Stay up to date on your No. 1 source for the latest logistics, freight and transportation news from FreightWaves, your award-winning source for transportation news. Subscribe now.
A U.S. District Court agreed in August to have antitrust lawsuits filed by shippers against roll-on/roll-off shipping companies dismissed. (In Re Vehicle Carrier Services Antitrust Litigation. U.S. District Court, […]
FTZs are a growing strategy for duty management, but it takes software to maximize value.
MER Group to operate ship demolition yards in Puerto Rico and Europe.
It’s not only liner companies like CMA CGM and APL or COSCO and China Shipping that are combining. In November, Triton Container International Ltd. and TAL International Group […]
The French Competition Authority has ordered a total of 20 companies to pay nearly $740 million in fines for alleged anti-competitive behavior in the French parcel delivery sector.
The improved productivity resulting from the institution of variable pricing would be worth $2 billion to $3 billion annually, according to estimates from management consulting firm McKinsey & Co.
Carriers will face continued competition from operators of both container and handy-size bulk ships, according to the London-based ship consultant’s latest Multipurpose Shipping Market Review and Forecaster report.
The Marseille Fos port authority’s Fos port-industry zone will become the site of France’s first demonstration plant for a ‘Power to Gas’ project.
The European shipping and transport company launched a daily rail freight shuttle between Italy and Rotterdam and Zeebrugge as part of a comprehensive multimodal link between England and Italy.
Inchcape Shipping Solutions became NileDutch’s new agent in Alexandria, Egypt.
Ocean carriers CMA CGM, Hapag-Lloyd, MOL, OOCL and Hamburg Sud issued general rate increases on several trade routes.
Changes to free time policies “must be carefully considered” and should not come until after a planned overhaul of appointment systems, the Los Angeles Customs Brokers & Freight Forwarders Association […]
The Evergreen Group’s Colon Container Terminal will be equipped to handle the much larger containerships that will be able to transit the Panama Canal when its expansion project is completed […]
Ocean carrier Hanjin will terminate its CKA loop between Asia and Oceania and will join a loop connecting Japan, Korea and China with Australia in February.
The Maersk intra-Americas affiliate’s “Atlantico” service from Altamira and Veracruz will offer rapid transit time to shippers of produce and other foodstuffs, according to a statement from SeaLand.
Truckload pricing grew 1.6 percent for the month compared to November 2014, the ninth consecutive monthly increase, according the latest Cass Truckload Linehaul Index.
The independent common carrier commenced its Inter-Egypt Service this week and will launch its Egypt Izmir Service at the beginning of January.
Rates dropped another 2.4 percent in November compared to last year, the tenth consecutive month prices have fallen, according to the latest Cass Intermodal Price Index.
The Taiwanese ocean carrier will purchase slots on the CKI service, which is jointly operated by KMTC and TS Lines.
The Eurofos terminal, which is located in the French Mediterranean port’s western harbor, acquired two 54-meter high cranes with a 72-meter outreach.
Monthly volumes at the Southern California port have exceeded 700,000 TEUs for the past six months, and the port is currently preparing for the arrival of the largest containership ever […]
The Memphis, Tenn.-based integrator reported net income of $691 million on $12.5 billion in revenues in the second quarter of fiscal year 2016 ended Nov. 30, year-over-year increases of 4.2 […]
The Prince Rupert Port Authority and port terminal operator DP World have agreed to study the further expansion of the Fairview Container Terminal beyond its current enlargement project.
The Northwest Seaport Alliance, whose operations encompass the Port of Seattle and Port of Tacoma reported November volumes are up 18 percent compared with November 2014, due in part to […]
The two high-efficiency “megamax” ship-to-shore cranes, expected to be operational in 2017, will be will be capable of handling the largest vessels in service worldwide.
The French Mediterranean port launched Neptune Port, a fully-automated information system developed over the course of three years that is designed to simplify administrative procedures for vessels that call the […]
The Commerce Department has announced its preliminary determinations for its countervailing duty (CVD) investigations of certain cold-rolled steel flat products from Brazil, China, India and Russia.
The Mid-Atlantic seaport received the first breakbulk shipment of Chilean winter fruit to arrive in the United States for the sixth consecutive season.
The Giant African Snails, which can grow up to 8 inches long and consume at least 500 different types of plants, cause structural damage to buildings and carry various plant […]
The inland river port, which has continued to make progress on its main dock renovation project, handled 146,410 tons of waterborne cargo in November.
Ericsson launched its first telecom equipment hardware and software distribution center in the Middle East Earlier this month, situated in Panalpina’s Dubai South facility.
IAG appoints new commercial executive, while RoadOne Intermodal makes promotions and project44 names president.
