Shipping

T.J. England, the chief legal officer for Salt Lake City-based trucking carrier C.R. England, said it intends to immediately appeal the decision.

As many as 100 more Panamax vessels – containerships with a capacity of 4,000-5,000 TEUs – need to be scrapped before owners see any significant increase in demand and charter […]

BlueWater Reporting has illustrated how ocean carrier alliances have taken over the Asia-Europe and transpacific trades over the years, as independent carriers have all but disappeared from these trades.

The Northwest Seaport Alliance handled 3.6 million TEUs for the full year in 2016, a 2 percent increase from the previous year and the highest throughput for the ports since […]

The e-commerce giant will build a new centralized airfreight hub at the Cincinnati/Northern Kentucky Airport (CVG) in Hebron, Ky. to support its growing fleet of Prime Air cargo planes, the […]

Meanwhile, Landstar System, Inc.’s board of directors declared a quarterly dividend of $0.09 per share payable March 17, 2017 to stockholders of record at the close of business on Feb. […]

The Canadian labor union said its 800 members will be in a legal strike position as of Feb. 6 at 12:01 a.m. eastern time.

The U.S. Senate on Tuesday confirmed presidential nominee Elaine Chao, a former deputy secretary of transportation and secretary of labor, as secretary of the Department of Transportation by a vote […]

Despite surpassing analyst projections, C.H. Robinson’s earnings per share for the quarter were still lower than in Q4 2015, but revenues increased 6.4 percent year-over-year due to volumes growth across […]

Danish shipping conglomerate A.P. Møller-Maersk A.S. is considering divesting its oil and gas assets in Brazil following the company’s decision last fall to split into two separate divisions, one focusing […]

France’s Total, the world’s fourth largest oil and gas company, will become a multi-fuel supplier for CMA CGM.

The Vancouver Fraser Port Authority has added new incentive criteria to its existing EcoAction program to include harbor due rate discounts for quieter vessels, making Canada the first country to […]

Logistics services provider OIA Global has acquired Union, N.J.-based freight forwarder American Cargo Express, with the expectation of increasing its presence in the Canadian market.

Although reported cargo thefts in California drastically increased from 2015 to 2016, logged incidents in Georgia were on the decline.

American Roll-on Roll-off Carrier Group has brought the vessel Liberty into the American registry, making it the eighth U.S.-flag roll-on/roll-off ship in its fleet.

USA Truck names new chief executive officer and chief commercial officer, while Hansa Heavy Lift appoints managing directors and FourKites hires chief revenue officer.

Bond rating agency Moody’s Investors Services said the sale of Hanjin’s interest in Pier T, which accounts for 30 percent of the port’s revenue, is “credit positive.”

An internal investigation into roll-up transportation and logistics provider Roadrunner Transportation Systems’ financial reports has concluded that its 10-K SEC statements dating back to 2014 overstated earnings by between $20 […]

The Atlanta, Ga.-based parcel giant and logistics provider reported a net loss of $239 million for the quarter compared with a $1.33 billion net profit in the same 2015 period […]

While the U.S. merchant marine has dramatically shrunk since World War II, mutual insurer American Club has adapted by expanding overseas.

The Chicago-based technology company, which builds APIs for the logistics and transportation industry, said the newly launched connectNG incorporates steps toward greater cloud security and enhanced ability to normalize disparate […]

Cavalier Transportation Services, a provider of less-than-truckload and truckload services, brokerage and warehousing, will operate as a standalone business unit within TFI International.

The truckload transportation and logistics provider’s net income for the year tumbled 36 percent to $79.1 million compared with 2015 as revenues slipped 4 percent to just over $2 billion, […]

The South Floridian port is moving forward with a public-private partnership for a new logistics center, which is expected to be completed in April 2019.

“K” Line announces changes to executive officers, Aegean Shipping Management appoints new chief executive officer, while American Airlines names successor to retiring senior vice president of international and cargo.

Two Floridian ports changed plans on inking deals with the Cuban government after Florida Gov. Rick Scott said he would recommend restricting state funds for ports that work with Cuba.

Of the 98 ships in Hanjin’s former fleet, 63 ships with close to 460,000 TEUs of capacity remain idle, 31 ships with 134,000 TEUs of capacity have been redeployed, and […]

Michael A. Khouri is replacing Mario Cordero as acting chairman of the Federal Maritime Commission, but Cordero will remain as one of the five commissioners.

The Jacksonville, Fla.-based Class I railroad has entered into discussions with outgoing Canadian Pacific Railway chief executive officer E. Hunter Harrison, according to a report from the Wall Street Journal.

Members of the International Longshoremen’s Association on Friday slowed the movement of drayage trucks through the container yard at the Wando Welch Terminal in Charleston, S.C., in an apparent protest […]

The Athens-based containership leasing company’s net income for 2016 totaled $81.7 million, a 43.2 percent decline from 2015.

The Mondovi, Wis.-based temperature-sensitive truckload carrier reported a net income of $33.5 million on operating revenues of $671.1 million for the full year of 2016.

