Maersk subsidiary APM Terminals has signed a 33-year lease with the Port Authority of New York and New Jersey, the longest in port history.

A top-secret group chat of U.S. officials discussing details of attacks aimed at reopening Red Sea shipping inadvertently included a journalist.

The National Transportation Safety Board said proper risk assessment by the state of Maryland could have averted the collapse of Baltimore’s Key Bridge that killed six road workers in 2024.

More than 8,700 members of the Brotherhood of Maintenance of Way Employes Division of the Teamsters Rail Conference ratified a new contract with the railroads of the National Carriers’ Conference Committee.

Cosco Shipping Holdings, China’s largest container carrier, saw heady improvement in revenue and profit in 2024.

The Port of Seattle says a controversial plan to rezone part of downtown for residential development will chip away at the city’s industrial base.

Ocean container rates on trans-Pacific routes to the U.S. continued to decline in the latest survey from Freightos.

The Port of Long Beach saw double-digit gains in overall container volumes in February.

Red Sea diversions hit liner operator Hapag-Lloyd’s profits despite higher revenues in 2024.

The leading U.S. container gateway saw overall volume climb in February.

Fresh off a year of recovery and stabilization, chassis manufacturers are counting on upgraded technology and revitalized fleets to maneuver through challenges in 2025.

Canadian ports on both coasts are grappling with extended dwell times, according to forwarder DHL’s March ports update.

The Cyber Readiness Institute (CRI), a provider of free cybersecurity resources to small and medium-size businesses, announced the appointment of Sasha Pailet Koff as its new managing director. Koff, who has served in senior digital leadership roles at Dell Technologies (NYSE: DELL) and Johnson & Johnson (NYSE: JNJ), will lead CRI’s mission to strengthen the […]

Wan Hai Lines, one of the Big Three Taiwanese container carriers, saw record revenue and profit in 2024.

Evergreen Marine Corp., the world’s seventh-largest box carrier, saw revenue and profits climb in 2024.

Yang Ming Transport Corp. said the Red Sea crisis and emerging Asian markets helped profit soar by nearly $2 billion in 2024.

Rail services provider County Line Rail has acquired short line Sabine River & Northern in east Texas.

Container terminal operator DP World reported record revenue in 2024 but weaker overall profit.

Operational expansions and a strategic move to leverage earnings against the trans-Pacific spot market helped Zim to massive profits in 2024.

The parent of Orient Overseas Container Line said 2024 earnings grew on higher revenue from supply chain disruptions that pushed up ocean rates.

The arrival of the Höegh Aurora, the world’s largest car carrier, marked a new era for Port Freeport, Texas.

A joint venture led by shortline operator OmniTRAX has acquired the Santa Maria Valley Railroad in California’s Central Coast region.

Tariff fears will continue to drive higher volumes of containerized imports this spring, according to the National Retail Federation’s Global Port Tracker.

The latest Drewry World Container Index finds ocean container rates down from pandemic highs but still above pre-pandemic levels.

Patriot Rail is partnering with CPKC to construct a transload facility in Denton, Texas, to handle an array of commodities and products.

Weekly U.S. rail traffic posted a 5.5% gain from the year-ago period as coal and grain led commodity gainers, according to the Association of American Railroads.

Shippers and carriers watch and wait as Trump trade policy whipsaws supply chain strategies.

The International Longshoremen’s Association and United States Maritime Alliance signed a new six-year master contract covering U.S. Eastern Seaboard and Gulf Coast ports.

An oil tanker operating as a U.S. military support vessel was on fire off the coast of England Monday after it was hit by a Portuguese-flagged container ship.

The logistics arm of the U.S. military wants to buy 10 cargo vessels to shore up its aging fleet of ships.

The Port Authority of New York & New Jersey saw continued strong container volumes in January.

A major U.S. shipyard has deployed 3D printing to create a key systems component during the construction of a new aircraft carrier.

While Red Sea conflict and the U.S. trade war depress container shipping rates, logistics services providers advise short-term flexibility to leverage emerging opportunities.

Months of frontloading by importers has further weakened trans-Pacific container rates amid a seasonal lull.

Commodities were narrowly ahead in weekly U.S. rail traffic, according to the Association of American Railroads.

President Donald Trump told Congress that the United States plans a range of incentives to revitalize domestic military and commercial shipbuilding.

The Belt Railway of Chicago has appointed former CN and CP executive Jerry Peck as president and general manager.

A consortium led by U.S. private equity firm BlackRock has agreed to purchase the Panama port terminals owned by CK Hutchison of Hong Kong.

