News

The intermodal and trucking provider posted net earnings of $100.1 million for the first quarter of 2016, along with earnings per share of $0.88 cents, which surpassed analyst projections of […]

Freight transportation analyst firm FTR said U.S. truck trailer orders for March fell 35 percent over the previous month to 13,800 units.

The New York Shipping Association’s reduced assessment will apply to about 60 percent of import containers that move to within 260 miles of the port.

Pulse Canada has asked the Canadian government to postpone the sunset provisions of the Fair Rail for Grain Farmers Act, which will take effect Aug. 1.

Liner carriers Wan Hai and IAL will launch a service between China and Southeast Asia next week.

The paperless trade solutions provider opened an office in Shanghai, marking its first office in the Chinese market.

The Port of Jacksonville appointed a senior director of facilities development, while Lamar University named an executive director of its new Center for Advances in Port Management.

The Swiss-based third-party logistics provider increased net profits 10.5 percent year-over-year to 169 million Swiss francs for the first quarter of 2016.

ZIM Pacific Atlantic Service (ZPA) will start in early May and offer connections from the U.S. East Coast to South Korea and China.

Nine shipyards will share $4.9 million from the U.S. Maritime Administration for modernization projects aimed at making them more globally competitive.

Swiss WorldCargo, the air freight division of Swiss International Air Lines Ltd., has entered an agreement with va-Q-tec to provide cold-chain services for its global network.

The freight forwarding and logistics company launched two new less-than-container-load services.

South Korean steelmaker POSCO this spring plans to start building a $19 million wire rod processing plant at the Port of Indiana-Jeffersonville.

The National Shipping Company of Saudi Arabia, Bahri, saw net profits skyrocket 54 percent year-over-year in the first quarter of 2015 to 612 million Saudi riyal.

Third-party logistics services provider time:matters has expanded its same-day services from Portugal to about 20 destinations across Europe.

The logistics company opened a new 200,000-square-foot cold storage and blast freezing facility in Savannah, GA.

The airport handled 368,000 metric tons of cargo in March, a 1.1 percent year-over-year increase, primarily driven by 5 percent growth in exports and 3 percent growth in transshipments.

A federal factfinding agency’s report said while lifting U.S. trade and travel restrictions to Cuba will inevitably expand exports to the Caribbean country, those opportunities in the medium term may […]

One year after ports were snarled during ILWU contract negotiations, FMC has yet to receive complaint or petition.

A research ship will search waters off the coast of the Bahamas for a second time in an attempt to locate the voyage data recorder from the vessel, which may […]

U.S. Customs and Border Protection, and the Immigration and Customs Enforcement’s Homeland Security Investigations, reported that seizures of imports containing intellectual property infringements rose 25 percent year-over-year in fiscal year […]

The Federal Aviation Administration has proposed a $162,500 civil penalty against Airbus Defence and Space of Madrid, Spain, for allegedly violating federal hazardous materials transport regulations.

The Belgian port handled 53.3 million metric tons of cargo during the first three months of 2016, a 3.9 percent increase from the corresponding period in 2015.

Crowley Maritime Corp. took delivery Friday of Louisiana, the third of four new, Jones Act product tankers being built for the company by Philly Shipyard, Inc.

Ocean carriers Maersk Line, CMA CGM, COSCO, CSCL, Hapag-Lloyd, OOCL and MOL issued general rate increases.

Macquarie, which already owns several container terminals in the U.S. and Canada, will now own the largest container terminal at the Port of New York and New Jersey.

Meanwhile, Rep. Mark Sanford, R.-S.C. asked why commercial ships in domestic trade must be built in U.S. when 30 of 46 ships in Ready Reserve Fleet are foreign built.

Rates from Shanghai to Northwest Europe and the Mediterranean declined 6.9 percent and 6.6 percent, respectively, since last week, however various ocean carriers plan to increase rates from Asia to […]

Spot container rates from Shanghai to Europe, the Mediterranean and the United States all declined since last Friday, according to the latest figures from the Shanghai Shipping Exchange’s Shanghai Containerized […]

Allianz cautions shipowners not to skimp on maintenance and pay special attention when laying up ships.

Senate committee approves $25 million for ports that traditionally have received little money from the Harbor Maintenance Tax.

March volumes this year were lower at the Port of Long Beach, but the first quarter was the best since 2007.

The U.S. Justice Department said an arrest was made in New York this week of a Chinese businessman who attempted to obtain and illegally export military-grade carbon fiber to China […]

Shipboard union leader is remembered as bringing “stability and respect” to the Masters, Mates and Pilots organization.

The Luxembourg, Germany-based cargo-dedicated airline introduced a third weekly flight to Ho Chi Minh City, Vietnam.