The French Mediterranean port reported a total throughput of 81 million metric tons of cargo for the year in 2016, on par with 2015 figures, even as it set a […]

Last year saw massive changes in container shipping, but will they benefit retailers and other shippers in 2017?

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

However, the Hong Kong-based carrier’s year-over-year increase in fourth quarter revenues was not enough to stop a slide for the full year, with revenues falling 9.9 percent from 2015.

The International Air Transport Association’s Cargo-XML messaging standard is now fully integrated into ASYCUDA World, the United Nations Conference on Trade and Development’s automated customs management system.

The trucking and intermodal carrier said volumes and pricing during the year were pressured by excess industry capacity, excess customer inventories, a weakening used truck market and sluggish demand.

President Donald Trump has named current board member Ann Begeman acting chairman of the U.S. Surface Transportation Board, according to a statement from the STB.

U.S. District Judge Susan Illston denied attorneys requests to order the retail giant to pay $80 million in penalties to truck drivers on top of $54 million awarded by a […]

Duluth Seaway Port Authority appoints new board members and B&H Worldwide expands international management team, while Montgomery McCracken adds to Maritime and Transportation practice and Holland & Knight hires senior […]

President Donald Trump threatens to impose a tax of up to 20 percent on Mexican imports as part of a plan to construct a wall between Mexico and the United […]

A China COSCO Shipping subsidiary has sent eight vessels with an aggregate capacity of 32,574 TEUs to the scrapyard for 212 million yuan renminbi (U.S. $30.8 million), resulting in a […]

The Californian port said its plans to raise the height of six ship-to-shore cranes by 26 feet beginning in April, allowing them to reach containers stacked aboard the largest ships […]

An estimated 1.69 million TEUs of vessel capacity is expected to be delivered in the coming year, more than twice the amount projected to be sold for scrap, according to […]

Starting April 1, 2017, the Berkshire Hathaway-owned Class I railway will offer discounts of $300 per carload for ethanol shippers that opt to use the newer, safer DOT-117 model tank […]

The Israeli shipping company’s signed deal with Avvashya-CCI includes a wide range of services in India, including land transportation, customs clearance, warehousing and depot facilities, and special cargo services.

The Icelandic shipping company has strengthened its position in worldwide reefer logistics services by acquiring 80 percent of the forwarding company Mareco N.V.

The truckload transportation and logistics provider’s earnings per share fell short of analyst expectations in the fourth quarter of 2016.

The airport handled more cargo tonnage in 2016 from a year prior, thanks to more international cargo transport, which was partially offset by declines in domestic cargo transport.

South Carolina Department of Commerce names new director of international strategy and trade, while Midwest Association of Rail Shippers elects 2017 officers and Roadrunner Freight appoints senior vice president of […]

COSCO Shipping Ports Ltd. and CMA CGM Terminals Holding signed a worldwide memorandum of understanding to seek cooperation at ports worldwide, with preference being given to ports called by the […]

Hyundai Merchant Marine said it expects to receive funding from a new South Korean government shipping entity, which will buy and charter back vessels to the shipping company.

The Class I railway has also raised its quarterly dividend and has named six people to new positions and duties.

While the Shanghai Containerized Freight Index showed spot rates averaged 7 percent less in 2016 compared to a year prior, the China Containerized Freight Index illustrated an even greater drop, […]

Montreal, Canada-based Class I railway Canadian National saw net income tick up 2.9 percent year-over-year to C$3.64 billion (U.S. $2.78 billion) in 2016 on revenues that slid 4.6 percent to […]

The nominations of Wilbur Ross as Secretary of Commerce and Elaine Chao as Secretary of Transportation have been approved by the Senate Committee on Commerce, Science, and Transportation, and now […]

The Pacific Northwest port has elected interim Chief Executive Officer Julianna Marler, who has held the post since May 2016 following the resignation of then-CEO Todd Coleman, to the permanent […]

The seasonally adjusted For-Hire Truck Tonnage Index slipped 6.2 percent to a reading of 133.8 compared with the previous month, following a revised 8.4 percent jump in November, according to […]

Brian A. Kenney, president and chief executive officer of GATX Corporation, said the company achieved record earnings per share for the full year of 2016.

The new Landstar U.S./Mexico Logistics Service Center’s yard is capable of holding over 450 trailers, 2.5 times the capacity of its previous Laredo facility.

The Florida Department of Transportation announces secretary resignation, names interim secretary, while CenterPoint Properties hires vice president of investments.

Ocean carrier Yang Ming said it anticipates the Taiwanese government’s share in the carrier will increase well beyond the current 33.3 percent held by the Ministry of Transportation and Communications […]

Total deal value and volume in the transportation and logistics industry for the full year in 2016 fell 31 percent and 6 percent, respectively, from the previous year, according to […]

Japanese financial services firm Orix Corp. said the company decided to increase its exposure to shipping industry debt because it sees the “current market conditions as a favorable investment opportunity,” […]

The Israeli ocean carrier will launch its ZNP loop in April 2017, connecting ports in Southeast Asia and China to Vancouver, Canada.

