Shipping

The appointment of outgoing Canadian Pacific Chief Executive E. Hunter Harrison as CEO of Class I railroad CSX is still contingent on a shareholder vote over $84 million in benefits […]

After talks between the Class I railway and hedge fund Mantle Ridge to install outgoing Canadian Pacific Chief Executive E. Hunter Harrison seemed to stall out in the past few […]

The shipping research and consulting firm said container carriers have a “golden opportunity to smooth out the capacity peaks in the coming years” by deferring the delivery of the ships […]

The bipartisan bill would require up to 30 percent of exports of liquefied natural gas and crude oil to travel on U.S.-flag vessels.

The largest port on the U.S. East Coast handled 517,668 TEUs of containerized cargo in January 2017, a new monthly record, according to the most recent figures from the Port […]

UPS hires director of global affairs, while the Association of American Railroads names new press secretary.

Stevedores’ unions in Spain have been protesting against a proposed law to reform the Spanish Ports Act, and have issued strikes between March 6 and March 25.

The London-based shipping research and consulting firm has examined the correlation between carrier terminal ownership and the choice of port calls by the 2M Alliance, and the upcoming alliances in […]

Berkshire Hathaway-owned BNSF Railway Co. reported a net income of $4.3 billion on $19.3 billion in revenues for the full year in 2016, decreases of 13.3 percent and 9.9 percent, […]

The Doric Warrior, a 93,115-dwt bulk carrier, delivered steel slabs from Tuapse, Russia on the Black Sea to the new Paulsboro Marine Terminal along the Delaware River on Thursday.

Spot rates declined from Shanghai to Europe, the Mediterranean and the United States since last Friday.

Total cross-border trade between the United States, Mexico and Canada ticked up 0.4 percent in December 2016, the third year-over-year increase in the past five months, according to the Department […]

Members of the International Longshore and Warehouse Union had failed to report for work to unload a Pasha ship in Hawaii.

Net orders for North American Class 8 trucks totaled 22,900 units in February 2017, up 5 percent from the previous month and 28 percent from the previous year, according to […]

With capacity in the ocean carrier industry continuing to outstrip demand levels, many are left wondering what carrier is next in line for a merger or acquisition.

The Israeli ocean carrier’s revenues for the fourth quarter of 2016 totaled $653.5 million, down from $687 million for the fourth quarter of 2015.

The International Maritime Organization’s 0.5 percent sulphur cap regulation, set to go into force in 2020, could cause shipping industry fuel costs to jump by as much as $60 billion […]

Consolidated net profits for the year dropped 40.7 percent to 52.3 million Swiss francs compared with the previous year as tight peak season airfreight capacity and the collapse of South […]

The Shippers’ Advisory Committee said change is needed, and that all sectors of the air cargo supply chain industry must work together to drive the adoption of new technology and […]

Combined United States carload and intermodal cargo volumes increased for the fourth consecutive month in February 2017 following several months of year-over-year declines, according to data from the Association of […]

DASH Critical & Medical, which offers real-time tracking and monitoring of any eligible shipment, is available from 10 locations nationwide, with service to 89 mainland U.S. destinations and Hawaii.

United States gross domestic product increased 1.9 percent in the fourth quarter of 2016, according to the “second” estimate from the Department of Commerce, down from a 3.5 percent growth […]

The containership owner and charterer recorded a loss of $139 million on revenues of $877.9 million for the full year of 2016.

The deal is increasing Direct ChassisLink’s fleet of owned, leased and managed chassis to approximately 133,000.

Kuehne + Nagel CEO Dr. Detlef Trefzger said the global third-party logistics provider increased market share in all business units in 2016.

The Montreal, Quebec-based supply chain solutions provider saw net profits jump 63.5 percent from the prior year period to $888,000 Canadian as revenues grew 11.5 percent to C$17.4 million, according […]

Virgin Atlantic Cargo is launching a new daily service from London to Seattle, and additional flights from Manchester to the United States in 2017.

IAG Cargo appoints chief financial officer, while INTTRA hires president of Asia Pacific, and American Trucking Associations elects general chairman and treasurer of its Technology & Maintenance Council.

   The Feb. 27 news report “MPA gets green light to purchase land for Seagirt expansion,” indicated the land purchase was part of a $1.3 billion public-private partnership between MPA […]

The World Shipping Council has warned of unintended consequences that would be detrimental to shippers if a rule was adopted that would limit situations in which detention and demurrage may […]

The deal will give Hyundai Merchant Marine access to the intra-Asia networks of Heung-A and Sinokor.

The primary federal funding mechanism for transportation infrastructure projects will run out of money once the FAST Act expires in 2020, according to Bud Wright, executive director of the American […]

Hyundai Heavy Industries’ shareholders on Monday voted to approve the company’s restructuring plans despite strong union opposition.

