Shipping

The South Korean ocean carrier’s first blockchain technology adopted pilot voyage involved the transport of reefer containers from Busan, South Korea to Qingdao, China.

The Steel Manufacturers Association, a trade group that represents 30 of the largest steel producers across North America, has asked the U.S. government to help protect the country’s last solar […]

The U.S. Transportation Department on Wednesday said $500 million is now available in the Transportation Investment Generating Economic Recovery program for state and local infrastructure projects.

A World Trade Organization appellate body panel has rejected the European Union’s claim that a Washington state tax unfairly benefited Boeing’s 777X program, but Europe’s Airbus says the subsidy spat […]

Saddle Creek Logistics Services hires vice president of business development; and FlexiVan appoints president and chief operating officer, and executive vice president and chief commercial officer.

The U.S. Coast Guard has declared port condition Zulu for Puerto Rico and the U.S. Virgin Islands, and condition Whiskey for various South Florida ports as the category 5 storm […]

The FY 2017 Port Security Grant Program was funded at $100 million, and over 33 ports were awarded direct grants, the American Association of Port Authorities (AAPA) said.

The Icelandic shipping company attributed the 43.6 percent year-over-year drop in net earnings during the quarter primarily to headwinds from currency exchange fluctuations, as revenues still rose 37.2 percent from […]

The Maritime and Port Authority of Singapore did not renew the bunker supply licenses of Panoil Petroleum Pte Ltd and Universal Energy Pte Ltd when they expired on Aug. 31.

Third-party logistics and multi-modal transportation services provider Radiant Logistics has acquired the operations of Sandifer-Valley Transportation and Logistics, Radiant said in a statement Tuesday.

Worldwide Flight Services, the world’s largest air cargo handler, saw total volumes across its near 60 cargo locations in the United States increase by over 17 percent year-over-year during the […]

Trinity Logistics names president and chief operating officer, while Gebrüder Weiss appoints branch manager of Gebrüder Weiss Salzburg.

The third-party logistics provider has expanded its global forwarding footprint with the acquisition of Canadian forwarder Milgram & Company Ltd.

Spot container rates from Shanghai to Europe, the Mediterranean and the United States all declined since last Friday, according to figures from the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index.

The Shanghai Containerized Freight Index fell 3.5 percent from last Friday to a reading of 707.68, declining for the second straight week as the short-term boost after Hanjin Shipping filed […]

The Justice Department said 53-year-old Chinese citizen, Fuyi “Frank” Sun, received a three-year prison sentence for violating IEEPA in relation to an illicit scheme to export high-grade carbon fiber to […]

The parcel giant on Monday introduced the free online tool that allows e-commerce merchants to customize return shipments according to their own policies.

Port of Virginia names director of ocean sales; C.H. Robinson hires finance director, Europe; Jettainer appoints director of operations; and MetroGistics hires vice president of business development.

Hyundai Merchant Marine will acquire two 11,000-TEU containerships from Hanjin Heavy Industries & Construction’s Subic Shipyard, as well as five very large crude carriers built by Daewoo Shipbuilding & Marine […]

The Canadian port is equipped to handle the largest containerships in the world thanks to the expansion at Fairview Container Terminal, giving the terminal a second berth and three Malacca-max […]

Software-as-a-service firm Narvar said the acquisition of GoPigeon will play a key role in advancing its global product development and seeding its market position in the Asia-Pacific region.

The new IATA FIATA Air Cargo Program (IFACP) is replacing the existing Cargo Agency Program and will be rolled out globally following the Canadian pilot.

The Hong Kong-based third-party logistics provider recorded net earnings of $576 million Hong Kong on revenues of HK $13.7 billion for the first six months of 2017, year-over-year increases of […]

International technology group Körber is gaining a stronger foothold in the United States, and an advanced software platform through the acquisition of supply chain management software provider HighJump, the companies […]

Procure-to-pay solutions provider JAGGAER formed a partnership with transportation management solutions provider Haven, enabling JAGGAER’s customers to manage the shipment of their goods across the globe.

