TNT Express experiences surge in revenues, operating income
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.
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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.
The Offshore Terminal Bremerhaven should be handed over to BLG Logistics at the end of 2018 or beginning of 2019, according to bremenports Managing Director Robert Howe.
Aljex Software names VP of business development, while Rico Logistics appoints e-commerce logistics director.
The Danish shipping conglomerate saw its earnings drop over 82 percent from the previous year thanks to what it called a “perfect storm” of falling container freight rates and low […]
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 […]
The Northern California port says cargo business from Outer Harbor Terminal LLC, a joint venture between Ports America and TIL, will be transferred to other terminals and night and weekend […]
After rejecting final bids from three trucking companies, XPO Logistics Inc. has decided to keep the full truckload shipping arm of Con-way Inc., according to a report in the Wall […]
According to BlueWater Reporting’s Skipped Sailings Report, 191,069 TEUs of capacity are scheduled to be withdrawn on between China and North Europe from Feb. 7 to Feb. 20, 2016, a […]
President Obama has signed into law the 2015 Coast Guard Authorization Act, which allows the Coast Guard to consider the future acquisition of a polar icebreaker and maintains current funding […]
A $50 million settlement subject to court approval has been proposed between Air China and plaintiffs in an ongoing antitrust lawsuit alleging previously widespread air cargo carrier collusion on services […]
Transportation and logistics companies cut 20,300 jobs during the month, led by a sharp decline in courier positions, according to recent preliminary data from the United States Department of Labor.
The massive China Shipping containership was freed after being stuck on a sandbar for nearly a week in the River Elbe leading to the Port of Hamburg.
The recession in Canada and a strong U.S. dollar, which makes American steel much more expensive abroad, hindered U.S. steel exports in 2015.
Inland Port V, a 654,656-square-foot building at Logistics Park Kansas City, is expected to be completed in June 2016.
The United States exported a total of $5.58 billion of pork and $6.3 billion of beef in 2015, year-over-year decreases of 16.5 percent and 11.7 percent, respectively.
The Overland, Kan.-based third-party logistics provider opened a Global Logistics facility in Kansas City that specializes in import and export services in addition to supporting transportation services, purchase-order management and […]
World Trade Center Miami appoints 2016 chairman, while CEVA Logistics names head of its Balkan, Mideast and African region.
Volumes were up 10.4 percent from 2014, but on 7.4 percent fewer ships calling at the port, indicating that much of the cargo is arriving on larger ships, according to […]
The German ocean carrier’s “Watchdog” software flagged more shipments both because of an increase in business and stricter regulations following the explosions in Port Tianjin last year.
The 25-member crew of the Safmarine Kuramo are reported to be safe after the vessel was boarded by armed hijackers off the coast of Nigeria Friday night.
MOL will terminate its current CSW loop, while MSC and Maersk Line’s jointly operated Ipanema Service/ASAS3 will see MOL upgrade from a slot purchaser to a vessel provider and add […]
Lyttelton Port of Christchurch, situated in eastern New Zealand, officially opened its new Cashin Quay 2 wharf last week, effectively doubling container vessel berthing capacity.
The China Shipping ultra-large containership has been stuck in the channel leading to and from the Port of Hamburg for nearly a week now.
The Commerce Department reported on Friday that U.S. exports of goods and services for December slipped 4.8 percent from the previous month to $2.23 trillion.
The U.S. Federal Maritime Commission has received 29 ocean transportation intermediary (OTI) license applications and changes for review.
The U.S. Federal Maritime Commission has received 29 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 29 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 29 ocean transportation intermediary license applications and changes for review.
FMC reviews 29 OTI license applications
The U.S. Federal Maritime Commission has received 29 license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from BL Worldwide Corp., Doral, Fla. […]
Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd, “K” Line and NYK issued general rate increases.
TNT Express on Friday said it has entered an agreement to sell its airline operations, TNT Airways and Pan Air Líneas Aéreas, to ASL Aviation Group.
Canadian Pacific published a third white paper regarding its proposed acquisition of Norfolk Southern Corp., and the U.S. Surface Transportation Board has begun to receive letters from rail customers in […]
A $60 million upfront payment by Ports America and TIL gives the Northern California port limited recourse following their departure from Oakland Harbor Terminal, according to a research note by […]
Rates from Asia to Northwest Europe and the Mediterranean have dropped for the past five consecutive weeks.
The plummeting dry bulk rates are being blamed on an imbalance of fleet supply and demand, along with stagnant cargo trade resulting from the slowdown in China’s economy since last […]
XPO Logistics Inc. continued to implement its cost cutting plan at the former Con-way Inc., closing freight terminals in what it described as “remote” locations.
The Overland Park, Kan.-based less-than-truckload holding company more than doubled its full-year operating income in 2015, despite a $28.7 million settlement charge that resulted in a net loss for the […]
The Danish supply chain specialist has begun a review of “synergies” and “redundancies” following the close of its $1.35 billion acquisition of struggling third-party logistics provider UTi Worldwide.
The logistics provider and container terminal operator primarily attributed the declines in revenues and EBIT to the economic crisis in Russia and the Ukraine, the slowdown in economic growth in […]
Ocean vessels alone directly exported over 2.1 million metric tons of grain to international ports during the year, 80 percent more than the five-year average for the Lake Superior port.
Tradepoint Atlantic appoints manager of short-line railroad, while Breakthrough Fuel names VP of technology.
The trade ministers of Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States, and Vietnam at a meeting in Auckland on Wednesday signed the […]
Gilbert “Gil” Ellzey Carmichael, who held presidential-appointed transportation administration posts in the 1970s, died Jan. 31 at his home in Meridian, Miss.
CSX Transportation, Norfolk Southern Railway and Canadian National Railway, along with a handful of passenger railroads, will need until 2020 to implement positive train control, according to the Federal Railroad […]
Meanwhile, the intermodal transportation management provider and truck brokerage says it has closed its Hub Group Trucking terminal serving the Los Angeles, Calif. market.
The 19,100-TEU containership CSCL Indian Ocean remains stuck on a sandbank in the River Elbe outside Germany’s Port of Hamburg after a failed rescue attempt at high tide earlier this […]