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Shares in Orient Overseas International Ltd., the parent company of ocean carrier Orient Overseas Container Line, have jumped more than 25 percent since the end of 2016, reaching a 52-week […]
The Mainz, Germany-based freight rail operator, formerly known as DB Schenker Rail, will participate in a feasibility study for the joint development and subsequent purchase of at least 100 new […]
However, the Federal Aviation Administration said it will no longer require U.S. airlines to make pre-boarding notifications to passengers that the fire-prone Samsung Galaxy Note7 mobile phones are prohibited on […]
International Maritime Bureau Director Pottengal Mukundan said kidnappings in the Sulu Sea, which is located between East Malaysia and the Philippines, are a particular concern.
American Airlines’ new daily, non-stop wide-body service between San Juan, Puerto Rico and Philadelphia is scheduled to begin April 4.
Union Pacific Railroad has agreed to interchange directly with short line Rapid City, Pierre & Eastern Railroad, which transports inbound fertilizer and outbound crops directly to and from farm producers […]
Federal Maritime Commission Chairman Mario Cordero says he is willing to discuss the agency’s concerns with Port Authority of New York/New Jersey and OCEMA member carriers, leaving the door open […]
The U.S. trade deficit totaled $45.2 billion in November, up 6.8 percent from October as exports declined amid stronger domestic demand for imports.
The Singapore Ministry of Transport and PSA International have partnered with automotive companies Scania and Toyota Tsusho for the design, development and testing of an autonomous truck platooning system for […]
The International Air Transport Association attributed the continued growth to more shipments of silicon materials for high value electronics, an apparent turnaround in new export orders, and the modal shift […]
Major container ports in the United States handled 1.64 million TEUs in November, down 6.6 percent from October but up 11.2 percent from November 2015, according to the Global Port […]
The port handled a record amount of loaded containerized cargo in 2016, despite the decision by Ports America and Terminal Investment Ltd. to close their operation at the port’s Outer […]
The United States experienced growth in beef, pork and lamb exports in terms of volumes and value in November 2016 compared to 12 months prior.
The South Carolina Ports Authority handled 1.996 million TEUs in 2016, beating its previous calendar year container throughput record set in 2005.
The two ship-to-shore cranes the port is scheduled to receive from ZPMC in early 2018 will be able to work the larger ships that can now transit the Panama Canal’s […]
Logistics Plus hires new head of sourcing division, while the Cargo Incident Notification System names deputy chairman.
Global trade in 2016 was sluggish, as import volumes and global container throughput dipped, but the negligible dip in global trade was accompanied by radical shifts in freight pricing.
Sen. John Thune, R.-S.D., was selected to lead the Senate Committee on Commerce, Science and Transportation for a second straight term.
The Oregon Supreme Court is being asked to look at the legality of subsidies the Port of Portland gave to ocean carriers in 2012 and 2013.
International Maritime Organization Secretary General Kitack Lim cautioned that including shipping in the European Union’s Emission Trading System could undermine efforts to reduce greenhouse gas emissions from shipping on a […]
Canada’s trade surplus of C$526 million for November came as a surprise, as analysts had projected the nation would experience a trade deficit for the month.
The parcel giant and third-party logistics provider’s purchase of Freightex, an asset-light truckload, less-than-truckload, specialized and refrigerated trucking services firm, aims to expand its U.K. and European truckload brokerage business.
U.S. Transportation Secretary Anthony Foxx reacted to the Logistics Management Institute’s findings on sexual harassment and sexual assault at the United States Merchant Marine Academy, which caused the suspension of […]
The total value of cross-border trade between the United States, Mexico and Canada has now fallen in 21 of the last 22 months compared with the prior-year period, according to […]
Transportation and logistics employment grew for the third straight month in December following revised gains of 13,000 positions in October and 11,400 jobs last month, according to recent preliminary data […]
Wallenius Wilhelmsen Logistics opened a new processing facility in San José Chiapa, Mexico at Audi’s new assembly plant, which is expected to become the worldwide sourcing point of the German […]
The Intermodal Association of North America selects new board members and officers, while Pender & Coward adds to its maritime, admiralty and transportation practice.
The Northwest Seaport alliance said it wanted more information and security before agreeing to transfer Terminal 46 in Seattle.
What would a repeal or reset of the landmark trade deal really mean and entail?
Harold J. Daggett, president of the International Longshoremen’s Association, said the union will oppose fully-automated container terminals in upcoming contract talks with the United States Maritime Alliance.
The Pacific Northwest port has filed a lawsuit in U.S. District Court in Oregon, alleging agrochemical manufacturer Monsanto was aware of the danger posed by polychlorinated biphenyl prior to a […]
The Chinese shipping conglomerate has agreed to acquire a minority stake in the Shanghai Rural Commercial Bank from Australia & New Zealand Banking Corp. for $0.66 million.
The assets to be sold to the Missinippi Rail Consortium include the Hudson Bay Railway, the Port of Churchill on Hudson Bay, and a tank farm adjacent to the port.