The trucking technology provider said the new product offers rating solutions based on dimensional weight, modeled on Mexico-to-Mexico postal codes and delivered in Mexican pesos.

Total cross-border trade between the United States, Mexico and Canada grew 3.3 percent after falling in 21 of the previous 22 months compared with the prior-year period, according to the […]

The South Carolina Ports Authority said container volumes, breakbulk tonnage, and vehicle shipments all increased in December from a year prior.

Railway employment levels in the United States have now fallen in 18 of the last 20 months, according to recent data from the U.S. Surface Transportation Board.

The Memphis, Tenn.-based integrator moved up the previously announced appointment of David Bronczek as president and chief operating officer from the beginning of 2018 to Feb. 1, 2017, the company […]

The integration solution gives McLeod PowerBroker users access to project44’s less-than-truckload API-based transportation solutions.

Hong Kong Air Cargo Terminals Ltd. handled a total of 1.65 million metric tons of airfreight for the full year in 2016, a record for the terminal operator and a […]

Röhlig appoints director of global contract logistics, while Cozen O’Connor adds to its transportation and trade group and East Coast Warehouse & Distribution names senior director of customs examination services.

Just 10 percent of longshoremen requested by terminal operator employers came to work on Friday, bringing vessel operations to a near standstill at the Northern California port, according to port […]

Chaos in the ocean shipping industry has led to a winter of shippers’ discontent as freight transportation managers scramble to determine how carriers will meet their transportation requirements after several […]

Shares in the Jacksonville, Fla.-based Class I railroad jumped 23.4 percent on Thursday to close at $45.51 following reports outgoing Canadian Pacific CEO E. Hunter Harrison could be eyeing CSX […]

However, FMC Commissioner William P. Doyle, who voted against the amendment, said it is beyond the scope of the Shipping Act and harmful to the U.S. tugboat industry.

Washington law firm Akin Gump said Kevin J. Wolf, who most recently served as the Commerce Department’s assistant secretary for export administration, joined its international trade practice.

In terms of loaded containerized cargo, the Georgia Ports Authority set a record for 2016, handling 2.95 million TEUs of loaded containers thorughout the year.

The Icelandic ocean carrier has entered into an agreement to purchase three 2,200-TEU ice-class vessels from Guangzhou Huangpu Wenchong Shipyard in China, with an option for three more, according to […]

Global professional services company Accenture will acquire the corporate advisory and aviation consulting business of Seabury Group.

Amsterdam Airport Schiphol reported a cargo throughput of 1.66 million metric tons for the full year in 2016, a 2.5 percent increase compared with 2015 and a record for the […]

   The Jan. 17 news report “Port of Duluth-Superior wraps up shipping season,” said the yearly closure and re-opening of the Soo Locks is dependent on the weather and the […]

Gene Seroka, executive director at the Port of Los Angeles, said 2016 was an “epic” year, and in 2017, the port will focus on improvements in process management, information technology […]

Yang Ming responded by saying it has unwavering support of Taiwan’s government and has “proactively reorganized internally to effectively reduce its operating costs.”

Orient Overseas Container Line’s parent company said it is not aware or involved in any bid relating to the company or OOCL.

Kansas City Southern’s net income fell 1.1 percent to $479.9 million for the full year in 2016 on revenues that slid 3.5 percent compared to the previous year, according to […]

Now that the European Shippers’ Council (ESC) has rejoined the Global Shippers’ Forum, ESC Chairman Denis Choumert is hopeful the Asian Shippers’ Association and other Asian shipper groups will work […]

The Shanghai Containerized Freight index fell 1.9 from last Friday to a reading of 971.64, but the index is still much higher from a year prior.

The freight visibility software provider said it will be aggressively pursuing plans through 2017 to introduce support for additional modes of transportation.

Truckload pricing dipped another 0.9 percent for the month compared to December 2015, the tenth consecutive month of year-over-year declines, according to the latest Cass Truckload Linehaul Index.

The Lowell, Ark.-based intermodal and trucking provider’s net earnings for 2016 inched up 1.1 percent from 2015 to $432.1 million.

Intermodal pricing increased 1.5 percent for the month compared with the same 2015 period, just the third year-over-year increase since December 2014, according to the latest Cass Intermodal Price Index.

Online freight forwarder iContainers already had offices in Florida, India and Spain prior to the opening of its newest office in Rotterdam.

Warren T. Burns, a partner at the Dallas-based law firm Burns Charest, which has represented shippers, said the decision was inconsistent with the position taken by the Federal Maritime Commission and […]

Hunter Harrison, retiring president and CEO of the Calgary-based Class I railway, has apparently decided to cut his remaining time with the company short, and may be eyeing U.S. railroad […]

Terminal Investment Limited – jointly owned by MSC and Global Infrastructure Partners – will become the largest owner of Total Terminals International, which Hyundai Merchant Marine will also own a […]

The German ocean carrier upped the size of a five-year bond from 150 million euros to 250 million euros.

Shipment volumes for the month slid 1.2 percent from November, but were up 3.5 percent compared with the same 2015 period following a 0.5 percent year-over-year decrease the previous month, […]