The Florida Ports Council elects chairman, vice chairman, and secretary and treasurer; the APP names president; Truckstop.com appoints chief commercial officer and chief relationship officer; and Gebrüder Weiss reveals executive […]

Looking ahead, ZIM’s primary focus will be on profitability, and the Israeli ocean carrier will focus on markets where it has a competitive advantage, said Eli Glickman, the carrier’s president […]

As of June 30, 2017, COSCO SHIPPING International, the investment arm of China COSCO Shipping, had net cash of HK $6.42 billion, which it said will provide strong capital support […]

Ship and dockworker unions are protesting a decision by Liberty Maritime to employ deck and engineering officers from the AMO to operate its newest U.S.-flag ship, rather than using those […]

The logistics software provider has formed a partnership with Vitti Logistics to provide the third-party logistics provider’s customers with real-time freight tracking across Mexico.

The Government Accountability Office (GAO) has recommended that U.S. Customs and Border Protection (CBP) take a more holistic approach to its compliance oversight of the nation’s sprawling foreign trade zone […]

China COSCO Shipping’s port terminal operator arm’s profits attributable to equity holders of the company skyrocketed 123.7 percent year-over-year during the first half of 2017 to $384.7 million.

The North Atlantic port handled 576,947 TEUs in July 2017, an 8.4 percent increase from the same month a year ago, according to recent data from the Port Authority of […]

The Maritime and Port Authority of Singapore and the Ports and Harbours Bureau of the Ministry of Land, Infrastructure, Transport, and Tourism of Japan will helm a group studying the […]

The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration has awarded more than $4 million in grants for a handful of hazardous materials training programs.

The National Association of Manufacturers took to the airwaves this week in South Carolina, South Dakota and Nevada, urging citizens of those states to contact their senators to oppose Scott […]

Although the deal is still subject to regulatory approval, Williams Lea Tag’s operations and assets are expected to transfer over to Advent International by the fourth quarter of 2017.

The Red Sea port handled 398 vessels and 821,694 TEUs during the first half of the year, both increases of 14 percent from the corresponding 2016 period, according to recent […]

The e-commerce company Custom Wristbands, along with its affiliates and chief executive, pleaded guilty in district court to a price-fixing scheme involving promotional products sold in the United States.

Excess capacity drove container freight rates down to near-record lows last year, but Drewry estimates 57 ultra-large containerships with at least 18,000 TEUs of capacity will be delivered to the […]

Four Democratic senators are urging U.S. Transportation Secretary Elaine Chao to reconsider DOT’s withdrawal of a proposed rule that would have mandated testing commercial truck drivers and rail operators for […]

South Korea’s largest shipbuilder, Hyundai Heavy Industries, has asked that 5,000 workers take unpaid leave in the wake of CMA CGM signing a letter of intent with two Chinese shipyards […]

The Armonk, N.Y.-based technology company is collaborating with various companies across the global food supply chain to explore how blockchain technology can be used to make the food supply chain […]

Singapore-based ocean carrier APL, now a subsidiary of CMA CGM of France, began purchasing slots on Maersk Line’s AC3 loop between Asia and the West Coast of South America this […]

MST and Reederei is accused of failing to keep accurate pollution control records and falsifying records for the vessel Marguerita, according to a statement from the U.S. Department of Justice.

U.S. solar panel manufacturers SolarWorld and Suniva say their days are numbered without relief from a flood of cheap imports China and Taiwan.

Maersk Oil’s liquids-weighted production will provide the French energy giant with short-term benefits, with key United Kingdom and Norway assets boosting cash flow, and possibly cost-savings synergies in the North […]

The agreement will provide Maersk Tankers with access and exclusive rights to Boston-based hedge fund CargoMetrics’ analytical models, algorithms and capabilities.

