Shipping

North America’s largest provider of outsourced container freight station services has acquired Dicom Transportation Group’s Extra Express division for an undisclosed amount, according to a statement from majority owner Wind […]

International Airlines Group subsidiary IAG Cargo saw revenues slip 2.3 percent year-over-year to 256 million euros (U.S. $278.7 million) in the first quarter of 2017, despite growing cargo volumes 3.6 […]

Ukrainian heavy-lift air carrier Antonov Airlines is preparing its aircraft fleet and expanding cargo sales for future operations in the United States and Hong Kong, the company said.

The Omaha, Neb. transportation and logistics services provider will integrate MacroPoint’s visibility platform into its greater North American logistics solutions offerings.

The Berkshire Hathaway-owned Class I railway increased net revenues 8.8 percent year-over-year during the quarter, reflecting higher volumes and average revenue per car/unit.

Both the Port of Vancouver in British Columbia and the Virginia Port Authority have hosted record-size container vessels at their terminals in recent days.

President Donald Trump said in a recent interview with Bloomberg News he would “certainly consider” raising the federal gas tax, which has not been increased since 1993, but many Republicans […]

The consolidation from four major east-west container carrier alliances to three is designed to improve operational efficiency and profitability for the carriers, but it may also limit service options for […]

The aircraft lessor and air cargo transportation provider reported net earnings of $10 million on revenues of $237.9 million for the first quarter of 2017.

The Darien, Conn.-based short line and regional railroad operator also released its first quarter 2017 financial results.

The air cargo services provider reported an income from continuing operations, net of taxes, of $0.04 million for the first quarter of 2017, compared to $0.5 million for the corresponding […]

Roadrunner unveils new management team, Flexport hires senior vice president and global head of airfreight, Logistec appoints executive vice president, and Celadon names president and chief operating officer, and president […]

The Cudahy, Wis.-based asset-light transportation and logistics services provider received a $540 million redeemable preferred stock investment from affiliates of private investment firm Elliott Management.

The state-owned shipping conglomerate will pay about $1.78 billion to have contracts for 14 containerships transferred from subsidiary COSCO SHIPPING Development Group, formerly known as China Shipping Container Lines (CSCL).

A small aircraft owned by Air Cargo Carriers that was carrying UPS packages ran off the runway into a wooded area after its wing struck the ground, according to early […]

Since last Friday, the Shanghai Containerized Freight Index fell on trades from Shanghai to Europe, the Mediterranean and the United States.

Dubbed the Alert ELD system, the new electronic logging device mandate compliance solution is registered and certified with the U.S. Department of Transportation’s Federal Motor Carrier Safety Administration.

The U.S. Coast Guard is looking into four laser light “strikes” on commercial vessels that occurred between midnight and 3:00 a.m. on Wednesday in the southern Chesapeake Bay, according to […]

The transportation and logistics sector added 3,500 jobs in April 2017 following revised gains of 6,600 jobs in March and 7,600 positions in February, according to recent preliminary data from […]

Union Pacific subsidiary PS Technology has partnered with Norfolk Southern to create the new automated system that’s expected to boost Norfolk Southern’s operating efficiency, lower costs and increase productivity.

The record tonnage, which caps 40 months of continuous cargo growth at the airport, comes as Hungarian capital hub nears completion of a new warehouse and office complex for DHL […]

The ocean carrier industry has seen unprecedented changes in the past year or so, but will rapid consolidation and a reshuffling of alliances actually allow carriers to raise rates and […]

The Consolidated Appropriations Act, 2017 (H.R. 244), which was passed by the U.S. House of Representatives Wednesday by a 309-118 vote, will boost funding for the Department of Defense and […]

Meanwhile, TRAC Intermodal President and CEO Keith Lovetro says his company is in the process of refurbishing and expanding its own chassis fleet.

Upon completion of the deal, several Maersk Line senior executives will join the top management team of German ocean carrier Hamburg Süd, the companies said in a joint statement.

