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On a bright note, Philip K. Brewer, the president and chief executive officer of Textainer, said the container lessor is pleased with the progress it has made in recovering equipment […]
However, the Northwest Seaport Alliance said it may see lower cargo volumes for February, and volumes with Alaska are expected to decline for the full year of 2017 due to […]
Intermodal pricing increased 3.8 percent for the month compared with the same 2016 period, just the fourth year-over-year increase since December 2014 and the largest since October 2014, according to […]
Truckload pricing slipped another 0.3 percent for the month compared to January 2016, the 11th consecutive month of year-over-year declines, according to the latest Cass Truckload Linehaul Index.
The Greek port’s box volumes declined in 2016 from a year prior amid increased volumes at the car terminal, while revenues ticked up 3.6 percent.
Chewy will build a large fulfillment center in Ocala, Fla., which will employ 600 people.
DHL Express appoints Markus Reckling as the new chief executive for Germany, while Mitsui O.S.K. Line (MOL) names chief country representative in Turkey.
Forwarders and NVOs are accustomed to adapting to complex markets and new competitors, but is this time different?
While A.P. Moller-Maersk plans to narrow its focus to transportation and logistics, the foundation that owns a controlling stake in the company will move in its own direction, Ane Maersk […]
Activist investor Paul Hilal’s hedge fund was looking for a swift and amicable transition for outgoing Canadian Pacific President and CEO E. Hunter Harrison to join U.S. Class I railroad […]
The union and employers said contract discussions 19 months prior to the expiration of the current contract “demonstrates the commitment each side has to maintaining stability and growth.”
The Israeli ocean carrier signed up with Alibaba to allow customers of the e-commerce site to book space on its vessels, Reuters reported.
Rates from Shanghai to North Europe fell 6 percent since last Friday to $858 per TEU, according to the Shanghai Containerized Freight Index.
The Port Authority of New York and New Jersey awarded a contract to Union Paving and Construction Co., Inc. for upgrades at the Greenville Yard.
Changes are being made to the alliance’s TA2/NEUTAL2 loop effective April 1.
Smart Logistics Group-Operating provides warehouse and logistics services to a wide variety of customers, a few of which include Microsoft, Pepsi, Danone, Castorama, Kimberly-Clark, Haier and Cargill.
The Doha-based airline has initiated additional pharmaceutical freighter flights from Basel, Switzerland and Brussels to Doha.
Less-than-truckload carrier Southeastern Freight Lines has opened a new service center in Garland, Texas, its fourth in the state over the past 18 months.
Canadian Pacific Railway names chief marketing officer, while Troy Container Line promotes FCL export manager.
Several months after filing for court receivership in its native South Korea, former seventh-largest container carrier Hanjin Shipping has officially been declared bankrupt, according to a report from Reuters news […]
The Allied Pilots Association, the union that represents American Airlines’ more than 15,000 pilots, said it has lost confidence in Chief Executive Officer Doug Parker’s leadership abilities due to “questionable […]
Some of Fortress Investment Group’s transportation-related holdings include Florida East Coast Railroad, Trac Intermodal, and Seacube Container Leasing.
Deutsche Post DHL Group and information and communications technology solutions provider Huawei Technologies are teaming up to develop a range of supply chain solutions using industrial-grade Internet of Things hardware […]
Major container ports in the United States handled 18.8 million TEUs for the full year in 2016, up 3.2 percent from 2015, according to the Global Port Tracker report by […]
The mid-Atlantic port handled a record amount of general cargo and containers in 2016.
As many as 40,000 people died in automobile crashes in the United States last year, an increase of 6 percent from 2015 and the most since 2007, according to a […]
In pier container volumes, or boxes handled, the port authority moved 104,792 boxes in January, surpassing the prior record of 104,003 containers in May 2015.
Rand Logistics, a provider of bulk freight shipping services throughout the Great Lakes region, recorded a net loss of $615,000 for its fiscal 2017 third quarter, which ended Dec. 31, […]
Starting March 20, 2017, the Deurganck dock in the Port of Antwerp, home to container terminals MSC PSA European Terminal (MPET) and DP World Antwerp Gateway, will be open round […]
Alaska Airlines names new chief information officer, vice president finance and controller, and promotes two to managing director; while Siemens Postal, Parcel & Airport Logistics appoints chief digitalization officer.
Hyundai Merchant Marine has entered into a contract to acquire Hanjin Shipping terminals in Tokyo and Kaohsiung.