American retail trade groups called for negotiations on border issues after the Trump administration levied 25% tariffs on all imports from Mexico and Canada.

A ONE container ship hit the bow of a Maersk boxship in Hong Kong.

CSX announced that members of the International Association of Machinists and Aerospace Workers ratified a new five-year agreement.

Marseilles, France-based CMA CGM saw shipping revenues and earnings improve on assorted geopolitical stresses in 2024.

U.S. intermodal chassis manufacturers are again asking the federal government for protection against chassis made in Mexico, Vietnam and Thailand.

The U.S. Port of Hueneme and ocean carrier NYK Line (OTC: NPNYY) have signed a memorandum of understanding (MOU) to establish a green automotive shipping corridor between Japan and Southern California.  The signing ceremony took place on Feb. 12 at the port, the companies said in an announcement. “The MOU solidifies the commitment of both […]

The Port of Baltimore saw its second-best year for cargo, as it continued to recover from the Key Bridge disaster.

After months off frontloading by importers that boosted prices, container rates on the trans-Pacific are declining following Lunar New Year, said analyst Freightos.

Members of the International Longshoremen’s Association voted overwhelmingly to
approve a new six-year contract with employers at Eastern Seaboard and Gulf Coast ports.

Proposed U.S. port charges aimed at China are the latest undercurrents roiling the global container market.

A plan to promote U.S. maritime interests by penalizing China shipping only complicates supply chain woes, say experts.

In a move targeting China’s maritime interests, the United States is proposing a range of fees that could cost ocean carriers millions of dollars each time they call a U.S. port.

An incorrect check valve led to the shipboard fire that killed two and injured one at Port Houston in 2024, according to the National Transportation Safety Board.

Frontloading of consumer goods through the Port of Long Beach ran volume to a record in January.

Railcar builder Trinity Industries saw fourth-quarter profit decline on lower deliveries despite improved lease rates.

The leader of the International Longshoremen’s Association is urging rank-and-file members to approve a tentative contract with port employers in a ratification vote on Tuesday.

Despite an uncertain outlook for trade, the Port of Los Angeles saw its busiest January for container shipments.

The Federal Maritime Commission announced that it is eliminating a half-dozen DEI-related elements from its 2022-2026 strategic plan.

The OOCL Iris on Tuesday became the largest-ever container ship to call the Port of Charleston.

Shippers have won a reprieve from levies on the United States’ largest trading partners, but tariff threats are boosting frontloading.

Union Pacific announced plans on Presidents Day to honor Abraham Lincoln with a commemorative locomotive.

Georgia’s Port of Brunswick saw vehicle volumes surge on expansion projects and diversions from the Port of Baltimore.

The Jacksonville Port Authority has completed the first of two vehicle berth projects to handle additional vehicle vessel calls.

A crew of 20 was safely rescued from the container ship MSC Baltic III after it ran aground off Nova Scotia.

In North Carolina, old railcars are getting new life as temporary road bridges after damage wrought by Hurricane Helene.

India plans a wide-ranging maritime initiative that includes the launch of a new container line.

The aircraft carrier USS Harry S. Truman and a Panamanian-flagged bulk carrier collided late Wednesday in the Mediterranean Sea.

Matthew Lane and Herman Crosson earn the American Short Line and Regional Railroad Association safety awards.

A tax credit to help pay for the renewal of the U.S. freight car fleet has been reintroduced in Congress.

The developing U.S.-China trade war will likely keep eastbound trans-Pacific container rates elevated as shippers pull imports forward.

Sacramento-based Sierra Northern Railway has acquired RailPower LLC in an effort to develop low- and zero-emission motive power.

Retailers will continue to bring shipments forward, elevating imports through major container gateways, according to the last Global Port Tracker forecast.

While the head of the Suez Canal expects shipping to normalize by late March, container shipping lines see a longer timeline.

HydroFleet and 3PL Hyundai Glovis announced plans to build a hydrogen production and truck fueling station near Georgia’s Port of Savannah.

International Longshoremen’s Association members will vote Feb. 25 on a new six-year master contract with East and Gulf Coast port employers.

A ceremony marked the opening of CPKC’s new Patrick J. Ottensmeyer International Railway Bridge crossing the Rio Grande, at the busiest rail gateway connecting the United States and Mexico.

A suspect has been arrested after Los Angeles port and city police broke up a crime ring that had stolen $600,000 worth of container chassis.

