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Major freight railroads in the United States employed 156,602 workers as of the middle of January, down from 160,795 the previous month and 171,476 in January, 2015, according to data […]
The Bellevue, Wash.-based third-party logistics provider reported a $2.5 million loss in its second fiscal quarter, ended Dec. 31, 2015, despite revenues soaring 95.3 percent year-over-year to $207.0 million.
The New Zealand port handled 470,928 TEUs during the first half of the 2016 financial year ending Dec. 31, a 10.4 percent year-over-year increase.
Capable of carrying 7,500 cars, the Japanese ocean carrier’s new roll-on/roll-off vessel, “Drive Green Highway,” features energy saving technology including solar panels.
The Canadian shipping company reported net earnings from continuing operations of $21.1 million for the full year of 2015 on revenues of $413.5 million, year-over-year drops of 57 percent and […]
The airport handled 361,000 metric tons of cargo in January, a 1.5 percent year-over-year increase.
With 30 percent volume growth in cargoes to and from the United States during 2015 and its acquisition of the container operations of APL, the French ocean carrier expects to […]
This month’s column is going to seem like a hodgepodge and I apologize upfront for that. The reality is I had a couple of interesting concepts come across […]
With a long history and diverse fleet, International Shipholding Corp. (ISC) is one of the more interesting U.S.-based shipping companies. The company was founded by Niels F. Johnsen in […]
Although one terminal operator leaves, there’s development elsewhere in the Port of Oakland.
In just the last few months, we’ve seen two massive deals in the ocean shipping industry: CMA CGM, already the third largest container carrier, in December made a $2.8 […]
In 2013 the produce company Sol Group hired APL to ship melons from Honduras and Guatemala to Los Angeles. The fruit company alleged APL failed to live up […]
N.C. port authority expects boost from new intermodal terminal.
Airports Council International attributed the modest growth during the year largely to subdued growth in emerging markets and developing economies, in addition to a more modest recovery in advanced economies.
The overall reading of the Shanghai Containerized Freight Index has continuously declined since Dec. 31, but many ocean carriers will attempt to implement general rate increases starting in March.
The ocean carrier alliance announced it will skip several sailings on its Asia-Europe Loop 6 service for a period of 11 weeks in response to changes in market demand.
The Chinese port handled 2.94 million TEUs of containerized cargo for the month, according to data from the Shanghai International Port (Group) Co.
FedEx Corp.’s archrival said it is appealing the unconditional regulatory approval of the $4.8 billion acquisition “as part of ensuring a fair and thorough investigation,” according to a report in […]
The Canadian port reported container volumes rose 4.9 percent year-over-year to 3.1 million TEUs in 2015, a record for Port Metro Vancouver, due to increased trade with Asia.
The board of directors of FedEx Corp. declared a quarterly dividend payable April 1 to shareholders of common stock.
The AS Daily news report “Port of Houston sets container handling record in 2015” yesterday incorrectly stated Port of Houston handled just over 2 million TEUs in 2014. Houston […]
The South Korean ocean shipping conglomerate is also seeking relief from financial creditors by selling off various assets and stock, as well as issuing $24.4 million in new shares being […]
Maersk Line said in a recent statement it would work with Indian authorities to help improve facilities in Alang, but Patrizia Heidegger, executive director of the NGO Shipbreaking Platform, says […]
Chief Financial Officer of the Jacksonville, Fla.-based railway Frank Lonegro told the Barclays Industrial Select Conference in Miami the company expects a further 20 percent decline in coal volumes in […]
More than 2.13 million TEUs moved over the U.S. Gulf Coast port’s docks in 2015, up from just under 2 million TEUs in 2014, and new facilities and infrastructure expansion […]
An unnamed third party has filed an appeal with the Conselho Administrativo de Defesa Econômica regarding the regulatory body’s approval of a tie-up between FedEx Corp. and TNT Express, according […]
The SEAS1/ASE1 loop, which is currently operated by ocean carriers CMA CGM, Hapag-Lloyd, Hamburg Sud and NYK, is switching from a weekly frequency to fortnightly.
White House officials and ministers from the 10 Association of Southeast Asian Nations met in California this week with the goal to expand economic ties between the United States and […]
A total of 1,970 cargo thefts were reported in Europe, the Middle East and Africa throughout 2015, 669 in the fourth quarter alone, year-over-year increases of 46 percent and 152 […]
The inland river port experienced a 23.8 percent month-over-month drop in barge tonnage to 112,594 tons in January.
Non-vessel operating common carrier Troy Container Line now provides less-than-container-load and full-container-load import and export consolidation services to all of Germany.
The third-party logistics provider’s new Las Vegas office opened Monday with an initial team of 20 employees.
INTTRA appoints new president and COO, while the Chicago South Shore & South Bend Railroad names president and TIACA adds a board member.
