Shipping

Number four U.S. railway Norfolk Southern reported net income of $387 million for the first quarter compared with $310 million during the same 2015 period, according to the company’s most […]

The EUROGATE consortium signed a contract with Cypriot Transport Ministry today for the takeover of Limassol Container Terminal.

Ocean carriers Maersk Line, CMA CGM and Hapag-Lloyd have issued general rate increases.

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

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

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

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

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

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

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

Meanwhile, the European Commission Competition Directorate has set a “provisional deadline” for a decision on CMA CGM’s purchase of APL parent Neptune Orient Lines for this Friday, April 29.

The proposed alliance would become a dominant player in the three major east-west trades, beating out total capacity currently offered by the 2M Alliance on those trade lanes, according to […]

The ocean carrier posted revenues of $6.1 billion for 2015, a 16.8 percent increase compared to 2014.

The Shanghai Shipping Exchange’s Shanghai Containerized Freight Index fell from a reading of 472.07 last week to a reading of 457.70.

The ocean carrier alliance will deploy 10,000-TEU vessels on its new NYX loop between Asia and the U.S. East Coast.

The Japanese ocean carrier saw revenues fall 17.1 percent year-over-year in the first quarter of 2016 to $1.1 billion.

The agreement between Rickmers and Bahri includes port calls on the U.S. East and Gulf coasts, as well as ports in Saudi Arabia, Egypt, Jordan, Kuwait, the United Arab Emirates, […]

The Federal Railroad Administration released data illustrating how there are 15 crossings across the United States where at least 10 incidents occurred over the last decade.

The Swiss-based third-party logistics provider broke ground on a multi-purpose logistics center in Contern, Luxembourg.

The inland river port’s inbound waterborne cargo throughout in March primarily consisted of fertilizer.

Absence of balanced SOLAS enforcement will lead to competition distortion and significant interruption to supply chains, European logistics organizations warn.

The International Air Cargo Association said the industry, especially the intermediaries, has a role to play in keeping products that infringe on intellectual property rights out of the supply chain.

Agriculture shippers ask Senate for help with overcoming “significant challenges” in ocean shipping that could hurt the American economy.

Federal Maritime Commission Mario Cordero said Wednesday the agency has not yet received a formal filing by the container carriers that plan to establish the new OCEAN Alliance.

The decision is a reversal of plans announced in March, when the ocean carrier said it would deploy its flagship fleet of six, 18,000-TEU containerships between Asia and the United […]

Investment firm HCI Capital has taken over Hamburg-based shipping company Ernst Russ GmbH & Co., with its fleet of seven container and four ro/ro vessels.

The port’s throughput rose 0.2 percent year-over-year in the first quarter of 2016, as an increase in crude oil and oil products was offset by a drop in dry bulk […]

The global third-party logistics provider posted revenues of 5.6 billion euros for fiscal year 2015, a 6.5 percent year-over-year increase.

German ocean carrier Hapag-Lloyd revealed it is discussing a possible merger with United Arab Shipping Company.

German ocean carrier Hapag-Lloyd revealed it is discussing a possible merger with United Arab Shipping Company.

Ocean carriers CMA CGM, COSCO, Evergreen Line and OOCL revealed they will form a new alliance next April.

Ocean carriers CMA CGM, COSCO, Evergreen Line and OOCL revealed they will form a new alliance next April.

The Panama Canal Authority began taking reservations for larger ships that will be able to transit through the Panama Canal once the new, larger locks open for regular business June […]

The intermodal and trucking provider posted net earnings of $100.1 million for the first quarter of 2016, along with earnings per share of $0.88 cents, which surpassed analyst projections of […]

Freight transportation analyst firm FTR said U.S. truck trailer orders for March fell 35 percent over the previous month to 13,800 units.

The New York Shipping Association’s reduced assessment will apply to about 60 percent of import containers that move to within 260 miles of the port.

Pulse Canada has asked the Canadian government to postpone the sunset provisions of the Fair Rail for Grain Farmers Act, which will take effect Aug. 1.

Liner carriers Wan Hai and IAL will launch a service between China and Southeast Asia next week.

The paperless trade solutions provider opened an office in Shanghai, marking its first office in the Chinese market.

The Port of Jacksonville appointed a senior director of facilities development, while Lamar University named an executive director of its new Center for Advances in Port Management.