Blue Sky Blue Sea, Inc., doing business as American Export Lines and International Shipping (USA) (collectively referred to as AEL) agreed to pay $518,063 for violating U.S. sanctions on Iran […]

Schneider Packaging Equipment names new president, while World Shipping, Inc.’s vice president of operations retires.

South Korean ocean carrier Hyundai Merchant Marine (HMM) is in discussions with the world’s largest asset management firm, BlackRock, to bring in an investment ranging from 600 billion to 1 […]

The Hong Kong-based ocean carrier took delivery of the OOCL Germany today, the second of the six 21,000-TEU class vessels on order from the Samsung Heavy Industries shipyard on Geoje […]

Hong Kong-based port operator Hutchison Ports has agreed to partner with NAWAH Port Management, LLC to manage existing and future operations at the Port of Basra in southern Iraq.

Werner Enterprises, Inc. appoints board of directors member; time:matters Holding GmbH names new managing director, strategy & sales; and SIMWAVE hires manager for navigation.

A.P. Moller-Maersk signed an agreement to sell its oil and gas division, Maersk Oil, to Total, which will significantly strengthen the French energy giant’s operations in the North Sea and […]

Ocean carriers CMA CGM of France and Hapag-Lloyd of Germany joined the first round of investments into the New York Shipping Exchange, a platform for so-called “enforceable” freight contracts, with […]

U.S. and Mexican Customs officials recently dedicated a new center at the Laredo, Texas, to allow both agencies to more efficiently work together to process freight trains crossing the border.

U.S. Customs and Border Protection has appointed Casey Durst to lead its Baltimore Field Office, where she will oversee a staff of 800 and agency field operations stretching from southern […]

Transit rates for container vessels in the northern and southern Suez ports will be reduced effective Oct. 1, with vessels carrying more containers receiving larger reductions.

Mediterranean Shipping Co. and Hapag-Lloyd are scheduled to launch a new loop between Europe and the East Coast of South America at the end of September that will deploy nine […]

Although spot container rates declined from Shanghai to Europe, the Mediterranean and the U.S. East Coast since last Friday, rates from Shanghai to the U.S. West Coast experienced a slight […]

South Korea on Thursday agreed to lift its ban on imports of U.S. poultry products and added a temporary measure to allow U.S. fresh eggs to enter the country duty […]

The Chicago O’Hare International Airport’s second phase of its Northeast Cargo Center opened Thursday as cargo volumes at the airport continue to soar.

The Thailand-based container shipping line posted a net profit of 163 million Thai baht (U.S. $5 million) for the second quarter of 2017 on revenues of THB 2.8 billion.

Roadrunner Transportation Systems’ $95 million sale of Unitrans to Quick International Courier is expected to close this quarter, according to a statement from the Downers Grove, Ill.-based asset-light trucking and […]

At the Bayport Container Terminal, construction began on a new 25-acre empty container yard, while the Barbours Cut Container Terminal is scheduled to receive three new super post-Panamax cranes later […]

President Trump on Tuesday signed an executive order to “slash the time it takes to get vital new infrastructure projects approved and delivered,” Transportation Secretary Elaine L. Chao said in […]

The western Canadian port handled 69 million metric tons of cargo during the first half of the year, up 3.9 percent from the corresponding 2016 period thanks to higher container […]

South Korea’s largest ocean carrier is considering launching a regular liner service via the Arctic Sea, a move that could cut transits between Asia and Europe considerably.

The German port handled 70 million metric tons of cargo during the first six months of the year, a 0.2 percent decline from the corresponding 2016 period.

Rand Logistics, a provider of bulk freight shipping services throughout the Great Lakes region, saw revenues of $32.3 million for the first quarter of fiscal year 2018, which ended June […]

A cargo plane pilot pleaded guilty in a Florida district court Tuesday to operating a Boeing 747 freighter under contract to the U.S. military while intoxicated.

