The Commerce Department has found evidence that silicon metal imports from Australia, Brazil and Norway are being dumped on the U.S. market at less than fair value.
The global logistics software provider is anticipating more acquisitions, but despite being very well capitalized and having a healthy balance sheet, it will continue to be “prudent” in its evaluations, […]
The Commerce Department determined that U.S. imports of polytetrafluoroethylene resin, a substance typically used as a non-stick coating for pans and other cookware, from India are receiving export performance-based subsidies […]
REZ-1 appoints CEO and the American Trucking Associations’ Technology and Maintenance Council elects 2018-2019 chairman.
The trucking group has called on the U.S. House Committee on Transportation & Infrastructure to “urgently conduct” an oversight hearing on the implementation of the Federal Motor Carrier Safety Administration’s […]
President Donald Trump has nominated Patrick J. Fuchs and Michelle A. Schultz to serve five-year terms as members on the U.S. Department of Transportation’s Surface Transportation Board.
The 10,081-TEU Maersk Shanghai lost between 70 and 73 cargo containers Saturday night about 17 miles off the coast of Oregon Inlet, N.C., but all crew members are safe and […]
UPS appoints new chief operating officer and international president, while BDP International names managing director for Middle East, Turkey and Africa.
As part of an effort to assuage U.S. Customs and Border Protection post-departure filing concerns, the Commercial Customs Operations Advisory Committee (COAC) is developing a concept that correlates the two […]
U.S. Customs and Border Protection (CBP) is in the process of investigating 15 duty evasion cases, amidst the executive branch’s budget request calling for 140 more personnel to work in […]
Gov. Phil Murphy said he wants to help reduce diesel truck pollution at ports, calling it vital to disenfranchised communities surrounding the ports.
The Western Canadian port handled a record 142.1 million metric tons of cargo in 2017, with containerized cargo and bulk grain movements hitting new highs.
The “initial formula” for bond calculation is expected to be finalized by late April, according to a document submitted prior to a quarterly meeting of U.S. Customs and Border Protection’s […]
The U.S. maritime regulator collected a total of $465,000 in civil penalties from the non-vessel-operating common carriers for allegedly violating the Shipping Act or commission regulations.
Despite a 3.5 percent decline in January 2018, total throughput at the Port of Virginia so far in fiscal year 2018 is up 4.4 percent compared with the same period […]
U.S. Customs and Border Protection is still working with its Commercial Customs Operations Advisory Committee in finalizing new requirements for the Customs Trade Partnership Against Terrorism.
Shipment volumes for the month slid 1.7 percent from December, but were up 12.5 percent compared with January 2017, while expenditures fell 1.8 percent sequentially, but rose 14.2 percent year-over-year, […]
The German ocean carrier increased its operating result, revenues and volumes from 2016 figures, largely thanks to its acquisition of United Arab Shipping Co., which closed May 24, 2017.
Mike Toohey, CEO of Waterways Council, Inc., said several elements of President Donald Trump’s plan, including the proposed decrease of federal dollars, will be “non-starters” in terms of gaining industry […]
The global third-party logistics provider managed to increase earnings, revenues and volumes during the year, in addition to closing on various acquisitions.
United States gross domestic product (GDP) increased at an annual rate of 2.5 percent in the fourth quarter of 2017, according to the “second” estimate from the Department of Commerce, […]
The total value of cross-border trade between the United States and its partners in the North American Free Trade Agreement (NAFTA) rose 7.4 percent year-over-year to $93.5 billion for the […]
NC Ports hires director of carrier and trade development, Dayton Freight Lines names regional vice president of operations, and the University of Denver appoints supply chain studies faculty member.
Third-party logistics provider CEVA Holdings posted a loss of $197 million in 2017 compared with a $159 million loss the year before, according to the company’s most recent financial statements.
