U.S. economy continues to send mixed signals
United States GDP grew slightly more than initially expected in the first quarter of 2016, but durable goods orders fell in May, according to the most recent data from the […]
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United States GDP grew slightly more than initially expected in the first quarter of 2016, but durable goods orders fell in May, according to the most recent data from the […]
The French ocean carrier said it intends to have Singapore’s Neptune Orient Lines delisted from the Main Board of the Singapore Exchange as it pushes forward to acquire all of […]
The Singapore-based non-vessel-operating common carrier formed a new logistics services network, focusing on breakbulk and project cargo.
The Honolulu-based liner carrier will launch its South Pacific Express service in August, which will transport U.S. West Coast cargo transshipped at Honolulu to Samoa, American Samoa, Tonga and Fiji.
DB Schenker appoints senior finance and HR executives for North America team, while the Canadian Airports Council elects new chairman.
German ocean carrier Hapag-Lloyd reached an agreement with United Arab Shipping Company on a merger that would make Hapag-Lloyd the fifth largest container carrier in the world.
German ocean carrier Hapag-Lloyd reached an agreement with United Arab Shipping Company on a merger that would make Hapag-Lloyd the fifth largest container carrier in the world.
The agriculture shipper advocate praised container weighing methods recently outlined by the Ocean Carrier Equipment Management Association and G6 Alliance carriers, saying terminals nationwide should adopt similar methods.
The Port of Oakland commissioners have unanimously awarded Executive Director Chris Lytle a new three-year contract, keeping him on board through July 2019.
The technologies needed to create remote and autonomous ships already exist, meaning it’s actually a matter of when it becomes a reality, not if, according to the Rolls-Royce led Advanced […]
The Dutch Tax and Customs Administration and participating terminal operators will no longer require a physical customs document to be submitted when transferring containers from one terminal to another at […]
The United States exported 794,537 net tons of steel in April, a 2.5 percent increase from March, but a year-over-year drop of nearly 6 percent.
The Panama Canal’s third lane opened for business, following Sunday’s transit of the 9,472-TEU COSCO Shipping Panama.
The 9,742-TEU containership COSCO Shipping Panama began its historic passage through the expanded waterway, construction of which began back in 2007, Sunday morning.
The U.S. Department of Transportation is looking into how delays at ports and other loading and unloading facilities may be affecting driver compliance with hours-of-service rules designed to increase safety.
Union Pacific’s failure to maintain its track and equipment resulted in broken and sheared lag bolts, which caused the June 3 derailment of a train near Mosier, Ore., according to […]
The global shipping industry will see earnings worsen, while freight rates will remain depressed amid ample supply, according to projections from the credit rating agency Moody’s Investors Service.
The Shanghai Containerized Freight Index rose 5.6 percent since last Friday, fueled by the strong increases from Shanghai to Northwest Europe and the Mediterranean.
The total value of cross-border freight between the United States and North American trading partners Canada and Mexico slipped another 3.2 percent year-over-year in April 2016, according to the Bureau […]
Major freight railroads in the United States employed 156,602 workers as of the middle of May, down 0.27 percent from the previous month and 11.69 percent year-over-year, according to data […]
Indonesia, Malaysia and the Philippines earlier this week agreed to several measures, including a designated transit corridor, to protect shipping interests in shared maritime areas that have been targeted by […]
Hamburg-based investment firm HCI Capital voted this week to change its name to Ernst Russ.
The e-commerce logistics provider opened its DHL eCommerce Shenzhen Distribution Center and will also expand its existing distribution centers in Shanghai and Hong Kong as part of its plans to […]
The Antwerp Port Authority has appointed a new CEO, while Virgin Atlantic Cargo picks VP of sales and Matson appoints a director.
The first commercial passage of a neopanamax containership through the new locks and third lane of the canal will occur on Sunday with the 9,472-TEU COSCO Shipping Panama.
