The Danish liner carrier has resumed service to Iran after a five-year absence and just a year and a half after the Maersk Tigris was fired upon by the Iran […]
The transportation and logistics provider’s net income dropped 41 percent to $18.9 million compared with third quarter 2015 after a similar 43 percent year-over-year decline the previous quarter, according to […]
The Shanghai Containerized Freight Index ticked up 2.3 percent from last week, with rates from Shanghai to Northwest Europe, the Mediterranean and the United States remaining fairly stagnant.
The Federal Highway Administration released $1 million in emergency relief funds to help start road and bridge repairs across South Carolina in the recent aftermath of Hurricane Matthew.
Christopher G. Salis, a former global vice president of SAP, along with two associates, were charged in a federal indictment Thursday for their roles in a scheme involving insider trading […]
The Mondovi, Wis.-based temperature-sensitive truckload carrier posted a net income of $8.44 million for the third quarter of 2016 and $25.16 million for the first nine months of the year.
MatchBack Systems appoints commercial account manager for Europe, while Graybar names district VP in Seattle.
The U.S. District Bankruptcy Court in Newark, N.J. will hear from companies today that said Hanjin is not “promptly” informing creditors when ships go off charter.
Are means, motive and opportunity enough for Maersk Line to make a move for South Korean ocean carriers Hanjin Shipping and Hyundai Merchant Marine?
The Omaha, Neb.-based Class I railway experienced year-over-year declines in net income and revenues for the third quarter of 2016, driven down by lower carload volumes and an especially weak […]
Shipment volumes in September 2016 slipped 0.4 percent from the previous month and 3.1 percent compared with the same 2015 period, the 19th straight month of year-over-year volume declines, according […]
Jacksonville, Fla.-based Landstar System, Inc. posted a net income of $36.3 million on revenues of $788 million for the third quarter of 2016, year-over-year declines of 7.8 percent and 6.4 […]
The illegal narcotics were discovered in a container on board the 4,253-TEU Kota Lukis, which was docked at the Port of Manzanillo, Mexico, Singapore-based Pacific International Lines confirmed in a […]
The seasonally adjusted For-Hire Truck Tonnage Index equaled 132.7 for the month, down 5.8 percent from August and 0.7 percent compared with September 2015, the first year-over-year decline of 2016, […]
Volga-Dnepr Group names senior VP of sales and marketing, while Synergy appoints VP of enterprise solutions.
Investments in new projects are slowing, and Neil Davidson, senior analyst in Drewry’s ports and terminals practice, warned that a sudden rebound in demand could be a problem.
The mid-Atlantic port handled 220,000 TEUs of containerized cargo for the month, an increase of 2 percent from September 2015, after a record setting month in August, according to data […]
Truckload pricing dipped another 3.5 percent for the month compared to September 2015, the seventh consecutive month of year-over-year declines, according to the latest Cass Truckload Linehaul Index.
The Swiss-based third-party logistics provider posted net profits of CFH 177 million for the third quarter of 2016 and CHF 533 million for the first nine months of the year.
Although the decline was less severe than the previous 20-month average, intermodal pricing in September 2016 dropped for the 21st straight month compared with the prior year period, according to […]
The Lowell, Ark.-based intermodal and trucking provider’s revenues for the third quarter of 2016 rose 7 percent year-over-year to $1.69 billion.
Rafi Danieli, chief executive of ZIM, said in an interview with American Shipper that the carrier focuses on specific global trades, where it wants to sail, and where it has […]
Meanwhile, the Port of Los Angeles signed a partnership with the U.S. Department of Commerce and the Center for Global Supply Chain Management to advance the use of technology at […]
The Federal Aviation Administration and the Pipeline and Hazardous Materials Safety Administration put an emergency order in place that bans all Samsung Galaxy Note7 smartphone devices from air transportation in […]
The Korea Herald reported South Korean liner carrier Hyundai Merchant Marine is reviewing U.S. trade assets of the former competitor.
On the Shanghai to Northwest Europe trade, rates increased 8 percent since two weeks ago, from $699 per TEU to $755 per TEU, while on the Shanghai to Mediterranean trade, […]
Marc Garneau, Canada’s Minister of Transport, this week announced the new Rail Safety Improvement Program, which aims to fund projects that will reduce incidents and derailments along the country’s railroad […]
The U.S. Bureau of Labor Statistics said U.S. import prices experienced a monthly increase of 0.1 percent due to higher fuel prices, while U.S. export prices ticked up 0.3 percent […]
Cargo shipments on the St. Lawrence Seaway totaled 21 million metric tons between March 21 and Sept. 30, a 5.3 percent year-over-year decline, according to the Great Lakes Seaway Partnership.
The Class 1 railway’s earnings per share for the quarter surpassed analyst expectations, reaching $0.48 per share, but were still lower than the $0.52 per share for the third quarter […]
The valuation provider VesselsValue said that during the past year, the value of a 2016-built Panamax containership with 4,250 TEUs of capacity tumbled 49.57 percent, while the value of a […]
Truckload volumes are expected grow 1.8 percent per year on average through 2027, with even stronger growth predicted in less-than-truckload, according to the latest U.S. Freight Transportation Forecast report from […]
The Southern California port’s box volumes declined considerably after South Korean ocean carrier Hanjin filed for bankruptcy Aug. 31.
