News

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.

Courts in Tianjin Municipality sentenced 24 company managers and staff and 25 government officials for crimes related to the August 2015 warehouse explosion that killed at least 165 people and […]

Geneva, Switzerland-based Mediterranean Shipping Co. said it will form a new vessel sharing agreement with Maersk Line, Hamburg Sud and MOL on two Asia-Australia loops in May 2017.

Major container ports in the United States handled 1.6 million TEUs in September, down 6.6 percent from August and 1.6 percent from September 2015, according to the monthly Global Port […]

The new super post-Panamax container crane capable of moving cargo on and off 14,000-TEU ships was damaged during set-up.

Express carrier UPS said it will invest more than $400 million to build a 1.2 million-square-foot regional package sorting facility on Atlanta’s west side.

The integrated third-party logistics provider grew net profits in third quarter 2016 despite revenues slipping 7 percent year-over-year to 312 million Kuwaiti dinars (U.S. $1.03 billion), according to the company’s […]

FedEx Trade Networks, the freight forwarding subsidiary of FedEx Corp., has opened an office in Penang, Malaysia.

The Jersey City, N.J.-based bulk freight shipping services provider reported net income applicable to common stockholders for the fiscal year 2017 second quarter, which ended Sept. 30, tumbled 77.5 percent […]

Envirotainer appoints CEO, while B&H Worldwide names regional director for Europe, the Middle East and Africa.

Peter Keller, executive vice president of TOTE, which has put two containerships fueled with liquefied natural gas into service between Florida and Puerto Rico, chairs the group, SEA/LNG.

In addition, the Singapore Exchange confirmed the appointment of Mark Jackson as chief executive officer of the nearly 275-year-old Baltic Exchange, effective Jan. 31, 2017, according to a joint statement […]

Singapore’s sovereign wealth fund will acquire P3 Logistics Parks, Europe’s largest logistics real estate developer and property manager, from TPG Cambridge and Ivanhoé Cambridge, P3 said in a statement.

U.S. steel exports reached 795,318 net tons in September, falling 2 percent from September 2015, while U.S. steel imports totaled 2.74 million net tons, falling nearly 20 percent from last […]

Dunavant Global Logistics Group has opened an operation in Shenzhen and Hong Kong, in addition to acquiring longtime Mobile, Ala.-based customs broker John M. Brining Inc.

Jeffrey S. Musser, the president and chief executive officer of Expeditors International, said the company shipped record volumes in both air and ocean freight during the quarter.

Union Pacific Railroad has increased train speed from 40 mph to 60 mph on a 4-mile stretch between Plaza Parkway and River Road in Modesto, Calif., according to a statement […]

U.S. Customs and Border Protection agriculture specialists at the George Bush Intercontinental Airport in Houston found multiple egg masses and pests inside a commercial shipment of fresh Brazilian papayas.

CSX names vice president-industrial products, while Target appoints former Walmart logistics executive to senior VP of network planning and operational design, and the European Sea Ports Organization elects its next […]

The Bonn, Germany-based parcel carrier and logistics provider posted a third quarter 2016 net profit of 618 million euros, a significant increase from just EUR 49 million in third quarter […]

Federal Maritime Commission Chairman Mario Cordero said that as container carriers form new alliances and merge, they are seeking new powers, causing some nervousness among shippers.

Berkshire Hathaway-owned BNSF Railway Co. reported a net income of $1.02 billion in the third quarter of 2016 and $2.58 billion in the first nine months of the year, decreases […]

Matson said its profits for the third quarter of 2016 were lower than a year prior because volumes on its Hawaii and Alaska trade routes were “lower than expected due […]

Beef exports from the United States in September rose from a year prior due to stronger exports to Japan and South Korea, while pork exports picked up thanks to shipments […]

A federal court judge on Monday rejected a request by all-cargo aircraft operator ABX Air for a temporary restraining order against its pilots and their union.

The nation’s imports in September rose 4.7 percent from August to $47.6 billion Canadian, resulting from one large shipment of equipment from South Korea for the Hebron offshore oil project […]

California had the highest number of reported cargo thefts during the third quarter of 2016, accounting for 38 percent of reported incidents.

After several months in delays, Peel Ports’ £400 million (U.S. $494.9 million) Liverpool2 container terminal officially opened for business last week, according to a statement from the port terminal operator.

The U.S. Department of Transportation has tentatively selected American Airlines to operate a new daily nonstop service between Los Angeles and Beijing.

The airfreight and express wholesaler has acquired the 500-square-meter warehouse adjacent to its current facility at Cape Town International Airport, effectively doubling the size of its facility and tripling its […]

AirBridgeCargo Airlines will commence a twice-weekly Boeing 747 freighter route Nov. 15 from Oslo to support Norway’s thriving seafood export market and the country’s oil and gas industry, the company […]

Hill Dickinson appoints first ever COO, while Absolute Worldwide Logistics hires managers for new Waycross, Ga. office.

Members of the planned ocean carrier alliance – Hapag-Lloyd, Yang Ming, NYK, MOL and “K” Line – said they plan to offer 31 services, utilizing 240 vessels to call over […]

Danish third-party logistics provider DSV said it can grow market share by cross-selling brokerage and asset-based services previously provided under the UTi brand.

The U.S. Commerce Department reported Friday the nation’s trade deficit in September fell 9.9 from a month prior amid stronger exports.

Based on trends from the last two years, growth in containership capacity will continue to outpace demand in the next few years despite record ship scrapping so far in 2016, […]

Transportation and logistics companies added 7,500 positions last month, following a revised 3,100-job loss in September, according to recent preliminary data from the U.S. Department of Labor.

BIMCO’s chief shipping analyst Peter Sand says “the tools to turn the container shipping industry around are being used and are working.”

Port says a softer U.S. dollar and big agricultural harvests resulted in a 20 percent increase in container exports in October.

The Israeli container carrier told American Shipper Friday it is rejecting the rumor that it has intentions to sell its global shipping operations to instead become a regional Mediterranean carrier.

The U.S. Department of Transportation released more than $90 million among Federal Aviation Administration grants to six airports to make improvements to runways, taxiways and aprons.

On a bright note, the port authority said it will be using a $1.6 million grant awarded by the U.S. Maritime Administration to improve the barge program that transports containers […]

Net orders for North American Class 8 trucks totaled 13,800 units in October 2016 as a “significant cleanup of long-term, excess, orders by one OEM” weighed on ordering activity, according […]

The Atlanta, Ga.-based parcel giant has entered into an agreement to acquire Marken, a global provider of supply chain services to the life sciences industry.

The international financial institution said the financing will be used to support Indonesia in addressing issues with the nation’s supply chain, such as long dwelling times at ports and lengthy […]

Two Pakistani nationals were sentenced by a U.S. District Court after pleading guilty to charges of operating Internet sites to illegally sell and ship pharmaceuticals from Pakistan and the United […]