Sea World Management & Trading and Edmon Fajardo were convicted Monday of maintaining false and incomplete records related to oil and garbage discharges from a tanker that was operating off […]
The Seattle-based third-party logistics provider posted net earnings of $489.3 million for the full year in 2017, a 14 percent increase from 2016, as revenues rose 7 percent to 2.3 […]
Although adverse currency exchange fluctuations caused Eimskip’s net earnings to tumble between 2016 and 2017, revenues surged, thanks to new acquisitions, volumes growth and increased international freight rates.
Qatar Navigation (Milaha) recorded a net profit of 469.8 million Qatari riyals (U.S. $129.1 million) for the year, as operating revenues slipped 2.4 percent to QAR 2.49 billion, according to […]
Over 1,000 local government leaders told Congress last week that heavier and longer trucks could harm the nation’s transportation infrastructure, despite companies like FedEx saying how an increased twin tractor-trailer […]
U.S. Federal Maritime Commission Acting Chairman Michael A. Khouri has recently appointed Rachel Dickon to serve as the commission’s secretary and Brian Troiano to director of the Bureau of Enforcement.
International trade volumes ticked up 0.3 percent in December compared with the previous month, according to the latest World Trade Monitor report from the CPB Netherlands Bureau of Economic Policy […]
U.S. Customs and Border Protection has yet to implement alcohol excise tax cuts mandated through recently enacted national tax reform legislation, leaving the trade community wanting more clarity on when […]
Intermodal pricing rose another 5 percent for the month compared with the same 2017 period, the sixteenth consecutive monthly year-over-year increase, according to the latest Cass Intermodal Price Index.
Domestic truckload pricing jumped 6.5 percent for the month compared to January 2017 following year-over-year increases of 6.3 percent and 6.2 percent, respectively, in December and November, according the latest […]
The agency’s new field office in Hanoi, Vietnam was established to help expand America’s $2.5 billion-a-year agricultural export business to the Southeast Asian country.
The Treasury Department’s Office of Foreign Assets Control has added another 27 shipping companies, along with 28 vessels, to its Specially Designated Nationals List in an effort to prevent North […]
The South Carolina Ports Authority’s container volumes sank 9.5 percent in January 2018 from 12 months prior.
The Kuwait City-based global third-party logistics provider posted a net profit of 68.5 million Kuwaiti dinars (U.S. $227.8 million) on KD 1.41 billion in revenues last year, increases of 16 […]
President Donald Trump on Thursday extended the national emergency on Cuba under the International Emergency Economic Powers Act.
ITS Logistics promotes chief financial officer, while the Port of New Orleans appoints board member.
U.S. President Donald Trump has said as far back as May 2017 he would be open to considering raising the federal gas tax as a means of funding infrastructure investment, […]
Among the actions called for by the brokers and forwarders group is for U.S. Customs and Border Protection to program the Automated Commercial Environment to allow for goods releases at […]
The designation of all of Miami International Airport (MIA) as a foreign trade zone (FTZ) magnet site will allow airport tenants to operate manufacturing and distribution facilities on airport property, […]
U.S. Customs and Border Protection and Procter & Gamble will work to prevent counterfeit P&G products from entering the country, with the company donating testing devices to determine product legitimacy.
BIMCO, a Copenhagen-based international shipping organization, said 2018 could be the year in which container shipping growth and demand growth come out equal.
Although container volumes to and from the United States and Canada are both projected to continue to increase in the coming year, the countries will “have two very different tales […]
Terminals operated by the Northwest Seaport Alliance (NWSA) of Seattle and Tacoma handled 250,762 TEUs for the month, a 16.7 percent decline from the same 2017 period.
The Athens, Greece-based dry bulk vessel owner recorded a net loss of $436.9 million for the fourth quarter of 2017.
The American Trucking Associations’ (ATA) seasonally adjusted For-Hire Truck Tonnage Index rose 2 percent in January 2018 compared with the previous month to a reading of 111.6.
Pure Collection, a Harrogate, England-based cashmere apparel retailer, reportedly sent a large portion of the illicitly shipped merchandise to customers in Maine.