The Greenwich, Conn.-based third party logistics provider recorded a net income of $24.9 million for the first quarter of 2017, up from a net loss of $19.3 million for the […]

Basel, Switzerland-based freight forwarder and third-party logistics provider Panalpina says Carelog’s strong foothold in ocean freight and roots in the western part of Denmark complements it own expertise in airfreight.

The Honolulu-based container carrier attributed the more than 60 percent decline in net income to the timing of fuel surcharge collections, lower volumes in its Hawaii and Alaska trades, and […]

Asia Pacific airlines saw volumes surge 13.6 percent in March, while shipments carried by European airlines jumped 18.2 percent, and North American airfreight volumes grew 9.5 percent, according to figures […]

Combined United States carload and intermodal cargo volumes increased 5.2 percent in April 2017, the sixth consecutive month of year-over-year growth, according to data from the Association of American Railroads […]

Net orders for North American Class 8 trucks totaled 23,600 units in April 2017, up 4 percent from the previous month and 77 percent from the previous year, according to […]

Members of the House Subcommittee on Coast Guard and Maritime Transportation say the law, which provides ocean carriers with limited antitrust immunity, is not up to date with the operational […]

New Jersey Governor Chris Christie said removal of the bridge’s lower roadway means larger ships will be able to call container terminals in Newark, Elizabeth and Staten Island.

The troubled ocean carrier is ceasing service to Iran over concerns of rising tensions there rather than as a cost cutting measure, according to an executive with the company, Reuters […]

The U.S. Commerce Department told the Mexican government this week that it intends to resume collection of antidumping and countervailing duties on sugar imports starting June 5 if a new […]

The Danish global transport and logistics provider said the first quarter of 2017 was positively impacted by gains of around DKK 125 million in the Road division.

The non-asset based supply chain management company recorded a net loss of $57 million for the first quarter of 2017, compared to a net profit of $3 million for the […]

The parcel carrier and third-party logistics provider has entered a definitive agreement to buy Irish express delivery service Nightline Logistics Group, UPS said in a statement.

The Gulf of Mexico port’s access channel and turning basin will be dredged, resulting in 13 million cubic meters being removed and reclaimed, which five new terminals will be built […]

Certain provisions of the merger agreement would have “jumped the gun” by allowing NYK, MOL and “K” Line to share competitively sensitive information or prematurely combine, according to the Federal […]

Certain provisions of the merger agreement would have “jumped the gun” by allowing NYK, MOL and “K” Line to share competitively sensitive information or prematurely combine, according to the Federal […]

During the quarter, COSCO SHIPPING Holdings Co., Ltd. reported a higher net profit, revenues and volumes compared to the corresponding 2016 period.

The partnership is bringing together BluJay’s transportation management solutions with FourKites’ real-time freight visibility and orchestration platform.

The Commerce Department’s International Trade Administration projected that rising oil and gas prices worldwide will spur an increase in U.S. oil and gas equipment exports during the next four years.

The Oak Brook, Ill.-based multi-modal transportation management company posted net income of $10.3 million for the quarter compared with nearly $18 million in the same 2016 period despite revenues growing […]

7LFreight will provide a feed of general air and ground market data to Catapult, and Catapult will provide 7LFreight’s customer base access to its ocean rate managed services offering.

After falling in 19 of the previous 21 months, railway employment levels in the United States ticked up for two consecutive months in February and March 2017, according to recent […]

The largest owner of open-deck transportation equipment in North America will acquire open-deck specialists The Schilli Cos., headquartered in Indiana, and Winnipeg, Canada-based Big Freight Systems as part of Daseke’s […]

Ocean carriers Gearbulk and Grieg Star have completed and launched a new joint venture called G2 Ocean that will focus primarily on the operation of their combined fleet of open […]

The world’s largest container carrier said its orderbook amounts to about 11 percent of its current capacity, but with scrapping and redelivery of chartered ships, it expects to grow in […]

