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The MN Baroque, a neopanamax dry bulk carrier contracted by the Panama Canal Authority, transited the new Agua Clara locks yesterday as part of a testing and training program in […]
The U.S. Department of Labor’s Occupational Safety and Health Administration ordered NFI Interactive Logistics to reinstate the driver and pay $276,870 in damages for violating the anti-retaliation provisions of the […]
Whereas in the past when seat belts were only required for truck drivers, now drivers and carriers will be held accountable for passengers using seat belts as well, according to […]
Singapore-owned investment firm Temasek, along with its affiliates, tendered their shares of Neptune Orient Lines (NOL), boosting CMA CGM’s stake in NOL to 78.07 percent.
Trucking companies and independent operators have until December 2017 to begin using electronic logbooks, but the vast majority still haven’t made the switch, according to a recent user poll from […]
The West Coast port handled 83,969 TEUs of loaded containerized exports in May, the largest number of loaded export containers its handled since October 2014.
Ocean carrier Maersk Line’s subsidiary Seago Line will provide three vessels, while Arkas Line will deploy one vessel on the weekly loop, which is scheduled to commence next month.
AAGEX Freight Group President and CEO Mike Williams said the new company is inspired by his vision to advance a business model for logistics entrepreneurs to keep pace in a […]
However, U.S. pork exports in April saw year-over-year growth in the China/Hong Kong market, while beef increased to Mexico and other Western Hemisphere markets, U.S. Meat Export Federation President and […]
Goods coming from the Balkans will arrive by ship at the Port of Venice, where they will be loaded on a direct train to the Port of Rostock for departure […]
South Korean ocean carrier Hyundai Merchant Marine signed a charter rate negotiation agreement with five containership owners for a charter rate reduction of about 20 percent.
Rep. Gary Palmer, R-Ala., was unsuccessful in persuading the House Rules Committee in getting his proposed amendment to exempt Puerto Rico from the Jones Act included into the Puerto Rico […]
The $0.40 dividend announced by the FedEx Corp. board of directors could be a signal of the company’s transition from a growth stock to a yield stock, according to a […]
Although one might expect bad service to be the primary reason for switching suppliers, this is not the case in the container shipping industry, Xeneta CEO Patrik Berglund explained.
Recently purchased APL parent Neptune Orient Lines couldn’t cut costs fast enough to compete in an increasingly commoditized market, chief executive Ng Yat Chung said in a surprisingly candid interview […]
The Jones Act requires waterborne cargo between two points in the United States to be transported on vessels that are American built, owned and crewed.
The Dubai-based port terminal operator has been granted a 50-year concession for the development of a new multi-purpose port facility in Posorja, Ecuador, 65 kilometers from Guayaquil.
The CSAV executive, Mauricio Javier Garrido Garcia (Garrido), is accused of participating in the conspiracy from as early as 2000 until at least September 2012.
The San Rafael, Calif.-based global logistics and transportation services provider will begin processing vehicles in Baltimore next month.
The ocean carrier alliance will suspend its Central China 1 loop for six weeks, which is dedicated to the transpacific trade, while the Central China 2 loop will add calls […]
Choi Eun-young, former head of South Korean ocean carrier Hanjin Shipping, was summoned by prosecutors Wednesday over suspicions of insider trading.
The newly merged China COSCO Shipping Co. officially launched COSCO Shipping Energy Transportation Co. earlier this week and appointed Sun Jiakang to lead the bulk segment of China’s largest shipping […]
Shanghai Yigian Trading Company has acquired an 82.5 percent share in the struggling airport from German federal state Rhineland-Palatinate for an undisclosed sum, according to a statement from the state […]
Ports covered by the Global Port Tracker report handled 1.44 million TEUs in April, up 9.1 percent from March but down 4.6 percent from April 2015, according to the National […]
Shipments from U.S. ports fell 8 percent year-over-year to 5.5 million tons in May, while loadings from Canadian ports tumbled 20 percent year-over-year to 556,000 tons.