The Federal Aviation Administration on Wednesday proposed two separate civil penalties against Amazon in the combined amount of $130,000 for alleged violations of federal hazardous materials regulations.
The Port of Longview in Washington state, which is seeking interested parties in taking over its Bridgeview Terminal, said it would prefer operators interested in handling import and export bulk […]
Jacksonville, Fla.-based Crowley Maritime Corp. is adding a less-than-container-load option for exporters out of Houston.
The cargo segment of American Airlines launched a daily non-stop service between Los Angeles and Auckland New Zealand using a Boeing 787.
Cargo volumes carried by U.S.-flag Great Lakes freighters slipped 12.5 percent year-over-year in May, largely due to sharp declines in iron ore and coal volumes.
The Seattle-Tacoma International Airport is ramping up to handle millions of pounds of fresh cherries for export during the next two months.
B&H Worldwide appoints VP for the Americas, while Saddle Creek Logistics Services names business development director.
South Korea’s second largest shipping line seems to be turning a corner in its debt restructuring of late, and has now set its sights on joining the leading vessel sharing […]
South Korea’s second largest shipping line seems to be turning a corner in its debt restructuring of late, and has now set its sights on joining the leading vessel sharing […]
The so-called “Brexit” vote, in which voters will decide whether the United Kingdom should remain a part of the European Union, could have wide ranging effects on the shipping industry, […]
The Memphis, Tenn.-based integrator posted a net income of $1.82 billion on revenues of $50.4 billion for the fiscal year 2016, which ended May 31, year-over-year increases of 73.3 percent […]
French trucking operator Jacky Perrenot will acquire the container transportation activities of CMA CGM subsidiary Greenmodal Transport, according to a report from Lloyd’s Loading List.
The two Class I railroads will spend $28 million to make improvements along a 320-mile rail line between Meridian, Miss. and Shreveport, La., with work scheduled to start next week.
The Calgary-based Class I railroad cited lower-than-anticipated bulk volumes, the devastating wildfires in northern Alberta and a strengthening Canadian dollar as the primary reasons for the downward revision in earnings […]
Year-over-year pricing dropped for the 17th consecutive month in May 2016, according to the latest Cass Intermodal Price Index, and analysts with Avondale Partners expect this trend to continue through […]
APM Terminals Inland Services, South Asia entered into an agreement with Volvo Cars to provide the automobile manufacturer with a warehouse facility in Chennai for fully-assembled automobiles imported from Sweden.
The seasonally adjusted For-Hire Truck Tonnage Index equaled 139 for the month, up 2.7 percent from April and 5.7 percent compared with May 2015, following declines in each of the […]
The Swiss food and beverage company will sell its limited edition Grand Cru Cafecito de Cuba, the first Cuban coffee to be brought into the United States in more than […]
The Memphis, Tenn.-based third-party logistics provider opened an office in Houston, allowing the company to re-enter a market that is expected to increase its imports and exports tonnage with the […]
Truckload pricing dipped another 1.2 percent in May 2016 compared to the same 2015 period following declines of 0.6 percent and 2.3 percent in March and April, respectively, according to […]
The logistics services provider’s contract logistics arm established a dedicated co-packing facility in the Jebel Ali Free Zone.
Radiant Logistics names chief operating officer of forwarding operations and chief commercial officer, while Agility appoints managing director of the Central Europe area.
The South Korean ocean carrier has continued to receive good support from its customers as it restructures its finances.
Shipment volumes in May 2016 grew 1.3 percent compared with the previous month, but expenditures slipped 0.4 percent, and both remained well below 2015 levels, according to the latest Cass […]
The South Korean government needs to do more to help its struggling shipping sector, Gerry Wang, founder and chief executive of containership lessor Seaspan, said in an interview with maritime […]
Swiss-based third-party logistics provider Kuehne + Nagel has divided its operations into two separate units and shuffled the company’s management structure in Europe.
