CSX CEO E. Hunter Harrison promised “precision scheduled railroading” under his watch, but significant service problems by the railroad and the outcry from shippers seeking relief has pressed the U.S. […]
Japanese ocean carriers NYK, MOL and “K” Line all recorded year-over-year revenue growth in their container segments for the quarter ending June 30, 2017, thanks to rising freight rates.
The 1998 Ocean Shipping Reform Act mandated that non-vessel-operating common carriers publish the services that they offer and make sure the information is electronically accessible, and NVOs have been fighting […]
“K” Line names managing executive director; Virgin Atlantic Cargo appoints managing director; Crane Worldwide Logistics selects vice president, global specialized solutions; and Hill Dickinson hires legal director for its growing […]
Orient Overseas International Ltd., parent of Hong Kong-based container carrier OOCL, posted revenues of $1.41 billion for the second quarter of 2017, up 23.8 percent from the corresponding 2016 period.
Total value of cross-border trade between the United States and its partners in the North American Free Trade Agreement rose 9.4 percent year-over-year in May to $98.2 billion.
Since last week, rates from Shanghai to the U.S. West Coast have surged 37.6 percent, from $1,226 per FEU to $1,687 per FEU.
A total of $17.2 million in cargo was reported stolen from the United States and Canada during the second quarter of 2017, down from $31.5 million for last year’s second […]
Kansas City Southern names VP of sales and marketing for the energy and short line relations business unit, and VP of intermodal relations, while Delta Airlines appoints vice president of […]
U.S. Customs and Border Protection on Thursday released its newest schedule for delivering the remaining post-release capabilities in its new umbrella information technology system, the Automated Commercial Environment.
The European Union’s competition watchdog said Belgium and France have until the end of 2017 to take the necessary steps to remove the tax exemption.
The Atlanta-based parcel giant recorded a net income of $1.38 billion on revenues of $15.75 billion for the quarter, as its U.S. Domestic Segment thrived from growing demand for e-commerce […]
The Long Beach Board of Harbor Commissioners elects new board president, vice president, and secretary; MacroPoint hires chief financial officer; and Union Pacific appoints board member.
Representatives from the air cargo industry told House lawmakers Tuesday that the current method and number of data elements supplied to CBP’s Air Cargo Advance Screening program are sufficient.
Fueled by a 15 percent increase in income from railway operations and a record operating ratio, Class I railway Norfolk Southern’s earnings during the quarter shot up 23 percent to […]
Association of American Railroads President and CEO Edward Hamberger called on the Surface Transportation Board to withdraw pending proposals he says are not consistent with the deregulatory goals outlined in […]
The air cargo industry is urging Capitol Hill lawmakers to keep up pressure on the Transportation Security Administration to expand its freight screening capabilities through the use of third-party explosive […]
The seasonally adjusted For-Hire Truck Tonnage Index stood at a reading of 138.5 in June, down 4.3 percent from the prior month’s reading of 144.7, according to the American Trucking […]
Crowley names vice president of international business and development, ClearMetal appoints vice president of supply chain management, Anacostia Rail Holdings names vice president of its Pacific Harbor Line subsidiary, and […]
Trucking and logistics provider Werner Enterprises’ net income for the second quarter of 2017 shot up 27 percent year-over-year to $23.2 million on the back of improved freight volume metrics, […]
The American Waterways Operators has released a study documenting the contribution of the U.S. tugboat, towboat and barge industry on the nation’s economy.
Launched in November 2015, BCG xChange aims to make it more efficient for ocean carriers to reposition empty cargo containers and has now introduced a new feature allowing users to […]
Kansas City Southern posted record second quarter revenues of $656 million, a 15 percent year-over-year jump, fueled by carload volume growth in four out of the Class I railroad’s six […]
The Senate Appropriations Committee has approved the FY2018 Energy and Water Development Appropriations Bill, which allocates $6.2 billion for the Army Corps of Engineers, up $190 million from FY2017 and […]
Genesee & Wyoming Australia appoints CEO, the Port Authority of New York and New Jersey’s board of commissioners selects a new vice chairman for the port authority, and Roadrunner Transportation […]
Although 19 states have passed laws regarding autonomous vehicles, they vary from state to state, posing challenges to the implementation of the technology, according to Larry O’Rourke, manager at global […]
However, the Eden Prairie, Minn.-based third-party logistics provider’s revenues for the quarter surged 12.4 percent year-over-year, driven by volumes growth across all transportation services.