House lawmakers brushed aside calls at a hearing to slow implementation of the Verified Gross Mass rule, while other shippers said compliance should be straightforward.

The container terminal industry is facing challenges that include slowing global trade, larger ships, liner industry consolidation and extreme cost pressure, according to Kim Fejfer, chief executive officer of APM […]

Authorities last week searched the head offices of France’s Bolloré Group as part of an investigation into whether the logistics provider and terminal operator acted improperly in securing port concessions […]

U.S. Customs and Border Protection is requiring terminal operators, warehouses or other entities with custody to detain potassium, potassium hydroxide and potassium nitrate from Tangshan Sunfar Silicon Co. while it […]

Door manufacturer Door-Stop International has selected XPO Logistics to deliver products from its manufacturing plant in Nottingham to customers across the United Kingdom.

The shipping company is launching a new freight service linking the Omani ports of Salalah, Duqm and Sohar with Jebel Ali in the United Arab Emirates.

The southeast Indian port set a record for container volumes record in March, handling a total of 61,390 TEUs during the month.

The Baltic Exchange’s main ocean freight index rose for the twelfth consecutive trading session Wednesday thanks to higher rates for panamax, supramax and handysize dry bulk vessels.

The air cargo terminal operator’s recently inaugurated cool center at Shanghai Pudong International Airport can handle 100,000 tons of temperature-sensitive goods per year.

AAPA elects Port of Pascaguola director incoming chairman, while UPS appoints chief sustainability officer and Flagler Global Logistics names new president.

Crowley Maritime, a pioneer in a trade that is still restricted under laws such as the Helms-Burton Act and Trading with the Enemy Act, has actually seen volumes fall in […]

The first phase of the “Middle Harbor Project,” due to go into operation this year, will add about 10 percent more container capacity to the nation’s second largest container port […]

JaxPort and the Port of New Orleans have new truck-rail transfer facilities that are expected to make more attractive shipping options.

German ocean carriers Hamburg Sud and Hapag-Lloyd are shifting two of their services from one member of the Northwest Seaport Alliance to the other.

The Jacksonville, Fla.-based railway posted net earnings of $356 million on revenues of $2.6 billion for the first quarter of 2016, year-over-year declines of 19 percent and 14 percent, respectively.

The Hong Kong-based logistics services provider entered into a memorandum of understanding to increase its stake in Indev Logistics Pvt. Ltd. from 30 percent to 50 percent.

Under the agreement, Air Canada Cargo will launch dedicated freighter services from Canada to Latin America and Europe with Cargojet-operated 767-300ER freighter aircraft.

During the month, London Heathrow Airport handled 131,661 metric tons of cargo, a 3.8 percent decline from March 2015.

The logistics services provider opened a new branch office in Miami, Fla. at the beginning of the month.

Meanwhile, Ed DeNike, president of SSA Containers, says truckers picking up import boxes at the Oakland International Container Terminal will need an appointment.

The Dubai-based terminal operator will charge $245 Canadian for boxes arriving at the West Coast ports by truck or rail without verified gross mass data after the new International Maritime […]

With freight rates already 20 percent lower than in 2015, the London-based shipping consultant is predicting prices will continue to slide in the second quarter of 2016.

An annex to the International Maritime Organization’s Convention on Facilitation of International Maritime Traffic aims to harmonize procedures for ship’s arrival, stay and departure from port.

The governments of the United States, Canada and Mexico are increasingly alarmed by the deteriorating conditions of their domestic steel industries due the overcapacity of steelmaking in the global market.

The status of BNSF Railway’s Southern California International Gateway project, a proposed intermodal rail facility near the ports of Los Angeles and Long Beach, is “uncertain” following a recent court […]

The Overland Park, Kan-based less-than-truckload provider introduced its new “Accelerated” service, allowing shipments to reach their destinations one to two days quicker than standard transit times.

The deployment of megaships, road congestion, and a decline in rail cargoes such as coal and crude oil are some of the reasons the Port of Long Beach is taking […]

Melbourne International RoRo & Automotive Terminal (MIRRAT), a subsidiary of Wallenius Wilhelmsen Terminal Holdings, has opened its new auto-handling terminal at Australia’s Port of Melbourne.

In addition, the cryogenic logistics services provider began providing logistics solutions that support ProteoGenex Inc’s shipping of biological specimens.

The United States exported 779,010 net tons of steel in February, a 0.4 percent decline from the previous month and an 11.3 percent year-over-year drop.

Estes Express Lines has opened a new terminal in Markham, Ill., to meet increased demand for the company’s services throughout the Midwest.

Longshore workers at Greece’s largest seaport walked off the job on Friday, shutting down container terminals, and marched in central Athens in protest against the government sale of Piraeus Port […]

The Port Authority of New York and New Jersey has issued a request for proposals to develop a long range plan to guide future growth and development of the port’s […]

Ports covered by the Global Port Tracker handled 1.54 million TEUs in February, a 3.7 percent increase from January, according to the National Retail Federation and Hackett Associates.