The world’s second largest container carrier, Geneva, Switzerland-based Mediterranean Shipping Company, may acquire a stake in Ignazio Messina & Co.
The Jacksonville, Fla.-based Class I railway is asking for shareholder input after talks with hedge fund Mantle Ridge, which seeks to install outgoing Canadian Pacific Chief Executive E. Hunter Harrison […]
The shipping marketplace and freight automation software provider raised $25 million through a “Series D” round of funding led by the logistics and supply chain company DB Schenker, which is […]
Marilee McInnis, director of international corporate affairs at Walmart, said although the retailer no longer does business with Hanjin due to the carrier’s bankruptcy, it is currently speaking with another […]
European Parliament members voted Wednesday to include maritime shipping in the European Emission Trade Scheme Directive by 2023, if there’s no comparable system operating in the International Maritime Organization by […]
The Canadian sailors’ union accepted a last-minute settlement offer put forward by the Government of Canada.
The Southern California port experienced a 17.4 percent year-over-year jump in box volumes in January 2017 thanks to retail stores replenishing inventories after the holidays, increased U.S. exports and cargo […]
RightShip chief executive officer resigns, while CLX Logistics hires supply chain consultant.
Hyundai Merchant Marine carried 55 percent more cargo in January than it did a year earlier between Asia and U.S. West Coast ports.
Report finds gap between companies selling online and using automated trade tools
The $320 million project at the Virginia International Gateway container terminal has officially launched, and a $350 million expansion project at Norfolk International Terminals will begin in July.
The e-commerce boom has spurred growth and innovation in the reverse logistics industry.
Tom Cook, managing director of Blue Tiger International, discussed the negative effects of risk exposure in the global supply chain and how to manage those risks.
The U.S. Federal Maritime Commission has received 33 ocean transportation intermediary license applications and changes for review.
CFI appoints vice president, logistics and vice president, sales, while the Armitt Group names new finance director.
Longshoremen and employers are meeting far in advance of the contract expiration date next year.
Although a broken axle was the primary cause of a 2013 collision of two trains near Casselton, N.D., the subsequent oil spill and fire might have been reduced considerably had […]
Throughput of loaded containers at the Northern California port grew 6.1 percent in January 2017 compared with the same month a year ago, while overall volumes including empties grew 3 […]
With just a few months before the new ocean carrier vessel sharing agreement THE Alliance, of which Yang Ming is a member, is set to launch, work still needs to […]
Three boxes containing automobiles and kitchen supplies were knocked off the deck of the Maersk Kensington Sunday morning while anchored at the APMT Port Elizabeth terminal, according to a report […]
Although throughput declined due to the port’s sluggish dry bulk segment, profits rose 5 percent from 2015 to 222.2 million euros, according to the Port of Rotterdam’s latest financial statements.
Transportation on the Yangtze River may be take longer than normal because of annual maintenance on the Three Gorges Dam that began on Feb. 2, but a COSCO Shipping subsidiary […]
The new service from parcel giant FedEx’s third-party logistics subsidiary offers an easy way to track items, manage inventory, analyze trends, and understand shoppers’ spending behaviors, the company said in […]
The United States exported 726,848 net tons of steel in December, a 0.3 percent decrease from the previous month and a 0.2 percent increase from a year earlier, according to […]
The member carriers of the 2M vessel sharing agreement will add Asia-Europe and transpacific services in order to accommodate the volumes gained through slot purchase agreements with Hyundai Merchant Marine […]
The Danish global transport and logistics provider reported adjusted earnings of 2.5 billion Danish krone (U.S. $358.3 million) on DKK 67.7 billion in revenues in 2016, year-over-year increases of 13.3 […]
Michael Pram Rasmussen, chairman of the board of directors of Danish shipping conglomerate A.P. Møller – Mærsk A/S, is stepping down from his role as the company reported only its […]
The index fell 6.5 percent from last Friday to a reading of 886.26, largely resulting from sharp declines on the Shanghai to Europe and Mediterranean trades.
The Southern California port’s container volumes surged 8.7 percent year-over-year in January to 582,689 TEUs.
The mid-Atlantic port saw general cargo tonnage surge 21.6 percent year-over-year in January to 1.86 million tons.
Third-party provider Yusen Logistics has purchased Transfreight Automotive Logistics Europe for an undisclosed sum in an effort to expand its vehicle transport support and operations offerings, the company said in […]
Deal also includes NPC Projects and MCC Marine Consulting & Contracting, which is active as a bunker and chartering broker.
