News

The Navy will now use side scan sonar in attempt to locate the wreck in a search area near Crooked Island, Bahamas, the National Transportation Safety Board said Tuesday.

APL Ltd. has agreed to pay the United States government $9.8 million to resolve allegations it violated the False Claims Act in regard to a contract to provide GPS tracking […]

New orders for manufactured durable goods fell 1.2 percent to $231.1 billion in September following a revised decrease of 3 percent in August, according to the latest figures from the […]

The Senate Commerce Committee on Tuesday approved Sarah Feinberg to be administrator of the Federal Railroad Administration by a 19-1 vote in an off-the-floor markup.

The company’s trucking business benefited in the third quarter from its Jan. 1 acquisition of Freightquote.com, according to C.H. Robinson’s most recent financial statements.

The Dubai-based port terminal operator said growth in the first nine months of 2015 was driven primarily by terminal facilities Europe and the United Arab Emirates.

The North Liberty, Iowa-based trucking company posted net income of $15.1 million on revenues of $182.5 million for the third quarter of 2015.

Total throughput at the port reached 24.4 million gross tons for the first nine months of 2015, a year-over-year increase of 5.8 percent the harbor deepening project would help to […]

Data from Globe Tracker-enabled intermodal assets will feed into TransVoyant’s predictive analytics platform to improve supply chain efficiency and visibility, mitigate risk, and give users the ability to better respond […]

The 443 total cargo thefts reported in the region during the quarter were almost double the number recorded in the same period in 2014, according to the FreightWatch International Q3 […]

U.S. Customs and Border Protection officers at the Calexico East commercial facility found the illegal drugs, worth an estimated $726,000, hidden in a shipment of scrap metal.

Preliminary figures from the Association of Asia Pacific Airlines revealed member airlines moved 5.3 million freight ton kilometers of cargo in September on international scheduled services.

A first-in-nation pest and four different pests new to the Delaware Valley were intercepted at the Port of Philadelphia, while another new pest was found at Port Everglades.

NYK Line (Vietnam) Co. Ltd. became a wholly owned subsidiary of NYK as of Sept. 28, 2015.

The global ocean transport operator opened a new office in Dubai, United Arab Emirates, which will provide local customers with tramp and project cargo shipping solutions.

West Calcasieu Port re-elects board president for another term, while Broekman Logistics appoints managing director of its breakbulk terminal operations.

The legislation, which would extend federal highway and infrastructure spending until Nov. 20, now goes to the Senate for approval in advance of the Oct. 29 expiration of current funding.

Teamster President James P. Hoffa is scheduled to participate in a press conference at 10 a.m. Pacific Time and plans to walk the picket line with drivers at the ITS […]

The parcel and logistics giant expects its $1.8 billion acquisition of asset-light truckload brokerage and third-party logistics provider Coyote Logistics, completed during third quarter 2015, to create more than $100 […]

The German ocean carrier is expected to price shares at the bottom of its initial range of 23 euros to 29 euros per share, according to multiple media reports.

The Justice Department on Monday said Alexander Posobilov, Shavkat Abdullaev and Anastasia Diatlova were convicted of illegally exporting controlled microelectronics to Russia.

The asset-light transportation and logistics service provider anticipates third quarter 2015 revenues will be between $490 million and $500 million, down from previous projections of $530 million to $555 million.

A delegation from the port met in Tehran, Iran with various ministries, petrochemical organizations and private companies to discuss Iran’s ambitions in shipping and commerce and the role the Port […]

United Arab Shipping Co. has appointed Stuart Sandlin, formerly a vice president of sales at Hapag-Lloyd America, as president of its North American organization.

The Israeli ocean carrier is adding a call to Limassol, Cyprus to its ADX service, which currently operates between Israel, Slovenia, Italy and Albania.

Iron ore shipments on the Great Lakes totaled 5.6 million tons in September, a year-over-year drop of 20.6 percent.

The third-party logistics provider reached an agreement with major cosmetics retailer Sephora to manage the inbound, warehousing, outbound and reverse logistics processes to its stores throughout Brazil.

Sparrows Point Terminal names VP of development and Kerry Logistics picks Europe managing director, while Troy Container Line appoints team leadership and The Nautical Institute taps COO.

The German ocean carrier, which is in midst of an initial public offering on the Frankfurt stock exchange, reiterated its revenue and earnings projections after competitor Maersk Line trimmed profit […]

The Netherlands-based parcel carrier has made “substantial progress” toward clearing European regulatory hurdles related to its acquisition by FedEx Corp., according to CEO Tex Gunning.

The express carrier is preparing to move upwards of 317 million shipments between Black Friday, Nov. 27, and Christmas Eve, a 12.4 percent year-over-year increase in seasonal volumes.

