Shipping

Todd Coleman, chief executive officer at the Port of Vancouver, Wash. since 2012, announced plans to resign his post on May 19, 2016.

The Netherlands-based global package delivery firm’s announcement of its intended sale of TNT Innight came just five days after China’s Ministry of Commerce approved the $4.8 billion acquisition of TNT […]

The asset-light transportation and logistics services provider posted earnings per share of $0.08, well short of industry advisory firm Stifel’s estimate of $0.22 per share and the street consensus estimate […]

Combined United States carload and intermodal cargo volumes fell 11.8 percent in April compared with April 2015 and 7.8 percent for the first four months of 2016, according to data […]

Net orders for North American Class 8 trucks in April dropped 16 percent from March and 39 percent compared with April 2015, according to preliminary data from freight forecaster FTR […]

d’Amico International Shipping appoints CFO, while Holland & Knight names senior counsel and NRF picks Loss Prevention Council chairman.

The Jones Act carrier saw volumes on its single eastbound transpacific string from China drop 18.1 percent in the first quarter 2016 compared with the same 2015 period.

Container transport revenues at the Danish shipping conglomerate fell 20 percent year-over-year for the quarter due to a 26 percent decline in average freight rates.

SSA Marine’s Oakland International Container Terminal, which has operated nights and Saturdays for two months to ease pressure on busy weekday cargo operations, will stay open three nights a week […]

The state wants to deploy 100,000 zero emission freight vehicles, as well as maximize zero and near-zero equipment and equipment powered by renewable energy for cargo operations by 2030.

A report by the National Oceanic and Atmospheric Administration (NOAA) concluded that the dredging at the Port of Miami caused damage to the area’s coral reef.

The Seattle, Wash.-based global logistics provider’s revenues, which industry advisory firm Stifel said were hindered by lower air and ocean rates, tumbled 15.4 percent year-over-year to $1.4 billion for the […]

The U.S. Surface Transportation Board has filed a supplemental notice to a proposed rulemaking that would require Class I railroads and the Chicago Transportation Coordination Office to submit weekly data […]

The non-asset based supply chain management provider posted a net loss before taxes of $35 million for the first quarter of 2016, compared to a $77 million loss the previous […]

The total value of cross-border freight between the United States and North American trading partners Canada and Mexico slipped 2 percent year-over-year following a 7.7 percent drop in January, according […]

The logistics provider and terminal operator’s rail terminal at the Port of Hamburg’s Container Terminal Altenwerder will undergo a project to add two more tracks, increasing the rail terminal’s annual […]

Maersk Line names HR chief, while the American Waterways Operators elects chairman and vice chairman and Greencarrier Freight Services appoints COO.

The U.S. Coast Guard bulletin regarding compliance with the International Maritime Organization’s verified gross mass requirement “seems to allow for more flexibility,” says Federal Maritime Commission Chairman Mario Cordero.

Three of the four pre-qualified port terminal operators that will bid for control of the Corozal Container Terminal have ties to container shipping giants Maersk Line, Mediterranean Shipping Co. (MSC), […]

The 13,092-TEU containership COSCO Hope crashed into a gantry crane at Port Said as it was departing the Egyptian port, igniting a fire that spread to 20 containers and resulted […]

The Jacksonville, Fla.-based Class I railroad is telling customers to expect delays for traffic headed through Washington, D.C. as recovery crews work to restore service after a CSX freight train […]

The ocean carrier has commenced the new Middle East Feeder – Loop 1 service between Pakistan, the United Arab Emirates and Oman.

MacroPoint’s freight tracking software will be integrated throughout freight broker and third-party logistics provider Logistics Dynamics, Inc.’s entire network of more than 55,000 motor carriers.

In March alone, the Russian cargo airline handled 51,000 metric tons of cargo, representing its best month ever for tonnage in the company’s 12-year history.

A CSX freight train carrying hazardous materials went off the rails along a busy route in Northeast Washington, D.C. early Sunday morning, spilling sodium hydroxide and forcing the suspension of […]

CSX train derails in Washington, D.C.

More than 100 neopanamax ships have already made reservations to transit the waterway’s new larger locks following the historic inauguration and first voyage, according to the Panama Canal Administration.

The 12,500-TEU containership MSC Fabiola was successfully refloated early Saturday morning, allowing vessel traffic in the important cargo gateway to resume as normal, according to a customer advisory from shipping […]

The Tokyo-based third-party logistics provider also unveiled the construction of a logistics facility in Myanmar’s Thilawa Special Economic Zone.

Yu joined the Taiwanese shipping company in 1984 and became president in 2013.

The air cargo terminal operator achieved new throughput records for March and the first quarter of 2016.

The international oil shipping services provider’s net profits for the first quarter of 2016 soared 40.4 percent year-over-year to $113.5 million.