The Cleveland, Ohio-based logistics solutions provider expanded its nationwide warehouse network with the opening of a 100,000-square-foot warehouse near the Port of Savannah.
PECO names chief executive officer, Union Pacific appoints chief legal officer and CenterPoint annouces senior vice president of development.
The Suez Canal Authority has begun granting a 65 percent discount on tolls for all containerships sailing from East Coast North America ports south of Norfolk to Asian ports and […]
The plantiffs claimed the U.S. Coast Guard violated the Administrative Procedures Act in its rule-making procedure in developing the pilotage rates, which have jumped about 114 percent over the past […]
Claude Mongeau, president and chief executive officer of Canadian National Railway, will be succeeded in his role by current Chief Financial Officer Luc Jobin after having surgery to remove a […]
The National Transportation Safety Board will attempt to retrieve the El Faro’s voyage data recorder in July, which is located in about 15,000 feet of water near the Bahamas.
The Port of Oakland’s largest marine terminal will continue night operations even after a port subsidy expires this month, but will assess a $30 flat-fee on all loaded import and […]
The container and railcar leasing company has acquired Hybrid Logistics, Inc. and its General Transportation Services, Inc affiliate, which are asset-light truck brokers with a focus on flatbed truck and […]
San Francisco, Calif.-based private equity investment firm Thoma Bravo said its purchase of the global supply chain solutions provider will allow Elemica to expand its client offerings by focusing its […]
The port handled 55.6 million metric tons and 4.32 million TEUs during the first quarter of 2016, a year-over-year drop of 18.7 percent and 12.1 percent, respectively.
DHL Express Germany’s new 32.5 million euro (U.S. $36.88 million) logistics center at Hanover Airport in Germany consolidates the functions of two formerly separate sorting facilities into one 30,000-square-meter site.
The Cool Chain Association called for closer cooperation from shippers and other industry stakeholders in order to reach its goal of a 10 percent reduction in global food waste by […]
The Japanese ocean carrier in 2015 had reduced carbon dioxide emissions from ships by 13.6 percent since 2011, well ahead of the targeted 10 percent reduction by 2019.
Transportation and logistics companies cut 500 jobs for the month, following revised increases of 10,100 in April and 5,700 in March, according to recent preliminary data from the U.S. Department […]
The South Korean shipping conglomerate has already reached a deal with Zodiac Marine, according to shipping publications Lloyd’s List and Tradewinds.
Rail theft has emerged as a more prevalent problem in Mexico, primarily in the states of Guanajuato and Querétaro, while fuel theft across the nation has also increased.
The Japanese ocean carrier exceeded its goal of a 10 percent reduction in its carbon dioxide emission rate per unit of transportation from ships by fiscal 2015, according to a […]
The United States experienced a 30 percent year-over-year drop in steel import volumes in April to 2.46 million net tons.
Ocean carriers CMA CGM of France, Germany’s Hapag-Lloyd and MOL of Japan announced upcoming general rate increases, while this past Friday, the Shanghai Containerized Freight Index rose 1.9 percent from […]
Port of Seattle picks head of environment and the Port of Brownsville elects chairman, while K+N names global head of air freight and IATA appoints chairman.
