Shipping

The third-party logistics services provider purchased private, non-asset truckload brokerage Bear Transportation Services for $26 million.

The Russian transportation and logistics company posted net profits of $12 million on revenues of $543.5 million for the first nine months of 2015.

Transport Corp. of America, a subsidiary of TransForce, has acquired an undisclosed majority stake in Optimal Freight, a privately held non-asset based truckload freight brokerage company.

The airline group will replace its remaining Airbus A321s with wide-body Boeing 777-200s between London Heathrow and Tel Aviv.

Gemini Shippers Group names VP for the U.S. southern region, while Kerry Logistics appoints managers in its U.K. operations.

While some containers will flow to Portland, others will be loaded on trains in Boardman, Oregon for shipment through Seattle and Tacoma.

The Northern California port expects to begin work in April on a project to raise cranes so they can accommodate vessels with capacity for up to 14,000 TEUs.

The container terminal at the Port of Antwerp took delivery of five new ship-to-shore gantry cranes for its new location at the Deurganck dock on the left bank in preparations […]

Truckload transportation and logistics provider Werner Enterprises will increase annual pay for approximately 1,400 company drivers across 48 states, effective Jan. 1 2016, according to a statement from the company.

The United States imported 2.99 million net tons of steel in October, 5.4 percent higher from September, but nearly one-third lower from Oct. 2014.

Major regional economies including China, India and Japan have experienced continued weakness in export-import activities, which has hindered the air cargo market.

The online e-commerce giant plans to deploy different unmanned aircraft systems for its planned 30-minute UAS delivery service depending on the environment.

Logistics services provider time:matters has expanded its same-day cargo network by accessing more than 50 direct airline connections from Amsterdam and another 50 from Paris to major European cities.

The global supply chain services and solutions provider introduced two new multimodal hubs located in Kuala Lumpur, Malaysia and Ho Chi Minh City, Vietnam.

A first in nation pest was discovered Nov. 12 inside a container of ceramic tile from Italy at the Baltimore Seaport.

Congress has until Friday to deliver a conference report reconciling long-term federal transportation and infrastructure spending measures put forth by the House and Senate and send it to both sides […]

Net income at the Israeli ocean carrier improved vastly compared to loss of $63 million in the third quarter of 2014 despite a 12 percent year-over-year reduction in total revenues.

Rates from Shanghai to Northwest Europe and the Mediterranean skyrocketed, while rates to the United States inched up slightly from last week.

FNV Ports union, concerned about jobs being eliminated when two new automated container terminals open at the Port of Rotterdam, is planning 24-hour strikes in December and January, according to […]

The construction of a wide access channel to Port Said East, which will permit uninterrupted vessel traffic to the Suez Canal Container Terminal, officially received approval last week.

Saverco NV on Tuesday will enter the final takeover phase of the outstanding shares of Antwerp-based vessel and aircraft operator CMB.

Boston Consulting Group’s “xChange” service is already being tested by a majority of top 20 global ocean container carriers and leasing companies, according to a statement from the company.

Eight of the 19 crew members on board the Fortune Life were rescued as the ship sank in the South China Sea on Friday, and the Philippine Coast Guard continues […]

The manufacturer opened an 11,000-square-meter plant in Jiangyin, China, which will serve Asia, the Middle East and the United States West Coast.

Ocean carriers Maersk Line and CMA CGM issued general rate increases.

Port of Stockton names marketing manager and the Hong Kong Shipowners Association elects officers, while APEC reappoints secretariat executive director and Cargotec names IT VP.

   This time last year anyone involved in America’s container trades was struggling to efficiently move an influx of inbound traffic out the marine terminals and into the country’s commerce. […]

   The loss of the cargo ship El Faro and its crew of 33 in Hurricane Joaquin on Oct. 1 is the biggest tragedy for the U.S.-flag merchant marine in […]

   Speaking this September during the A.P. Moller-Maersk Group’s Capital Markets Day, Kim Fejfer, chief executive officer of APM Terminals, said his division was “in a strong position in a […]

   It’s no secret, containerships are getting bigger. Unfortunately, port and inland transportation infrastructure in the U.S. simply hasn’t kept pace with the progressively larger vessels.    One of the […]

   APL is concentrating six U.S.-flag ships into a single transpacific string, called the Eagle Express (EX1), which will focus on trying to attract commercial  shippers needing rapid transits eastbound. […]

State’s wine exporters find success, despite an intensively competitive market.

   2015 has been a big year for mergers and acquisitions in the transportation and logistics industry, and roll-up powerhouse XPO Logistics is by no means the only well-known company […]

The U.S. Gulf port also expects to benefit from continuing population migration to Texas and the expansion of Panama Canal, which is scheduled to be completed in April 2016.