TOTE Maritime has 14 days to respond to the motion to dismiss a request for exoneration or limitation of liability in the sinking of the ill-fated cargo ship, which sank […]
The Owner-Operator Independent Drivers Association said the new rule requiring electronic logging devices is “the most outrageous intrusion into the rights of professional truckers imaginable and will do nothing at […]
Shipment volumes and expenditures both slowed from the previous month and the same 2014 period, but were still “stronger than expected,” according to the latest Cass Freight Index Report.
Delmas, which was acquired by the CMA CGM Group in 2006, will officially operate under the CMA CGM name effective March 1, 2016.
The Federal Maritime Commission reached compromise agreements with several NVOCCs, forwarders and other companies, but none admitted to alleged violations of the Shipping Act.
The Lake Oswego, Ore.-based railroad transportation equipment manufacturer received new orders for approximately 1,800 rail car units valued at nearly $170 million since Sept. 1, 2015, the beginning of the […]
Israel’s Ministry of Environmental Protection (MoEP) has imposed a fine of $600,000 on the Mediterranean seaport for marine pollution infractions.
The Japanese transportation company’s wholly-owned subsidiary, NYK Automotive Logistics (China) Co. Ltd., established a new vehicle processing center in Shanghai.
Intermodal operator Shuttlewise, in cooperation with Novatrans, will commence a rail shuttle between Rotterdam, Netherlands and Dourges, France, which will initially run five times a week.
The airfreight carrier will add three new routes on its Latin America network that are expected to be particularly beneficial to pharmaceutical shippers.
The forwarder last Wednesday opened its Asia Pacific Innovation Center in Singapore, which showcases futuristic technologies DHL says will transform logistics operations.
Several community leaders at the Florida Chamber Foundation’s Transportation Summit discussed what Florida currently has to offer the logistics industry and steps the state needs to take in order to […]
A Feb. 1 rate hike of $100 from the U.S. West Coast and $200 from the East and Gulf Coasts is necessary because some cargo fetches rates that “make them […]
Shares of both China-owned shipping companies took a beating yesterday when trading resumed after a months-long suspension due to a pending merger deal.
Schenker AG will purchase Redhead International and merge its operations with those of subsidiary DB Schenker Logistics in the United Kingdom.
France’s Autorité de la Concurrence has ordered Netherlands-based TNT Express and third party logistics provider Kuehne + Nagel of Switzerland to pay nearly $100 million in fines for alleged anti-competitive […]
Authorities reopened the important chemical and cargo gateway after a three-hour shutdown on Monday.
A total of 7.9 million tons of cargo were transported by U.S.-flag Great Lakes freighters in November, which carried 79.8 million tons of cargo during the first 11 months of […]
The U.S. Gulf Coast port is advancing a trade initiative with Honduras following its participation in Enterprise Florida’s export sales mission to Tegucigalpa, Honduras earlier this month.
The Swiss-based logistics services provider will offer a new rail connection for containers between Rotterdam, Netherlands and Frankfurt, Germany.
The logistics management services provider opened its 11th office in the United States in San Antonio, Texas.
J.B. Hunt Transport Services has named a new CIO, while Smartrac appoints VP of systems and solutions.
A proposed requirement for U.S. construction, registration and crewing could create jobs, but would also make exporting liquid natural gas from the United States more expensive, according to a recent […]
The omission of the shipping industry from the text of the climate change agreement will not diminish the International Maritime Organization’s “strong commitment” as a regulator of greenhouse gases from […]
The economic slowdown in China, a recent drop in commodity prices, and a possible increase in U.S. interest rates has increased uncertainty about global growth in the air cargo industry, […]
A deep water general cargo and liquid bulk terminal opened at the Port of Salalah, allowing the port to handle 20 million more tons of dry cargo and six million […]
Airport cargo volumes increased 0.3 percent year-over-year in October, as major freight hubs posted mixed results.
A federal grand jury in Greenville, N.C. on Friday returned a nine-count indictment charging two ship engineers employed by Oceanfleet Shipping Ltd. with crimes related to the illegal discharging oily […]
Cargo volumes at Hong Kong International Airport fell 3.1 percent year-over-year in November to 407,000 tons.
China-owned container carriers COSCO and China Shipping say a proposed merger, which they expect to complete within one year, will bring shippers an “optimal product offering,” but it leaves the […]
The state-owned shipping companies have told the Chinese media a merger between COSCO and China Shipping will improve their competitive edge in the face of an industry-wide downturn.
Matt Rose, executive chairman of the Warren Buffet-owned railway, says he does not think the industry needs major rail mergers at this point, but that “if there is consolidation to […]
Despite the proposed plan to bring current G6 member APL into the Ocean3 Alliance after its acquisition by CMA CGM, officials with the G6 say the ocean carrier alliance will […]
Although rates from Shanghai to Northwest Europe rose 156 percent, rates from Shanghai to the Mediterranean tumbled 25 percent compared to last week.