The ports of Manzanillo and Lazaro Cardenas reopened over the weekend after being struck by what was at one point reported to be the strongest hurricane ever measured in the […]

Middle market buyout and growth equity investor Ridgemont Equity Partners will acquire and recapitalize the third-party logistics provider, according to a joint statement from the companies.

India has made “significant changes” to some of its trade and investment policies since Prime Minister Narendra Modi assumed office in May 2014, according to the U.S. International Trade Commission.

The Greenbrier Cos. names chief strategic officer, while Coastal Cargo Co. appoints head of Houston operation.

The International Brotherhood of Teamsters has promised to support the Independent Pilots Association’s decision and stand with UPS pilots in the strike.

Federal Maritime Commission Chairman Mario Cordero sees the public comment and investigation period as an opportunity to create efficiencies and reduce costs within the ocean liner industry.

The South Atlantic port reported its seventh consecutive month of record container cargo volumes in September, according to the latest figures from the Georgia Ports Authority.

The French ocean carrier adjusted the frequency of its EURAF5 loop between North Europe, the Mediterranean and West Africa from weekly to fortnightly.

Meanwhile, the Navy tug bringing equipment to locate the wreck of the cargo ship at the bottom of the Atlantic ocean will take longer than expected to arrive at El […]

Terminal company GCT USA will complete the final design and build the new ExpressRail Port Jersey facility in Greenville Yard.

The roll-on/roll-off cargo specialist offers liner service to and from the Mediterranean, Africa and the Americas via Grimaldi’s network, which includes Atlantic Container Lines.

Potential tenants have indicated that a long-term lease commitment at Terminal 5 would require the ability to handle more than 1 million TEUs, according to the Northwest Seaport Alliance of […]

The industrial and logistics real estate specialist saw net earnings grow over 90 percent and revenues up nearly 40 percent, respectively, compared to the third quarter of 2014, according to […]

An Italian pipe fitting manufacturer and an Illinois-based industrial component manufacturer respectively plan to open warehousing and production facilities in the state.

The third-party logistics provider opened an office in Santo Domingo, Dominican Republic.

A federal law inhibiting truck drivers from crossing state lines until they turn 21 is “illogical” and is making it more difficult for carriers to attract young drivers, according to […]

The dredging project would allow the Port of Charleston, S.C. to handle cargo ships with a draft of up to 48 feet with no tidal restrictions, according to the port.

Net earnings at Canadian Pacific Railway Limited dropped 19 percent year-over-year to $246.35 million thanks primarily to currency exchange losses on long-term debt, according to the company’s most recent financial […]

The Omaha, Neb.-based railway posted a net income of $1.3 billion on revenues of $5.6 billion for the third quarter of 2015.

The non-vessel operating common carrier and ocean freight consolidator commenced 11 direct less-than-container-load import services between China and the United States in late Aug. 2015.

The Moscow, Russia-based cargo airline transported 42,480 tons of freight across its network in September, an increase of 28 percent from Sept. 2014.

The Port of Cleveland said the new cranes, model LHM 280s, on order are currently being built in Sunderland, England, and will be in service next shipping season.

Situated along Turkey’s Aegean coast, the deep-water container terminal is preparing to receive its first vessel call in March 2016.

The Federal Maritime Commission will also seek comment on revising service contract regulations.

The agreement provides increases to hourly pay rates, signing bonuses, changes to health-care and retirement plans, as well as “other positive modifications,” according to the Air Line Pilots Association, Int’l.

According to the indictment, three FedEx employees allegedly rerouted wireless devices to two co-conspirators in a shipping theft scheme that defrauded FedEx of more than $1.7 million, the Department of […]

Ocean carriers MSC and Maersk Line will downscale their transatlantic network for the winter season with the suspension of their jointly operated NEUATL4/TA4 between North Europe and the United States […]

Danish freight forwarder and logistics provider Leman agreed to the acquisition of all shares in Dalpa International Ltd yesterday.

The worldwide fleet grew at its slowest annual rate in over a decade in 2014, according to an annual study performed by the United Nations Conference on Trade and Development […]

The trucking and logistics company posted $32.1 million in net income on revenues of $534.4 million in the third quarter of 2015.

The seasonally adjusted For-Hire Truck Tonnage Index for September 2015 equaled 135.1, a year-over-year increase of 3.1 percent, according to the American Trucking Associations.

Saverco NV will attempt to buy the majority of remaining outstanding shares and privatize longtime Belgian vessel and cargo aircraft operator CMB.

The Danish ocean carrier added 12,900 PrimeLINE container refrigeration units to its fleet, the largest order ever placed for the units, according to Carrier Transicold.

The United Kingdom port will officially open its new food examination facilities Oct. 29.

The National Transportation Safety Board issued an update on its ongoing investigation into the sinking of the TOTE Maritime Puerto Rico cargo vessel.