Although container volumes to and from the United States and Canada are both projected to continue to increase in the coming year, the countries will “have two very different tales […]
Japanese ocean carrier MOL received immunity for revealing the cartel, while the fines for CSAV, “K” Line, NYK and WWL-EUKOR were reduced for their cooperation with the investigation.
S&P Global’s acquisition of the global trade data company is expected to close in the coming weeks.
The Honolulu-based ocean carrier posted a net income of $232 million for the full year in 2017, an increase of more than 185 percent compared with the previous year, according […]
Miami-Dade Aviation Department (MDAD) appoints new director and chief executive officer, while ECU Worldwide promotes regional sales manager.
The global port and terminal operator said it will continue its organic growth in the next three years and that it is currently engaged in negotiations to acquire ports and […]
Deployed capacity from Asia to the Mediterranean has increased over the year, and according to Drewry, there is unlikely to be any let up.
The Federal Aviation Administration has proposed a $63,750 civil penalty against J&J Tech Group of Miami for allegedly violating federal hazardous materials transportation by stuffing “hundreds” of lithium batteries into […]
Although overall cargo tonnage through the port inched up a modest 1.7 percent in 2017 from a year prior, container tonnage rose 10.9 percent.
The European Union’s international trade in goods surplus narrowed 28 percent to 25 billion euros (U.S. $31.1 billion) last year, as a 7.7 percent increase in exports was offset by […]
House Transportation and Infrastructure Committee member Alan Lowenthal, D-Calif., told American Shipper that Trump’s plan resembles a “skeleton” with “no meat on it,” in contrast with the House Sustainable Energy […]
The Department of Homeland Security is proposing $1.6 billion to drive construction of 65 miles of new southern border walling, and $1.9 billion for Coast Guard recapitalization to “secure maritime […]
The Campaign for Accountability (CfA) alleges that Heath Hall, who recently resigned as deputy administrator of the Federal Railroad Administration (FRA), violated criminal law by making false claims about receiving […]
SeaIntel Maritime Analysis highlighted how utilization and rates on both the Transpacific and Asia-Europe container trades fell in late 2017 when carriers failed to limit capacity.
The trucking trade group has petitioned the agency to allow drivers to stop their 14-hour clock to take a rest break for up to three straight hours, and to eliminate […]
Federal Railroad Administration Chief Counsel Juan Reyes on Thursday defended his agency’s enforcement of positive train control, an anti-crash technology railroads are expected to implement by Dec. 31, 2018.
Despite the Southern California port’s container volumes falling 2 percent in January 2018 from 12 months prior to 808,728 TEUs, it was only the seventh time it had eclipsed the […]
U.S. Customs and Border Protection processed $2.39 trillion in imports during the year, with the number of imported cargo containers at U.S. ports of entry totaling over 28.5 million, a […]
The port said its increase in exports, which increased 2.1 percent to 74,883 TEUs, were boosted by a weak dollar.
Lower sulfur fuel is expected to reduce deaths and illness from small particulate matter, but its use could also contribute to global warming.
The U.S. Senate confirmed Ronald Batory as administrator of the Federal Railroad Administration and Ray Martinez as administrator of the Federal Motor Carrier Safety Administration.
The National Transportation Safety Board last week released its final report on the investigation of the El Faro, a cargo ship that sank in October 2015 during Hurricane Joaquin while […]
A U.S. District Court in Minnesota sentenced a former Canadian Pacific Railway employee to a year in prison on Tuesday for his deliberate attempt to sabotage the company’s computer system.
Terminals operated by Yildirim Group subsidiary Yilport Holding handled 4.3 million TEUs of containerized cargo in 2017, and the firm expects to move 4.73 million TEUs this year, Yilport said […]
Short-line and regional railroad operator Genesee & Wyoming (G&W) posted a net income of $549.1 million for the year, a 289 percent increase from 2016, according to the company’s latest […]
However, the South Korean ocean carrier recorded a deeper net loss for the year, partly due to a 479.5 billion won loss in the book value of 10 containerships sold […]
The Southern California seaport handled 657,830 TEUs of containers in January, 12.9 percent more than in January 2017, and an all-time high for the month.
