Shipping

Investment firm Ridgemont Equity Partners will purchase third-party logistics provider Worldwide Express and merge it with portfolio company and fellow 3PL Unishippers Global Logistics to create a new firm called […]

The Omaha, Neb.-based Class I railway posted a net income of $4.2 billion for 2016, an 11 percent decline from 2015.

Global trade management solutions provider GTKonnect has acquired ECCNSelect software and its patented technology platform for ECCN determination and management.

The Geneva, Switzerland-based carrier said the seasonal call will be added to its NWC-SAEC I service in August, and will be of particular interest for melon exporters.

DHL Global Forwarding appoints head of operations in Hong Kong and Macau, while FourKites adds to management team, GAC announces new C-level appointments, and Centiro names vice president of sales […]

COSCO may make a bid of more than $4 billion for Hong Kong-based Orient Overseas Container Line, according to various media reports.

The deployment of ultra-large containerships has not only increased average vessel size on key east west trades, but has accelerated the consolidation of carriers into vessel sharing agreements and alliances.

The container freight market is strengthening as carriers begin some 2017 negotiations, and Drewry said some shippers could see contract rates rise 20-40 percent in worst case scenarios.

Liberty Woods International filed a lawsuit in personam against Dalia Ship Holding and in rem against Dalia’s ship, the Ocean Quartz, seeking $1.4 million for damage it said occurred to […]

The World Customs Organization entered into a memorandum of understanding with the Organization for the Prohibition of Chemical Weapons (OPCW) to strengthen national and international controls related to trade of […]

After a record setting year in 2016, containership scrapping could reach 750,000 TEUs in the coming year, according to industry analyst Alphaliner.

Port of Seattle Commission elects new leadership, while American Trucking hires senior vice president of legislative affairs and Aljex Software creates new position, vice president of technology.

The Jacksonville, Fla.-based Class I railway said that in 2016, the industry continued to face headwinds from low global commodity prices and the strength of the U.S. dollar.

A study prepared for the Directorate-General for Climate Action found that savings from Flettner rotors and wing sails are seen as comparable.

The German ocean carrier said the bonds are not for sale in the United States, and proceeds will be used for early redemption of notes due later this year and […]

A Boeing 747 cargo plane operated by ACT Airlines crashed Monday during its decent into Kyrgyzstan’s Bishkek-Manas Airport.

All of the facility’s new services operate on a pay-per-use model with no capital spend or fixed costs.

A fire broke out in the engine room of the Alliance St. Louis on early Monday morning in the Gulf of Mexico.

Looking ahead at 2017, Duluth Seaway Port Authority Public Relations Director Adele Yorde told American Shipper the port authority will be completing a “de-bottlenecking project” on the main footprint of […]

The new center at APL’s corporate headquarters in Singapore has been designed to serve CMA CGM Group’s fleet in the Asian region by examining nautical, meteorological and geographic information in […]

Federal Maritime Commissioner William P. Doyle said SM Line plans on launching a transpacific service and eight intra-Asia services.

Alain Bédard, chairman, president and chief executive officer of TFI International, formerly known as TransForce, said the acquisition diversifies the company into the medical last mile business.

The port handled a record 2.65 million TEUs in 2016, a 4.2 percent jump from 2015, with increases in both imports and exports.

The new pool is scheduled to launch Monday and will be managed by Consolidated Chassis Management on behalf of the North American Chassis Pool Cooperative.

The Canadian port handled 10 percent more cargo in 2016 and opened a new container terminal in the Viau sector in November.

The Institute of International Container Lessors appoints new chairman, Dayton Freight promotes three employees to service center positions, and Page International names director of sales.

Judge John Sherwood decided to confer with the South Korean court before making a decision about Hanjin’s sale of its 54 percent stake in Total Terminals International to 46 percent […]

Drewry’s investment research arm said it believes CMA CGM of France is best positioned among the major carriers to be a perfect suitor for Orient Overseas (International) Limited, the parent […]

E-commerce growth, products no longer being fully built at just one facility, and “building to order” replacing “building to stock” have resulted in a more complex supply chain.

The Georgia Ports Authority and the South Carolina Ports Authority signed an agreement in 2015 to develop the Jasper Ocean Terminal, which will be jointly owned and operated by both […]

The Shanghai Containerized Freight Index’s increases on the Shanghai to U.S. trades were partially offset by declines on the Shanghai to Europe/Mediterranean trades.

The Californian port said it is prospering despite Ports America and Terminal Investment Ltd. ending their operations at the Outer Harbor Terminal last year.

The global port terminal operator’s terminals in Singapore handled 30.59 million TEUs in 2016, while volumes at its other locations totaled 37.04 million TEUs.

The U.S. Justice Department said two shipping companies were ordered to pay a combined $2.7 million for illegally dumping oily wastes into the ocean.

The Federal Aviation Administration has proposed fines against Jegs Automotive and Amazon in separate incidents involving undeclared flammable and toxic liquid shipments.