The international freight forwarding and logistics company recorded a consolidated net profit of 29.9 million Swiss francs (U.S. $31.4 million) for the first six months of 2017, up 37.2 percent […]
The U.S. Federal Maritime Commission this week proposed to remove several container carriers from its so-called “controlled carrier” list, due to the fact they are no longer majority owned or […]
The Mondovi, Wis.-based temperature-sensitive truckload carrier recorded a net income of $9.1 million and operating revenues of $171.5 million for the quarter, up 7.2 percent and 3.3 percent year-over-year, respectively.
The Long Beach Board of Harbor Commissioners approves the appointment of the port’s managing director of finance and administration, GCT appoints new president and CEO, BIFA elects national chairman, and […]
Omaha, Neb.-based Class I railway Union Pacific reported earnings per share of $1.45 for the quarter, up from $1.17 per share a year prior and surpassing the Zacks consensus estimate […]
Delta Air Lines Cargo appoints director, cargo sales for the Asia-Pacific region; and the Transportation Trades Department, AFL-CIO’s executive committee elects president and secretary-treasurer.
U.S. Rep. Brian Babin, R-Texas, has filed the ELD Extension Act of 2017 (H.R. 3282), which would delay the implementation of the electronic logging device mandate for commercial trucks from […]
CSX Corp.’s second quarter 2017 net earnings, revenues and volumes all increased from a year prior, as E. Hunter Harrison completed his first full quarter as chief executive officer of […]
Financial services firm HSBC has entered into a new supply chain finance partnership with GT Nexus, a provider of cloud-based business applications.
The Belgian port recorded year-over-year tonnage increases in the container, breakbulk, liquid bulk and dry bulk sectors for the first half of 2017.
The Swiss-based third-party logistics provider has been busy this quarter, entering into new acquisition agreements as its second quarter net earnings grew 2.1 percent year-over-year to 191 million Swiss Francs […]
The Lowell, Ark.-based intermodal and trucking provider’s earnings per share of $0.88 for the quarter fell short of analyst expectations, but operating revenues rose 7 percent from the second quarter […]
The U.S. diesel-powered heavy truck fleet of about 3 million vehicles is now 30 percent cleaner in terms of emissions and more fuel efficient than it was five years, according […]
The Federal Maritime Commission completed compromise agreements with eight non-vessel-operating common carriers and one unlicensed entity for Shipping Act violations which resulted in the collective recovery of $925,000 in civil […]
A former general manager at Timber Creek Resources in Newton, Wis., pleaded guilty and was sentenced this week for criminal violations of U.S. Plant Protection Act regulations that govern the […]
The Office of the Revenue Commissioners, the Irish government agency responsible for customs, excise and taxation, said the illegally imported cigarettes arrived in containerized shipments from Vietnam and China via […]
Major retail container ports in the United States can expect two of the busiest months ever for imports in July and August, according to the latest monthly Global Port Tracker […]
The Federal Maritime Commission on Tuesday hosted nearly 40 industry representatives to spend the next two days sharing strategic information on how to keep the export-side of the U.S. supply […]
Ronald Batory, who has more than 46 years of field and system experience in the railroad industry, retired as president and chief operating officer of Consolidated Rail Corp. on April […]
4flow names executive vice president, Milestone Equipment Holdings appoints president and chief executive officer, the New York/New Jersey Foreign Freight Forwarders & Brokers Association elects new president, and Tideworks Technology […]
The U.S. Department of Transportation’s Office of Inspector General is conducting an audit to address concerns about oversight of federal funding or financing for positive train control projects and recipients’ […]
With so much acrimony already between the U.S., Mexico and Canada over various commodities traded across their borders, just imagine how hard it will be for the Trump administration to […]
The North Atlantic port handled 565,052 TEUs in May, up 7.6 percent from May 2016, and officials expect volumes to grow even further now that ships up to 18,000 TEUs […]
As of June, 178 containerships with an aggregate capacity of 474,000 TEUs were idle, with over half of the ships having a capacity of 2,000 TEUs or less, according to […]
The Northern California port handled 204,255 TEUs for the month, with full container imports reaching 80,253 TEUs and full container exports totaling 75,460 TEUs.