Chicago-based freight broker and third-party provider Echo Global Logistics posted a net income of $13.3 million in the fourth quarter of 2017 compared to a $3 million loss the previous […]
The containership owner recorded a net income of $22.8 million for the quarter, a sharp increase from a net loss of $446.6 million for the fourth quarter of 2016 when […]
Net orders for North American Class 8 trucks in January 2018 jumped 28 percent from the previous month and 116 percent compared with January 2017, according to preliminary data from […]
MSC selects Terminal Investment Limited (TiL) CEO, Port of Redwood City executive director retires, the Suddath Companies appoints president of Global Logistics, and the Chartered Institute of Procurement & Supply […]
Uber CEO Dara Khosrowshahi said that although his company and Waymo parent Alphabet “won’t agree on everything going forward, we agree that Uber’s acquisition of Otto could and should have […]
The latest projection comes as ports covered by the National Retail Federation’s Global Port Tracker handled 1.72 million TEUs of imports in December and 20.5 million TEUs for 2017, year-over-year […]
The South Korean shipbuilder posted a net loss of KRW 572.3 billion for the quarter, compared to a net loss of KRW 351.8 billion for the fourth quarter of 2016.
The United States exported $7.27 billion worth of beef and $6.49 billion worth of pork in 2017, up 15 percent and 9 percent year-over-year, respectively.
The third-party logistics and multi-modal transportation services provider recorded a net income attributable to common stockholders of $3.3 million for its fiscal year 2018 second quarter, which ended Dec. 31, […]
The International Maritime Organization’s Subcommittee on Pollution Prevention and Response has proposed to move forward with banning the transport of non-compliant low-sulfur fuel on board ships when the 0.5 percent […]
While spot rates from Shanghai to Europe and the Mediterranean remained relatively unchanged since last week, rates from Shanghai to the U.S. trades had declined, according to the Shanghai Shipping […]
The Thomasville, N.C.-based less-than-truckload carrier recorded a net income of $463.77 million on revenues of $3.36 billion in 2017, up 56.8 percent and 12.3 percent year-over-year, respectively.
Danish shipping giant A.P. Møller-Maersk narrowed its overall loss to $1.16 billion for 2017, a year in which it divested its energy businesses and acquired container carrier Hamburg Süd.
The U.S. goods and services deficit jumped 12.1 percent to $566 billion in 2017, its highest level since 2008, according to the most recent data from the Commerce Department’s Bureau of Economic Analysis […]
Jianhua “Jeff” Li had received payments totaling over $1.1 million in sales proceeds from his participation in a scheme to smuggle counterfeit Apple iPhones and iPads from China into the […]
The Owner-Operator Independent Drivers Association had requested the exemption from the electronic logging device mandate for small trucking businesses with “exemplary” safety records back in November.
German business associations say they are fed up with an increase of cargo thefts throughout Germany and have launched a joint initiative to fight back.
The annual growth in total North American intermodal shipments was helped by a strong fourth quarter in which volumes grew 5.8 percent year-over-year, according to recent statistics from the Intermodal […]
SEKO Logistics appoints vice president of global airfreight, Port Tampa Bay hires VP of finance, and Evans Distribution Systems name IT director.
The $419 million deal will see Kirby Corp. absorb Higman Marine’s transportation fleet of 159 inland tank barges with 4.8 million barrels of capacity, and 75 inland towboats, according to […]
U.S. Reps. Jeff Denham, R-Calif., and Michael Capuano, D-Mass., said they look forward to hearing how efforts are coming along on the implementation of positive train control, which can prevent […]
Transportation and logistics companies added 11,100 jobs for the month following a revised 11,600-job gain in December 2017, according to recent preliminary data from the U.S. Department of Labor.
Dutch non-profit port community organization Portbase is partnering with PORTRIX LOGISTIC SOFTWARE to deliver the latter’s verified gross mass (VGM) application to its customers in the Netherlands, the companies said […]