The U.S. Court of Appeals for the 7th Circuit denied the Owner-Operator Independent Drivers Association’s rehearing request against the Federal Motor Carrier Safety Administration’s mandate to electronically track commercial truck […]

The U.S. Grains Council called the announcement by China that it will subject U.S. distiller’s dried grains with solubles (DDGS) to anti-dumping and countervailing duties “rash.”

Starting next week, the terminal will be the first of six facilities within the Port of New York and New Jersey to roll out the port authority’s new Truck Management […]

The Phoenix, Ariz.-based third-party logistics provider and truck broker has purchased Global Freight Source for an undisclosed price in an effort to continue to grow its share of the truckload […]

The Southern California port handled more than 8.8 million TEUs for the year, an 8.5 percent increase from 2015 and the most ever for a port in the western hemisphere, […]

The U.S. Department of Transportation is establishing a new advisory committee focused on automation research, development and regulation across several transportation modes, the department said in a statement.

The BLET and SMART-TD labor unions are seeking to overturn a law prohibiting New Jersey Transit locomotive engineers from operating trains if their motor vehicle driver’s license is suspended.

The Massachusetts Port Authority’s Paul W. Conley Container Terminal in the Port of Boston handled 248,391 TEUs in 2016, a 5 percent increase over the previous year.

Florida’s St. Lucie County is looking for a private partner to help it develop 20 acres of waterfront land inside the Port of Fort Pierce for commercial use.

The agreement, which will infuse $26 billion into the state-run ocean shipping conglomerate over the next five years, will serve China’s “One Belt, One Road” strategy, according to a statement […]

Inna Kuznetsova, president and chief operating officer of INTTRA, explained the reasons behind the company’s rapid growth in a recent interview with American Shipper.

Outgoing Vice President Joseph Biden released a report Tuesday outlining the benefits of the 2009 American Recovery and Reinvestment Act on improving the nation’s transportation infrastructure.

As many as 220 former employees of the now insolvent South Korean ocean carrier Hanjin Shipping will be hired following one-on-one interviews with management, Hyundai Merchant Marine said in a […]

The contract freight rate benchmarking company warned, however, that stability will be hard to come by, and if just one or two carriers begin to drop rates and chase market […]

The port of Bushehr is capable of offering services for all containerized cargos including refrigerated products and provides an alternative to Bandar Abbas for shippers sending cargo to and from […]

Shares in Orient Overseas International Ltd., the parent company of ocean carrier Orient Overseas Container Line, have jumped more than 25 percent since the end of 2016, reaching a 52-week […]

The Mainz, Germany-based freight rail operator, formerly known as DB Schenker Rail, will participate in a feasibility study for the joint development and subsequent purchase of at least 100 new […]

However, the Federal Aviation Administration said it will no longer require U.S. airlines to make pre-boarding notifications to passengers that the fire-prone Samsung Galaxy Note7 mobile phones are prohibited on […]

International Maritime Bureau Director Pottengal Mukundan said kidnappings in the Sulu Sea, which is located between East Malaysia and the Philippines, are a particular concern.

American Airlines’ new daily, non-stop wide-body service between San Juan, Puerto Rico and Philadelphia is scheduled to begin April 4.

Union Pacific Railroad has agreed to interchange directly with short line Rapid City, Pierre & Eastern Railroad, which transports inbound fertilizer and outbound crops directly to and from farm producers […]

Federal Maritime Commission Chairman Mario Cordero says he is willing to discuss the agency’s concerns with Port Authority of New York/New Jersey and OCEMA member carriers, leaving the door open […]

The U.S. trade deficit totaled $45.2 billion in November, up 6.8 percent from October as exports declined amid stronger domestic demand for imports.

The Singapore Ministry of Transport and PSA International have partnered with automotive companies Scania and Toyota Tsusho for the design, development and testing of an autonomous truck platooning system for […]

The International Air Transport Association attributed the continued growth to more shipments of silicon materials for high value electronics, an apparent turnaround in new export orders, and the modal shift […]

Major container ports in the United States handled 1.64 million TEUs in November, down 6.6 percent from October but up 11.2 percent from November 2015, according to the Global Port […]

The port handled a record amount of loaded containerized cargo in 2016, despite the decision by Ports America and Terminal Investment Ltd. to close their operation at the port’s Outer […]

The United States experienced growth in beef, pork and lamb exports in terms of volumes and value in November 2016 compared to 12 months prior.

The South Carolina Ports Authority handled 1.996 million TEUs in 2016, beating its previous calendar year container throughput record set in 2005.

The two ship-to-shore cranes the port is scheduled to receive from ZPMC in early 2018 will be able to work the larger ships that can now transit the Panama Canal’s […]

Logistics Plus hires new head of sourcing division, while the Cargo Incident Notification System names deputy chairman.

Global trade in 2016 was sluggish, as import volumes and global container throughput dipped, but the negligible dip in global trade was accompanied by radical shifts in freight pricing.

Sen. John Thune, R.-S.D., was selected to lead the Senate Committee on Commerce, Science and Transportation for a second straight term.