The Swiss-based third-party logistics provider increased net profits 10.5 percent year-over-year to 169 million Swiss francs for the first quarter of 2016.

ZIM Pacific Atlantic Service (ZPA) will start in early May and offer connections from the U.S. East Coast to South Korea and China.

Nine shipyards will share $4.9 million from the U.S. Maritime Administration for modernization projects aimed at making them more globally competitive.

Swiss WorldCargo, the air freight division of Swiss International Air Lines Ltd., has entered an agreement with va-Q-tec to provide cold-chain services for its global network.

The freight forwarding and logistics company launched two new less-than-container-load services.

South Korean steelmaker POSCO this spring plans to start building a $19 million wire rod processing plant at the Port of Indiana-Jeffersonville.

The National Shipping Company of Saudi Arabia, Bahri, saw net profits skyrocket 54 percent year-over-year in the first quarter of 2015 to 612 million Saudi riyal.

Third-party logistics services provider time:matters has expanded its same-day services from Portugal to about 20 destinations across Europe.

The logistics company opened a new 200,000-square-foot cold storage and blast freezing facility in Savannah, GA.

The airport handled 368,000 metric tons of cargo in March, a 1.1 percent year-over-year increase, primarily driven by 5 percent growth in exports and 3 percent growth in transshipments.

A federal factfinding agency’s report said while lifting U.S. trade and travel restrictions to Cuba will inevitably expand exports to the Caribbean country, those opportunities in the medium term may […]

One year after ports were snarled during ILWU contract negotiations, FMC has yet to receive complaint or petition.

A research ship will search waters off the coast of the Bahamas for a second time in an attempt to locate the voyage data recorder from the vessel, which may […]

U.S. Customs and Border Protection, and the Immigration and Customs Enforcement’s Homeland Security Investigations, reported that seizures of imports containing intellectual property infringements rose 25 percent year-over-year in fiscal year […]

The Federal Aviation Administration has proposed a $162,500 civil penalty against Airbus Defence and Space of Madrid, Spain, for allegedly violating federal hazardous materials transport regulations.

The Belgian port handled 53.3 million metric tons of cargo during the first three months of 2016, a 3.9 percent increase from the corresponding period in 2015.

Crowley Maritime Corp. took delivery Friday of Louisiana, the third of four new, Jones Act product tankers being built for the company by Philly Shipyard, Inc.

Ocean carriers Maersk Line, CMA CGM, COSCO, CSCL, Hapag-Lloyd, OOCL and MOL issued general rate increases.

Macquarie, which already owns several container terminals in the U.S. and Canada, will now own the largest container terminal at the Port of New York and New Jersey.

Meanwhile, Rep. Mark Sanford, R.-S.C. asked why commercial ships in domestic trade must be built in U.S. when 30 of 46 ships in Ready Reserve Fleet are foreign built.

Rates from Shanghai to Northwest Europe and the Mediterranean declined 6.9 percent and 6.6 percent, respectively, since last week, however various ocean carriers plan to increase rates from Asia to […]

Spot container rates from Shanghai to Europe, the Mediterranean and the United States all declined since last Friday, according to the latest figures from the Shanghai Shipping Exchange’s Shanghai Containerized […]

Allianz cautions shipowners not to skimp on maintenance and pay special attention when laying up ships.

Senate committee approves $25 million for ports that traditionally have received little money from the Harbor Maintenance Tax.

March volumes this year were lower at the Port of Long Beach, but the first quarter was the best since 2007.

The U.S. Justice Department said an arrest was made in New York this week of a Chinese businessman who attempted to obtain and illegally export military-grade carbon fiber to China […]

Shipboard union leader is remembered as bringing “stability and respect” to the Masters, Mates and Pilots organization.

The Luxembourg, Germany-based cargo-dedicated airline introduced a third weekly flight to Ho Chi Minh City, Vietnam.

The container terminal industry is facing challenges that include slowing global trade, larger ships, liner industry consolidation and extreme cost pressure, according to Kim Fejfer, chief executive officer of APM […]

Authorities last week searched the head offices of France’s Bolloré Group as part of an investigation into whether the logistics provider and terminal operator acted improperly in securing port concessions […]

The shipping company is launching a new freight service linking the Omani ports of Salalah, Duqm and Sohar with Jebel Ali in the United Arab Emirates.