The “K” Line container terminal will have its berth rebuilt and four cranes added so that it will be capable of working two ultra-large 18,000-TEU containerships simultaneously.

Norwegian shipping company DSD Shipping has been sentenced to pay a $2.5 million fine resulting from convictions in Mobile, Ala., for dumping oily waste and garbage into the sea, according […]

Although airfreight volumes fell compared to last February, the results were skewed from the impact of the U.S. port strikes in early 2015, which caused a surge in airfreight volumes, […]

Regal Logistics has expanded its warehousing footprint near the Port of Charleston to 800,000-square feet with the opening of a second facility.

Services provided at the company’s 18,900-square-foot facility include warehousing, distribution, inventory management, pick and pack, quality inspection and order fulfillment services.

Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd and UASC issued general rate increases.

Canadian Pacific Railway has terminated efforts to acquire the number four U.S. railroad, including the withdrawal of a resolution asking NS shareholders to urge its board to engage in negotiations, […]

The U.S. Department of Justice filed a reply in opposition to Canadian Pacific’s petition for a declaratory order from the Surface Transportation Board regarding use of a voting trust in […]

A downbeat report from the London-based shipping consultant says freight rates are low and low oil prices are unlikely to drive profitability for the Danish conglomerate, but that stock in […]

The Ocean3 Alliance’s AEC1/AEX1/FAL8 service, which dropped a call at Zeebrugge, had the largest average vessel capacity of all container services calling the port, according to data from BlueWater Reporting.

Container spot rates as measured by the Shanghai Containerized Freight Index dipped 4.4 percent since last week, but the Ningbo Containerized Freight Index and the World Container Index both posted […]

A recent decline in the value of the U.S. dollar is benefiting exports, but it is too early to declare a trend, according to Port of Oakland Maritime Director John […]

Combined United States carload and intermodal cargo volumes fell 11 percent in March compared with March 2015, according to data from the Association of American Railroads.

Applications for U.S. Department of Transportation FASTLane and TIGER grants are due soon, as are comments on the first draft of its National Freight Strategic Plan.

The European container terminal operator posted net profits of 73.5 million euros on revenues of 591.3 million euros, year-over-year increases of 13.4 percent and 4.5 percent, respectively.

The Japanese ocean carrier will join the Ocean3 Alliance’s Phoenician Express/BEX2 loop next week as a slot purchaser.

The gulf coast port handled 12,653 TEUs during the first half of its fiscal year 2016, which ended March 31, a 36 percent year-over-year increase.

Industrial real estate services and investment management firm JLL has appointed Walter Kemmsies managing director, economist and chief strategist for its U.S. Ports, Airports and Global Infrastructure Group.

Lineage Logistics is the latest third-party logistics provider to add refrigerated warehouse space in the city, helping the Port of Charleston attract perishable shippers.

Industrial developer CenterPoint has purchased a transload facility in Chesapeake, Va.

Port Freeport picks new CEO, while IFCO appoints VPs for commodity management and grower sales and TruckSmart names national accounts director.

Meanwhile, the U.S. Army has sent a letter to the Surface Transportation Board opposing the Canadian railway’s proposed acquisition of Norfolk Southern as a potential threat to national security.

United States port authorities and private companies plan to invest six times more in ports through 2020 than the federal government, according to a recent survey from the American Association […]

The third-party logistics provider’s purchase of United Kingdom-based Evolution Time Critical will allow Metro, which is headquartered in Canada, to expand its automotive services presence beyond North America.

The House subcommittee on Coast Guard and Maritime Transportation will hear testimony on April 14 about the International Maritime Organization’s controversial verified gross mass requirement, which goes into effect July […]

Dubai-based Mercator, a provider of solutions to the global travel, transportation and logistics industry, has acquired Seattle, Wash.-based Revenue Management Systems.

United Continental Holdings has abandoned plans to buy 24 takeoff and landing slots from Delta Air Lines at Newark Liberty International Airport, the U.S. Justice Department said Wednesday.

Doorae Shipping will also make a community service payment of $200,000 after pleading guilty to charges that it failed to maintain an accurate oil record book and made false statements […]

European all-cargo operators Cargologicair and SW Italia have filed applications to launch routes to the United States, according to a report from industry news outlet The Loadstar.

The U.S. International Trade Commission has launched a study of the aluminum industry in the United States and its place within the global aluminum trade.

Air cargo aircraft operator Atlas Air Worldwide Holdings has completed its $110 million acquisition of Southern Air Holdings, a provider of intercontinental and domestic crew, maintenance and insurance services.