The airline has appointed Senior Vice President and General Counsel Brett Hart acting chief executive officer while current CEO Oscar Munoz is on medical leave recovering from the heart attack […]

The network will allow the Northwest Seaport Alliance of Seattle and Tacoma to better compete with other U.S. West Coast ports, Port of Seattle Commission Co-President Courtney Gregoire said in […]

Canadian National Railway and Canadian Pacific Railway are cutting rates by as much as 25 percent in an effort to entice shippers as crude oil prices continue to plummet, according […]

Container carriers are getting better at keeping to their posted schedules, according to the London-based consulting firm, as reliability hit a peak of 79.9 percent in September, but Drewry still […]

The Port Authority of New York and New Jersey will use a $2 million federal Congestion Mitigation and Air Quality Improvement grant to help truckers cover up to 50 percent […]

The freight forwarding and logistics company reported consolidated profits of 24 million Swiss francs on revenues of 1.5 billion Swiss francs in the third quarter.

The Florida Gulf Coast port handed 25,778 TEUs for the fiscal year ended Sept. 30, an increase of 83 percent from the preceding 12-month period.

The terminal operator concluded a contract for the delivery of six electric powered ship-to-shore cranes and 29 electric-powered rubber tire gantry cranes for its deep water terminal currently under construction […]

The French Mediterranean port handled 60.9 million tons of cargo during the first nine months of 2015, a year-over-year increase of 4 percent.

U.S.-flag vessels on the Great Lakes carried 9.8 million tons of cargo in September, a year-over-year drop of 8 percent.

USCIB names new director of customs and trade facilitation, while Coastal Cargo Group picks general manager for New Orleans office.

Meanwhile, a Navy tugboat is en route to the last known location of the ill-fated cargo vessel near Crooked Island, Bahamas carrying equipment to search for the sunken remains of […]

The ocean carriers’ decision to withdraw the joint Great Sea/AE3 service is due to low demand out of Asia; service to Black Sea will be maintained through transhipment.

The airline said Friday CEO Oscar Munoz had been admitted to the hospital, but did not provide any additional details.

The National Shipping Company of Saudi Arabia, Bahri, posted net profits of 510.3 million riyals for the quarter ending Sept. 30 and 1.25 billion riyals for the first nine months […]

The U.S. 1st Circuit Court of Appeals has upheld a five-year sentence for Frank Peake, the former president of Sea Star Line, which recently rebranded as TOTE Maritime.

Truckload pricing grew 3.2 percent for the month compared to September 2014, the seventh consecutive monthly increase, according the latest Cass Truckload Linehaul Index.

Cargo throughput at Hong Kong International Airport rose 1.1 percent year-over-year in September to 368,000 tons after six straight months of year-over-year declines.

Year-over-year rates dropped 2.3 percent in September, the ninth consecutive month of declining prices, according to the latest Cass Intermodal Price Index.

Volga-Dnepr Group has signed a finance lease agreement with JSC Sberbank Leasing to acquire two AN-124-100 Ruslan freighters.

The former Odin Seafood dock on the Prince Rupert waterfront is scheduled to be completely demolished by mid-December.

Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd, Evergreen Line, OOCL and Hamburg Sud issued general rate increases.

Spend Management Experts appoints senior marketing analyst, while Bibby Ship Management names deputy managing director for India.

   For the second year in a row officials from PortMiami and Port Everglades participated in the TPM Asia Conference in Asia, Oct. 13-15, as business partners rather than competitors. […]

   To many readers, American Shipper is like that classic piece of furniture found inside your office or home.    The publication for many years has had a finish that […]

   An explosion and fire on the containership MSC Flaminia in the middle of the Atlantic Ocean on July 14, 2012, resulted in the deaths of three crewmen and injuries […]

   Kevin Lynskey, the deputy director at PortMiami, learned a hard lesson about trying to be funny in the wrong setting and being too honest at the recent Intermodal Association […]

   After completing the long-awaited Trans-Pacific Partnership agreement, the Obama administration now faces its next challenge—promoting the trade pact to the Congress and voters, especially with a presidential election year […]

   The U.N. Climate Change Conference (COP 21) gets underway on Nov. 30 and it will be interesting to see if it comes forward with any recommendations for shipping.   […]

   Overcapacity is certainly nothing new in the container-shipping industry. Ocean liners have long struggled to maintain the appropriate number of available container slots for sale in any given trade, […]

   Even in tech-happy San Francisco the annual “Dreamforce” conference that the software company Salesforce puts on is a big to-do. This year more than 150,000 people were expected to […]

   I recently visited PortMiami for the dedication of its 50-foot harbor, which will allow larger vessels to reach the docks fully laden with containers. The port authority expects these […]

Western Canada container port gains newfound momentum from electronic appointment system.

Investigators begin probe into the sinking of El Faro off coast of the Bahamas.