U.S. meat exports struggle in October
The United States exported 177,191 metric tons of pork and 94,524 metric tons of beef in October, year-over-year decreases of 2.8 percent and 14.0 percent, respectively.
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The United States exported 177,191 metric tons of pork and 94,524 metric tons of beef in October, year-over-year decreases of 2.8 percent and 14.0 percent, respectively.
Limestone shipments on the Great Lakes totaled 3 million tons in November, a nearly 11 percent increase from November 2014.
The airline group added 26 new stations in Europe via its Vueling network, intended to open export business to companies in Europe’s smaller, provincial airports in addition to larger European […]
The Commerce Department reported Friday that U.S. exports of goods and services fell in October to $184.1 billion from $186.8 billion in September.
The French ocean carrier terminated its MEDGULF loop between the Mediterranean, Caribbean and the East Coast of North America, and commenced its Med Gulf Ecuador loop, which has a similar […]
The containership ran aground off Sangiang Island in Indonesia’s Sundra Strait on Friday while en route from Adelaide, Australia to Jakarta, Indonesia.
The forwarder is currently testing Postbus Courier, a new service for urgent parcel deliveries, between Berlin and Hamburg, Germany.
The Hamburg, Germany-based carrier opened two new offices in Rio de Janeiro, Brazil and Dubai, United Arab Emirates.
Ocean carriers CMA CGM, Hapag-Lloyd, MOL and OOCL issued general rate increases.
The deal would merge the world’s third largest and 12th largest container carriers, creating a combined company with 563 ships with capacity of about 2.4 million TEUs and annual revenues […]
The deal would merge the world’s third largest and 12th largest container carriers, creating a combined company with 563 ships with capacity of about 2.4 million TEUs and annual revenues […]
Norfolk Southern said in a statement it is better off sticking with its existing strategy, adding that it thinks a merger of that size would have faced slim odds of […]
Following the National Labor Relations Board ruling, ICTSI Oregon, operator of Portland’s sole container terminal, is calling on the International Longshore and Warehouse Union to get the facility back to […]
Although rates from Shanghai to the Mediterranean rose 24.6 percent since last week, rates from Shanghai to Northwest Europe sank 50.4 percent.
The Organization of the Petroleum Exporting Countries met in Vienna, Austria Friday to discuss policy, and the group appeared unlikely to cut oil output levels, which could exacerbate global oversupply.
ZIM will join the CKYHE Alliance’s AWE1 and AWE8 services, while Hanjin will join the Israeli ocean carrier’s Z7S service later this month.
Net orders for North American Class 8 trucks tumbled 59 percent year-over-year in November, according to preliminary data from freight forecaster FTR Transportation Intelligence.
The shipping company commenced its CTX5 service last week between Hong Kong, China and Southeast Asia.
Trucking carrier Old Dominion Freight Line, Inc. reported less-than-truckload tons per day grew 4.4 percent and 3.1 percent year-over-year in October and November despite indications U.S. shipping would slow in […]
China State Shipbuilding Corporation plans to build a 38,800-dwt bulk carrier in 2016 that will be “based on big data” and feature up-to-date information technology including real-time data transmission and […]
The Russian port operator and stevedoring company posted net profits of $156.5 million on consolidated revenues of $654.7 million for the first nine months of 2015.
3GTMS has appointed a new chief operating officer, while CEVA Logistics names contract logistics manager for Iberia region.
The five-year surface transportation reauthorization includes many elements favored by freight advocates, but some are disappointed that customs fees are being diverted to help pay for the bill.
Port executives at the Informa Cargo Logistics America conference in San Diego on Tuesday all said they expected an increase in the size of containerships calling at their ports in […]
The proposal includes funding for a Port Commerce master plan and critical maintenance, repairs and upgrades to existing transportation facilities at area airports, seaports, tunnels, bridges and terminals.
The higher than expected decline in domestic coal movements during the fourth quarter of 2015 caused the railway to lower its full-year earnings per share projection.
October airfreight volumes rose 0.5 percent compared to October 2014, but were down 0.4 percent from September, according to data from the International Air Transport Association.
The port received planning consent for the first phase of its new logistics park, which will include four warehouses that will provide nearly 1 million square feet of storage.
The Bureau of Industry and Security announced the start of its new data portal, which for the first time makes public aggregate information on export licensing and data trends.
The global non-vessel operating common carrier and ocean freight consolidator launched a direct, bi-weekly less-than-container-load export service between Miami and Manaus, Brazil.
The shipping company, which operates the largest Canadian-flag fleet of dry and liquid bulk carriers on the Great Lakes and St. Lawrence Seaway, ordered several self-unloading dry-bulk freighters.
The forwarder introduced its LifeTrack mobile application, which is available for IOS and Android systems, today.