In segments described as liner or containership operations, NYK, MOL and “K” Line reported a combined loss of 77 billion yen (U.S. $691 million) for the fiscal year ending March […]

Domestic airports, ports and toll roads will see healthy growth in 2017 “despite longer-term questions brought on by shifting economic, trade and fiscal policies,” according to Fitch Ratings’ latest U.S. […]

The Subcommittee on Coast Guard and Maritime Transportation will hear an argument that foreign carriers should not be permitted to collectively negotiate rates with domestic maritime service providers because it […]

The Athens, Greece-based containership leasing company recorded a net income of $23 million on voyage revenues of $105.5 million for the first quarter of 2017, a year-over-year decline of 34.2 […]

The Honolulu-based liner carrier also announced its second quarter dividend, which will be paid on June 1, 2017 to all shareholders of record as of the close of business on […]

German airline group posted a net loss of 68 million euros (U.S. $74.2 million) for the first quarter of 2017 compared with an EUR 8 million loss last year, even […]

Dubai, United Arab Emirates-based express carrier and third-party logistics provider Aramex posted net earnings of 91.8 million Emirati dirham (U.S. $25 million) on AED 1.1 billion in revenues for the […]

The Independent tanker company recorded a net profit of $34.3 million for Q1 2017, falling 69.8 percent year-over-year, and is expecting challenging freight rate conditions to persist for the remainder […]

The U.S. Federal Maritime Commission has received 24 ocean transportation intermediary license applications and changes for review.

The U.S. Federal Maritime Commission has received 24 ocean transportation intermediary license applications and changes for review.

The U.S. Federal Maritime Commission (FMC) has received 24 ocean transportation intermediary license applications and changes for review.

   The U.S. Federal Maritime Commission has received 24 license applications and changes for review.    The FMC received non-vessel-operating common carrier license applications from A&D International Logistics Corp., Miami […]

FMC reviews 24 OTI license applications

The U.S. Federal Maritime Commission has received 24 ocean transportation intermediary license applications and changes for review.

UPS names president of growth and emerging markets, while “K” Line appoints senior executive officer, CargoLogicAir hires chief financial officer and technical director, and Great Lakes Dredge & Dock names […]

The Pacific Maritime Association has proposed extending the contract until July 1, 2022, with a 3.1 percent yearly wage increase over the base wage rate of $42.18 per hour.

The Pacific Maritime Association has proposed extending the contract until July 1, 2022, with a 3.1 percent yearly wage increase over the base wage rate of $42.18 per hour.

United States gross domestic product increased just 0.7 percent in the first quarter of 2017, down from from a 2.1 percent growth rate the previous quarter and the slowest in […]

The Japanese postal, banking and insurance conglomerate now expects to post a net loss of 40 billion yen (U.S. $362.4 million) for its fiscal year ended March 31, 2016, after […]

The Phoenix, Ariz.-based truckload carrier and logistics provider, which recently announced a $6 billion merger with competitor Swift Transportation, saw first quarter net income fall 35.4 percent to $14.9 million […]

Jacksonville, Fla.-based Landstar System, Inc. reported record first quarter revenues of $780.9 million for the first quarter of 2017.

Total cross-border trade between the United States, Mexico and Canada grew 2.9 percent in February 2017, the fourth straight month of year-over-year increases, according to the Department of Transportation’s Bureau […]

The Thomasville, N.C.-based less-than-truckload carrier surpassed analyst expectations, posting earnings per share of $0.80 for the quarter.

Freight broker and third-party provider Echo Global Logistics reported a net loss of $2.9 million in first quarter 2017, compared with a $0.3 million gain in the same 2016 period, […]

The Norwegian global maritime industry group inked a deal to acquire the technical business solutions business from Drew Marine for approximately $400 million.

The boards of both Maersk Line and the Oetker Group, which owns Hamburg Süd, approved the sale and purchase agreement today.

