The credit rating agency said container shipping companies will continue to face oversupply, and profitability could be put under even more pressure if bunker fuel prices increase.
The Danish conglomerate said at its 2016 Capital Markets Day presentation that it wants container shipping to once again become a growth business for the company, while APM Terminals will […]
The group sent a letter to the President-elect, praising his recognition of the need for infrastructure investment and making suggestions on how to improve the economic competitiveness of the nation’s […]
Ocean carriers Maersk Line of Denmark, CMA CGM of France and Hapag-Lloyd of Germany issued freight rate increases.
Ocean carriers Maersk Line, CMA CGM and Hapag-Lloyd issued freight rate increases on various trades.
Ocean carriers Maersk Line, CMA CGM and Hapag-Lloyd have issued freight rate increases.
Ocean carriers Maersk Line, CMA CGM and Hapag-Lloyd issued freight rate increases.
Ocean carriers Maersk Line, CMA CGM and Hapag-Lloyd issued freight rate increases on various trades.
Ocean carriers Maersk Line, CMA CGM and Hapag-Lloyd issued general rate increases on various trades.
Hansa Heavy Lift appoints head of Asia Pacific, while Broekman Logistics promotes new managing director of warehousing and distribution and American Trucking Associations names Infrastructure Funding Task Force members.
Members of the 2M Alliance – Maersk and MSC – reached a space-sharing deal with HMM, which they said is “outside the scope” of the 2M Alliance, but will involve […]
Members of the 2M Alliance – Maersk and MSC – reached a space-sharing deal with HMM, which they said is “outside the scope” of the 2M Alliance, but will involve […]
The industrial real estate services and investment management firm said it anticipates low interest rates, healthy consumer spending and strong e-commerce will boost industrial and logistics real estate growth in […]
The index remained practically unchanged since last Friday, inching up 0.3 percent to a reading of 797.62.
Annualized turnover rates at large truckload fleets fell another 2 percentage points to 81 percent in the third quarter of 2016, the lowest level since second quarter 2011, according to […]
The Chicago-based technology company more than doubled its headcount and tripled its office space after securing its first round of outside funding in September.
The chief and second engineers of the Top Ship cargo vessel were sentenced Thursday to jail for their role in obstructing a U.S. Coast Guard inspection in July 2015 on […]
The Port of Virginia experienced its second busiest month ever in November for container volumes, handling 236,155 TEUs.
President Obama has sent his nomination of Ann Begeman for a second five-year term on the U.S. Surface Transportation Board to the Senate floor, according to a statement from the […]
American Soybean Association elects president and vice president, while the IATA FIATA Air Cargo Program nominates governance manager, and Hill Dickinson hires global head of shipping.
The U.S. Government Accountability Office found that tariff rates are generally more expensive than contract rates, but are usually more suitable for shippers with infrequent or small volume shipments.
H.R. 6455, the “Energizing American Maritime Act,” would require that up to 30 percent of exports of LNG and crude oil travel on U.S.-flagged vessels.
The Rhode Island Department of Transportation is asking for proposals from firms to design, build, operate and maintain electronic tolling facilities for the state’s truck-only tolling program, which has been […]
Combined United States carload and intermodal cargo volumes ticked up 1.1 percent for the month following several consecutive months of year-over-year declines, according to data from the Association of American […]
A coalition of 25 business groups has asked the Federal Maritime Commission to address fees imposed when shippers can’t pick-up and return cargo, containers and chassis for reasons beyond their […]
A coalition of 25 business groups has asked the Federal Maritime Commission to address fees imposed when shippers can’t pick-up and return cargo, containers and chassis for reasons beyond their […]
A merger of Yang Ming, which is 33 percent owned by the government, with a private company such as Evergreen Line, would be difficult to achieve, contends Chen Ou-po, a […]
The funds will be dispersed to 32 university transportation centers to advance research and education programs addressing critical transportation challenges in the United States, Transportation Secretary Anthony Foxx said in […]
The U.S. Transportation Department’s Federal Motor Carrier Safety Administration’s final rule requires commercial driver’s license applicants to demonstrate proficiency in knowledge and behind-the-wheel training, FMCSA said in a statement.
The August 2014 collision of two Union Pacific freight trains that claimed the lives of an engineer and a conductor was likely the result of both workers being asleep due […]
Advent Intermodal Solutions appoints newly created role of chief strategy officer, while the Soy Transportation Coalition elects new chairman and officers.
A report issued today by the AASHTO and the AAPA said the FAST Act has brought ports and cargo fully into the surface transportation network and has given the nation […]
The London-based shipping research and consulting firm said expenses have been cut to the bone in the past two years, so increases would not be unexpected.
The U.S. trade deficit surpassed analyst expectations in October, rising 17.8 percent month-over-month to $42.6 billion, as exports weakened amid higher imports.