The Oregon Supreme Court is being asked to look at the legality of subsidies the Port of Portland gave to ocean carriers in 2012 and 2013.

International Maritime Organization Secretary General Kitack Lim cautioned that including shipping in the European Union’s Emission Trading System could undermine efforts to reduce greenhouse gas emissions from shipping on a […]

Canada’s trade surplus of C$526 million for November came as a surprise, as analysts had projected the nation would experience a trade deficit for the month.

The parcel giant and third-party logistics provider’s purchase of Freightex, an asset-light truckload, less-than-truckload, specialized and refrigerated trucking services firm, aims to expand its U.K. and European truckload brokerage business.

U.S. Transportation Secretary Anthony Foxx reacted to the Logistics Management Institute’s findings on sexual harassment and sexual assault at the United States Merchant Marine Academy, which caused the suspension of […]

The total value of cross-border trade between the United States, Mexico and Canada has now fallen in 21 of the last 22 months compared with the prior-year period, according to […]

Transportation and logistics employment grew for the third straight month in December following revised gains of 13,000 positions in October and 11,400 jobs last month, according to recent preliminary data […]

Wallenius Wilhelmsen Logistics opened a new processing facility in San José Chiapa, Mexico at Audi’s new assembly plant, which is expected to become the worldwide sourcing point of the German […]

The Intermodal Association of North America selects new board members and officers, while Pender & Coward adds to its maritime, admiralty and transportation practice.

The Northwest Seaport alliance said it wanted more information and security before agreeing to transfer Terminal 46 in Seattle.

Harold J. Daggett, president of the International Longshoremen’s Association, said the union will oppose fully-automated container terminals in upcoming contract talks with the United States Maritime Alliance.

The Pacific Northwest port has filed a lawsuit in U.S. District Court in Oregon, alleging agrochemical manufacturer Monsanto was aware of the danger posed by polychlorinated biphenyl prior to a […]

The Chinese shipping conglomerate has agreed to acquire a minority stake in the Shanghai Rural Commercial Bank from Australia & New Zealand Banking Corp. for $0.66 million.

The assets to be sold to the Missinippi Rail Consortium include the Hudson Bay Railway, the Port of Churchill on Hudson Bay, and a tank farm adjacent to the port.

Cherry Hill, N.J.-based NFI has strengthened its footprint in Canada with the acquisition of Dominion Warehousing & Distribution.

Net orders for North American Class 8 trucks totaled 21,200 units in December 2016, up 10 percent from the previous month and in line with analyst expectations, according to freight […]

Net earnings attributable to the Greenbrier Companies Inc. totaled $25 million for the first quarter of fiscal year 2017, while the company’s revenues stood at $552.3 million, quarter-over-quarter declines of […]

Trucking carrier J.B. Hunt Transport and Class I BNSF Railway have filed for arbitration in their negotiations regarding how revenues are divided under a joint service agreement for intermodal transport.

The proposed Pier B On-Dock Rail Support Facility could increase the use of “on-dock” trains, move cargo faster, and make operations more sustainable, the Port of Long Beach said.

The freight forwarder and customs broker has merged with Fred P. Gaskell Co. of Norfolk, Va., effective Nov. 1, 2016, according to a statement from the company.

The global shipping consultancy said there will be minimal aggregate multipurpose fleet growth to 2020, due to increased demolition levels in the multipurpose and competing sectors, combined with the decreased […]

Bellevue, Wash.-based Radiant Logistics has entered into a letter agreement, by which, through its wholly-owned subsidiary, Wheels International Inc., it has expressed its intent to acquire Lomas Logistics.

Combined United States carload and intermodal cargo volumes increased for the second consecutive month in December 2016, but the growth was not enough to offset several months of previous year-over-year […]

Page International promotes director of sales and GlobalTranz hires senior vice president of carrier relations.

The ports of Philadelphia and Wilmington are planning infrastructure improvements as a project to deepen the river nears completion.

NYK, “K” Line and MOL each reviewed the past year and plans for the future, including the new joint venture between the three companies, which they plan to form in […]

Omaha, Neb.-based Class I railway Union Pacific has acquired the refrigerated and cold storage distribution assets of Railex LLC in Delano, Calif.; Wallula, Wash.; and Rotterdam, N.Y.

The international shipping organization said 2017 will be another die-hard year of competition and it projects the container shipping segment to see a net fleet growth of around 3.1 percent […]

The Pacific Merchant Shipping Association said container terminals at the ports of Los Angeles and Long Beach had an average container dwell time of three days in November.

The nationwide trucker and third-party logistics provider said the stock would be traded on the New York Stock Exchange under the ticker symbol SNDR.

The newly created entity will be led by Martin Klepper, a senior partner in the Energy and Infrastructure Project Group at Skadden, Arps, Slate, Meagher & Flom, LLP.

Air Transport Services Group subsidiary Airborne Maintenance and Engineering Services has purchased Tampa, Fla.-based PEMCO World Air Services for an undisclosed amount, the company said in a statement.