The Atlanta-based parcel giant reported increased revenues in all of its business segments, and surpassed analyst expectations with an earnings per share of $1.32 for the quarter.

The port terminal operator arm of China COSCO Shipping saw earnings sink 65.6 percent to $37.6 million in first quarter 2017 despite a 7.5 percent increase in container throughput compared […]

The London-based shipping research and consulting firm said that even though freight rates fell seasonally in the first quarter of 2017, they are better than they were in 2016.

The Port of Palm Beach and ocean carrier Tropical Shipping, its largest tenant, have agreed to a new 10-year contract that will provide an additional $10 million in net income […]

The containership owner and charterer reported net earnings of $40 million in the first quarter of 2017, a massive jump from just $7.1 million the previous year, despite revenues falling […]

The Mondovi, Wis.-based temperature-sensitive truckload carrier recorded earnings per share of $0.25 for the quarter, surpassing the street consensus and Stifel estimate of $0.21.

UPS chief marketing and business services officer retires, while Norfolk Southern executive vice president and chief financial officer retires, and Port of Long Beach names new chief harbor engineer and […]

U.S. Sens. Cory Booker and Robert Menendez of New Jersey and Charles Schumer and Kirsten Gillibrand of New York wrote a letter urging new Transportation Secretary Elaine Chao to visit […]

The Pennsylvania State Transportation Commission has given the green light for nine projects through the state’s Rail Transportation Assistance Program and another 25 through the Rail Freight Assistance Program, according […]

A Baltic Exchange spokesman said the exchange’s plan to expand its involvement in the container industry is “separate from and beyond” the weekly Ningbo Containerized Freight Index it rolled out […]

The Eden Prairie, Minn.-based third-party logistics provider’s total revenues for the quarter surged 11.1 percent year-over-year, fueled by volumes increases across all transportation services and higher fuel prices.

Through the first three months of 2017, however, the largest port on the U.S. East Coast has seen container throughput tick up 2.4 percent, surpassing the previous first-quarter record set […]

However, Ryder’s revenues for the quarter rose 7 percent year-over-year, driven by higher fuel costs passed through to customers.

ITS Technologies & Logistics will assume operation of five Norfolk Southern terminals previously operated by Cleveland, Ohio-based intermodal services provider World Distribution Services, ITSTL said in a statement.

Ward Transport and Logistics hires new chief operating officer, while the Greenbrier Cos. appoints executive vice president and chief financial officer.

Ships carrying up to 9,800 TEUs can now call terminals west of the Bayonne Bridge without worrying about tidal conditions now that U.S. Coast Guard Sector New York and pilot […]

American Shipper has launched a short survey to collect feedback on how the industry expects to be affected by the new ocean carrier alliances that launched at the beginning of […]

American Shipper has launched a short survey to collect feedback on how the industry expects to be affected by the new ocean carrier alliances that launched at the beginning of […]

However, the Baltic and International Maritime Council said the performance of the new ocean carrier alliances that set sail at the beginning of the month will be key in 2017.

Montreal, Canada-based Class I railway Canadian National saw its net income jump 12 percent year-over-year to C$884 million (U.S. $650 million) in first quarter 2017 on revenues that rose 8 […]

The Phoenix, Ariz.-based trucking and intermodal carrier, which recently announced a $6 billion merger with competitor Knight Transportation, saw first quarter net income tumble 83.7 percent year-over-year to $5.2 million.

The Northwest Seaport Alliance handled 334,483 TEUs for the month and 899,295 TEUs so far in 2017, year-over-year increases of 14.2 percent and 10 percent, respectively, according to recent data […]

The four drayage drivers working for XPO Cartage, a unit of XPO Logistics, were issued orders, decisions and awards in their favor amounting to $855,285.62.

CMA Terminals and India’s Adani Ports and Special Economic Zone signed a joint venture agreement to operate a the new CT4 container terminal at the Indian port for the next […]