scheduled to undergo name changes less than three months from now.
PSA Corp. signed a 21-year solar power purchase agreement with Sunseap Group in an effort to increase environmental friendliness across its facilities in Singapore.
The global logistics and transportation solutions provider has opened offices in Nairobi and Mombasa to serve customers in East Africa, the company said.
Seabury Maritime PFRA appointed managing director, advisory; Hong Kong Air Cargo Terminals Ltd. selected next chief executive; and Truckstop.com named vice president of small and medium business sales.
The new joint venture company between Japan’s “Big 3” shipping lines is slated to commence operations April 1, operating as the sixth largest entity in the container shipping market.
The U.S. maritime regulator outlined a plan identifying certain regulations under its purview that are suited for reform or elimination, and has adjusted its penalty amounts in line with inflation.
The U.S. Navy is filing criminal charges against the former commanders of the two Navy Ships that were involved in fatal collisions with cargo vessels last year in the Pacific […]
The Jacksonville, Fla.-based Class I railway posted net earnings of $5.4 billion for 2017 on revenues of $11.4 billion.
The ruling found that the Port of Los Angeles was in almost complete compliance with state environmental quality requirements, despite opponents’ claims to the contrary.
The U.S. Department of Homeland Security is consulting with the USPS on the feasibility of implementing a bill aiming to combat illicit opioid imports.
The pay increases are designed to proactively address the trucking industry’s driver shortage issue, the bulk transportation and logistics provider said.
The Memphis, Tenn.-based parcel giant is realigning its specialty logistics and e-commerce solutions into a new structure under FedEx Trade Networks, Inc., effective March 1.
Thomasville, N.C.-based less-than-truckload carrier Old Dominion Freight Line is implementing TCG’s Truckload Cost Information System (TL/CIS) for its container drayage operation.
The Belgian port handled 4.4 percent more tonnage in 2017 from a year prior, with almost all sectors posting an increase in throughput.
Samskip Logistics and DC Logistics Brasil signed an agreement to expand Brazilian offerings in sea freight logistics.
The Hong Kong-based ocean shipping company christened the sixth and last of its 21,413-TEU G-Class mega vessels built by Samsung Heavy Industries.
COSCO SHIPPING International announces several appointments; Hamburg Süd names global head of corporate communications; JAXPORT hires director, national container accounts; Logistyx Technologies names CEO; and Flexport appoints VP of people […]
More than a dozen shippers and intermediaries explained during a Federal Maritime Commission hearing Tuesday how carriers engage in punitive assessment of penalties for exceeding contracted detention and demurrage levels.
The bill would eliminate $1.1 billion in import tariffs during the next three years and increase U.S. manufacturing output by over $3.1 billion.
An appellate court found that the 5,000-page environmental impact report had inconsistencies regarding air pollutants under California Environmental Quality Act guidelines, and that those inconsistencies need to be reconciled.
The port said it is meeting with trucking company owners and harbor drivers to inform them about clean-truck grants, under which the State of California is providing millions of dollars […]
Carriers are heading toward a brighter future, but there are a number of temporary factors creating a bump in the road to recovery, the London-based shipping research and consulting firm […]
The software and freight forwarding logistics provider’s acquisition of Singapore-based freight forwarding and consulting company LOGIS Consolidators is expected to be completed within the next several weeks.
The Japanese shipping company said the acquisition is part of its goal of enhancing the stable supply of top-quality seafarers for liquefied natural gas carriers and tankers.
The Irish seaport saw growth in most sectors in 2017, with imports reaching 21.5 million gross metric tons and exports totaling 14.9 million gross metric tons, up 3.9 percent and […]
The Lake Erie port saw 9.8 million tons of cargo cross its docks in 2017, port officials told local media source the Toledo Blade.
ZIM appoints chief digital officer; Schneider Packaging names executive vice president; A.N. Deringer selects director of consulting and a new senior trade advisor; and the Container Owners Association names board […]
The joint venture will be headquartered in the New York metropolitan area and is expected to be up and running within six months, pending regulatory approval.
The Pier B On-Dock Rail Support Facility would shift more cargo to on-dock rail, which places containers directly on trains at marine terminals.
The port finalized a $217 million contract in November 2016 for Konecranes to build and deliver 86 rail-mounted gantry cranes, and the initial six are scheduled to arrive at the […]
Global third-party logistics provider Kuehne + Nagel and Singapore-based sovereign wealth fund Temasek will jointly search for opportunities to invest in early stage logistics and supply chain technology companies.
Volumes increased significantly overseas and in the Pearl River Delta and Southeast Coast, according to recent data from the terminal operator arm of China’s COSCO Shipping.