New orders for manufactured durable goods grew 0.8 percent to $230.7 billion in March 2016 following a revised 3.1 percent monthly decrease in February, according to data from the United […]

Asset-light trucking and third-party logistics provider Roadrunner Transportation Systems has expanded its less-than-truckload service to include outbound service from Vancouver, British Columbia.

The international transportation and logistics company opened a new office in Ho Chi Minh City, Vietnam.

Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd and MOL issued general rate increases on various trades.

Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd and MOL announced general rate increases.

Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd and MOL issued general rates increases.

Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd and MOL announced general rate increases.

Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd and MOL announced “Freight All Kinds” and general rate increases on various trades.

Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd and MOL issued general rate increases on multiple trades.

Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd and MOL announced general rate increases.

Air France-KLM names new CEO, while UPS appoints corporate controller and investor relations officer.

China COSCO Holdings Co. Ltd., which now includes the combined operations of China Shipping Container Lines Co., reported losses in both its container shipping and dry bulk operations during the […]

More than 100 neopanamax ships have already made reservations to transit the waterway’s new larger locks following the historic inauguration and first voyage, according to the Panama Canal Administration.

The European Union competition watchdog said a trustee will monitor both companies to ensure there is no information sharing between the Ocean3 and G6 ocean carrier alliances, of which CMA […]

Scales currently used to comply with federal and state laws are acceptable for complying with the new International Maritime Organization container weight regulations due to go into effect July 1, […]

The Shanghai Containerized Freight Index rose from a reading of 457.70 last week to a reading of 603.64 this week, as rates from Shanghai to North Europe and the Mediterranean […]

The International Transport Workers Federation is claiming that a new study raises questions about the safety of navigation in the Central American waterway, while the Panama Canal Authority says the […]

The Chinese Ministry of Commerce on Friday unconditionally approved FedEx’s $4.8 billion acquisition play for Netherlands-based global package delivery firm TNT Express.

Korea Development Bank met Friday with the Export-Import Bank of Korea, Nonghyup, KB Kookmin, KEB Hana, Woori and Pusan Bank, and agreed to make a decision regarding the future of […]

Less-than-truckload holding company YRC Worldwide saw operating income during the first quarter rise compared to a year prior, while operating revenues declined.

Although activity slowed in the first quarter, total deal value for mergers and acquisitions in the transportation and logistics sector was still up 26 percent compared to first quarter 2015, […]

Less-than-truckload carrier Old Dominion Freight Line also experienced weak revenue growth of 1.6 percent year-over-year for the first quarter of 2016, reflecting an economy that remained sluggish and the impact […]

The container terminal operator posted a cargo throughout of 15.5 million TEUs at its container terminals in the first quarter of 2016, a 2.4 percent increase from the same 2015 […]

The tank barge operator posted net earnings attributable to shareholders of $38.1 million on revenues of $458.7 million, year-over-year drops of 37.6 percent and 21.9 percent, respectively.

The United States imported 2.57 million net tons of steel in March, a 12.8 percent increase from February, but a 28.4 percent decline from March 2015, according to figures from […]

The European Union competition watchdog said a trustee will monitor both companies to ensure there is no information sharing between the Ocean3 and G6 ocean carrier alliances, of which CMA […]

North America now accounts for half of ZIM’s container-shipping business.

   Approaching two years as chief executive officer of Hapag-Lloyd, Rolf Habben Jansen has expressed satisfaction with the German carrier’s 2015 results and  sees some encouraging signs on the horizon.    Last year […]

   Ocean carriers would seem to hold all the cards in contract rate negotiations as controllers of much needed and often tight capacity in an industry with antitrust exemption. Now, after several […]

   Abandoned cargo can be a problem for carriers, intermediaries, and other businesses. Two lawsuits from last year revolving around abandoned containers filledwith used tires were discussed by Vincent M. DeOrchis, […]

   Mega-retailers and manufacturers today realize the value of having top-notch supply chain management executives within their ranks as important problem-solvers and facilitators to improve bottom lines.    In recent years, many […]

Lawsuits involving supply chain executives have become increasingly frequent, including Amazon suing Arthur Valdez, who left to work as Target’s chief supply chain and logistics officer, and an XPO Logistics […]

Overall revenues for NYK, MOL and “K” Line fell 5.4 percent, 6 percent and 8.1 percent, respectively, for the last fiscal year ended March 31, 2016.

The Atlanta, Ga.-based parcel giant posted a net income of $1.1 billion for the first quarter of 2016 on revenues of $14.4 billion, year-over-year increases of 10.2 percent and 3.2 […]

Legislation introduced into the California State Senate by Sen. Ricardo Lara would provide an exemption from sales and use tax for terminal operators purchasing zero or “near zero-emission” equipment.

Recovery of the ill-fated TOTE Maritime general cargo ship’s voyage data recorder under 15,000 feet of water presents a “formidable challenge,” but National Transportation Safety Board investigators hope to complete […]

Gary LaGrange, president and chief executive officer at the Port of New Orleans, announced plans to retire in April 2017, at the time his current contract expires.