The transportation management software provider completed an integration partnership with Thoroughbred Direct Intermodal Services, Inc., a wholly owned subsidiary of Norfolk Southern Railroad.
The national postal carrier’s logistics subsidiary, General Logistics Systems, will pay a total of 71 million euros to acquire ASM Transporte Urgente, Spain’s second largest express parcel network.
While various airports in England experienced year-over-year cargo throughout increases in May, cargo throughput at the Frankfurt Airport in Germany fell 1.3 percent year-over-year.
Container cargo throughput at the Port of Singapore grew 1.6 percent to 2.67 million TEUs compared to May 2015, the first year-over-year growth in over a year.
The online freight exchange has been rebranded to become FreightorGator, offering a new way to compare rates, book and track shipments.
AirBridgeCargo Airlines carried 50,482 tons for the month and 238,154 tons in the first five months of 2016, both 31 percent increases compared with the same 2015 periods, thanks in […]
The international shipping association opened a new office in Singapore, which it will be sharing with staff from the Baltic Exchange and the Institute of Chartered Shipbrokers.
The agricultural export group, which has been a critic of the container weight regulation implementation process, praised South Carolina Ports Authority CEO Jim Newsome for suggesting the use of port […]
The Ocean Carrier Equipment Management Association indicated it is close to finalizing a common approach for U.S. port terminals to weigh containers, allowing exporters to meet a new requirement designed […]
A U.S. District Court in San Francisco has dismissed all criminal charges against FedEx Corp. stemming from a Department of Justice investigation into its alleged shipment of illegal drugs, the […]
A ship worker died Saturday afternoon after losing his balance and falling 50 feet onto a ship, according to a report from local media outlet Click2Houston.com.
The Surface Transportation Board last week issued an Advanced Notice of Proposed Rulemaking outlining measures to expedite its handling of rate cases as part of the board’s implementation of the […]
Pacific Maritime Association President and CEO James McKenna said he expects to hear from International Longshore and Warehouse Union this summer on whether it wants to discuss the extension of […]
The parcel carrier has agreed to pay $240 million to settle lawsuits covering around 13,000 divers across 20 states who claimed they should have been treated as employees instead of […]
The Association of American Railroads and American Short Line and Regional Railroad Association spoke out against a proposed Federal Railroad Administration rule that would mandate two-person crews on all trains.
Great Lakes regional less-than-truckload carrier Moran Transportation Corp. purchased the assets of Eagan, Minn.-based Mats Trucking for an undisclosed sum back in April, but waited until rebranding was complete to […]
The CEO of Global Metallurgy pleaded guilty to one count of conspiring to violate the International Emergency Economic Powers Act in relation to the export of specialty metals from the […]
Family-owned third-party logistics provider Wainwright Industries is adding a second facility near the Port of Charleston.
Starbucks names new executive VP for global supply chain, while DHL appoints senior leadership for its eCommerce division and Foss Maritime promotes new president.
Ocean carriers should “embrace the obvious solution” terminal operators can offer to ensure compliance with the International Maritime Organization’s new verified gross mass regulations, says Federal Maritime Commission Chairman Mario […]
Forwarders Nippon Express and Globaltransol, as well as forage shipper ACX Global, will submit verified gross mass data through CargoSmart’s platform to comply with upcoming International Maritime Organization regulations.
Jett McCandless, the chief executive officer of transportation consulting firm CarrierDirect, will be replaced by current Managing Director Peter Rentschler as he transitions to a full time position with data […]
A recent report authored by eight U.S. governors and two Canadian premiers sees untapped potential for moving container and roll-on/roll-off cargo in the Great Lakes and St. Lawrence Seaway.