The southeast Indian port set a record for container volumes record in March, handling a total of 61,390 TEUs during the month.

The Baltic Exchange’s main ocean freight index rose for the twelfth consecutive trading session Wednesday thanks to higher rates for panamax, supramax and handysize dry bulk vessels.

The air cargo terminal operator’s recently inaugurated cool center at Shanghai Pudong International Airport can handle 100,000 tons of temperature-sensitive goods per year.

Crowley Maritime, a pioneer in a trade that is still restricted under laws such as the Helms-Burton Act and Trading with the Enemy Act, has actually seen volumes fall in […]

The first phase of the “Middle Harbor Project,” due to go into operation this year, will add about 10 percent more container capacity to the nation’s second largest container port […]

German ocean carriers Hamburg Sud and Hapag-Lloyd are shifting two of their services from one member of the Northwest Seaport Alliance to the other.

The Jacksonville, Fla.-based railway posted net earnings of $356 million on revenues of $2.6 billion for the first quarter of 2016, year-over-year declines of 19 percent and 14 percent, respectively.

The Hong Kong-based logistics services provider entered into a memorandum of understanding to increase its stake in Indev Logistics Pvt. Ltd. from 30 percent to 50 percent.

Under the agreement, Air Canada Cargo will launch dedicated freighter services from Canada to Latin America and Europe with Cargojet-operated 767-300ER freighter aircraft.

During the month, London Heathrow Airport handled 131,661 metric tons of cargo, a 3.8 percent decline from March 2015.

The logistics services provider opened a new branch office in Miami, Fla. at the beginning of the month.

Meanwhile, Ed DeNike, president of SSA Containers, says truckers picking up import boxes at the Oakland International Container Terminal will need an appointment.

With freight rates already 20 percent lower than in 2015, the London-based shipping consultant is predicting prices will continue to slide in the second quarter of 2016.

An annex to the International Maritime Organization’s Convention on Facilitation of International Maritime Traffic aims to harmonize procedures for ship’s arrival, stay and departure from port.

The governments of the United States, Canada and Mexico are increasingly alarmed by the deteriorating conditions of their domestic steel industries due the overcapacity of steelmaking in the global market.

The status of BNSF Railway’s Southern California International Gateway project, a proposed intermodal rail facility near the ports of Los Angeles and Long Beach, is “uncertain” following a recent court […]

The Overland Park, Kan-based less-than-truckload provider introduced its new “Accelerated” service, allowing shipments to reach their destinations one to two days quicker than standard transit times.

The deployment of megaships, road congestion, and a decline in rail cargoes such as coal and crude oil are some of the reasons the Port of Long Beach is taking […]

Melbourne International RoRo & Automotive Terminal (MIRRAT), a subsidiary of Wallenius Wilhelmsen Terminal Holdings, has opened its new auto-handling terminal at Australia’s Port of Melbourne.

In addition, the cryogenic logistics services provider began providing logistics solutions that support ProteoGenex Inc’s shipping of biological specimens.

The United States exported 779,010 net tons of steel in February, a 0.4 percent decline from the previous month and an 11.3 percent year-over-year drop.

Estes Express Lines has opened a new terminal in Markham, Ill., to meet increased demand for the company’s services throughout the Midwest.

Longshore workers at Greece’s largest seaport walked off the job on Friday, shutting down container terminals, and marched in central Athens in protest against the government sale of Piraeus Port […]

The Port Authority of New York and New Jersey has issued a request for proposals to develop a long range plan to guide future growth and development of the port’s […]

Ports covered by the Global Port Tracker handled 1.54 million TEUs in February, a 3.7 percent increase from January, according to the National Retail Federation and Hackett Associates.

The “K” Line container terminal will have its berth rebuilt and four cranes added so that it will be capable of working two ultra-large 18,000-TEU containerships simultaneously.

Norwegian shipping company DSD Shipping has been sentenced to pay a $2.5 million fine resulting from convictions in Mobile, Ala., for dumping oily waste and garbage into the sea, according […]

Although airfreight volumes fell compared to last February, the results were skewed from the impact of the U.S. port strikes in early 2015, which caused a surge in airfreight volumes, […]