Korea Investor Service, an affiliate of Moody’s, upgraded Hyundai Merchant Marine’s corporate credit rating after the carrier saw revenues decline and a larger operating loss in 2016, while the bottom […]
The likeliest outcomes for how infrastructure investment decisions will be made.
Canadian International Freight Forwarders Association (CIFFA) Executive Director Ruth Snowden said trade is an important source of jobs for the country.
On the occasion of his 80th birthday, Jacques Saadé the founder of CMA CGM, appointed his son to run what is the world’s third largest ocean carrier.
The Taiwanese ocean carrier has sold 161 million new shares to the state-run National Development Fund, Taiwan Navigation and a handful of unnamed institutional investors, according to multiple media reports.
Since the opening of the Central American waterway’s expanded third lane, roughly 2 percent of vessel transits have resulted in incidents that damaged the ship or the canal locks themselves, […]
The South Korean shipbuilder recorded a net profit of 682.3 billion South Korean won for 2016, up from a loss of 1.36 trillion won for 2015.
The Spanish government will face strikes at all ports across the country later this month, according to International Transport Workers’ Federation (ITF) Maritime Operations Coordinator Jacqueline Smith.
Iptor Supply Chains Systems names new chief financial officer, while PayAnyBiz hires executive vice president of sales and marketing.
A broad industry coalition sent a letter to President Donald Trump urging him to find a long-term, user-based revenue source for the Highway Trust Fund and not to rely solely […]
Various forwarders, custom house brokers and shippers’ associations sent letters to the Federal Maritime Commission, supporting a petition filed by the Coalition for Fair Port Practices in December.
However, the U.S. trade deficit for December declined from a month prior as U.S. exports gained ground around the globe, but this was partially offset by an increase in imports.
The Overland Park, Kan.-based less-than-truckload holding company missed analyst expectations, posting a loss per share of $0.23 for the fourth quarter of 2016.
The parcel giant plans to install solar panels at eight of its facilities in the United States by the end of 2017 and expects to increase the total solar power […]
The German ocean carrier has opened a new office in Dubai, United Arab Emirates to coordinate its business in the Persian Gulf region, taking over from long-time local agency partner […]
uShip hires new chief executive officer, while DHL Supply Chain names CEO of its regional Singapore division.
The Danish shipping conglomerate reported a loss of about $1.9 billion for 2016.
E-commerce is forcing radical changes on the world of freight, led by innovations from Amazon. From shorter lengths of haul to equipment changes, carriers and shippers are scrambling to stay in front of the changes.
As President Donald Trump ramps up the pressure on Mexico and U.S. companies doing business there, at risk is billions of dollars of freight that moves between the countries.
“There are some trucking-specific changes that will benefit the industry in 2017. The last year and a half was a classic industry recipe for disaster.” That is Bob Costello’s summary of the past year in trucking. He is predicting a turnaround in 2017.
As transportation providers begin reporting their earnings for the 4th quarter, a common theme is developing – while profits are down slightly, the outlook for 2017 remains positive.
The U.S. has pulled out of the Trans-Pacific Partnership trade agreement. But is that a wise decision? Experts differ on the manufacturing impact in the U.S.
A third and final U.S. Coast Guard Marine Board of Investigation hearing into the sinking of the TOTE Maritime cargo ship El Faro, which claimed the lives of 33 crew […]
The National Highway Traffic Safety Administration has issued a proposed rule mandating vehicle-to-vehicle communication devices on all new cars and light trucks by 2023 in an effort to spur development […]
However, the Intermodal Association of North America said some analysts are projecting a rebound for 2017.
The Georgia Ports Authority sold the property at the Savannah River International Trade Park to accommodate growing customer demand for warehousing, distribution and transload facilities at the Port of Savannah.
The Dubai-based port terminal operator handled 63.7 million TEUs at its container terminals during the year, a 2.2 percent increase from 2015 on a like-for-like basis, according to a statement […]
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.
Over 80,000 applied for a chance to become a casual member of the International Longshore and Warehouse Union.
Projects include the separation of railroad tracks from major port roadways, the creation of a refrigerated cargo facility, and the expansion of the TraPac terminal.
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 […]
Unifor National Representative Mario Santos said “the bargaining committee worked around the clock to secure fair compensation for the workers.”
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 […]