The Chinese firm is now largest shipping company in the world and controls the fourth largest container fleet after Maersk Line, Mediterranean Shipping Co. and CMA CGM.
Ahead of Thursday’s Federal Maritime Commission hearing on verified gross mass reporting requirements for containers, the ocean shipping industry still unclear on so many details of how the rule will […]
Calgary-based Canadian Pacific railway last week launched a new website compiling details of and arguments for its proposed acquisition of number four U.S. railroad Norfolk Southern Corp.
CMA CGM plans to bring the merged COSCO-CSCL into a new vessel sharing alliance on the major east-west trades that would rival the 2M Alliance of Maersk Line and Mediterranean […]
The United States Coast Guard Marine Board of Investigation yesterday held the first day of hearings into the sinking of the TOTE Maritime Puerto Rico general cargo ship.
The analysis focused on the ports of Los Angeles, Long Beach, New York-New Jersey and Savannah to gather information on vessel arrival delays, berth times and the size and number […]
The port handled 192,844 TEUs for the month, a 0.4 percent increase from January 2015, with truck volumes and ship calls up 1.2 percent and 1.8 percent year-over-year, respectively.
The United States and Cuba entered an agreement on Tuesday to reestablish scheduled air cargo and passenger services between the two countries.
The next round of federal port security grants from the United States Department of Homeland Security is now open to eligible parties, such as port authorities, marine terminal operators, and […]
A total of 754 cargo thefts were reported in the United States during 2015, with an average loss value per incident of $184,101, year-over-year declines of 6 percent and 21 […]
The less-than-truckload carrier expanded operations into additional states and added a liftgate service for pickups and deliveries.
The third-party logistics provider will handle logistics services for Corning Incorporated’s customers out of a new distribution center in Yangshan, Shanghai.
Meanwhile, a Department of Transportation agency is expected to soon establish a working group to develop a port performance statistics program.
The Netherlands-based parcel carrier posted an operating income of 57 million euros on revenues of 1.9 billion euros for the fourth quarter of 2015.
Longtime airline veteran Alexander Arafa has been appointed head of global area management at Swiss WorldCargo.
Shipping and logistics services provider UPS upgraded its Flex Global View, a supply chain tool for freight forwarding customers.
Coal tonnage at the Great Lakes port fell more than 80 percent in 2015, compared to the prior year, which resulted from the Valley Power plant’s switch from coal to […]
The Russian cargo airline has started a twice-weekly freighter service to Africa with touchdowns in Libreville, Johannesburg and Niarobi.
The global container terminal operator has introduced an “Online Import Delivery Process” for its customers in the Port of Mumbai.
GENCO, a third party logistics services subsidiary of FedEx, plans to relocate its headquarters from the current Pittsburgh location at Papercraft Park to Cranberry, Pa.
Carriers agree to detail charges in general rate increase announcements to meet European Commission concerns.
With the successful completion of testing of reinforcements to sill number 3 of the Cocolí locks, the expansion project is now 96 percent complete and moving toward a Q2 opening, […]
Shipment volumes and expenditures both continued their decline in January, falling 1.3 percent and 1.9 percent, respectively, from December 2015, according to the latest Cass Freight Index Report.
The purpose of the Marine Board of Investigation hearing, which begins tomorrow Feb. 16 in Jacksonville, Fla., will be to determine the cause of the incident and create safety recommendations […]
The 14,000-TEU APL Vanda is the latest large containership to run aground, this time in the same location as the car carrier Hoegh Osaka ran aground last January.
The investment proposed by Gov. Raimondo would add an additional 50 years to Pier 2’s life, preserve hundreds of jobs in the maritime sector and keep Rhode Island competitive with […]
Ocean carriers Yang Ming and RCL will commence a new service between Southeast Asia, China and Hong Kong with the Feb. 28 sailing of the Methi Bhum from Singapore, according […]
The port has plans to dredge the harbor channels and the berths at Conley Container Terminal to accommodate larger containerships.
Ocean carriers Maersk Line and CMA CGM issued general rate increases.
Ocean carriers Maersk Line and CMA CGM announced general rate increases.
Ocean carriers Maersk Line and CMA CGM announced general rate increases.
Ocean carriers Maersk line of Denmark and CMA CGM of France issued general rate increases.
Lines are avoiding the Panama and Suez Canals on some backhauls from Europe and the U.S. East Coast despite having to speed up vessels in order to maintain transit times, […]
The key objective of the two-week National Transportation Safety Board mission in April will be to locate the voyage data recorder or “black box” dislodged from the TOTE Maritime general […]
The $1.5 million program at the Port of Oakland will provide an incentive to terminals to stay open longer as they handle business relocated from Outer Harbor Terminal.
Parcel giant UPS has joined the chorus of voices opposing a tie-up between Canadian Pacific and Norfolk Southern, sending a letter to the U.S. Surface Transportation Board that says a […]
Terminals at the Port of Los Angeles “continue to demonstrate progress in moving larger container volumes per ship call,” according to Executive Director Gene Seroka.
