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Intermodal pricing increased 0.4 percent for the month compared with the same 2015 period, the first year-over-year increase since December 2014, according to the latest Cass Intermodal Price Index.
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.
Various news outlets reported last week the containership owner and lessor Rickmers Maritime had sold the 4,250-TEU vessel India Rickmers for scrap, but the company said in a statement no […]
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 Philippine government has approved construction of the 500,000-TEU New Cebu International Container Port, with construction scheduled to begin in third quarter 2017, according to multiple media reports.
Scheduled to open in 2019, APM Terminals’ new facility at the Tanger-Med II port complex in Morocco will be the first automated container terminal in Africa, according to the port […]
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, […]
Niels G. Stolt-Nielsen, the company’s chief executive officer, said the deal will cover Stolt-Nielsen’s tonnage replacement needs for the next several years, create operational savings, add new trade routes, and expand its presence […]
The South Korean Liner carrier launched the HDX loop today, connecting Korea, China, Vietnam and Hong Kong.
Container handling capacity will be drastically expanded at the Packer Avenue Marine Terminal, and the terminal’s marginal berths will be deepened to 45 feet.
Container handling capacity will be drastically expanded at the Packer Avenue Marine Terminal, and the terminal’s marginal berths will be deepened to 45 feet.
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 […]
The logistics company has partnered with Delta Drone to use tiny aircraft inside warehouses for inventory assistance.
The outbound cross-border eCommerce distribution center is scheduled to be built by April 2017 in Narita, Japan.
The U.S. subsidiary of Puteaux, France-based third-party provider Bolloré Logistics has opened a new office in Charleston, S.C. that will focus on east-west ocean trade between the Carolina’s region, North […]
The Israeli ocean carrier will add stops at Aliaga and Iskenderun in Turkey and Ashdod, Israel, to its Turkey Israel Express (TIX) service, and a call at Damietta, Egypt to […]
The Oklahoma river port handled 213,717 tons of cargo in 111 barges during October 2016, a 30.1 percent jump from 164,171 tons in 90 barges the previous month, according to […]
Impala Terminals said the Spanish port’s new logistics facility for the storage and blending of minerals and metal concentrates can handle over one million tons of imported and exported products […]
The first cargo train departed the Tianjin Pilot Free Trade Zone in Northern China early Monday morning for Minsk, Belarus, carrying 104 containers of construction materials, according to a report […]
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.
The deal, which involves Hanjin’s Asia-U.S. assets, does not include Hanjin’s five, 6,500-TEU containerships or Hanjin’s 54 percent stake in Total Terminals International at the Port of Long Beach, according […]
Danish ocean carrier Maersk Line said there is now consideration of “other cooperation possibilities,” while Hyundai Merchant Marine of South Korea said it expects a “formal agreement either in the […]
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 […]
The $10 million acquisition is expected to close early next year and will substantially expand the port.
The Port of Montréal, located along the St. Lawrence River, launched its new container terminal Friday, boosting the port’s handling capacity by 450,000 TEUs.
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.
Fellow Japanese ocean carrier “K” Line exited the Transpacific Stabilization Agreement Aug. 19, while MOL, the other major ocean carrier based out of Japan, left the group in 2008.
The board of directors of Omaha, Neb.-based Class I railroad Union Pacific has authorized the early repurchase of up to 120 million common shares by Dec. 31, 2020, approximately 15 […]
The North Florida port’s new Intermodal Container Transfer Facility provides rail service to the Blount Island Marine Terminal and TraPac Container Terminal at Dames Point, connecting the terminals with Class […]
Redwood Logistics appoints chief logistics officer, while INTERTANKO elects chairman for another two years.
The joint container venture between Japan’s ‘Big 3’ will have a fleet capacity of 1.38 million TEUs, making it the sixth largest in the world, and when their 23 new […]
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.
A Seoul court pushed back the deadline for receiving a rehabilitation plan for Hanjin Shipping from Dec. 23 to Feb. 3, according to South Korea’s Yonhap News Agency.
Ten cranes at APM Terminals’ Pier 400 at the Port of Los Angeles are being lifted higher to reach across mega-size container vessels being deployed on the transpacific shipping lane.
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.
Atlanta-based shipping and logistics provider UPS said it will invest more than $175 million to expand its main Columbus, Ohio ground package hub, which is located on 90 acres on […]
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.
BNSF Railway Co. and Kansas City Southern will offer a new joint intermodal service connecting shippers in the Chicago and Dallas/Fort Worth areas, as well as other major markets along […]
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 […]
NYK Ports acquired a 20 percent share in Maher Terminals, which operates the largest terminal at the Port of New York and New Jersey.
The Honolulu-based ocean carrier said the two vessels will be the first of their kind to serve the Hawaii-Mainland trade lane, operating fully on liquefied natural gas from day one […]
With the addition of the East Midlands Airport, the London Stansted Airport and the Copenhagen Airport, Etihad Cargo now has nine freighter destinations in Europe.
NEHDS Logistics names president, while CVI International appoints VP of business development and sales.
The Taiwanese government announced a $1.9 billion aid package for the country’s shipping industry, which both Yang Ming and Evergreen Line would be eligible for.
A new supply chain analytics benchmark study from American Shipper found that manufacturers are relying on analytics based on historical data almost twice as much as retailers and LSPs.