Meanwhile, a Federal Aviation Administration task force released its recommendations regarding a registration program for unmanned aircraft systems that will affect the use of drones in both commercial and recreational […]

Box volumes at the largest U.S. East Coast port were up 11 percent year-over-year in October, driven primarily by a 9.8 percent spike in loaded import containers.

Descartes Systems Group said Wednesday it has acquired Oz Development, a provider of application integration solutions that help small-to-midsized businesses automate their logistics and supply chain processes.

The Danish ocean carrier increased average vessel capacity on its AC2 loop, which operates between Asia and the western coasts of Mexico, Panama and Colombia, by 13 percent.

The Crown Emma ran aground on the western bank of the Bosphorus Strait near Kirecburnu, Turkey and nearly collided with a gas station on shore, according to reports from Splash […]

The Singapore-based ocean carrier joined MOL’s GPX loop this week to offer capacity from Balboa, Panama to Callao, Peru.

The Netherlands-based third-party logistics provider opened a 33,000-square-foot distribution center yesterday 16 miles from Kuala Lumpur that is designed to provide ambient and temperature-controlled storage.

Industry groups said they are willing to work with the port to speed cargo through POLB, but expressed concern about how the plan might affect shippers, who want to pick […]

Maffei, a former U.S. Representative for New York, will take the place of current Commissioner Richard A. Lidinsky, Jr., according to a statement from the White House.

The Hong Kong-based ocean carrier will launch its standalone KTX8 loop, which connects Japan, China and Taiwan with Thailand and Vietnam, next week.

The Icelandic liner carrier posted net earnings of 8.5 million euros on operating revenues of 129.7 million euros for the third quarter of 2015, year-over-year increases of 12.7 percent and […]

The second phase of the Aqaba Logistics Village, which includes 13,000 square meters of warehousing and 40,000 square meters of open yard space, opened Nov. 12.

The airline group recently commenced its new Cargo Connector delivery service, which takes freight directly from the aircraft and delivers it to the forwarder’s handling facilities, for the first time […]

The company, part of cargo handling solutions provider Cargotec, has been contracted by South Korean ship builder Hyundai Heavy Industries to deliver comprehensive roll-on/roll-off access equipment packages for two post-Panamax […]

CSX has named its vice president of strategy, while European forwarder association CLECAT appoints new president.

One of the common themes in presentations from railroad industry executives and experts at the RailTrends 2015 conference in New York City was the shift in customer expectations from that […]

The Transpacific Stabilization Agreement’s 15 members plan a $1,200-per-FEU rate hike on Asia-U.S. West Coast trade Jan. 1 and want a minimum rate of $1,700 per FEU to the U.S. […]

The U.S. Maritime Administration notified the Mississippi State Port Authority that the Port of Gulfport has been designated as a “strategic seaport” by the Military Surface Deployment and Distribution Command.

Stock in Neptune Orient Lines, parent of liner company APL, have risen nearly 22 percent since the beginning of the month as the company entered acquisition talks with CMA CGM.

CMA GM, Hapag-Lloyd and ANL will change the rotation of their joint NEWMO/EAX service, which currently operates between North Europe, the Mediterranean, Oceania, Asia and the Indian Subcontinent, in December.

The Office of Management and Budget approved of $1.35 million in funding for the U.S. Army Corps of Engineers to conduct a cost-benefit study for a new lock in Sault […]

The online retail giant will open two new fulfillment centers outside of Columbus, Ohio, the company’s first in the state.

The port recently began importing avocados from Mission Produce farms in northwestern Peru, according to a statement from the Georgia Ports Authority.

The non-vessel operating common carrier will launch a less-than-container-load import service between Taiwan and New York.

Ocean carriers Maersk Line and Wan Hai issued general rate increases.

Intelligrated picks senior director for commercial operations and Jettainer names new sales director.

A tie-up between Singapore’s Neptune Orient Lines, parent of liner company APL, and CMA CGM of France would combine the third and thirteen largest container carriers worldwide.

Deputy Administrator Manuel E. Benitez says Panama Canal Authority will have better idea in December whether the canal will open in April as now scheduled.

FMC Chairman Mario Cordero said shippers are complaining about higher PierPass costs and worsening service.

The third largest container carrier said that it has outperformed a market plagued by overcapacity and lower rates.

In addition to the overall SCFI reading, rates from Shanghai to Northwest Europe, the Mediterranean and the United States have all fallen for the past three consecutive weeks.

A half dozen former U.S. agriculture secretaries from both Republican and Democratic White Houses are urging Congress to pass the Trans-Pacific Partnership.