Cherry Hill, N.J.-based NFI has strengthened its footprint in Canada with the acquisition of Dominion Warehousing & Distribution.
Net orders for North American Class 8 trucks totaled 21,200 units in December 2016, up 10 percent from the previous month and in line with analyst expectations, according to freight […]
Net earnings attributable to the Greenbrier Companies Inc. totaled $25 million for the first quarter of fiscal year 2017, while the company’s revenues stood at $552.3 million, quarter-over-quarter declines of […]
Trucking carrier J.B. Hunt Transport and Class I BNSF Railway have filed for arbitration in their negotiations regarding how revenues are divided under a joint service agreement for intermodal transport.
The proposed Pier B On-Dock Rail Support Facility could increase the use of “on-dock” trains, move cargo faster, and make operations more sustainable, the Port of Long Beach said.
The freight forwarder and customs broker has merged with Fred P. Gaskell Co. of Norfolk, Va., effective Nov. 1, 2016, according to a statement from the company.
The global shipping consultancy said there will be minimal aggregate multipurpose fleet growth to 2020, due to increased demolition levels in the multipurpose and competing sectors, combined with the decreased […]
Bellevue, Wash.-based Radiant Logistics has entered into a letter agreement, by which, through its wholly-owned subsidiary, Wheels International Inc., it has expressed its intent to acquire Lomas Logistics.
Global Logistic Properties is seeking potential buyers as part of its independent strategic review, the company said in a statement to the Singapore Stock Exchange, confirming media reports from the […]
Combined United States carload and intermodal cargo volumes increased for the second consecutive month in December 2016, but the growth was not enough to offset several months of previous year-over-year […]
Page International promotes director of sales and GlobalTranz hires senior vice president of carrier relations.
The ports of Philadelphia and Wilmington are planning infrastructure improvements as a project to deepen the river nears completion.
NYK, “K” Line and MOL each reviewed the past year and plans for the future, including the new joint venture between the three companies, which they plan to form in […]
Omaha, Neb.-based Class I railway Union Pacific has acquired the refrigerated and cold storage distribution assets of Railex LLC in Delano, Calif.; Wallula, Wash.; and Rotterdam, N.Y.
The international shipping organization said 2017 will be another die-hard year of competition and it projects the container shipping segment to see a net fleet growth of around 3.1 percent […]
The Pacific Merchant Shipping Association said container terminals at the ports of Los Angeles and Long Beach had an average container dwell time of three days in November.
The nationwide trucker and third-party logistics provider said the stock would be traded on the New York Stock Exchange under the ticker symbol SNDR.
The newly created entity will be led by Martin Klepper, a senior partner in the Energy and Infrastructure Project Group at Skadden, Arps, Slate, Meagher & Flom, LLP.
Air Transport Services Group subsidiary Airborne Maintenance and Engineering Services has purchased Tampa, Fla.-based PEMCO World Air Services for an undisclosed amount, the company said in a statement.
The 4,250-TEU APL Denver collided with the 2,495-TEU Wan Hai 301 late last night near Pasir Gudang Port in Johor, Malaysia, causing fuel to spill from one of the ship’s […]
Railway employment levels in the United States have now fallen in 17 of the last 19 months, according to recent data from the U.S. Surface Transportation Board.
Port of New Orleans names president and chief executive officer, while Canadian Pacific adds board member and ChassisFinder hires general manager.
Hyundai Merchant Marine said Tuesday its consortium with Heung-A Shipping and Sinokor Merchant Marine will give it full access to the two carriers’ intra-Asia networks.
A source told American Shipper that Korea Line’s parent company, Samra Midas Group (SM Group), will create a separate company called SM Lines that will operate Hanjin’s liner business between […]
U.S. gross domestic product increased 3.5 percent in the third quarter of 2016, according to the “third” estimate from the Department of Commerce, up from previous estimates of 3.2 percent […]
The Shanghai Containerized Freight Index stood at a reading of 951.66 on Dec. 30, increasing 15.5 percent from a week prior.
The Northwest Seaport Alliance, which comprises the ports of Seattle and Tacoma, Wash., handled a total of 336,381 TEUS for the month, a 20.2 percent increase from the same 2015 […]
The Washington state port has submitted a Concept Development Plan application to the City of Vancouver for the redevelopment of its Terminal 1 facility on the Columbia River.
The Floridian port is ready to launch a second round of investment – this time with the goal of increasing capacity and service levels within the container yard.
The South Korean liner carrier’s bankruptcy, which resulted in hundreds of thousands of shipments around the world being delayed, was the biggest in the container shipping industry since the 1986 […]
As a result of Russia’s alleged interference in the U.S. presidential election, the White House is imposing sanctions on three Russian companies, expelling 35 Russian diplomats from the U.S., and […]
The Class I railway has completed the first phase of the new Virginia Avenue Tunnel project in Washington, D.C., clearing the way for trains to move double-stacked intermodal freight between […]
The Antwerp Port Authority’s new CEO steps into role Jan. 1, while Singapore Post names former Toll Global Forwarding chief its global CEO.