A significantly lower average freight rate drove Hapag-Lloyd’s revenues down 12.5 percent year-over-year in 2016 to 7.7 billion euros.

Without clear carbon controls from the International Maritime Organization, the shipping industry may have to adhere to multiple sets of regional regulations, according to Esben Poulsson, chairman of the International […]

The Warren, Mich.-based trucking carrier and third-party logistics provider saw net income plummet 39.2 percent year-over-year to $24.2 million as revenues slid 5 percent to $1.07 billion, according to the […]

Under the newly expanded contract, Worldwide Flight Services will handle up to seven direct flights a week connecting Chicago with Taipei, and an estimated 56 million kilos per year.

The Pacific Northwest port said it hopes to restore container service at Terminal 6

International Longshoremen’s Association President Harold Daggett said he will seek help from Congress in union disputes with the South Carolina Ports Authority and the Waterfront Commission of New York Harbor.

The air cargo services provider posted a net income of $41.5 million for the full year in 2016 after reporting losses in two consecutive quarters as expenses related to a […]

The state Board of Public Works gave the Maryland Port Administration the go ahead to spend up to $92.5 million to acquire a 103-acre parcel at Point Breeze for Port […]

The Israeli ocean carrier will launch the ZIM Med Pacific and the India Med Express loops in April.

The digital global freight rate marketplace provider announced the beta launch of the Freightos International Freight Index (FIFI).

The U.S. Justice Department said Friday that 11 individuals and one foreign company have been charged by the Treasury Department for their role in illegally exporting goods to Syrian Arab […]

The Georgia Ports Authority handled 3 million tons of cargo in January, with bulk cargo at the Port of Brunswick more than doubling January 2016 figures.

IAG Cargo posted revenues of 1.02 billion euros for 2016, a 6.6 percent drop from 2015.

The NYK Group’s third-party logistics subsidiary recently opened a new 53,820-square-foot logistics center near Celaya, Mexico, in an effort to meet increased demand from domestic and international automotive customers.

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

   The U.S. Federal Maritime Commission has received four ocean transportation intermediary license applications and changes for review.     The FMC received a non-vessel-operating common carrier license application from Sol Intercargo, Miami […]

The U.S. maritime regulator has received four ocean transportation intermediary license applications and changes for review.

FMC reviews 4 OTI license applications

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

The two ports says the plan is an “innovative collaboration that will allow us to find new ways to become more efficient and effective.”

The Agriculture Transportation Coalition, National Industrial Transportation League and National Retail Federation expressed concerns over a threatened work stoppage at East and Gulf Coast ports by members of the International […]

Waymo, the automated vehicle subsidiary of Google parent Alphabet, has filed a lawsuit against Uber, alleging intellectual property theft and patent infringement by the co-founder of its recently purchased self-driving […]

The Justice Department said a federal jury in Charleston, S.C. on Wednesday convicted two chief engineers of the vessel Green Sky of falsifying documents to conceal illegal discharges of oily […]

However, the Seattle-based global logistics company’s net earnings attributable to shareholders slipped 3 percent year-over-year during the quarter to $110.6 million.

Although rates from Shanghai to Europe and the Mediterranean increased since last Friday, rates from Shanghai to the United States declined.

Railway employment levels in the United States have now fallen in 19 of the last 21 months, according to recent data from the U.S. Surface Transportation Board.

The Port of Oakland will increase the height of four to six cranes at SSA’s Oakland International Container Terminal.

The chassis leasing company will roll out TRAC Select in 20 locations across the United States.

The Chattanooga, Tenn.-based third-party logistics provider said the app increases supply chain visibility by photo-documenting shipments to improve compliance and reduce costs.

The recently formed container carrier subsidiary of South Korea’s Samra Midas Group will launch a service between Busan and ports in China, Thailand and Vietnam in advance of a full […]

Redwood Logistics names senior vice president of strategic sales, while Reading & Northern Railroad hires SVP of coal, Port of New Orleans adds a board member and CenterPoint Properties appoints […]

After explosive growth in the last several years, could declining volumes be a sign of things to come?

Meanwhile, the parcel giant and third-party logistics provider also announced plans to offer Saturday delivery options in large metropolitan areas in the U.S., and has began testing a residential drone […]

The e-commerce giant will add 2,000 new full-time positions at two new California fulfillment centers and more than 5,000 jobs in the United Kingdom during 2017.

Prior to going bankrupt, Hanjin Shipping had chartered five, 3,400-TEU vessels and eight, 10,100-TEU vessels from Danaos.