U.S. truck trailer net orders totaled 32,200 units in October, a 7 percent decrease from September and a 30 percent decline from the same period in 2014.

The United States exported 811,584 net tons of steel in September and 7.75 million net tons of steel during the first nine months of 2015, down 21.5 percent and 15.3 […]

AirBridgeCargo Airlines, a subsidiary of Volga-Dnepr Group, has added Atlanta to its North American route network with the start of twice-weekly flights.

The airport handled 409,034 tons of cargo in the third quarter of 2015, a 0.08 percent year-over-year decline.

The Netherlands-based third-party logistics provider opened a new headquarters for South America and a Center of Logistics Excellence in Sao Paulo, Brazil.

The Oklahoman inland river port saw water-borne cargo throughput rise 82 percent month-over-month in October to 170,751 tons.

Chinese ocean carrier COSCO will join the Ocean3 Alliance’s Columbus service, which operates between Asia and North America’s east and west coasts.

The short-sea carriers commenced the Portugal and South Spain service, which operates with three, 700-TEU containerships, Oldenburg-Portugiesische Dampfschiffs-Rhederei said.

The retailer-owned wholesale hardware cooperative is transforming its fleet of leased and company-owned vehicles to now include professional drivers, routing and scheduling services provided under a Ryder Dedicated Transportation Solutions […]

The shipping company’s growth of more than 40 percent over the past four years spurred it to open a new, 21,000-square-foot Nassau County, N.Y. headquarters.

The airline group has taken measures to ensure goods are shipped in time for the holiday season.

The shipping and logistics provider will open a UPS Integrad training center in Atlanta, GA. this December, which features an outside course that mimics a small town.

Christopher Koch, senior advisor to the World Shipping Council, says container shipping faces a cost-control crusade and “green storm” of environmental regulations.

With a lack of preference cargo, carriers that move international cargo are exiting the U.S. flag; fleet has shrunk from 106 to 78 in past four years.

China’s National Development and Reform Commission is visiting liner carrier offices throughout the country as part of its surcharges investigation.

GSF says debate is needed on whether 2M, G6, CKYHE and O3 deliver real competition, or if shippers would be better served by fewer lines competing head-on.

Canadian Pacific is looking to merge with fellow Class I railroad Norfolk Southern, but NS appears less than receptive to the offer, referring to it as a “low-premium” offer in […]

Evergreen, COSCO, Hanjin and Yang Ming issued a seasonal suspension for their jointly operated AWS/NUE3 loop between Asia, Central America and the U.S. East Coast.

The ocean carrier broke ground on a construction project at its Isla Grande Terminal in San Juan, Puerto Rico, which includes the development of a new pier and all associated […]

Viking Supply Ships AB’s fully-owned subsidiary, TransAtlantic AB, will sell its container operations to X-Press Feeders and its ship management operations to AtoB@C.

The U.S. Department of Agriculture’s Foreign Agricultural Service has awarded fiscal year 2016 funding to more than 60 U.S. agricultural organizations to help expand commercial export markets for their members’ […]

The International Trade Commission on Tuesday started an investigation to assess the likely impact of the Trans-Pacific Partnership Agreement on the U.S. economy.

The parcel giant anticipates using the net proceeds from the offering for general corporate purposes, including the repayment of commercial paper, according to a statement from the company.

The Dow Jones Transportation Average closed at $8,058.30 on Tuesday, after falling 4.4 percent over the course of last week.

Cargo volumes at Hong Kong International Airport rose 2 percent year-over-year in October to 392,000 tons.

Under strategic plan, the Mobile, Ala.-based company will focus on Jones Act shipping, pure car-truck carriers, and its rail ferry between the United States and Mexico.

KN FreightNet, which allows users to quickly obtain quotes and place bookings, became available to Kuehne + Nagel’s Seafreight less-than-container-load segment.

The third-party logistics provider won a three-year contract to provide BMI Healthcare with distribution and warehousing services throughout the United Kingdom.

The less-than-truckload carrier opened a new service center in Grayling, Mich. yesterday to replace its smaller service center in Kalkaska, Mich.

The Slovenian port ordered the cranes as part of an investment to reach an annual throughput of 1.3 million TEUs at its container terminal by 2020.

The Canadian port and City of Port Moody formed a partnership to establish an anchorage area to resolve issues related to abandoned and illegally anchored vessels in Port Moody Inlet.

Port Freeport’s CEO will retire, while National Interstate appoints a new president.

NTSB says the Navy was unable to locate ship’s mast and its base where voyage data recorder was mounted.

Congress has until the end of the week to reconcile respective long-term federal transportation and infrastructure spending bills from the House and Senate and prevent a shutdown of highway funding.