The derailment of a Union Pacific freight train on Friday, which burst into flames and spilled crude oil into the Columbia River near Mosier, Ore., was likely caused by track […]
Announcements by terminal operators in Oakland and Los Angeles/Long Beach are “positive steps toward achieving the flexibility of compliance” with the new SOLAS verified gross mass rule, says Federal Maritime […]
A combination of businesses between United Arab Shipping Co., which is jointly owned by the governments of six wealthy Middle Eastern nations, and Hapag-Lloyd of Germany has “strategic value,” and […]
As a result of a 7-to-1 share reduction for Hyundai Elevator, Hyundai Global and Hyundai Group Chairman Hyun Jeon-Eun, the Korea Development Bank will become the largest shareholder of struggling […]
Amazon.com CEO Jeff Bezos said in an interview at Recode’s 2016 Code Conference traditional parcel couriers like the U.S. Postal Service and UPS simply can’t provide all the last mile […]
Combined United States carload and intermodal cargo volumes fell 6.8 percent in May compared with May 2015 and 7.6 percent for the first five months of 2016, according to data […]
Net orders for North American Class 8 trucks in May grew 4 percent from April, but were still down 30 percent compared with May 2015, according to preliminary data from […]
Under the three-year deal with global aluminum manufacturer RUSAL, annual cargo volumes could reach 10,000 TEUs, according to Danish ocean carrier Maersk Line.
Continued weighing at port facilities might provide a convenient way for exporters to comply with the upcoming International Maritime Organization verified gross mass container weight regulations due to go into […]
The Green Bay, Wis.-based trucking and logistics firm announced the acquisitions of Watkins & Shepard and Lodeso, which both specialize in the delivery of difficult-to-handle goods such as furniture and […]
The parcel giant announced today that after the official post-closing acceptance period, FedEx owns 98.45 percent of all TNT Express stock and will commence a statutory buy-out for the remaining […]
A total of 21 families of crew members from the ill-fated cargo vessel, which sank near Crooked Island, Bahamas Oct. 1 after sailing into the path of Hurricane Joaquin, have […]
Drivers are striking four companies doing business in and around the ports of Los Angeles and Long Beach, claiming they are being misclassified as independent contractors instead of employees.
Hindered by weak world trade and increasing capacity, demand for air cargo remains soft, lagging behind “relatively robust” growth on the passenger side, according to the International Air Transport Association.
The third-party logistics provider closed on its purchase of Apex Maritime, a top three non-vessel operating common carrier in terms of Asia-U.S. import volumes, according to trade data firm Datamyne.
The Gulf Coast port’s Napoleon Avenue Container Terminal transported 99,568 TEUs in March and April combined, which is more than it has transported during any two months in the port’s […]
The Icelandic liner carrier posted net earnings of 1.8 million euros on revenues of 113.3 million euros for the first quarter of 2016, a year-over-year increase of 21.1 percent and […]
The international express parcel carrier more than doubled its cargo-handling operations in Tokyo with the opening of a new 20,000-square-meter facility.
Troubled South Korean ocean carrier Hyundai Merchant Marine is disputing press reports that it might be required to merge with fellow state-run line Hanjin Shipping in order to gain entry […]
Berkshire Hathaway-owned BNSF Railway Co. eliminated 62 management jobs last week and restructured its operations organization from three regions to two, effective today, according to a statement from the company.
The bi-state port complex saw throughput of both loaded imports and exports decline both on a monthly and year-over-year basis, according to recent data from the port authority.
Meanwhile, the state of Georgia dedicated a new road connecting the Port of Savannah to I-95, saying it will speed cargo flow and improve safety.
However, the state experienced a 9 percent year-over-year drop in reported cargo thefts during the quarter to 2,152 incidents.
Hamburg, Germany-based Rickmers-Linie, has taken over the activities of tramp and chartering specialist Nordana Project & Chartering, which has offices in Copenhagen, Bangkok, Singapore and Houston.
Unicon Logistics names VP of logistical services, while Kalmar, a subsidiary of cargo-handling equipment manufacturer Cargotec, appoints new president.
United States GDP grew slightly more than initially expected in the first quarter of 2016, and durable goods orders ticked up in April, according to the most recent data from […]
Meanwhile, the struggling South Korean ocean carrier said in a statement Sunday it expects to reach an agreement with ship owners regarding charter rate renegotiations “soon.”
The French ocean carrier reported it will pay 1.3 Singapore dollars (U.S. $0.94) for the Neptune Orient Lines’ shares it does not already own, control or has agreed to acquire.