Under a new agreement, the United Kingdom and China will more than double the number of passenger flights permitted between the two nations and allow for unlimited all-cargo flights, according […]
The Canadian Society of Customs Brokers names board chairman, while R.J. Corman Railroad Group picks CEO.
The real-time truckload tracking and visibility startup said it will use the investment funds to integrate more data sources into its platform, expand internationally, and cover additional transportation modes such […]
American Shipper’s IT Editor Eric Johnson gave a presentation at the Council of Supply Chain Management Professionals Roundtable Tuesday night in Jacksonville, Fla. that focused on how Amazon is impacting […]
The Federal Aviation Administration has proposed a $78,000 civil penalty against Amazon.com for allegedly violating federal hazardous materials regulations.
The Pipeline and Hazardous Materials Safety Administration has awarded $1 million to two non-profit organizations as part of its new Community Safety Grant program to improve the nation’s response to […]
The United States experienced a 10 percent increase in steel export volumes from July to August thanks to more steel shipments to Canada and Mexico.
Wallenius Wilhelmsen Logistics AS and its corporate affiliate Eukor Car Carriers, Inc. agreed to pay a combined $1.5 million to the Federal Maritime Commission, which accused the carriers of violating […]
Globe Express Services names Americas president, while Bernhard Schulte Shipmanagement picks managing directors and Cargotec appoints investor relations manager.
The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration said Industrial Transit, a trucking company based out of LaGrange, Ga., is a threat to public safety and has ordered […]
October is projected to be the second-busiest month this year for import volumes at the nation’s major container ports, according to the latest monthly Global Port Tracker report from the […]
U.S. beef export volumes in August, which were the highest since October 2014, rose 26.9 percent from August 2015 thanks to increased beef exports to Hong Kong, Korea, Japan and […]
The London Heathrow Airport and the Gatwick Airport both saw cargo volumes rise year-over-year in September as both airports have been pushing to gain the new runway that will be […]
Sunset Transportation names VP of sales and marketing, while RailWorks appoints CEO.
An increasing amount of shippers are requesting “hidden” financial data from carriers, following weak carrier financials and Hanjin’s bankruptcy filing, according to shipping research and consulting firm Drewry.
The Rhode Island Department of Transportation said it will implement bridge tolls throughout the state for tractor trailer operators, a plan that has been met with protests from trucking associations, […]
Transport Minister Kang Ho-in called the walkout by more than 7,000 unionized truckers “unjustified” and “an act of betrayal,” vowing swift action against participants, according to a report from Korea’s […]
Transportation and logistics companies cut 9,000 positions last month, following two consecutive months of hiring gains, according to recent preliminary data from the U.S. Department of Labor.
The pilot was involved in an accident in Gravesend Reach while boarding the general cargo ship Sunmi and emergency responders were unable to save his life, the Port of London […]
Members of the International Civil Aviation Organization have agreed to measures aimed at enabling the aviation industry to reach carbon neutral growth from 2020.
The U.S. Justice Department said Thursday that three men were arrested on charges of illegally exporting military technology to Russia.
Ocean carriers Maersk Line, MSC, CMA CGM, Hapag-Lloyd and OOCL announced new freight rates on various trades.
Ocean carriers Maersk Line, MSC, CMA CGM, Hapag-Lloyd and OOCL adjusted freight rates on various trades.
The Liberian International Ship and Corporate Registry appoints four managers, while Kalmar strengthens its Americas management and Envirotainer names head of Asia-Pacific operations.
Questions remain about the economic impact of lowering the cap on sulfur levels in marine fuels, as well as whether the refining industry can produce enough low-sulfur fuel to satisfy […]
The last three months saw “some of the worst” conditions “in living memory” in the multipurpose and project cargo sectors, with little chance for any significant improvement until the end […]
The current cycle of larger than normal inventories, coupled with weakness in the manufacturing sector, has contributed to soft trucking volumes in 2016, according to American Trucking Associations Chief Economist […]
The Chamber of Marine Commerce appoints interim president, while the executive director of the Transportation Institute at the University of Denver (DTI) will retire.
Combined United States carload and intermodal cargo volumes continued their decline in September 2016, falling another 4.8 percent compared with the same 2015 period, according to data from the Association […]
On a year-over-year basis, the sharp increase in limestone shipments from Canadian quarries was not enough to offset the drop in limestone shipments from quarries in the United States.
The U.S. trade deficit surpassed analyst expectations in August, rising 3 percent from July to $40.73 billion as higher imports offset a gain in exports.
Retail sales in November and December are expected to increase 3.6 percent to $655.8 billion, up from 3 percent growth in the same 2015 period, according to the National Retail […]
Transportation industry forecaster FTR said Class 8 truck orders – those used to move trailer loads of freight around the country – reached a preliminary 13,800 units in September, down […]
Brambles Ltd. appoints new CFO, while Port Manatee names senior business administration director and senior communications manager.
