Legislator suggests Yang Ming merger with Taiwan-owned port company
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 […]
Stay up to date on your No. 1 source for the latest logistics, freight and transportation news from FreightWaves, your award-winning source for transportation news. Subscribe now.
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 World Trade Organization made progress this past weekend toward creating an agreement liberalizing trade of environmental goods, but sticking points kept negotiations from reaching a conclusion, the global trade […]
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 […]
Supply chain innovation teams, created by the Federal Maritime Commission, say a national portal could improve port performance and increase American economic competitiveness.
ZIM and “THE Alliance” will launch a new loop between the Mediterranean and the East Coast of North America, while ZIM’s already existing flagship ZCA loop will alter its rotation […]
Alaska Air Group was not required to divest any assets in order to get clearance from the U.S. Department of Justice for its acquisition of Virgin America.
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.
Marseilles, France-based ocean carrier CMA CGM said that since Oct. 17, U.S. Lines’ services have been rebranded as ANL on the Oceania trades and APL on the transpacific trades.
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 German ocean carrier’s employees demonstrated Friday in Hamburg, seeking job protection in the wake of the announcement that the company will be acquired by Maersk Line.
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 […]
The South Atlantic Port is now equipped with 20 new Panamax cranes and six post-Panamax cranes.
The Japanese ocean carrier has agreed to an 80:20 joint venture with Vietnam Ocean Shipping Agency Corp., a shipping agent and subsidiary of state-run Vietnam National Shipping Lines, to establish […]
Dachser USA Air & Sea Logistics launched a less-than-container-load service to Shanghai.
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 Dubai-based operator will own 55 percent of a new vehicle targeting port and terminal investment opportunities outside of the United Arab Emirates, while Canadian pension fund Caisse de dépôt […]
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.
The Salt Lake City, Utah-based automobile motor manufacturer plans to have its Nikola One truck, a zero-emissions electric drivetrain powered by high-density lithium batteries, in production by 2020, the company […]
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.
Concurrent with the deal for Glencore Rail, the Australian subsidiary of short line and regional rail operator Genesee & Wyoming has issued a 49 percent equity stake to funds managed […]
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.
The International Longshoremen’s Association said that former U.S. District Judge Joel A. Pisano has been appointed as the union’s Ethical Practices Officer, replacing Judge Milton Mollen.
U.S. Rep. Bill Shuster, R.-Pa. has been selected to continue serving as the Transportation and Infrastructure Committee Chairman.
The French ocean carrier commenced the ADRIMED Express, which deploys three vessels that connect Egypt, Malta, Croatia, Italy and Slovenia.
The purchase, which includes 600 controlled-atmosphere containers, follows a previous order for 5,000 refrigerated containers announced last month.
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.
FMC Commissioner Doyle says provisions in new vessel sharing agreement could protect other members in the event of a Hanjin-like bankruptcy.
The marine terminal operator said that effective Dec. 6, truckers will be required to make appointments to pick up container imports in order to reduce wait times by more evenly […]
The Israeli ocean carrier said its focus on select markets and investment in customer service will improve its position to endure the shipping crisis.
Hyundai Merchant Marine of South Korea and Geneva, Switzerland-based Mediterranean Shipping Company have submitted an offer to acquire Hanjin’s interests in Total Terminals International.
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 […]
The new container service will operate with five vessels averaging 4,200 TEUs and will connect ports in China, Korea and Southeast Asia with Chennai in East India, according to statements […]
Erie, Pa.-based Logistics Plus Inc., a transportation, logistics and supply chain solutions provider, has acquired the DoorLogistics door-to-door intermodal solution.
The United Kingdom shipping agent and logistics provider signed an agreement with the southeast UK port for the operation of a purpose-built, 120,000-square-foot steel handling facility, construction of which has […]
MOL appoints chief country representatives in Brazil and Mexico, while Bureau International des Containers names new secretary general.
Danish ocean carrier Maersk Line said the acquisition of Hamburg Süd would boost its share of the world container fleet from 15.7 percent to 18.6 percent, and increase its capacity […]
Danish ocean carrier Maersk Line said the acquisition of Hamburg Süd would boost its share of the world container fleet from 15.7 percent to 18.6 percent, and increase its capacity […]
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 Southern California ports said they are planning to update their Clean Air Action Plan to reduce greenhouse gasses, but the Pacific Merchant Shipping Association has expressed concern about how […]
French ocean carrier CMA CGM said APL has improved its performance in the first three months under the ownership of CMA CGM, despite a challenging market.
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 […]
The industry analyst said it believes Maersk Line and CMA CGM are “frontrunners” in acquiring the German carrier.
The International Longshoremen’s Association said collective bargaining issues will be discussed at the informal meetings in Delray Beach, Fla. from Feb. 13-16, and locals from Maine to Texas are invited […]
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 […]
Port workers in Brazil are expected to begin a 24-hour strike today, according to a report from Reuters news service.
The ocean carrier alliance will skip one sailing each on the AX1 and AX2 loops.
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.
Fellow South Korean ocean carrier Hyundai Merchant Marine expects to finalize the purchase of a 100 percent stake in Total Terminal International Algeciras in late December, subject to due diligence, […]
The World Trade Organization has found one of seven separate Boeing tax incentives identified by the European Union to qualify as subsidies since it is contingent on the use of […]
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 […]
German bank and shipping financier HSH Nordbank is holding discussions in London with the Bank of China, as well as global investment groups Apollo and Lone Star, about a potential […]
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 […]
Mitsui O.S.K. Lines, Ltd. (MOL) has teamed up with Mitsui & Co., Ltd. and AKOFS Offshore AS to purchase a subsea support vessel through a new joint venture company, Avium […]
The Japanese liner carrier’s decision to add another roll-on/roll-off service from Thailand to Australia stemmed from the rise in imported vehicles in the Australian automobile industry.
Vancouver Fraser Port Authority in British Columbia, Canada appoints new chief financial officer, while Scandinavian Shipping & Logistics tabs new managing director.
Under the reorganization plan, most of International Shipholding Corp. (ISH) would be acquired by SEACOR, and ISH also plans to sell a business that includes operations in Southeast Asia to […]
Several media outlets reported that owners of the Oetker Group, the conglomerate that owns Hamburg Süd, will meet this week to discuss the future of the German ocean carrier.
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 […]
Frisco, Texas-based Transplace, a provider of transportation management services and logistics technology, has acquired Oakville, Ontario-based Lakeside Logistics.
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.