The United States increased its amount of beef, pork and lamb exports in terms of volumes and value in May compared to a year prior, according to data from the […]
Janel Group, Inc. names new president, while the U.S. Army Corps of Engineers, Charleston District appoints new commander.
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 […]
Spot container rates from Shanghai to Europe, the Mediterranean and the United States all declined since last Friday, according to figures from the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index.
The National Customs Brokers and Forwarders Association has offered the Federal Maritime Commission myriad suggestions on how the agency rules applying to NVOs and forwarders should be amended or eliminated.
Meanwhile, President Donald Trump is currently attending the G20 Summit in Hamburg, where members – comprising 19 countries and the European Union – are discussing international trade, among other global […]
The U.S. Federal Maritime Commission has received 15 ocean transportation intermediary license applications and changes for review.
State-run Chinese conglomerate COSCO Shipping Holdings is projecting a net income for the first half of 2017 of around 1.85 billion yuan (U.S. $272 million).
United States gross domestic product increased 1.4 percent in the first quarter of 2017, down from from a 2.1 percent growth rate the previous quarter but up from previous projections, […]
The State Council of the People’s Republic of China held a meeting Wednesday in which guidelines were approved to take measures to reduce logistics costs and improve logistics efficiency.
United States railroads originated 1.07 million carloads and 1.11 million containers and trailers in June 2017, year-over-year increases of 4.4 percent and 4.6 percent, respectively.
Virgin Atlantic Cargo names head of global accounts and regional sales manager for the United Kingdom, while the Short Line Safety Institute selects its executive director.
The settlement agreement, which resolves all legal issues related to allegations the Kuwait-based 3PL overcharged the Department of Defense while supplying food to U.S. military troops, will allow Agility to […]
Other factors contributing to the derailment of a BNSF ethanol train on Sept. 19, 2015 near Lesterville, S.D., included an FRA regulation that allowed high-hazard flammable unit trains to continue […]
Logistics enterprise software provider WiseTech Global reached a deal to acquire Bysoft Solucoes em Sistemas Para Comercio Exterior Ltda (Bysoft), the largest provider of automated customs solutions to the logistics […]
ZIM names president and chief executive officer, Kane Is Able appoints senior vice president of sales and marketing, and the 21st Singapore Shipping Association introduces SSA Council 2017/2019.
U.K. Customs has approved a new electronic “fallback” system to take over the processing of air cargo shipments should the agency’s umbrella IT system experience a prolonged outage.
The U.S. Transportation Department’s Infrastructure for Rebuilding America (INFRA) discretionary grant program, which advances a pre-existing grant program established in the 2015 FAST Act, will place a heavy focus on […]
A group of 13 companies have joined forces with the International Maritime Organization as part of the Global Industry Alliance to reduce carbon output in maritime transportation.
Spot container rates from Shanghai to Europe, the Mediterranean and the United States all increased since last Friday, according to the latest figures from the Shanghai Shipping Exchange’s Shanghai Containerized […]
The National Academies of Science, Engineering and Medicine released a report that gave recommendations on reforming the Federal Motor Carrier Safety Administration’s Compliance, Safety and Accountability program.
According to a recent report from the Commerce Department’s International Trade Administration, global trade in U.S. media and entertainment goods in the next three years is expected to increase 8.3 […]
The Federal Aviation Administration said Dan Elwell, who has both extensive government and private sector aviation experience, has been sworn in this week as its deputy administrator.
The Federal Aviation Administration has proposed a $63,000 civil penalty against Terrazzo USA & Associates of McLoud, Okla. for allegedly violating federal hazardous materials regulations.