The transaction is expected to close in late-September, but financial terms of the deal will not be disclosed, according to a joint statement from the companies.

The South Carolina Ports Authority’s project to deepen the main channel in Charleston to 52 feet is still on track to begin this fall, SCPA said in a statement.

Calgary-based Class I railroad Canadian Pacific said the seven-day-a-week service can cut transit times from the West Coast to Detroit by as much as 48 hours compared with the railway’s […]

The 14,074-TEU CSCL Jupiter, which ran aground yesterday morning near the Port of Antwerp, was freed around 9:00 p.m. local time yesterday and is back at the Belgian port for […]

Norfolk Southern names executive vice president and chief financial officer; CFI appoints senior vice president, sales and operations; and Swiss WorldCargo selects regional manager of the newly created Western, Southern […]

The 14,074-TEU CSCL Jupiter ran aground on the Scheldt river bank in Bath, Zeeland, Netherlands at around 7:00 a.m. local time today while en route from Antwerp to Hamburg, blocking […]

The Dubai-based port and terminal operator formed an agreement with the General Authority of the Suez Canal Zone to establish a joint venture company to develop the international port industry.

The Hamburg-based logistics provider and container terminal operator’s revenues rose 8.6 percent from the first half of last year thanks to developments in throughput and transport volumes.

Sea Machines Robotics adds member to its board of directors; and PeopleNet appoints senior vice president/general manager, truck.

However, U.S. Senate Minority Leader Charles Schumer, D-N.Y., has demanded that the government get the national sleep apnea testing plan back on track.

The South Korean liner carrier recorded a loss of 173.7 billion South Korean won (U.S. $152 million) on revenues of KRW 1.24 trillion amid skyrocketing volumes, particularly on the Asia-U.S. […]

Spot container rates from Shanghai to Europe, the Mediterranean and the United States all recorded modest declines since last Friday, according to the Shanghai Containerized Freight Index.

The Wilmington, Ohio-based aircraft leasing and air cargo transportation services provider’s loss resulted from charges for the warrants granted last year in connection with operating and lease agreements with Amazon […]

Austrian transport and logistics company Gebrüder Weiss has acquired Kapeller Internationale Spedition, further expanding its operations in the Tyrol region.

The U.S. Navy is looking to haul the warship back to the United States for repairs, following its June collision with an NYK Line containership in Japanese waters that claimed […]

Major retail container ports across the nation are expected to collectively experience the busiest month on record for imports in August, according to the latest monthly Global Port Tracker report […]

The U.S. Gulf Coast port is currently developing a new forest products terminal and is looking to dredge its east channel, according to Port Panama City Executive Director Wayne Stubbs.

The multi-modal transportation management company’s new tool, dubbed Hub Group Connect, provides customers with shipment visibility and online tracking.

The block exemption order was issued Tuesday for vessel sharing agreements between liner shipping companies, and is scheduled to remain in effect until Aug. 8, 2022.

​A U.S. district court has upheld the decision of the American Club to deny coverage to TransAtlantic Lines over costs associated with a suit resulting from lost cargo, ruling the […]

The Fort Worth Texas-based Class I railroad recorded a net income of $958 million on revenues of $5.25 billion, up 24 percent and 15 percent year-over-year, respectively, amid increased volumes […]

Effective Oct. 2, the terminal’s hours of operation will expand to 7:00 a.m. to 11:00 p.m., with the in-gate closing at 10:00 p.m., according to a statement from the U.S. […]

Azim Makanojiva, president of e-commerce firm Zaappaaz, pleaded guilty to a one-count criminal violation of the Sherman Act for allegedly conspiring to fix prices for customized promotional products sold online […]

The Port of Long Beach gains new communications director, and Virgin Atlantic Cargo hires an account manager in Melbourne.

The U.S. Department of Transportation notified Congress of its proposed grant awards for 10 freight-related roadway, rail and port infrastructure projects last Wednesday, initiating a 60-day period in which Congress […]