The third largest ocean carrier worldwide has entered into discussions with BNP Paribas SA, HSBC Holdings Plc and JPMorgan Chase & Co. to fund an acquisition of Neptune Orient Lines, […]
The shipper advocacy group said it supports a ship efficiency credit trading scheme such as the one proposed by the United States, rather than a global bunker fuel levy approach.
Improving weather, coupled with measures taken by the Panama Canal Authority to expedite traffic, have helped reduce queue time for vessels transiting the canal, according to the ACP.
A proposal from New York Attorney General Eric T. Schneiderman calls on the Pipeline and Hazardous Materials Safety Administration to reduce the risk of explosions from crude train derailments by […]
The online shipping portal is organizing an initiative to create industry standards for dealing with new verified gross mass regulations under the International Maritime Organization’s Safety of Life at Sea […]
The third-party logistics services provider purchased private, non-asset truckload brokerage Bear Transportation Services for $26 million.
The Russian transportation and logistics company posted net profits of $12 million on revenues of $543.5 million for the first nine months of 2015.
Transport Corp. of America, a subsidiary of TransForce, has acquired an undisclosed majority stake in Optimal Freight, a privately held non-asset based truckload freight brokerage company.
The airline group will replace its remaining Airbus A321s with wide-body Boeing 777-200s between London Heathrow and Tel Aviv.
Gemini Shippers Group names VP for the U.S. southern region, while Kerry Logistics appoints managers in its U.K. operations.
While some containers will flow to Portland, others will be loaded on trains in Boardman, Oregon for shipment through Seattle and Tacoma.
The Northern California port expects to begin work in April on a project to raise cranes so they can accommodate vessels with capacity for up to 14,000 TEUs.
The container terminal at the Port of Antwerp took delivery of five new ship-to-shore gantry cranes for its new location at the Deurganck dock on the left bank in preparations […]
Truckload transportation and logistics provider Werner Enterprises will increase annual pay for approximately 1,400 company drivers across 48 states, effective Jan. 1 2016, according to a statement from the company.
The United States imported 2.99 million net tons of steel in October, 5.4 percent higher from September, but nearly one-third lower from Oct. 2014.
Major regional economies including China, India and Japan have experienced continued weakness in export-import activities, which has hindered the air cargo market.
The online e-commerce giant plans to deploy different unmanned aircraft systems for its planned 30-minute UAS delivery service depending on the environment.
Logistics services provider time:matters has expanded its same-day cargo network by accessing more than 50 direct airline connections from Amsterdam and another 50 from Paris to major European cities.
The global supply chain services and solutions provider introduced two new multimodal hubs located in Kuala Lumpur, Malaysia and Ho Chi Minh City, Vietnam.
A first in nation pest was discovered Nov. 12 inside a container of ceramic tile from Italy at the Baltimore Seaport.
Congress has until Friday to deliver a conference report reconciling long-term federal transportation and infrastructure spending measures put forth by the House and Senate and send it to both sides […]
Net income at the Israeli ocean carrier improved vastly compared to loss of $63 million in the third quarter of 2014 despite a 12 percent year-over-year reduction in total revenues.
Rates from Shanghai to Northwest Europe and the Mediterranean skyrocketed, while rates to the United States inched up slightly from last week.
FNV Ports union, concerned about jobs being eliminated when two new automated container terminals open at the Port of Rotterdam, is planning 24-hour strikes in December and January, according to […]
The construction of a wide access channel to Port Said East, which will permit uninterrupted vessel traffic to the Suez Canal Container Terminal, officially received approval last week.
Saverco NV on Tuesday will enter the final takeover phase of the outstanding shares of Antwerp-based vessel and aircraft operator CMB.
Boston Consulting Group’s “xChange” service is already being tested by a majority of top 20 global ocean container carriers and leasing companies, according to a statement from the company.
Eight of the 19 crew members on board the Fortune Life were rescued as the ship sank in the South China Sea on Friday, and the Philippine Coast Guard continues […]
The manufacturer opened an 11,000-square-meter plant in Jiangyin, China, which will serve Asia, the Middle East and the United States West Coast.
Ocean carriers Maersk Line and CMA CGM issued general rate increases.
Port of Stockton names marketing manager and the Hong Kong Shipowners Association elects officers, while APEC reappoints secretariat executive director and Cargotec names IT VP.
This time last year anyone involved in America’s container trades was struggling to efficiently move an influx of inbound traffic out the marine terminals and into the country’s commerce. […]
The loss of the cargo ship El Faro and its crew of 33 in Hurricane Joaquin on Oct. 1 is the biggest tragedy for the U.S.-flag merchant marine in […]
Speaking this September during the A.P. Moller-Maersk Group’s Capital Markets Day, Kim Fejfer, chief executive officer of APM Terminals, said his division was “in a strong position in a […]
It’s no secret, containerships are getting bigger. Unfortunately, port and inland transportation infrastructure in the U.S. simply hasn’t kept pace with the progressively larger vessels. One of the […]
APL is concentrating six U.S.-flag ships into a single transpacific string, called the Eagle Express (EX1), which will focus on trying to attract commercial shippers needing rapid transits eastbound. […]
State’s wine exporters find success, despite an intensively competitive market.