The Lake Oswego, Ore.-based railroad transportation equipment manufacturer’s revenues for the quarter, which ended May 31, 2017, tumbled 28.3 percent year-over-year to $439.2 million.
The Long Beach Board of Harbor Commissioners approves director of human resources services; and the Port of Corpus Christi Authority hires director of operations and financial controller.
The latest deployment of U.S. Customs and Border Protection’s Automated Commercial Environment (ACE), originally scheduled for July 8, will include liquidation, reconciliation, drawback, duty deferral, collections and the Automated Surety […]
The U.S. House of Representatives on Monday passed two separate bills in an effort make it easier for qualified military veterans to obtain their commercial driver’s licenses.
By using FourKites’ technology, HaulFox’s customers can experience full visibility of location and estimated time of arrival, including predictive weather and traffic impact on delivery times, every 15 minutes, FourKites […]
Class I freight railroads in the United States employed 149,032 workers as of the middle of May 2017, down 0.05 percent month-over-month and 2.4 percent year-over-year.
The ContainerPort Group, Inc. appoints senior vice president-Midwest, Cargo iQ names chairman of its membership board, and Transervice Logistics, Inc. appoints director of sales, Midwest.
Sen. Bill Cassidy, MD, R-La., has filed the License Natural Gas Now Act, while Sen. Ted Cruz, R-Texas, introduced the Natural Gas Export Expansion Act, both of which aim to […]
Since the start of 2017, newbuild contracts for the dry bulk and tanker shipping industries have collectively increased 20 percent from the corresponding 2016 period, according to the Baltic and […]
Despite a split vote among the four commissioners currently making up the Federal Maritime Commission, a discussion agreement between the Port of New York and New Jersey and OCEMA will […]
Rep. Alan Lowenthal, D-Calf., who co-chairs the PORTS Caucus, has introduced legislation that would create a dedicated revenue source to improve the country’s freight infrastructure.
Spot container rates from Shanghai to the U.S. East Coast and U.S. West Coast both declined since last Friday, according to the latest figures from the Shanghai Shipping Exchange’s Shanghai […]
MCC names CEO, Maersk Line appoints South East Asia managing director, Port of New Orleans’ board of commissioners elects chairman, Deutsche Post DHL Group names labor director and board member […]
The Competition Commission of South Africa said a merger between NYK, MOL and “K” Line would encourage anti-competitive behavior in the liner markets and the car carrier sector.
World Trade Organization Director-General Roberto Azevêdo said more needs to be done to ensure women have better access to the economic benefits of trade.
project 44 hires chief strategy officer; Crowley Maritime Corp. appoints vice president of safety, security, quality and environmental stewardship; and the Little Rock Port Authority’s board of directors elects chairman.
A survey conducted by Hart Research Associates found that 53 percent of respondents believe President Donald Trump’s proposal to shift the air traffic control function of the Federal Aviation Administration […]
Following extensive testing for potential pests, the U.S. Department of Agriculture’s Animal and Plant Health Inspection Service has proposed a rule to allow the import of fresh pomegranate from Turkey […]
The Taiwanese ocean carrier will initially offer direct, online booking to Alibaba.com’s customers from China’s main ports to Israel and the South American region.
AFN Logistics appoints vice president, customer supply chain; Virgin Atlantic Cargo names managing director; and Sandler, Travis & Rosenberg hires two compliance attorneys.
The average U.S. logistics cost for shipping goods fell 1.5 percent last year after growing at a 4.6 percent compound annual rate from 2010 to 2015, according to the annual […]
Although fines for no-show shipments are the right move for ocean carriers, for freight forwarders and non-vessel-operating common carriers, they could create a much larger challenge, according to Klaus Lysdal, […]
The Ocean Network Express – consisting of Japanese ocean carriers “K” Line, MOL and NYK – will have a containership fleet of close to 1.4 million TEUs when it launches, […]
The Montreal-based Class I railway has been ordered to pay a federal fine of $2.5 million Canadian (U.S. $1.9 million) and a provincial fine of C$125,000 in relation to a […]