Hanjin, Yang Ming, Sinotrans and TS Lines will join an existing service between Asia and Oceania following the termination of the joint Hanjin, Yang Ming and TS Lines CKA loop […]
Airfreight volumes at Brussels Airport and Frankfurt Airport in January declined year-over-year, while throughput at London Heathrow Airport and London Stansted Airport increased.
The new freight hub will complement Ports of Auckland’s existing facilities in Wiri, South Auckland; Longburn, Manawatu; and Mount Maunganui, a town situated along the Bay of Plenty.
The Atlanta, Ga.-based shipping and logistics provider opened a new 8,000-square-meter package sorting center and a distribution hub in Lyon-Jonage, France yesterday.
The industrial real estate development and management firm acquired warehousing space in Savannah, Ga. and Suffolk, Va., bringing its total U.S. East Coast portfolio to 9.4 million square feet.
The United States Coast Guard is scheduled to meet with the Federal Maritime Commission on Feb. 18 to hear shipper concerns about the new verified gross mass requirement enacted by […]
The key objective of the two-week National Transportation Safety Board mission in April will be to locate the voyage data recorder or “black box” dislodged from the TOTE Maritime general […]
The United States Coast Guard is scheduled to meet with the Federal Maritime Commission on Feb. 18 to hear shipper concerns about the new verified gross mass requirement enacted by […]
Matt Rose, chairman and CEO of BNSF Railway, said a deal between Canadian Pacific and Norfolk Southern is unlikely because it would require buy-in from investors, rail labor, customers and […]
The port handled 35 percent more cargo in January than in the same 2014 period and said that, in addition to restoring regular service following congestion issues last year, restocking […]
The Danish global transport and logistics provider saw adjusted earnings jump 20.5 percent year-over-year in 2015 to 2.2 billion Danish krone.
The company’s board elected current CEO David Abney to succeed the retiring Scott Davis as chairman and appointed William Johnson to the newly created position of lead independent director.
The container terminal operator posted a cargo throughout of 61.7 million TEUs at its container terminals in 2015, a 2.4 percent increase from 2014 on a like-for-like basis.
Carload traffic dropped 16.6 percent in January, but intermodal traffic grew 3.4 percent compared with January 2015, according to data from the Association of American Railroads.
The newly awarded patent outlines an “autonomous delivery platform” equipped with a compartmentalized “package securing subsystem” similar to lockers that the package recipient would open via keypad or using a […]
The short line and regional freight railroad owner and operator Genesee & Wyoming saw net income fall 13.7 percent year-over-year in 2015 to $225 million.
The Canadian port’s enhanced container web-tracking tool allows shippers to track the status of their containers as they moves throughout the supply chain.
Nearly 10,000 counterfeit products, including medical equipment, automotive parts, luxury jewelry and electronics, were seized at the Luis Muñoz Marín International Airport in San Juan, Puerto Rico.
The cargo segment of American Airlines released its new redesigned tracking functionalities on its website, which will improve shipment visibility for customers, the airline said.
A new position paper from the Agriculture Transport Coalition lays out options such as delaying enforcement of the SOLAS verified gross mass requirement or allowing weight variance, and requests a […]
Rather than pursue a potentially damaging proxy fight to install new leadership, Canadian Pacific is asking NS shareholders to urge the company’s board to “engage in good faith discussions with […]
Maritime industry groups are concerned that the 2017 fiscal year budget request from the Obama administration will hurt progress made by ports on infrastructure and the environment.
Container carriers have offered to publish binding actual rates a month before they go into effect, according to a recent report from Reuters news service.
Ports covered by the Global Port Tracker report are expected to handle 8.8 million TEUs throughout the first half of 2016, a 4.5 percent increase from the corresponding period in […]
Although activity slowed slightly in the fourth quarter, total deal value for mergers and acquisitions in the transportation and logistics sector spiked 206 percent from the same 2014 period, according […]
German ocean carrier Hapag-Lloyd has purchased two wide beam ships from NileDutch, and will charter two sister ships for use in South America as well as four wide ships for […]
In container volumes alone, the German port experienced a 9.3 percent year-over-year decline to 8.8 million TEUs, which primarily resulted from lower volumes handled to and from China, Russia and […]
Carl Kemp is returning to Long Beach, Calif. as vice president of the Pacific Merchant Shipping Association after a stint as senior advisor for legislative and public affairs at the […]
In 2016, the Swedish port’s most significant investments are geared towards its new terminal, the Port of Gothenburg Logistics Park, a new truck entrance at the port and new terminal […]
Third-party logistics services provider Roadrunner Transportation Systems has expanded its less-than-truckload presence in Texas with new offices in Dallas and Houston, and has taken over another facility in Memphis, Tenn.
