Montreal, Canada-based Class I railway Canadian National saw net income tick up 2.9 percent year-over-year to C$3.64 billion (U.S. $2.78 billion) in 2016 on revenues that slid 4.6 percent to […]
The nominations of Wilbur Ross as Secretary of Commerce and Elaine Chao as Secretary of Transportation have been approved by the Senate Committee on Commerce, Science, and Transportation, and now […]
The seasonally adjusted For-Hire Truck Tonnage Index slipped 6.2 percent to a reading of 133.8 compared with the previous month, following a revised 8.4 percent jump in November, according to […]
Brian A. Kenney, president and chief executive officer of GATX Corporation, said the company achieved record earnings per share for the full year of 2016.
The Florida Department of Transportation announces secretary resignation, names interim secretary, while CenterPoint Properties hires vice president of investments.
Total deal value and volume in the transportation and logistics industry for the full year in 2016 fell 31 percent and 6 percent, respectively, from the previous year, according to […]
The trucking technology provider said the new product offers rating solutions based on dimensional weight, modeled on Mexico-to-Mexico postal codes and delivered in Mexican pesos.
Total cross-border trade between the United States, Mexico and Canada grew 3.3 percent after falling in 21 of the previous 22 months compared with the prior-year period, according to the […]
The South Carolina Ports Authority said container volumes, breakbulk tonnage, and vehicle shipments all increased in December from a year prior.
The integration solution gives McLeod PowerBroker users access to project44’s less-than-truckload API-based transportation solutions.
Röhlig appoints director of global contract logistics, while Cozen O’Connor adds to its transportation and trade group and East Coast Warehouse & Distribution names senior director of customs examination services.
Chaos in the ocean shipping industry has led to a winter of shippers’ discontent as freight transportation managers scramble to determine how carriers will meet their transportation requirements after several […]
However, FMC Commissioner William P. Doyle, who voted against the amendment, said it is beyond the scope of the Shipping Act and harmful to the U.S. tugboat industry.
In terms of loaded containerized cargo, the Georgia Ports Authority set a record for 2016, handling 2.95 million TEUs of loaded containers thorughout the year.
The Shanghai Containerized Freight index fell 1.9 from last Friday to a reading of 971.64, but the index is still much higher from a year prior.
The freight visibility software provider said it will be aggressively pursuing plans through 2017 to introduce support for additional modes of transportation.
Truckload pricing dipped another 0.9 percent for the month compared to December 2015, the tenth consecutive month of year-over-year declines, according to the latest Cass Truckload Linehaul Index.
The Lowell, Ark.-based intermodal and trucking provider’s net earnings for 2016 inched up 1.1 percent from 2015 to $432.1 million.
Intermodal pricing increased 1.5 percent for the month compared with the same 2015 period, just the third year-over-year increase since December 2014, according to the latest Cass Intermodal Price Index.
Online freight forwarder iContainers already had offices in Florida, India and Spain prior to the opening of its newest office in Rotterdam.
Warren T. Burns, a partner at the Dallas-based law firm Burns Charest, which has represented shippers, said the decision was inconsistent with the position taken by the Federal Maritime Commission and […]
Shipment volumes for the month slid 1.2 percent from November, but were up 3.5 percent compared with the same 2015 period following a 0.5 percent year-over-year decrease the previous month, […]
The Omaha, Neb.-based Class I railway posted a net income of $4.2 billion for 2016, an 11 percent decline from 2015.
Global trade management solutions provider GTKonnect has acquired ECCNSelect software and its patented technology platform for ECCN determination and management.
DHL Global Forwarding appoints head of operations in Hong Kong and Macau, while FourKites adds to management team, GAC announces new C-level appointments, and Centiro names vice president of sales […]
The deployment of ultra-large containerships has not only increased average vessel size on key east west trades, but has accelerated the consolidation of carriers into vessel sharing agreements and alliances.
The container freight market is strengthening as carriers begin some 2017 negotiations, and Drewry said some shippers could see contract rates rise 20-40 percent in worst case scenarios.
The World Customs Organization entered into a memorandum of understanding with the Organization for the Prohibition of Chemical Weapons (OPCW) to strengthen national and international controls related to trade of […]
Port of Seattle Commission elects new leadership, while American Trucking hires senior vice president of legislative affairs and Aljex Software creates new position, vice president of technology.
The Jacksonville, Fla.-based Class I railway said that in 2016, the industry continued to face headwinds from low global commodity prices and the strength of the U.S. dollar.
A study prepared for the Directorate-General for Climate Action found that savings from Flettner rotors and wing sails are seen as comparable.
A fire broke out in the engine room of the Alliance St. Louis on early Monday morning in the Gulf of Mexico.
The port handled a record 2.65 million TEUs in 2016, a 4.2 percent jump from 2015, with increases in both imports and exports.
The Canadian port handled 10 percent more cargo in 2016 and opened a new container terminal in the Viau sector in November.