If the state of California is to be successful in achieving its efforts to curb greenhouse emissions, it must enact policy that will be readily adopted by others and not […]
A new cargo service across Lake Michigan is currently in the works, and could save shippers time and aggravation from having to truck cargo though the congested Chicago area.
Under the agreement, COSCO Beijing International Freight Co., Ltd. is gaining the use of Sino-Global’s logistics platform to arrange for the transport of its container shipments to U.S. ports.
The South Korean shipbuilder signed a deal with Iran’s Industrial Development and Renovation Organization to help spur Iran’s shipbuilding industry.
The Dubai-based terminal operator increased its stake in Pusan Newport Company Limited to 66.03 percent.
The Belgian port experienced an increase in throughput from 2015 to 2016, driven by increased shipments of liquid bulk and containers.
Hyundai Merchant Marine said it has “coherent strategies” for reaching its goal of increasing its share on the container market to 5 percent by 2021.
Technology is the fundamental reason why the manufacturing jobs of the 1950s and ‘60s have gone away and won’t come back, not trade deals and currency devaluation, according to American […]
The Israeli ocean carrier will withdraw from the Transpacific Stabilization Agreement Dec. 31, making it the fifth carrier to leave the group this year.
The 2M Alliance will skip various sailings on the Asia-North America and Asia-North Europe/Mediterranean trades, while Hapag-Lloyd unveiled skipped voyages between Asia and South America.
The Baltic and International Maritime Council said tonne-miles from U.S. coal exports have declined by half over the past thee years.
The new Enviva terminal at the Port of Wilmington will export wood pellets to Europe, and is just part of the port’s modernization plan.
The industrial logistics real estate developer will establish a logistics park in Sagamihara, Japan, which it said has emerged as a major logistics hub due to the lack of quality […]
New ship orders declined in 2016, driven down by overcapacity and sluggish global trade growth, and although devastating for shipyards and their workers, the drop may be necessary if the […]
Trade data technology provider Datamyne has been acquired by logistics and customs software maker Descartes in a $52.7 million deal intended to help Descartes’ customers make more informed supply chain […]
Despite mergers and acquisitions, the industry is still plagued by overcapacity, and cost for new entrants is low.
Although the Shanghai Containerized Freight Index has remained stagnant over the past several weeks, the index is 68.6 percent higher than 12 months prior, and was especially boosted after Hanjin’s […]
The Japanese liner carrier said it has suffered considerable damage after some of APL Logistics’ employees disseminated false information about its financial health.
Wilmerding, Penn.-based Wabtec Corporation’s most recent acquisition was its purchase of Workhorse Rail, which has annual sales of about $35 million.
The U.S. Federal Aviation Administration proposed civil penalties against three shippers that violated the country’s hazardous materials transport regulations.
From ShipBob’s 40,000-square-foot warehouse in Los Angeles, one can get a window into how small retailers can leverage the power of the internet to potentially compete with the scale of […]
The Port of Long Beach Harbor Commissioners approved the sale of Hanjin Shipping’s 54 percent stake in Total Terminals International to MSC and its sister company Terminal Investment Ltd. Wednesday […]
The ocean shipping industry set new records for demolition this year, sending 201 ships with an aggregate capacity of 699,000 TEUs to the scrapyard as of Dec. 20, according to […]
Tom Nightingale, a longtime freight transportation and logistics specialist, noted that in fast changing times such as these, it is critical that strategic leaders consider their end-to-end supply chain system […]
However, despite the port experiencing its best November ever in terms of containers handled, its share on the North American container market declined from 12 months prior.
The U.S. maritime regulator said it is inviting comments no later than Feb. 28 on the petition that was filed by the Coalition for Fair Port Practices earlier this month.
The Memphis, Tenn.-based integrator saw it’s shares drop 3.4 percent in a day after reporting adjusted earnings per share of $2.80 in its fiscal second quarter, an improvement from the […]
The Georgia Ports Authority handled more containers in November compared to 12 months earlier, thanks to a strengthening export market and a busy peak holiday season.
The first phase of the O’Hare Northeast Cargo Center is now complete and operational, and once the entire center is complete, it will be the largest airside cargo development constructed […]
U.S. Customs and Border Protection officers at the Port of San Juan, Puerto Rico found two shipments from China containing more than 1,400 hazardous toys and 3,500 unsafe Christmas light […]
About 180 unionized Korean Air pilots seeking a 29 percent pay increase began a 10-day strike yesterday, causing the airline to cancel 148 passenger and cargo flights on domestic and […]
The transaction closed Wednesday and made Marken a wholly-owned subsidiary of UPS.
The Honolulu-based shipping company also announced this week that it raised $75 million through a private placement of 11-year final maturity senior unsecured notes.
Air Canada appoints chief commercial officer, while the Transportation Marketing & Sales Association names membership committee chairman and Hill Dickinson further expands its marine practice.