A coordinated bargaining group comprised of six rail unions representing more than 58 percent of the workforce has applied to the National Mediation Board for the assignment of a federal […]
Net orders for North American Class 8 trucks totaled 19,300 units in November 2016, up 41 percent from the previous month and in line with analyst expectations, according to freight […]
The U.S. Department of Transportation’s Bureau of Transportation Statistics said that in September, 64.7 percent of freight between the United States and its partners in the North American Free Trade […]
Hamilton Port Authority names president and CEO, while St. George Logistics adds board member and Page International promotes new senior manager of exports.
The shipping research and consulting firm attributed November’s year-over-year increase in idled containership capacity to the Panama Canal’s new locks, which made smaller containerships less attractive, along with Hanjin’s bankruptcy.
The Coast Guard Marine Safety Center issued the certificate to Optimarin after its application for U.S. type approval was reviewed and determined to meet its requirements.
The container supply-and-demand balance stood at 7 percent at the end of 2015, and could grow to between 8.2 percent and 13.8 percent in 2020, the Boston Consulting Group said.
Ocean carriers Maersk Line, MSC, CMA CGM and Hapag-Lloyd announced new freight rates.
Maritime and Port Authority of Singapore appoints new chairman, while B&H Worldwide promotes managing director, Germany, ICAO names new president of its Air Navigation Commission, and ATA hires vice president […]
The Danish ocean carrier’s plan to acquire Hamburg Süd in 2017 caps a landmark year for consolidation in the container shipping industry, noted Mario Cordero, the chairman of the Federal […]
The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration today announced a final rule establishing a national database for the drug and alcohol testing records of commercial truck and […]
Transportation and logistics companies added 8,900 positions last month, following a revised 12,200-job increase in October, according to recent preliminary data from the U.S. Department of Labor.
The index’s slight increase reflected how the rate boost on the Shanghai to Northwest Europe and Mediterranean trades was partially offset by modest declines on the Shanghai to U.S. trades.
U.S. Rep. Bill Shuster, R.-Pa. has been selected to continue serving as the Transportation and Infrastructure Committee Chairman.
The cargo airline attributed the new record to growth in perishables traffic from Africa, U.S. inbound and outbound traffic, and volumes from Europe to the Asia Pacific.
The Israeli ocean carrier said its focus on select markets and investment in customer service will improve its position to endure the shipping crisis.
The United States agricultural industry is expected to reach a trade surplus of $21.5 billion next year, up about 30 percent from the projected $16.6 billion surplus in 2016, according […]
The National Transportation Safety Board on Dec. 13 will open the docket for its investigation into the sinking of the TOTE Maritime cargo ship last October to the public, including […]
Frank Lonegro, chief financial officer of the Class I railway, told investors and analysts at the Credit Suisse Industrials Conference the company has updated its fourth quarter earnings expectations to […]
Erie, Pa.-based Logistics Plus Inc., a transportation, logistics and supply chain solutions provider, has acquired the DoorLogistics door-to-door intermodal solution.
MOL appoints chief country representatives in Brazil and Mexico, while Bureau International des Containers names new secretary general.
The ship management software provider analyzed six ports throughout the world to better understand what impact the new verified gross mass amendment of the Safety of Life at Sea convention […]
Positive Train Control has been fully implemented on 12 percent of freight railroad tracks, up from 9 percent in the second quarter of 2016, according to the latest PTC progress […]
Elaine Chao has served as Secretary of Labor under President George W. Bush and Deputy Secretary of Transportation under President George H.W. Bush.
U.S. gross domestic product increased 3.2 percent in the third quarter of 2016, according to the “second” estimate from the Department of Commerce, up from a preliminary estimate of 2.9 […]
The Railroad Emergency Services Preparedness, Operational Needs, and Safety Evaluation Act, which provides training and resources for emergency responders to handle potentially hazardous incidents, will now be sent to the […]
Crowley Logistics Inc. has been awarded a multi-year contract by the U.S. Transportation Command to provide transportation and related services supporting U.S. Department of Defense activities in the U.S. and […]
FourKites adds senior leaders, while Norfolk Southern appoints new board members and Central Maine & Quebec Railway names executive chairman and CEO.
The Prologis Oakland Global Logistics Center, a new warehouse complex being constructed on a former military installation, adjacent to both the Port of Oakland and the San Francisco-Oakland Bay Bridge.
Elaine Chao has served as Secretary of Labor under President George W. Bush and Deputy Secretary of Transportation under President George H.W. Bush.