The Institute of International Container Lessors appoints new chairman, Dayton Freight promotes three employees to service center positions, and Page International names director of sales.
E-commerce growth, products no longer being fully built at just one facility, and “building to order” replacing “building to stock” have resulted in a more complex supply chain.
The Georgia Ports Authority and the South Carolina Ports Authority signed an agreement in 2015 to develop the Jasper Ocean Terminal, which will be jointly owned and operated by both […]
The Shanghai Containerized Freight Index’s increases on the Shanghai to U.S. trades were partially offset by declines on the Shanghai to Europe/Mediterranean trades.
The Californian port said it is prospering despite Ports America and Terminal Investment Ltd. ending their operations at the Outer Harbor Terminal last year.
The global port terminal operator’s terminals in Singapore handled 30.59 million TEUs in 2016, while volumes at its other locations totaled 37.04 million TEUs.
The U.S. Justice Department said two shipping companies were ordered to pay a combined $2.7 million for illegally dumping oily wastes into the ocean.
The Federal Aviation Administration has proposed fines against Jegs Automotive and Amazon in separate incidents involving undeclared flammable and toxic liquid shipments.
The U.S. Court of Appeals for the 7th Circuit denied the Owner-Operator Independent Drivers Association’s rehearing request against the Federal Motor Carrier Safety Administration’s mandate to electronically track commercial truck […]
The U.S. Department of Transportation is establishing a new advisory committee focused on automation research, development and regulation across several transportation modes, the department said in a statement.
Inna Kuznetsova, president and chief operating officer of INTTRA, explained the reasons behind the company’s rapid growth in a recent interview with American Shipper.
Outgoing Vice President Joseph Biden released a report Tuesday outlining the benefits of the 2009 American Recovery and Reinvestment Act on improving the nation’s transportation infrastructure.
The contract freight rate benchmarking company warned, however, that stability will be hard to come by, and if just one or two carriers begin to drop rates and chase market […]
The port of Bushehr is capable of offering services for all containerized cargos including refrigerated products and provides an alternative to Bandar Abbas for shippers sending cargo to and from […]
However, the Federal Aviation Administration said it will no longer require U.S. airlines to make pre-boarding notifications to passengers that the fire-prone Samsung Galaxy Note7 mobile phones are prohibited on […]
International Maritime Bureau Director Pottengal Mukundan said kidnappings in the Sulu Sea, which is located between East Malaysia and the Philippines, are a particular concern.
Federal Maritime Commission Chairman Mario Cordero says he is willing to discuss the agency’s concerns with Port Authority of New York/New Jersey and OCEMA member carriers, leaving the door open […]
The U.S. trade deficit totaled $45.2 billion in November, up 6.8 percent from October as exports declined amid stronger domestic demand for imports.
The International Air Transport Association attributed the continued growth to more shipments of silicon materials for high value electronics, an apparent turnaround in new export orders, and the modal shift […]
Major container ports in the United States handled 1.64 million TEUs in November, down 6.6 percent from October but up 11.2 percent from November 2015, according to the Global Port […]
The port handled a record amount of loaded containerized cargo in 2016, despite the decision by Ports America and Terminal Investment Ltd. to close their operation at the port’s Outer […]
The United States experienced growth in beef, pork and lamb exports in terms of volumes and value in November 2016 compared to 12 months prior.
The South Carolina Ports Authority handled 1.996 million TEUs in 2016, beating its previous calendar year container throughput record set in 2005.
Logistics Plus hires new head of sourcing division, while the Cargo Incident Notification System names deputy chairman.
Global trade in 2016 was sluggish, as import volumes and global container throughput dipped, but the negligible dip in global trade was accompanied by radical shifts in freight pricing.
Sen. John Thune, R.-S.D., was selected to lead the Senate Committee on Commerce, Science and Transportation for a second straight term.
The Oregon Supreme Court is being asked to look at the legality of subsidies the Port of Portland gave to ocean carriers in 2012 and 2013.
International Maritime Organization Secretary General Kitack Lim cautioned that including shipping in the European Union’s Emission Trading System could undermine efforts to reduce greenhouse gas emissions from shipping on a […]
Canada’s trade surplus of C$526 million for November came as a surprise, as analysts had projected the nation would experience a trade deficit for the month.
The total value of cross-border trade between the United States, Mexico and Canada has now fallen in 21 of the last 22 months compared with the prior-year period, according to […]
Transportation and logistics employment grew for the third straight month in December following revised gains of 13,000 positions in October and 11,400 jobs last month, according to recent preliminary data […]
The Intermodal Association of North America selects new board members and officers, while Pender & Coward adds to its maritime, admiralty and transportation practice.
Net orders for North American Class 8 trucks totaled 21,200 units in December 2016, up 10 percent from the previous month and in line with analyst expectations, according to freight […]
The freight forwarder and customs broker has merged with Fred P. Gaskell Co. of Norfolk, Va., effective Nov. 1, 2016, according to a statement from the company.
