Total U.S. freight rail volumes grew another 5 percent for the month following a 3.3 percent gain in February, according to the latest data from the Association of American Railroads […]
COSCO SHIPPING Holdings Co., Ltd. turned a profit in 2017 and sharply increased revenues during the year amid higher volumes and improved freight rates.
The South Korean government will help local shipping firms place orders for 200 ships by 2020, including 140 bulk carriers and 60 containerships, according to a report from KBS World […]
Transportation management solutions provider McLeod Software has integrated with online freight marketplace Truckstop.com’s payment platform, LoadPay.
BDP International names vice president of global sales and marketing, while Pilot Freight Services appoints two regional vice presidents.
U.S. companies want something done about China’s trade practices, but fret over Trump’s approach to applying Section 301 tariffs on a powerhouse trade partner.
Honolulu-based ocean carrier Matson said two of APL’s vessels should not be eligible for Maritime Security Program payments.
The Federal Maritime Commission’s investigation into potentially unfair free time fees will help establish more uniform and predictable demurrage and detention practices at ports, according to Megan Montgomery, executive vice […]
Container shipping demand growth in 2018 and 2019 is likely to outpace fleet growth, resulting in slightly higher freight rates and profits for carriers, but, recent escalation in trade hostility […]
A tanker transiting the Bab al-Mandab, one of the busiest shipping lanes in the world, was attacked by Houthi rebels Tuesday.
Companies are challenged to hire the right personnel and create the internal wherewithal to keep up with compliance challenges bursting forth in 2018.
The U.S. maritime regulator calls on ocean carriers and terminals to provide details on detention and demurrage practices as part of its investigation, dubbed Fact Finding 28.
The U.S. maritime regulator asked container carriers and marine terminals to provide detailed information about their port demurrage, detention and free-time practices as part of its investigation announced last month.
The United Nations Security Council designated 27 vessels for port bans, de-flagging, or asset freezes, and prohibited transactions with several shipping companies that have links to North Korea.
Rates between Asia and the United States, Europe and the Mediterranean all declined considerably last week compared with the same period a year ago, but rates from Europe to the […]
Several United States airlines awarded flights to Cuba in 2016 have since returned them, and now the Department of Transportation is seeking to reallocate those flights to other airlines that […]
The total value of cross-border trade between the United States and its partners in the North American Free Trade Agreement (NAFTA) rose 9.9 percent year-over-year to $87.96 billion for the […]
The Texas port also posted a 7 percent year-over-year boost in cargo tonnage for the first two months of 2018.
The largest port on the U.S. East Coast set yet another monthly record in February, handling 521,921 TEUs after hitting a new January high a month ago, according to the […]
The Federal Railroad Administration (FRA) has released a status report detailing progress by major freight and passenger railroads in the federally mandated implementation of positive train control (PTC) systems.
Under the terms of the preliminary agreement, global port operator Gulftainer Group would lease the Port of Wilmington for 50 years and invest more than $580 million in the port […]
Container volumes from Asia to the United States will grow 6.8 percent in 2018 if there is not a trade war, according to a projection from Drewry Senior Economist Mario […]
Hong Kong-based third-party provider Kerry Logistics Network’s full year profits jumped 13 percent to $2.12 billion Hong Kong (U.S. $269.6 million) as revenues rose 28 percent from the previous year.
The trucking group expressed support for a bill introduced by Rep. Brian Babin, R-Texas, that would allow drivers to take one rest break per shift for up to three straight […]
TOTE Inc.’s president and chief executive officer announces retirement, as well as the Global Shippers’ Forum’s secretary general.
The White House released a list of objectives for a new infrastructure investment bill that reiterated President Trump’s objective of streamlining the project permitting process, but was scant on details […]
The agency will collect comments from stakeholders on costs, benefits, risks, and challenges to adopting positive train control systems through May 7.
Container volumes at the Port of Jacksonville in North Florida jumped 25 percent year-over-year to 100,346 TEUs in February 2018, thanks in large part to a 35 percent increase in […]
Norfolk Southern (NS) promotes vice president strategic planning and vice president industrial products; Port of New Orleans adds to board of commissioners; and CSAFE Global names new CEO.
Some say the current drop off in ocean freight rates is indicative of weakening fundamentals caused by persistent overcapacity, while others argue it’s just part of typical seasonal demand swings, […]
Imports of steel to the United States stood at 2.36 million net tons in February, an 18 percent decline from the previous month and a 13 percent year-over-year drop, according […]
United States gross domestic product (GDP) increased at an annual rate of 2.9 percent in the fourth quarter of 2017, according to the “third” estimate from the Department of Commerce, […]
Fleets have reacted to concerns about the driver shortage by raising pay, improving benefit packages, and offering other enticements to recruit and retain drivers, said Bob Costello, American Trucking Associations’ […]
Thanks to its merger with UASC last May, Hapag-Lloyd has strengthened its presence on routes between Asia and North Europe, and now has the strong fleet it needs to prosper, […]
The Taiwanese ocean carrier turned a profit in 2017 amid significant increases in consolidated revenues and volumes as it encountered tailwinds from a recovering shipping market.