December orders, when finalized, are expected to reach 47,000 units, exceeding the previous high of 45,800 units, which was reached in October 2014, according to FTR.
Airfreight volumes in October 2017 increased 5.3 percent year-over-year, according to data from the Airports Council International (ACI), the trade association for airports across the world.
TraPac appoints new president and CEO; IANA installs 2018 board of directors and officers; the American Maritime Partnership elects leadership positions; and Odfjell names COO, global head of ship management […]
Direct ChassisLink now owns, leases, or manages about 136,000 marine chassis, as well as roughly 80,000 domestic chassis, for a total fleet of over 216,000 chassis, making it the largest […]
Michael Berzon, who spent his career helping companies enhance the efficiency of their supply chains, died Tuesday from complications associated with Alzheimer’s disease at the age of 77.
The World Container Index slipped 0.2 percent this week to $1,407.58 per 40-foot container, and is also down by 21.5 percent from the corresponding period in 2017.
Port Newark Container Terminal will use the proceeds to refinance existing debt and finance its future terminal development project.
Spot container rates from Shanghai to Europe, the Mediterranean and the United States all increased since last week, according to the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index.
The Port of Los Angeles reportedly moved more than 9.3 million TEUs in 2017, breaking its own record for the largest amount of cargo moved in the history of the […]
A new container yard, seabed reclamation and rail investments are among the next projects to be undertaken by Hutchison Ports Port of Felixstowe.
The U.S. aerospace manufacturer launched a working protoype cargo drone that will have the ability to carry 500 pounds of cargo within a radius of 10 to 20 miles, Air […]
The Rhenus Group acquired Brazilian customs broker and software provider Pirâmide SeaAir Comércio Exterior.
Cargo revenues reached $200 million, while traffic rose 7.1 percent for the quarter.
The French ports of Marseille Fos and Le Havre will be linked to Switzerland by rail in a project that aims to further connect the port hinterlands into the rest […]
The administration has recently been turning its renegotiation focus toward areas where prospects for progress appear the strongest at this point, including energy, John Murphy, U.S. Chamber senior vice president […]
However, U.S. Trade Representative Robert Lighthizer pushed back against Canada’s complaint, saying the allegations are “unfounded” and “ill-advised.”
U.S. Customs and Border Protection’s Automated Commercial Environment in-bond reporting will become mandatory for all carriers in August.
Gary M. Barraco, director of global product marketing at trade management software provider Amber Road, discussed how the recent enforcement of North Korean sanctions will impact social compliance.
The U.S. aluminum production industry said it wants the administration to move quickly on findings of its 232 investigation into alleged dumping by countries providing subsidies to state-owned producers.
The California port said that import growth drove its record performance, with imports fueled by a strong U.S. economy and increased consumer demand for retail products.
White House officials told leading senators that details on the long-awaited infrastructure package would be released after President Trump’s inaugural State of the Union address on Jan. 30, according to […]
A new study acknowledged that Portland’s geography as a river port and marine industry consolidation pose challenges to the recovery of weekly transpacific container service.
The Canadian port handled 24.1 million metric tons of cargo in 2017, beating 2016 figures by 28 percent and exceeding the previous record high of 23 million metric tons that […]
Haropa, which operates the French ports of Le Havre and Rouen, posted an over 15 percent increase in container traffic for 2017 and a 6 percent boost in overall seaborne […]
The Seattle Port Commission passed a resolution Tuesday, calling for a combination of training, resources, policies and partnerships to address the issue.
The port handled 2.84 million TEUs in 2017, a 7 percent increase compared to 2016.
Portland, Ore.-based Global Trading Resources, Inc., an international freight forwarding and customhouse brokerage, has joined Janel Group, a Lynbrook, N.Y.-based global integrated logistics solutions provider.
National Treasury Employees Union National President Tony Reardon said that prospects of a pay freeze have been a deterrent for potential U.S. Customs and Border Protection field officers he has […]
Officials from the Office of the U.S. Trade Representative discussed proposals to address export barriers and industrial goods, including automobiles and auto parts, on Friday during a bilateral meeting under […]
Peter Sutherland, an Irish attorney who became the first director-general of the World Trade Organization when it formed in 1993, died on Jan. 7.
The Commerce Department has set preliminary countervailing duties on imports of uncoated groundwood paper from Canada, which is commonly used for printing newspapers.
Port of Cleveland President and CEO William Friedman testified Jan. 10 before the U.S. Senate Committee on Environment and Public Works as part of a hearing regarding America’s water infrastructure […]
The boxship sector is seeing record deliveries of ultra-large containership newbuilds in 2018, with 10 joining the fleet in January alone, according to industry analyst Alphaliner.