The U.S. Federal Railroad Administration last week issued a new railworthiness directive to owners of certain DOT-111 tank cars built between 2009 and 2015 that may have “substantial weld defects.”
The United States said it wants rapid enforcement of recent World Trade Organization decisions involving European subsidies for Airbus passenger aircraft and India’s local content requirements for solar panels.
The National Customs Brokers and Forwarders Association of America told U.S. Customs and Border Protection that it objects to requiring a toxic substances certificate for each chemical shipment import entry […]
Cargo shipments grew 2.3 percent in August 2016 compared with the same 2015 period, following revised year-over-year increases of 3 percent and 1.8 percent, respectively, in June and July, according […]
The Danish ocean carrier signed a two-year contract, effective Aug. 1, 2016, to receive ship tracking services on its fleet of around 630 owned and chartered vessels, London-based technology provider […]
The Norway stock exchange has launched SHIPPING DNM, a tradable index based on the Oslo Børs Shipping Index, which consists of 13 company stocks with a total market value of […]
Eagle Bulk Shipping picks new CFO and Transervice Logistics names SW business development director, while trade association InterManager elects president.
The National Hurricane Center issued a public advisory at 11:00 a.m. EDT that said the Category 4 Hurricane off the coast of Haiti is moving north at 10 miles per […]
The three-month “light touch” period during which states were urged to adopt a “practical and pragmatic” approach to the International Maritime Organization’s new verified gross mass container weight regulations ended […]
The Israeli ocean carrier reported a net loss of $74 million in the second quarter of 2016, compared to profits of $12 million in the same 2015 period, according to […]
The families of the victims who died aboard the El Faro, which sank Oct. 1, 2015 during Hurricane Joaquin, lost a request for a summary judgement finding that the doomed […]
The Federal Aviation Administration told Braille Battery to stop shipping lithium-ion batteries by air transport or the company will risk criminal prosecution and fines.
The United States imported 2.99 million net tons of steel in August, an 8.5 percent month-over-month decline, driven down by lower volumes from Brazil and South Korea from a month […]
Rep. Jaime Herrera Beutler, R-Wash., has requested the Department of Transportation study potential methods for reducing the combustibility of crude oil trains.
U.S. gross domestic product increased 1.4 percent in the second quarter of 2016, according to the “third” estimate from the Department of Commerce, following a revised increase of just 0.8 […]
Hanne B. Sørensen, chief executive of A.P. Møller-Maersk’s third-party logistics subsidiary, will be replaced by current Maersk Line Head of East West Trades Klaus Rud Sejling, the company said in […]
Airports Council International, a trade association representing the world’s airports, has approved a resolution to support the United for Wildlife Transport Task Force campaign.
The Danish container carrier ordered 14,800 new refrigerated cargo containers, lowering the average age of its reefer equipment fleet to 7.9 years old, well below the industry average, the company […]
Starting Oct. 1, the Pacific Northwest port will be accepting applications for a new, permanent chief executive officer and executive director to replace the outgoing Todd Coleman, who stepped down […]
Norfolk Southern’s chief legal officer retires, while SynchroNet Intermodal Services names DoorLogistics sales director and Alliance Shippers appoints assistant vice president of sales.
The commission said it has “reasonable grounds” to suspect the carriers engaged in collusive practices to fix incremental cargo rates from Asia to South Africa.
The International Transport Workers’ Federation criticized the U.S. Customs and Border Protection (CBP) saying it was told by CBP that it had concerns crew could try and jump ship due […]
The ZIM operated Seven Star Service between Asia and the U.S. East Coast will be suspended for the winter slack season, but the Israeli carrier will join the G6 Alliance’s […]
The nonprofit organization said Wednesday it broke ground on what will become the largest distribution hub for humanitarian medical aid in the United States.
Canadian Pacific’s president Keith Creel has called on the country’s transport minister to implement locomotive voice and video recorders (LVVRs) as soon as possible, citing the value of the devices […]
Crane Worldwide Logistics appoints senior director for life sciences, while Röhlig names air freight manager for Germany.
The Owner-Operator Independent Drivers Association has reached an agreement with the State of New York to refund a registration and decal tax in the amount of $44.4 million to trucking […]
The U.S. Justice Department said Kirby Inland Marine has agreed to pay $4.9 million in civil penalties and implement fleet-wide improvements to settle claims resulting from an oil spill in […]
AAGEX Freight Group appoints VPs, while MIC Customs Solutions names project manager.
Aviation industry officials and governments are expected to finalize a global climate change agreement at the International Civil Aviation Organization’s 39th Assembly in Montreal, which begins today, according to the […]
Association of American Railroads President and CEO Edward R. Hamberger said a report released by the Surface Transportation Board shows that changes to the existing regulatory structure would not benefit […]
Citing the ongoing economic slowdown in China and waning U.S. imports, the World Trade Organization on Tuesday slashed its 2016 global trade forecast to 1.7 percent from a previous projection […]
For the port’s 2016 fiscal year, the Paul W. Conley Container Terminal handled 247,329 TEUs, a 12 percent increase from the 2015 fiscal year.