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 2M Alliance’s new TP3/Sequoia will commence Dec. 9 from Chiwan and will provide 12-day transits from Ningbo to Long Beach.
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.
Marken, a global provider of supply chain services to the life sciences industry, said the new operational hub in Chicago is its sixth hub in the United States.
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.
The Australian Competition and Consumer Commission’s case against Japanese ocean carrier “K” Line stems from alleged cartel behavior surrounding the shipping of automobiles to Australia between July 2009 and September […]
At least 10 Union Pacific train cars, one of which was filled with flammable materials, went off the tracks early Friday morning outside the southern Minnesota town, prompting a precautionary […]
The Port of Wellington’s general cargo and container wharf gates will remain tentatively closed through Nov. 22, but its oil terminal reopened today.
The Seattle-based airline became the first commercial carrier to power a flight with a mix of biofuel made from wood waste.
Maersk Group’s intra-Americas regional ocean carrier SeaLand said the NAE will add calls to Turbo, Colombia and Puerto Moin, Costa Rica.
Cambridge Systematics names CFO and the Chamber of Marine Commerce appoints president, while West Calcasieu Port re-elects board officers and IBIA’s chief executive retires.
A previous version of the AS Daily story “Canada’s trade deficit soars in September” from Nov. 8 did not specify the dollar amounts are in Canadian dollars.
Importers are pooling efforts to make C-TPAT security audits of overseas vendors more efficient.
The German ocean carrier’s third quarter profit surged from 3.2 million euros in the third quarter of 2015 to 8.2 million euros, despite a drop in revenues and freight rates.
A massive 7.5 magnitude earthquake rocked southern New Zealand Monday morning, resulting in marine terminal damage among ports in the region.
The Mid-Atlantic port continues to handle much more cargo than a year ago, in part due to cargo diversion from the West Coast.
The mid-Atlantic port handled 238,567 TEUs in October, making it the single-busiest month in the port’s history, while rail and barge volumes also increased from last October.
The Netherlands-based third-party logistics provider posted a third quarter loss of $41 million compared with a $51 million loss the previous year as revenues slipped 1.2 percent to $1.68 billion, […]
The all-cargo airline posted a throughput of 57,608 metric tons for the month, bringing the year-to-date total to 498,177 metric tons and breaking its full year freight volume record for […]
French-based Synchroteam, which provides cloud-based products for managing mobile workforces such as technicians and inspectors, as well as parts movement and inventory management in Europe, has opened its first U.S. […]
Although iron ore shipments from U.S. Great Lakes ports rose 5.4 percent in October from a year prior, loadings from Canadian ports tumbled 33.4 percent.
Bulk shipping company Korea Line Corp. has been picked over Hyundai Merchant Marine to acquire Hanjin’s operations between Asia and the United States.
Bulk shipping company Korea Line Corp. has been picked over Hyundai Merchant Marine to acquire Hanjin’s operations between Asia and the United States.
The freight rate marketplace provider unveiled an algorithm-based tool for ocean, air and trucking modes that can be integrated through an application programming interface (API).
The Pittsburg, Kan.-based transportation and terminal services provider’s purchase includes 14 inland waterway facilities, four rail and truck terminals, and two deep water port operations across the southern and midwestern […]
Descartes Systems Group has acquired 4Solutions, an Australia-based provider of cloud-based business-to-business supply chain solutions, for about $2.7 million
Rates from Shanghai to Northwest Europe fell 4.7 percent since last week, despite several major ocean carriers looking to increase rates on the trade in mid-May.
Since last week alone, the index has fallen 4.1 percent to a reading of 825.10, with rates declining from Shanghai to Northwest Europe, the Mediterranean and the United States.
McDonough, Ga.-based transportation and logistics company Bennett International Group established BOSS Engineered Logistics to provide more neutral third-party logistics solutions.
The Northwest Seaport Alliance has lengthened its extended gates program to support the peak shipping season’s strong agricultural exports.
The German shipowner and breakbulk ship operator said it sees no signs of a recovery in the general economic conditions for the final quarter of the year.
Cindy Sanborn, chief operating officer of the Class I railway, told investors and analysts at the Baird 2016 Industrial Conference in Chicago the company expects an $0.08 impact to fourth […]
The Atlanta, Ga.-based parcel giant will spend $196 million to expand its Jacksonville, Fla. ground package hub to add more than 260,000 square feet to the building and automation.
The logistics provider and container terminal operator’s intermodal segment was especially successful during the period.
The parcel giant signed a 10-year lease with the Port Authority of New York and New Jersey for a 20,625-square-foot building adjacent to FedEx and UPS facilities at Stewart International […]
Bellevue, Wash.-based Radiant Logistics saw revenues for the quarter ending Sept. 30 fall 9.5 percent from the comparable prior year period to $191.5 million.
Port Tampa Bay appoints VP of operations, while DHL Supply Chain names managing director for its Hong Kong and Macau business.
The Austin, Texas-based publisher and intelligence company said that although pirate attacks will continue to decline, maritime threats, such as militant attacks, will still pose a considerable challenge to global […]
Although free trade deals can cause short-term job losses, the long-term economic gains far outweigh the costs.
Hyundai Merchant Marine and Korea Line have submitted bids for Hanjin’s Asia-U.S. route, and a deal is expected to be reached at the end of the month.