Pricing on routes between Shanghai and the rest of the world fell another 4.3 percent last week, continuing a steady decline that began in early February, according to the Shanghai […]
Shipment volumes for the month jumped 5.9 percent from January and 11.4 percent compared with February 2017, while expenditures grew 5.2 percent sequentially and 14.3 percent year-over-year, according to the […]
Office of Management and Budget (OMB) Director Mick Mulvaney told reporters President Trump would sign the $1.3 trillion spending package passed by Congress on Friday, but Trump says he is […]
Ocean freight rates from Asia to the U.S. West Coast are following a similar pattern to last year, when early gains were followed by sustained declines after the Chinese New […]
Domestic truckload rates jumped 6.5 percent for the month compared to February 2017, following year-over-year increases of 6.5 percent and 6.2 percent, respectively, in January and December, according the latest […]
Intermodal pricing increased another 5.4 percent for the month compared with the same 2017 period, the 17th consecutive monthly year-over-year increase, according to the latest Cass Intermodal Price Index.
Port terminals operated by the South Carolina Ports Authority (SCPA) handled 168,480 TEUs of containerized cargo for the month, a 4.2 percent year-over-year decline, as the authority began construction on […]
The Northwest Seaport Alliance’s year-over-year increase in international container volumes in February offset a decline in domestic container traffic.
Michael Khouri, acting chairman on the U.S. Federal Maritime Commission, attended the Fourth Japan-U.S. Maritime Bilateral Meeting and met with regulators at the Japan Fair Trade Commission this week.
The American Trucking Associations’ (ATA) seasonally adjusted For-Hire Truck Tonnage Index slipped 2.6 percent compared with the previous month, but remained 5.7 percent higher than in February 2017.
CSX appoints a new vice president and controller, while Volga-Dnepr hires commercial director.
Hufbauer discussed potential implications of President Donald Trump’s Section 232 tariffs on aluminum and steel, the status of the NAFTA renegotiation, and the chances that the Trump administration could withdraw […]
The technology firm has introduced Skylark, a cloud-based, high-precision global navigation satellite system service for autonomous vehicles.
Singapore-based port terminal operator PSA International increased its earnings 5.1 percent to 1.23 billion Singapore (U.S. $936.3 million) in 2017, as revenues and container volumes climbed 7.8 percent and 9.8 […]
The annualized driver turnover rate at both large and small truckload (TL) carriers fell during the final quarter of 2017 compared with the previous three-month period, but rose when compared […]
Domestic container carriers ramped up capacity by adding vessels, containers and manpower to carry cargo for emergency relief and rebuilding efforts.
Lt. Gen. Todd Semonite, commanding general for the U.S. Army Corps of Engineers, told lawmakers he expects to complete five chief’s reports and recommend changes to two private sector-sponsored projects […]
The Senate confirmed Kevin McAleenan to serve as commissioner of U.S. Customs and Border Protection by a vote of 77-19 on Monday.
The U.S. Department of Agriculture and its counterpart in the South Korean government have reached an agreement on how to minimize the trade impacts when future cases of highly pathogenic […]
The U.S. Federal Maritime Commission has received 22 ocean transportation intermediary license applications and changes for review.
Individuals knowing of a reason why an applicant should not receive a license should contact the Office of Transportation Intermediaries.
The U.S. Federal Maritime Commission has received 22 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 22 ocean transportation intermediary license applications and changes for review.
The U.S. maritime regulator has received 22 ocean transportation intermediary license applications and changes for review.
FMC reviews 22 OTI license applications
The U.S. Federal Maritime Commission has received 22 license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from ACM Enterprises Group, Carson, Calif. (Edgar […]
FMC reviews 22 OTI license applications
The U.S. Federal Maritime Commission has received 22 ocean transportation intermediary license applications and changes for review.
UPS appoints managing director of UPS Korea, Amsterdam Airport Schiphol names cargo head, the National Retail Federation (NRF) appoints NRF Foundation president, and United Properties picks asset management vice president.
Anthony Reardon, the head of the union representing U.S. Customs and Border Protection (CBP) port officers, has raised concerns about the agency’s and Congress’ dedication to hiring more officers to […]
The French ocean carrier turned a profit in 2017, partly due to its acquisition of APL in mid-2016, and expects volumes to continue to hold strong this year.
The Dubai-based container terminal operator increased its profits, revenues and throughput in 2017 from the prior year.
