DHL Supply Chain appoints president of Automotive, North America, while WSP | Parsons Brinckerhoff names maritime manager for Southern California and Greenbrier Cos. hires director of global security.
However, COSCO SHIPPING Holdings said it does expect to have earnings before interest and tax of approximately 700 million Chinese yuan renminbi for the fourth quarter of 2016, excluding the […]
The Oak Brook, Ill.-based multi-modal transportation management company saw net income grow 5.4 percent to $74.8 million for the full year in 2016 even as revenues remained relatively flat compared […]
Chris Dupin, maritime and intermodal editor of American Shipper, examined the importance of protecting high-value parcel deliveries, using the outcome of Golden Hawk Metallurgical’s case against FedEx for the loss […]
Federal Maritime Commissioner Rebecca Dye said the reduction from four to three major container shipping alliances should decrease rates on the transpacific trade, but the decline could be offset by […]
Combined United States carload and intermodal cargo volumes increased for the third consecutive month in January 2017 following several months of year-over-year declines, according to data from the Association of […]
The Broward County, Fla. port posted a throughput of 104,590 TEUs for December 2016, a 15 percent increase from 12 months prior and the highest monthly total in the port’s […]
The U.S. Federal Maritime Commission has received seven ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received seven license applications for review. The FMC received non-vessel-operating common carrier license applications from Balkans Air Corp., Brooklyn, N.Y. (Begator Hila, president); and […]
The U.S. Federal Maritime Commission has received seven ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received seven ocean transportation intermediary license applications and changes for review. The FMC received a non-vessel-operating common carrier/ocean freight forwarder license application from U.S.A. […]
FMC reviews 7 OTI license applications
The U.S. Federal Maritime Commission has received seven ocean transportation intermediary license applications and changes for review. The FMC received non-vessel-operating common carrier/ocean freight forwarder license applications from […]
The U.S. Federal Maritime Commission has received seven ocean transportation intermediary license applications and changes for review. The FMC received a non-vessel-operating common carrier license application from Safeway Shipping […]
The Shanghai Containerized Freight Index, an estimate of spot rates published each Friday from Shanghai to 15 regions around the world, fell 0.6 percent since last Friday to a reading […]
The International Air Transport Association noted the 3.8 percent year-over-year increase in traffic was nearly double the industry’s five-year average growth rate of 2.0 percent, with all regions except Latin […]
OFAC move incorrectly interpreted by some lawmakers
The National Industrial Transportation League elects new chairman and board members, while Worldwide Flight Services hires chief information officer.
T.J. England, the chief legal officer for Salt Lake City-based trucking carrier C.R. England, said it intends to immediately appeal the decision.
The Northwest Seaport Alliance handled 3.6 million TEUs for the full year in 2016, a 2 percent increase from the previous year and the highest throughput for the ports since […]
Meanwhile, Landstar System, Inc.’s board of directors declared a quarterly dividend of $0.09 per share payable March 17, 2017 to stockholders of record at the close of business on Feb. […]
The U.S. Senate on Tuesday confirmed presidential nominee Elaine Chao, a former deputy secretary of transportation and secretary of labor, as secretary of the Department of Transportation by a vote […]
Despite surpassing analyst projections, C.H. Robinson’s earnings per share for the quarter were still lower than in Q4 2015, but revenues increased 6.4 percent year-over-year due to volumes growth across […]
France’s Total, the world’s fourth largest oil and gas company, will become a multi-fuel supplier for CMA CGM.
Although reported cargo thefts in California drastically increased from 2015 to 2016, logged incidents in Georgia were on the decline.
The temperature-controlled warehousing and logistics provider has acquired new buildings in Phoenix, Ariz. and Bethlehem, Pa., and plans to expand two others, adding a total of 21 million cubic feet […]
USA Truck names new chief executive officer and chief commercial officer, while Hansa Heavy Lift appoints managing directors and FourKites hires chief revenue officer.
The Atlanta, Ga.-based parcel giant and logistics provider reported a net loss of $239 million for the quarter compared with a $1.33 billion net profit in the same 2015 period […]
While the U.S. merchant marine has dramatically shrunk since World War II, mutual insurer American Club has adapted by expanding overseas.
The Chicago-based technology company, which builds APIs for the logistics and transportation industry, said the newly launched connectNG incorporates steps toward greater cloud security and enhanced ability to normalize disparate […]
The truckload transportation and logistics provider’s net income for the year tumbled 36 percent to $79.1 million compared with 2015 as revenues slipped 4 percent to just over $2 billion, […]
“K” Line announces changes to executive officers, Aegean Shipping Management appoints new chief executive officer, while American Airlines names successor to retiring senior vice president of international and cargo.
Two Floridian ports changed plans on inking deals with the Cuban government after Florida Gov. Rick Scott said he would recommend restricting state funds for ports that work with Cuba.
Michael A. Khouri is replacing Mario Cordero as acting chairman of the Federal Maritime Commission, but Cordero will remain as one of the five commissioners.
The Athens-based containership leasing company’s net income for 2016 totaled $81.7 million, a 43.2 percent decline from 2015.
The Mondovi, Wis.-based temperature-sensitive truckload carrier reported a net income of $33.5 million on operating revenues of $671.1 million for the full year of 2016.
Last year saw massive changes in container shipping, but will they benefit retailers and other shippers in 2017?
United States gross domestic product increased 1.9 percent in the fourth quarter of 2016, according to the “advance” estimate from the Department of Commerce, down from a 3.5 percent growth […]
However, the Hong Kong-based carrier’s year-over-year increase in fourth quarter revenues was not enough to stop a slide for the full year, with revenues falling 9.9 percent from 2015.
The International Air Transport Association’s Cargo-XML messaging standard is now fully integrated into ASYCUDA World, the United Nations Conference on Trade and Development’s automated customs management system.
The trucking and intermodal carrier said volumes and pricing during the year were pressured by excess industry capacity, excess customer inventories, a weakening used truck market and sluggish demand.
President Donald Trump has named current board member Ann Begeman acting chairman of the U.S. Surface Transportation Board, according to a statement from the STB.
Duluth Seaway Port Authority appoints new board members and B&H Worldwide expands international management team, while Montgomery McCracken adds to Maritime and Transportation practice and Holland & Knight hires senior […]
President Donald Trump threatens to impose a tax of up to 20 percent on Mexican imports as part of a plan to construct a wall between Mexico and the United […]
An estimated 1.69 million TEUs of vessel capacity is expected to be delivered in the coming year, more than twice the amount projected to be sold for scrap, according to […]
Starting April 1, 2017, the Berkshire Hathaway-owned Class I railway will offer discounts of $300 per carload for ethanol shippers that opt to use the newer, safer DOT-117 model tank […]
The truckload transportation and logistics provider’s earnings per share fell short of analyst expectations in the fourth quarter of 2016.
The airport handled more cargo tonnage in 2016 from a year prior, thanks to more international cargo transport, which was partially offset by declines in domestic cargo transport.
South Carolina Department of Commerce names new director of international strategy and trade, while Midwest Association of Rail Shippers elects 2017 officers and Roadrunner Freight appoints senior vice president of […]
The Class I railway has also raised its quarterly dividend and has named six people to new positions and duties.
While the Shanghai Containerized Freight Index showed spot rates averaged 7 percent less in 2016 compared to a year prior, the China Containerized Freight Index illustrated an even greater drop, […]
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.
The world’s largest manufacturer of shipping containers has advised shareholders and potential investors to exercise caution when dealing with its shares.
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 […]