We usually try to emphasize trends in supply chain IT in this space, but sometimes it’s fun to just make outright educated guesses. 2015 was a year in […]
2015 has been a big year for mergers and acquisitions in the transportation and logistics industry, and roll-up powerhouse XPO Logistics is by no means the only well-known company […]
The U.S. Gulf port also expects to benefit from continuing population migration to Texas and the expansion of Panama Canal, which is scheduled to be completed in April 2016.
Meanwhile, a Federal Aviation Administration task force released its recommendations regarding a registration program for unmanned aircraft systems that will affect the use of drones in both commercial and recreational […]
Box volumes at the largest U.S. East Coast port were up 11 percent year-over-year in October, driven primarily by a 9.8 percent spike in loaded import containers.
Descartes Systems Group said Wednesday it has acquired Oz Development, a provider of application integration solutions that help small-to-midsized businesses automate their logistics and supply chain processes.
The Danish ocean carrier increased average vessel capacity on its AC2 loop, which operates between Asia and the western coasts of Mexico, Panama and Colombia, by 13 percent.
The Crown Emma ran aground on the western bank of the Bosphorus Strait near Kirecburnu, Turkey and nearly collided with a gas station on shore, according to reports from Splash […]
The Singapore-based ocean carrier joined MOL’s GPX loop this week to offer capacity from Balboa, Panama to Callao, Peru.
The Netherlands-based third-party logistics provider opened a 33,000-square-foot distribution center yesterday 16 miles from Kuala Lumpur that is designed to provide ambient and temperature-controlled storage.
United States gross domestic product (GDP) grew 2.1 percent in the third quarter, according to the Commerce Department’s second estimate, but truck tonnage remains relatively flat amid weak industrial and […]
Industry groups said they are willing to work with the port to speed cargo through POLB, but expressed concern about how the plan might affect shippers, who want to pick […]
Port of Miami Terminal Operating Company, the only non-carrier affiliated terminal, saw its volumes double to 22,225 TEUs, the largest percentage gain among the three container terminals at the South […]
Maffei, a former U.S. Representative for New York, will take the place of current Commissioner Richard A. Lidinsky, Jr., according to a statement from the White House.
The Hong Kong-based ocean carrier will launch its standalone KTX8 loop, which connects Japan, China and Taiwan with Thailand and Vietnam, next week.
The Icelandic liner carrier posted net earnings of 8.5 million euros on operating revenues of 129.7 million euros for the third quarter of 2015, year-over-year increases of 12.7 percent and […]
The second phase of the Aqaba Logistics Village, which includes 13,000 square meters of warehousing and 40,000 square meters of open yard space, opened Nov. 12.
The airline group recently commenced its new Cargo Connector delivery service, which takes freight directly from the aircraft and delivers it to the forwarder’s handling facilities, for the first time […]
The company, part of cargo handling solutions provider Cargotec, has been contracted by South Korean ship builder Hyundai Heavy Industries to deliver comprehensive roll-on/roll-off access equipment packages for two post-Panamax […]
CSX has named its vice president of strategy, while European forwarder association CLECAT appoints new president.
One of the common themes in presentations from railroad industry executives and experts at the RailTrends 2015 conference in New York City was the shift in customer expectations from that […]
The Transpacific Stabilization Agreement’s 15 members plan a $1,200-per-FEU rate hike on Asia-U.S. West Coast trade Jan. 1 and want a minimum rate of $1,700 per FEU to the U.S. […]
The U.S. Maritime Administration notified the Mississippi State Port Authority that the Port of Gulfport has been designated as a “strategic seaport” by the Military Surface Deployment and Distribution Command.
Stock in Neptune Orient Lines, parent of liner company APL, have risen nearly 22 percent since the beginning of the month as the company entered acquisition talks with CMA CGM.
CMA GM, Hapag-Lloyd and ANL will change the rotation of their joint NEWMO/EAX service, which currently operates between North Europe, the Mediterranean, Oceania, Asia and the Indian Subcontinent, in December.
The Office of Management and Budget approved of $1.35 million in funding for the U.S. Army Corps of Engineers to conduct a cost-benefit study for a new lock in Sault […]
The online retail giant will open two new fulfillment centers outside of Columbus, Ohio, the company’s first in the state.
The port recently began importing avocados from Mission Produce farms in northwestern Peru, according to a statement from the Georgia Ports Authority.
The non-vessel operating common carrier will launch a less-than-container-load import service between Taiwan and New York.
Ocean carriers Maersk Line and Wan Hai issued general rate increases.
Intelligrated picks senior director for commercial operations and Jettainer names new sales director.