The Waco, Texas-based less-than-truckload common carrier’s purchase of certain assets of Wilson Trucking expands Central Freight Lines’ reach into the southeastern United States and Puerto Rico, the company said in […]

APL said it will offer day-definite arrival of shipments using its Eagle Express service from ports in the Far East to rail yards in Chicago, Columbus, Dallas, El Paso, Kansas […]

The largest cargo gateway on the U.S. East Coast handled 4.56 million TEUs of loaded containers for the full year, a 1 percent decline from 2015 levels, according to recent […]

The Memphis, Tenn.-based integrator’s airfreight subsidiary extended its contract for air transportation services with the United States Postal Service through Sept. 29, 2024, FedEx said in a statement.

Third-party logistics provider Kuehne + Nagel’s KN Eurasia Express will offer less-than-containerload service from its hub terminal Wuhan in China to Hamburg and Malaszewicze/Poznan in Poland, according to a statement […]

The United States Maritime Alliance, the employer group that negotiates the master contract with the International Longshoremen’s Association, called the ILA’s planned work stoppage threat “disturbing.”

The United States Maritime Alliance, the employer group that negotiates the master contract with the International Longshoremen’s Association, called the ILA’s planned work stoppage threat “disturbing.”

The terminal operator increased spending from $70 million to $200 million in preparation for ultra large containerships.

Matson President and CEO Matt Cox said the Honolulu-based shipping company had “exceptional” results for the full year of 2015, while fourth quarter 2016 results were hindered by the increase […]

XPO Logistics Chairman and CEO Bradley Jacobs said strong e-commerce growth more than offset the weak intermodal environment during the quarter.

The Mississippi ports signed cooperative agreements with the Cuban government in Havana earlier this week despite uncertainty surrounding U.S. relations with the Communist Caribbean island, according to a report from […]

Shipment volumes for the month fell 6.4 percent from December due to “normal seasonality,” but were up 3.2 percent compared with the same 2016 period, the second year-over-year increase in […]

The seasonally adjusted For-Hire Truck Tonnage Index grew 2.9 percent compared with the previous month to a reading of 138.8, following a revised 4.3 percent decline in December, according to […]

Could rising plastic exports create competition for empty containers?

Chief Executive Officer Ted Fick resigned earlier this month amid a Washington State Auditor’s Office investigation into an alleged $4.8 million in potentially illegal payouts to port employees.

Michael J. Ward and Clarence W. Gooden, chief executive officer and president of CSX, respectively, will retire from the company May 31, 2017, the Jacksonville, Fla.-based Class I railroad said […]

A spokesperson from Hyundai Merchant Marine (HMM) told American Shipper the loop is expected to commence April 2 from Laem Chabang, operating with seven, 6,800-TEU vessels supplied by HMM.

The container lines were fined a total of 2.39 million Chinese yuan renminbi (U.S. $347,212) for failing to record or recording inaccurate data on their freight rates.

The French ocean carrier will buy space on a service between North Europe and the West Coast of North America, as well as on a service between Japan and California.

News broke on the planned logistics center on the heals of the announcement that the 18,300-TEU Margrethe Maersk, docked at the Cai Mep International Terminal Monday, the largest ship to […]

The International Longshoremen’s Association is calling for a shutdown of ports along the Atlantic and Gulf Coasts, and a march in Washington.

The Berkshire Hathaway-owned Class I freight railroad will pay $50,000 in civil penalties related to a March 2015 crude oil train derailment in Galena, Ill., according to a statement from […]

Additional shippers and logistics companies have expressed support on a call for the Federal Maritime Commission to provide guidelines on detention and demurrage charges.

Hyundai Heavy Industries (HHI) is putting its restructuring plans on a shareholders’ meeting agenda for Feb. 27, but HHI workers plan to strike from Feb. 22-27 in attempts to block […]

On a bright note, Philip K. Brewer, the president and chief executive officer of Textainer, said the container lessor is pleased with the progress it has made in recovering equipment […]

However, the Northwest Seaport Alliance said it may see lower cargo volumes for February, and volumes with Alaska are expected to decline for the full year of 2017 due to […]

Intermodal pricing increased 3.8 percent for the month compared with the same 2016 period, just the fourth year-over-year increase since December 2014 and the largest since October 2014, according to […]

Truckload pricing slipped another 0.3 percent for the month compared to January 2016, the 11th consecutive month of year-over-year declines, according to the latest Cass Truckload Linehaul Index.

The Greek port’s box volumes declined in 2016 from a year prior amid increased volumes at the car terminal, while revenues ticked up 3.6 percent.

DHL Express appoints Markus Reckling as the new chief executive for Germany, while Mitsui O.S.K. Line (MOL) names chief country representative in Turkey.

While A.P. Moller-Maersk plans to narrow its focus to transportation and logistics, the foundation that owns a controlling stake in the company will move in its own direction, Ane Maersk […]

Activist investor Paul Hilal’s hedge fund was looking for a swift and amicable transition for outgoing Canadian Pacific President and CEO E. Hunter Harrison to join U.S. Class I railroad […]