Shipment volumes in October 2016 grew 0.9 percent from the previous month and 2.7 percent compared with the same 2015 period, the first year-over-year increase in 20 months, according to […]
Major freight railroads in the United States employed 151,900 workers as of the middle of October 2016, down 0.38 percent from the previous month and 8.28 percent year-over-year, according to […]
Matson spokesperson Keoni Wagner told American Shipper that the move to the AWS Cloud was a phased process, which began in the fall of last year and was completed in […]
Vancouver Fraser Port Authority in British Columbia, Canada appoints new chief financial officer, while Scandinavian Shipping & Logistics tabs new managing director.
The European Commission has given clearance to the merger of Hapag-Lloyd and United Arab Shipping Co., which will create the fifth largest container carrier worldwide, subject to certain conditions, the […]
Truckload pricing dipped another 1.4 percent for the month compared to October 2015, the eighth consecutive month of year-over-year declines, according to the latest Cass Truckload Linehaul Index.
Ocean carriers Maersk Line, MSC, CMA CGM, Hapag-Lloyd, Hamburg Süd and MOL announced freight rate changes.
Many small shippers entering the online retail fray may not be aware that air cargo-specific hazardous materials transportation regulations even exist, let alone apply to their products.
Hayes Howard, CEO of BlueWater Reporting, has analyzed recent occurrences in the container shipping industry regarding HMM’s bid to join the 2M Alliance, along with Korea Line’s purchase of certain […]
Approximately 250 pilots working for ABX Air went on strike Tuesday morning, refusing to fly scheduled routes, including those for the airline’s major customers, DHL and Amazon.
The Boulder, Colo.-based supply chain software provider will combine its own visibility technology with MacroPoint’s patented freight tracking software, the companies said in a joint statement.
The Northwest Seaport Alliance, which comprises the ports of Seattle and Tacoma, Wash., handled 304,703 TEUs for the month, a 3.6 percent increase from the same 2015 period, according to […]
The seasonally adjusted For-Hire Truck Tonnage Index equaled 131.6 for the month, down 0.3 percent from September and 0.9 percent compared with October 2015, the second year-over-year decline of 2016, […]
In the midst of a major initiative for port modernization, the multi-purpose port started using the Navis N4 terminal operating system to improve customer service by reducing gate turnaround times, […]
President-elect Donald Trump announced a series of immediate actions he plans to take to increase jobs and wages for workers, including the withdrawal from the Trans-Pacific Partnership agreement.
A group of 31 truck drivers filed a complaint against a half dozen container terminals or shipping lines at the ports of Los Angeles and Long Beach, claiming they were […]
Meanwhile, the Georgia Ports Authority approved $4.27 million in funding for the Savannah Multimodal Connector, a $140 million inland rail facility scheduled for completion in 2020, and $15.5 million to […]
International Civil Aviation Organization re-elects council president, International Air Transport Association selects regional vice president for Africa and the Middle East, and Canaveral Port Authority elects chairman.
Officials from the American Association of Railroads, along with the American Short Line and Regional Rail Association, said that federal regulators should hold off on any new rulemakings until the […]
Port of Los Angeles Executive Director Gene Seroka said the system will enable supply chain partners to receive a ship’s cargo information well in advance of arrival.
Redwood Logistics appoints chief logistics officer, while INTERTANKO elects chairman for another two years.
How dangerous is a spray can of compressed air? It’s just air, right? Wrong. These pressurized cans actually contain hazardous gases, which differ from product to product, and […]
Keeping U.S. export reform going; The little FTA that could.
The Pacific Merchant Shipping Association will start publishing the average container dwell times at 12 marine terminals in the ports of Los Angeles and Long Beach on a monthly basis […]
The Shanghai Containerized Freight Index fell 1.3 percent from last Friday to a reading of 825.10.
Officers were elected this week to head the Waterways Council and National Waterways Foundation.
Union Pacific appoints three senior executives, while Suttons Group names managing director of international operations.
However, the French ocean carrier said it has fully repaid a loan used to acquire Neptune Orient Lines and its APL container shipping subsidiary.
Truck trailers orders reached 20,200 units in October, 72 percent over the previous month, but down 38 percent year-over-year, according to industry analyst FTR.
The National Customs Brokers and Forwarders Association of America said it supports the proposal by U.S. Customs and Border Protection to electronically publish notices of liquidation, along with suspensions and […]
NEHDS Logistics names president, while CVI International appoints VP of business development and sales.
Michael Webber, a senior analyst at Wells Fargo Securities, cautioned the surge in freight rates and shipping stock prices seen in recent days may be “transitory.”
The Southern California port handled 581,808 TEUs in October, down 6.2 percent from a year prior.
The Boulder, Colo.-based supply chain technology provider 10-4 Systems will provide real-time tracking of products and raw materials to the nation’s largest brewery.
The Global Shippers’ Forum and the World Shipping Council square off on whether regulation of the container industry needs to be tightened.
The Southern California port handled 814,575 TEUs in October, marking the busiest month ever at a Western Hemisphere container port, according to data from the American Association of Port Authorities.