A new report from the U.S. Department of Transportation’s Federal Motor Carrier Safety Administration revealed fatal crashes involving large trucks fell 3.7 percent year-over-year in 2014.

Freight brokerage and third-party services provider Echo Global Logistics reported non-GAAP diluted earnings per share of $0.24 on revenues of $405.3 million for the quarter, in-line with consensus analyst expectations.

Truckload pricing dipped 0.6 percent in March 2016 compared to the same 2015 period, the first negative pricing change in nearly six years, according to the latest Cass Truckload Linehaul […]

A total of 1.7 million square feet of warehousing has recently been completed in Savannah, Ga., while over 1.9 million square feet is under construction and a 2,700-acre development was […]

Rates fell another 3 percent for the month compared to March of last year, the 15th consecutive month prices have decreased, and analysts with Avondale Partners expect this trend to […]

COSCO Pacific Ltd. re-designates executive director and vice chairman, while “K” Line nominates managing executive director, outside directors, and supervisory board members

   The April 27 AS Daily news report included a mistake in the name of Ryder’s TranSync product.

The National Transportation Safety Board hopes to recover the voyage data recorder and use it in the agency’s investigation into why the TOTE Maritime general cargo vessel sank last fall, […]

Meanwhile, the ocean carrier alliance members reconfirmed their current cooperation scheme on east-west trades until the end of March 2017.

The canal authority will conduct a lottery on Friday to select which of its top 15 customers will be in the spotlight with the historic first passage through the Central […]

Pier 80 in San Francisco, Calif. could handle up to 150,000 automobiles annually as well as other sorts of roll-on/roll-off and breakbulk cargo, the ocean carrier said in a recent […]

The Eden Prairie, Minn.-based third-party logistics provider posted a net income of $119 million on revenues of $3.1 billion for the first quarter of 2016.

Canadian National Railway increased net income 13 percent year-over-year to C$792 million (U.S. $627.53 million) in the first quarter of 2016 earnings on revenues that fell 4 percent to C$2.96 […]

Shipment volumes grew 1.4 percent during the month, but expenditures declined 1 percent from February, according to the latest Cass Freight Index Report.

However, the temperature-sensitive truckload carrier’s operating revenues inched up 0.4 percent year-over-year for the quarter to $161.9 million, despite significantly lower fuel surcharges.

The seasonally adjusted For-Hire Truck Tonnage Index equaled 137.6 for the month, down 4.5 percent from an all-time high of 144 in February but up 2.2 percent compared with March […]

The North Liberty, Iowa-based trucking and logistics company experienced a 13.2 percent year-over-year decline in revenues for the quarter to $162.8 million, partially fueled by the sharp drop in fuel […]

Satellite Logistics Group names senior sales director, while Integrity Logistics selects new president.

Federal Maritime Commissioner William P. Doyle praised the statement from ocean carrier group OCEMA, but noted officials “still need to address an important liability issue for the shippers” in order […]

The National Transportation Safety Board hopes to recover the voyage data recorder and use it in the agency’s investigation into why the TOTE Maritime general cargo vessel sank last fall, […]

The 3rd Circuit U.S. Court of Appeals decision, which relies on a 1866 Supreme Court opinion, is being heralded as a victory for ocean carriers.

The sale of a relatively young 5,447-TEU post-panamax vessel “does not appear to be a one-off event,” according to the mapping, ship search and valuation service VesselsValue.

India and Russia have become the 76th and 77th countries, respectively, to ratify the World Trade Organization’s Trade Facilitation Agreement (TFA).

Kansas City Southern’s net income grew 6.8 percent to $108.1 million in the first quarter of 2016 on revenues that dropped 7 percent compared to the previous year, according to […]

The World Customs Organization has produced a case study to help better illustrate how customs authorities take into account transfer pricing information during verification of a cross-border shipment’s customs value.

Annualized turnover rates at large truckload fleets grew two percentage points to 102 percent, while turnover at smaller fleets surged 21 points to 89 percent in the fourth quarter of […]

The locks are scheduled to undergo a technological upgrade this summer to replace a half-century-old master control system that opens and closes the waterway passage.

The cargo division of Virgin Atlantic will commence its seasonal service between Chicago and London Heathrow tomorrow.

Cargotec subsidiary MacGregor has been contracted to supply two bulk carriers for Algoma, a Canadian Great Lakes shipping company, with gravity self-unloading systems.

The cargo airline commenced a new service from Abu Dhabi, United Arab Emirates to Muscat, along with a new service from Abu Dhabi to Kuwait.

The Netherlands-based third-party logistics company reported an operating loss of 1 million euros (U.S. $1.13 million) on revenues that fell 2.2 percent year-over-year for the first quarter of 2016 to […]