Container throughput at Georgia’s Port of Savannah was 11.4% higher y/y through the first six months of fiscal year 2025.

The Greenbrier Cos. said Chief Executive Lorie Tekorius has been appointed to the Portland, Oregon, branch of the Federal Reserve Bank of San Francisco.

Trans-Pacific container rates will likely remain elevated as importers look to avoid more U.S. import tariffs.

Maersk, the world’s second-largest container line, reported solid gains in 2024 in its ocean, logistics and terminals businesses.

Liner operator Ocean Network Express and LX Pantos are partnering on Boxlinks for U.S. domestic intermodal logistics.

French liner operator CMA CGM announced peak season surcharges for containers moving from Northern Europe to the United States.

The International Longshoremen’s Association’s wage scale committees this week will review the tentative contract with port employers ahead of a vote by union members.

The Port of Baltimore has deployed an electric railcar mover it says is a first for the U.S. maritime industry.

British infrastructure investor Ancala and Arkadia Rail Partners have teamed up to purchase Lehigh Valley Rail Management.

Container operator Hapag-Lloyd said preliminary results for fiscal year 2024 were improved over the previous year.

The Ocean Network Express alliance of K-Line, MOL and NYK saw profits skyrocket in the fiscal third quarter.

A new report from the Intermodal Association of North America found international volumes helped intermodal freight author a turnaround in 2024.

Here’s what you need to know as ocean carrier alliances prepare to deploy new and reorganized container services.

Canadian Pacific Kansas City said fourth-quarter revenues increased to $3.9 billion from $3.8 billion a year ago, as diluted earnings per share increased to $1.28 from $1.10 in the same quarter in 2023. The Calgary, Alberta-based company (NASDAQ: CP) said after markets closed that its operating ratio decreased by 210 basis points to 59.7% from […]

Maersk has won an additional two years for domestic container transshipments between ports in China. China’s Transport Ministry this week announced an extension of the pilot cabotage program through December 2027. The program aims to improve domestic export and import container flows between Yangshan port in Shanghai and select ports in northern China. It will […]

Trans-Pacific container rates eased in the most recent week as Chinese manufacturing and logistics activity wound down for the Lunar New Year holiday, which began Wednesday. Asia-U.S. West Coast ocean rates fell 7% to $4,938 per forty-foot equivalent unit for the week ending Jan. 24, according to the Freightos Baltic Dry Index. Asia-U.S. East Coast […]

The dollar value of cross-border freight moving between the United States, Canada and Mexico in November was unchanged from the previous year.

A strong shipping market helped secondhand container prices grow to an above-average finish in 2024, but it’s unclear whether that will be sustained heading into the new year. “With inflationary pressures persisting and central banks maintaining higher interest rates for longer, container owners will face increased total asset costs,” said Christian Roeloffs, co-founder and chief […]

Railcar and locomotive lessor GATX reported 2024 fourth-quarter net income of $76.5 million or $2.10 per diluted share, compared to net income of $66 million or $1.81 per diluted share in the fourth quarter of 2023.  Chicago-based GATX (NYSE: GATX) said utilization of its Rail North America unit’s wholly owned fleet, comprising approximately 111,400 cars, […]

While the global supply chain seemed whipsawed on a daily basis in 2024, one thing remained constant: a veritable tsunami of ocean containers moving through the Port of Los Angeles. The busiest U.S. maritime trade hub moved 10.3 million container units in 2024, a record 1.7 million TEUs or nearly 20% higher than a year […]

CMA CGM, the French container line that has continued to transit the Red Sea despite attacks on shipping, said it will continue to route most of its affected services away from the region.

CSX Corp. today reported fourth-quarter 2024 operating income of $1.11 billion that fell compared to $1.32 billion in the prior year period.  Revenue totaled $3.54 billion for the quarter, off 4% year over year as declines in fuel surcharge and coal revenue offset higher pricing, merchandise volume and volume growth in intermodal. Net income was […]

Union Pacific reported profit 7% higher from a year ago, as rail freight volumes gained and operating margin improved.

Union Pacific (NYSE: UNP) on Thursday said fourth-quarter profit increased 7% on improved grain and fertilizer shipments, and core pricing gains. Net income for the Omaha, Nebraska-based company was $1.76 billion, or $2.91 per share, in the fourth quarter, up from $1.65 billion, or $2.71 per share, in 2023.  Intermodal volumes were 6% better on strong […]

An investigation by the United States trade representative found evidence of wide-ranging plans by China that have helped it dominate the global ocean shipping and shipbuilding industries.