The global shipping consultancy said there will be minimal aggregate multipurpose fleet growth to 2020, due to increased demolition levels in the multipurpose and competing sectors, combined with the decreased […]
Combined United States carload and intermodal cargo volumes increased for the second consecutive month in December 2016, but the growth was not enough to offset several months of previous year-over-year […]
Page International promotes director of sales and GlobalTranz hires senior vice president of carrier relations.
The international shipping organization said 2017 will be another die-hard year of competition and it projects the container shipping segment to see a net fleet growth of around 3.1 percent […]
The Pacific Merchant Shipping Association said container terminals at the ports of Los Angeles and Long Beach had an average container dwell time of three days in November.
The newly created entity will be led by Martin Klepper, a senior partner in the Energy and Infrastructure Project Group at Skadden, Arps, Slate, Meagher & Flom, LLP.
Railway employment levels in the United States have now fallen in 17 of the last 19 months, according to recent data from the U.S. Surface Transportation Board.
Port of New Orleans names president and chief executive officer, while Canadian Pacific adds board member and ChassisFinder hires general manager.
U.S. gross domestic product increased 3.5 percent in the third quarter of 2016, according to the “third” estimate from the Department of Commerce, up from previous estimates of 3.2 percent […]
The Shanghai Containerized Freight Index stood at a reading of 951.66 on Dec. 30, increasing 15.5 percent from a week prior.
The Northwest Seaport Alliance, which comprises the ports of Seattle and Tacoma, Wash., handled a total of 336,381 TEUS for the month, a 20.2 percent increase from the same 2015 […]
The Antwerp Port Authority’s new CEO steps into role Jan. 1, while Singapore Post names former Toll Global Forwarding chief its global CEO.
The Belgian port experienced an increase in throughput from 2015 to 2016, driven by increased shipments of liquid bulk and containers.
The 2M Alliance will skip various sailings on the Asia-North America and Asia-North Europe/Mediterranean trades, while Hapag-Lloyd unveiled skipped voyages between Asia and South America.
The Baltic and International Maritime Council said tonne-miles from U.S. coal exports have declined by half over the past thee years.
Despite mergers and acquisitions, the industry is still plagued by overcapacity, and cost for new entrants is low.
Although the Shanghai Containerized Freight Index has remained stagnant over the past several weeks, the index is 68.6 percent higher than 12 months prior, and was especially boosted after Hanjin’s […]
The U.S. Federal Aviation Administration proposed civil penalties against three shippers that violated the country’s hazardous materials transport regulations.
The ocean shipping industry set new records for demolition this year, sending 201 ships with an aggregate capacity of 699,000 TEUs to the scrapyard as of Dec. 20, according to […]
However, despite the port experiencing its best November ever in terms of containers handled, its share on the North American container market declined from 12 months prior.
The U.S. maritime regulator said it is inviting comments no later than Feb. 28 on the petition that was filed by the Coalition for Fair Port Practices earlier this month.
The Memphis, Tenn.-based integrator saw it’s shares drop 3.4 percent in a day after reporting adjusted earnings per share of $2.80 in its fiscal second quarter, an improvement from the […]
The Georgia Ports Authority handled more containers in November compared to 12 months earlier, thanks to a strengthening export market and a busy peak holiday season.
U.S. Customs and Border Protection officers at the Port of San Juan, Puerto Rico found two shipments from China containing more than 1,400 hazardous toys and 3,500 unsafe Christmas light […]
Air Canada appoints chief commercial officer, while the Transportation Marketing & Sales Association names membership committee chairman and Hill Dickinson further expands its marine practice.
In attempts to push back against the campaign to turn independent owner-operators in the port drayage industry into employees, the statewide trucking trade association filed a lawsuit last week against […]
The Memphis, Tenn.-based integrator posted a net income of $700 million on revenues of $14.9 billion for the second quarter of fiscal year 2017, which ended Nov. 31, year-over-year increases […]
CargoNet and AFN Logistics compiled a list of the top ten counties in the United States with the highest amount of reported cargo thefts between July 1, 2013 and July […]
The seasonally adjusted For-Hire Truck Tonnage Index jumped 8.2 percent to a reading of 142.4 compared with the previous month, following a revised 0.3 percent drop in October, according to […]
Crane Worldwide Logistics hires regional sales manager for its U.S. West region, while Overseas Shipholding Group names new president and CEO and Wilhelmsen Ships Service appoints general manager for Wilhelmsen […]
The South Korean liner carrier, which reported a profit of 297 billion South Korean won on revenues of 1.078 trillion won for the third quarter of 2016, is reportedly planning […]
Analysts have speculated ZIM could be the next firm swept up in the wave of consolidation in the ocean shipping industry, but the Israeli carrier has outright rejected the idea […]