Cargo volumes at U.S. ports are expected to grow at a slower rate in 2016, according to a new report from Moody’s Investors Service.
The West Coast seaport posted a cargo throughput of 619,699 TEUs for November and 6.6 million TEUs for the first 11 months of 2015.
The Gulf Coast port handled over 2 million TEUs so far this year, surpassing the previous record of 1.96 million TEUs set in 2014.
Pennsylvania Gov. Tom Wolf has appointed 13 individuals from business, labor and government to serve on the Port of Philadelphia Advisory Committee.
The $50 million project administered by the United States Maritime Administration on behalf of the Department of Defense has officially reached completion.
The Gothenburg, Sweden-based rail operator SCT Transport AB will commence a new container rail shuttle between the Port of Gothenburg and Katrineholm.
Legislation to expand the scope and authority of the STB, the federal regulatory body responsible for economic oversight of the nation’s freight rail system, now goes to the president’s desk […]
Canadian Pacific shareholder and activist investor Bill Ackman of Pershing Square Capital Management said the rival railway’s resistance to CP’s takeover bid is “reasonably likely” to result in a proxy […]
The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration announced the adoption of a final rule requiring the use of ELDs across the trucking and bus industries.
Industry associations are urging environmental leaders at the COP21 climate talks in Paris to reinstate language surrounding the shipping and aviation industries to the draft agreement, saying regulations should be […]
Cargo vessels calling ports along the Great Lakes-Seaway system are scrambling to finish their pick-ups and deliveries before the St. Lawrence Seaway, which connects the Atlantic to the Great Lakes, […]
The two airlines plan to expand their partnership to include cargo cooperation on routes between the United States and Europe.
The Chengdu-Europe express railway service, which opened in April 2013, is expected to bring cars from Germany to China in the future.
U.S. Chamber of Commerce names executive director of transportation infrastructure, while Intelligrated appoints general director of China operations.
A deal that would combine China’s two largest container shipping companies could come as soon as Friday, according to multiple media reports.
Shippers attending the Informa Cargo Logistics America conference in San Diego last week expressed concerns about new container weight regulations and the need for better port productivity in the United […]
Import cargo volumes at the nation’s major retail container ports in October dipped 0.1 percent from a year ago, according to the monthly Global Port Tracker report from the National […]
Ocean carriers Yang Ming, Hanjin and Hyundai will end their jointly operated WLX/SA2 loop between Asia, the West Coast of Mexico and the West Coast of South America next week […]
Jiang Lijun, executive director and president of COSCO parent China COSCO Holdings Company Limited, will be replaced by Deputy General Manager Xu Zunwu.
New rules require that after July 1, 2016 shippers will have to provide the “verified gross mass” of containers before they are loaded on ships.
Shares in Neptune Orient Lines, parent of container carrier APL, fell 0.41 percent yesterday after trading had been temporarily suspended due to an acquisition offer from French ocean carrier CMA […]
The Chinese ocean carrier launched its Israel Adriatic Service last week between Egypt, Israel, Slovenia, Italy and Greece.
The United States signed a mutual recognition arrangement on Tuesday with the Dominican Republic that will allow for increased collaboration between the two countries in supply chain security.
The strong increase in iron ore shipments from Canadian ports was not enough to offset the sharp decrease in loadings from U.S. ports, which is where the majority of Great […]
The United States has initiated dispute settlement proceedings at the WTO by asking for consultations with China on its rules exempting certain aircraft produced in China from value-added tax.
Through this arrangement, the two organizations will work together to identify sources of transportation capacity for humanitarian relief in support of the American Logistics Aid Network’s work to assist survivors […]
XPO names new president of supply chain business, while WCA picks new CEO and the European Community Shipowners’s Associations lines up new leadership.
Harbor-Port Development Partners has partnered with China Communications Construction Company to plan, design and build a container terminal in Sydney, Nova Scotia contingent on a feasibility study of the project.
Major North American railroad stocks have fallen dramatically in the last few weeks as volumes continued to slump in November, driven primarily by a massive drop off in coal and […]
After a closure that occurred this summer, the U.S. Export-Import Bank is now back in business after Congress reauthorized its charter on Dec. 3 as part of a long-term transportation […]
Companies in the transportation and logistics sector added 6,400 jobs in November, bouncing back from a decline in October, according to the U.S. Department of Labor.
The United States Coast Guard said a TOTE Maritime barge has been diverted to the Port of Palm Beach after “up to 25” containers were lost after the vessel left […]
The Khalifa Port Container Terminal, strategically located between Abu Dhabi and Dubai, will take delivery of new equipment and increase its overall annual container handling capacity from 1.9 million TEUs […]
The U.S.-owned and operated marine solutions, transportation and logistics company added 400 new refrigerated cargo containers to its equipment fleet to accommodate Central America’s heavy northbound reefer season, which is […]