The Limassol, Cyprus-based port terminal operator posted a net loss of $53 million compared with a $61 million profit in 2016, despite rising volumes and relatively steady revenues, according to […]
House members expressed concern about the stability of the Coast Guard budget, as well as the cuts to the Maritime Security Program and PL-480.
Acting U.S. Federal Maritime Commission Chairman Michael Khouri told House lawmakers at a hearing Wednesday that President Donald Trump’s fiscal year 2019 budget request of $27.49 million for the agency […]
The world’s largest ocean carrier has projected Mexico’s container trade will grow 6 percent this year as the country continues to be fueled by various economic tailwinds.
The International Air Transport Association has launched a new online air cargo tool, dubbed Dangerous Goods AutoCheck, to assist airlines, handlers, third-party logistics providers and shippers comply with dangerous goods […]
Broad-based economic expansion is accelerating thanks to “robust” investment growth and increases in international trade, but risks remain in the form of rising trade tensions, according to the Organisation for […]
The Government Accountability Office recommended that U.S. Customs and Border Protection work with partner government agencies to finalize an Automated Commercial Environment (ACE) work plan.
The California port handled 14.9 percent more loaded import containers in February from 12 months prior, reaching 174,902 TEUs.
300cubits adds to advisory board and Cargojet appoints new board chairman.
The U.S. Department of Transportation (USDOT) will allocate almost $500 million to 41 road, transit, maritime and rail projects under the Transportation Investment Generating Economic Recovery (TIGER) program.
The Ports of Los Angeles and Long Beach both experienced a strong February for containerized cargo throughput, particularly imports, as shippers scurried to get their goods moved from Asia before […]
The logistics arm of Japanese shipping company Mitsui O.S.K. Lines formed a partnership with California-based NEXT Trucking to make it easier for overseas companies to ship cargo to final distribution […]
Container carriers transported more than 13.8 million TEUs for the month, boosted by strong growth in exports from Asia and imports to North America, according to the latest data from […]
Transport Logistics International (TLI), a Maryland-based company that provides transportation services for nuclear materials, has agreed to pay a $2 million criminal penalty to settle allegations of bribing a Russian […]
The Port of Oakland on Monday released a plan for the next five years, dubbed “Growth with care,” that envisions more jobs and economic stimulus, as well as 8 percent […]
Ports covered by the National Retail Federation’s Global Port Tracker handled 1.72 million TEUs of imports for the month, a year-over-year increase of 1.8 percent, but the association warned new […]
President Donald Trump has removed Rex Tillerson as Secretary of State and said he plans to replace him with CIA Director Mike Pompeo.
Beam Bros. Trucking and its two owners have agreed to pay $1,025,000 to resolve allegations that they overcharged the U.S. Postal Service on contracts to transport mail, according to the […]
The union and employers revealed Friday they will resume master contract discussions, saying that issues and concerns regarding automation, which caused the talks to come to a halt in December, […]
Sources say little headway was made last week in talks between the union and New York Shipping Association where employers are attempting to bring costs and productivity more in line with other […]
Orient Overseas International Ltd., the parent company of container carrier OOCL, reported a profit attributable to equity holders of $138 million in 2017, as OOCL experienced “tremendous” growth in both […]
Transportation and logistics companies added 15,400 jobs for the month following a revised 11,800-job gain in January, according to recent preliminary data from the U.S. Department of Labor.
The Swiss-based freight forwarder reported net earnings of 57.5 million Swiss francs (U.S. $60.6 million) on CHF 5.53 billion in net forwarding revenues during 2017, year-over-year increases of 9.9 percent […]
The Adam Smith Project recently sat down with Brenda Smith of U.S. Customs and Border Protection’s Office of International Trade to review the agency’s progress on implementing the Trade Facilitation […]
The Commerce Department preliminarily determined that Chinese exporters of forged steel fittings to the United States receive countervailable subsidies, and is scheduled to announced its final countervailing duty determination July […]
Lars Jensen, chief executive officer of Seaintelligence Consulting, said that although consolidation among the largest carriers is likely coming to an end, smaller, niche carriers are just getting started.
The largest port on the U.S. East Coast handled 585,864 TEUs during the month, the most of any January in port history, according to the most recent data from the […]
The mid-Atlantic port saw throughput of containerized cargo fall 0.7 percent year-over-year in February 2018 following a 3.5 percent decline in January caused in part by the loss of workdays […]
Total U.S. freight rail volumes grew 3.3 percent for the month following a 0.1 percent uptick in January, according to the latest data from the Association of American Railroads (AAR).
Global air cargo demand soared 8 percent for the month, but recently announced U.S. import tariffs on steel and aluminum could bring volumes back down to earth, according to the […]
The German mail and logistics company posted revenues of 60.4 billion euros for the year, rising 5.4 percent from 2016, despite encountering headwinds from currency effects.