The ocean carrier alliance, consisting of Maersk Line and MSC, will adjust its Asia-North Europe network, which includes five services.
The Icelandic government, two Icelandic municipal authorities and the EFLA engineering company signed a memorandum of understanding to promote the creation of a new port in the northeast corner of […]
Industrial production in South Korea fell more than economists expected as weak exports and corporate restructuring of shipbuilders continue to hurt demand and business sentiment.
Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd, MOL and UASC issued general rate increases.
SSA Marine’s Oakland International Container Terminal will make appointments mandatory for the majority of containerized import pick-ups in order to shorten lines at terminal gates and speed up cargo delivery […]
Struggling South Korean shipbuilder STX Offshore & Shipbuilding Co. on Friday filed for receivership with the Seoul Central District Court amid mounting debt and continued losses.
The Shanghai Containerized Freight Index rose 9.8 percent since last week to a reading of 577.81, as rates from Shanghai to both Northwest Europe and the Mediterranean jumped 36.6 percent […]
Representatives from Chanel Fragrances and Beauté, Ericsson, Sandvik Machining Solutions, Marine Harvest RMT and Teva Pharmaceutical Industries have joined the association’s Shipper Advisory Committee.
The Commerce Department this week said it will impose antidumping and countervailing duties on imports of corrosion-resistant steel products from China, India, Italy and South Korea, as result of its […]
The retail ready packaging company’s newest logistics and distribution center in Dublin, Ga. will create 110 new jobs in the region, according to a statement from Gov. Nathan Deal.
The inland river port handled 180,328 tons of waterborne cargo in April, a 23 percent year-over-year increase, the port said.
Federal Maritime Commission Chairman Mario Cordero said one of the items that has been on his agenda since becoming chairman in 2013 is to have a better funded and better […]
The Israeli ocean carrier experienced a net loss of $56 million in the first quarter of 2016, compared to profit of $12 million in the first quarter of 2015.
The Danish ocean carrier will commence its AC1 service at the end of June, connecting Asia with the West Coast of Latin America.
The Pharma Aero alliance, unveiled at the TIACA Executive Summit in Hollywood, Fla. yesterday, aims to build a network of international cargo hubs dedicated to growing the $300 billion pharmaceutical […]
American Airlines Cargo is expanding its presence in Africa by hiring its first general sales agent on the continent.
The third-party logistics provider opened a logistics center in Dubai Logistics City, featuring a warehouse space of 7,200 square meters.
Kerry Logistics appoints managing director for the Benelux countries, while the Glasgow Prestwick Airport names permanent CEO.
Peter Friedmann accused container lines of bungling the International Maritime Organization’s new container weight verification requirement, and said some now realize they face high internal costs unless they offer a […]
FedEx Corp. completed its $4.9 billion acquisition of TNT Express and will start integrating the European company into its network immediately.
The French ocean carrier received confirmation today for its estimated $2.4 billion acquisition of Neptune Orient Lines and its APL container shipping subsidiary by the Anti-monopoly Bureau of the Chinese […]
The seasonally adjusted For-Hire Truck Tonnage Index equaled 134.8 for the month, down another 2.1 percent from March and 2 percent compared with April 2015, according to the American Trucking […]
The Russian cargo airline launched its new Houston-Abu Dhabi freight service this week.
The third-party logistics provider has partnered with Jinbei Automotive to build a 42,000-square-meter facility in the Shenyang Tiexi district of northeast China, the DB Schenker’s second largest logistics center in […]
The French ocean carrier received confirmation today for its estimated $2.4 billion acquisition of Neptune Orient Lines and its APL container shipping subsidiary by the Anti-monopoly Bureau of the Chinese […]
South Korean ocean carrier Hanjin asked Seaspan and others for a reduction in existing charter rates for a period of three and a half years in exchange for securities in […]
2016 promises to be one of the busiest years in the history of ship recycling, said Anil Sharma, the president and chief executive officer of GMS Inc. Shipbreakers […]