The renaming of COSCO Pacific, the port terminal operator division of the former COSCO Group, to COSCO SHIPPING Ports Limited follows the company’s decision to rebrand its bulk shipping operations […]
The e-commerce giant is reducing the fees it charges merchants to sell USB cables, smartphone screen protectors and other small items in an effort to better compete with other marketplaces […]
The accumulation of high value cargo will increase as bigger ships gather for passage through the newly expanded Central American waterway, increasing insurance risk, according to a new report from […]
With cargo volumes near all-time peak levels, May 2016 still qualified as the second-busiest May in the Southern California port’s 105-year history.
The French ocean carrier has teamed up with PSA Singapore Terminals to operate four “mega” container berths at Pasir Panjang Terminal Phases 3 and 4 in Singapore, according to a […]
Lamar University in Beaumont, Texas is offering a new master’s program in port management, and recently named veteran port administrator Erik Stromberg to lead its new Center for Advances in […]
Choi Eun-young, a former chairwoman of struggling South Korean ocean carrier Hanjin Shipping, is not seen as a flight risk and has pledged to cooperate in the insider trading investigation, […]
The Japanese ocean carrier will acquire a 25 percent stake in EMAS Chiyoda Subsea, a construction firm specializing in offshore and subsea oil and gas facilities, from Singapore’s Ezra Holdings […]
The logistics unit of German airline Deutsche Lufthansa AG plans to eliminate 450 to 500 positions in Germany and another 250 to 300 abroad as part of a greater cost […]
The third-party logistics division of Japanese shipping company NYK has acquired a larger warehouse at the inland port in Duisberg, Germany.
American Shipper recently visited the global headquarters of C.H. Robinson’s managed transportation services subsidiary in Chicago to get a first hand look at the company’s transportation control tower, which shows […]
Due to the deterioration of container freight rates and the subsequent drop in carrier financial results, analysts with Drewry Maritime Equity Research foresee a possible combination of Korean and Japanese […]
The Federal Aviation Administration has proposed a $350,000 civil penalty against Seattle-based e-commerce giant Amazon.com for allegedly violating federal hazardous materials transport regulations.
Third-party logistics provider Manitoulin Global Forwarding’s purchase of Vaughan, Ontario-based M.A.P. International Freight will enable the company to offer a full suite of international freight forwarding services.
As part of its ongoing expansion in North America, Mainfreight has recently added two new warehouses at Newark, N.J. and Dallas.
The new system will help KLM Cargo move packages and mail more quickly through its hub at Schiphol Airport in the Netherlands.
NOL board picks CEO and CFO and IAG Global names Asia-Pacific/India commercial manager, while Unishippers appoints new CFO and Kalmar selects senior VP for automation.
Despite the European Union and United States agreeing to ease economic sanctions placed on Iran in 2009, multinational companies must still ensure rigorous compliance with “secondary” U.S.-Iranian sanctions.
A combination of Hanjin Shipping and Hyundai Merchant Marine, the two largest ocean shipping companies in South Korea, could, at least for the time being, rank as the fifth largest […]
Union Pacific on Friday filed a report with the Federal Railroad Administration citing one or more broken bolts as the cause of the June 3 derailment of a crude oil […]
The U.S. Transportation Department on Friday approved six domestics airlines to begin scheduled flights between Miami, Fort Lauderdale, Chicago, Philadelphia, and Minneapolis/St. Paul and Cuba as early as this fall.
Guillermo A. Sanchez-Badia of Miami was sentenced late last week to 12 years in prison for his role in a scheme to defraud two commercial lenders and the U.S. Export-Import […]
The beginning of the month brought little relief to freight railroads as business in many commodity lines continued to fall in the United States, Canada and Mexico.
The retail logistics specialist signed a lease for bigger facility near the Port of Savannah, according to a statement from the company.
Rampant overcapacity and the resulting price war between carriers in the container shipping market has caused substantial further reductions in contract rates for exporters and importers buying under contract.
The struggling South Korean ocean carrier recently removed vessels from two services between Asia and North Europe, according to data from ocean carrier schedule and capacity database BlueWater Reporting.