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The ocean carrier broke ground on a construction project at its Isla Grande Terminal in San Juan, Puerto Rico, which includes the development of a new pier and all associated […]
Viking Supply Ships AB’s fully-owned subsidiary, TransAtlantic AB, will sell its container operations to X-Press Feeders and its ship management operations to AtoB@C.
The U.S. Department of Agriculture’s Foreign Agricultural Service has awarded fiscal year 2016 funding to more than 60 U.S. agricultural organizations to help expand commercial export markets for their members’ […]
The International Trade Commission on Tuesday started an investigation to assess the likely impact of the Trans-Pacific Partnership Agreement on the U.S. economy.
The parcel giant anticipates using the net proceeds from the offering for general corporate purposes, including the repayment of commercial paper, according to a statement from the company.
The Dow Jones Transportation Average closed at $8,058.30 on Tuesday, after falling 4.4 percent over the course of last week.
Cargo volumes at Hong Kong International Airport rose 2 percent year-over-year in October to 392,000 tons.
Under strategic plan, the Mobile, Ala.-based company will focus on Jones Act shipping, pure car-truck carriers, and its rail ferry between the United States and Mexico.
KN FreightNet, which allows users to quickly obtain quotes and place bookings, became available to Kuehne + Nagel’s Seafreight less-than-container-load segment.
The third-party logistics provider won a three-year contract to provide BMI Healthcare with distribution and warehousing services throughout the United Kingdom.
The less-than-truckload carrier opened a new service center in Grayling, Mich. yesterday to replace its smaller service center in Kalkaska, Mich.
The Slovenian port ordered the cranes as part of an investment to reach an annual throughput of 1.3 million TEUs at its container terminal by 2020.
The Canadian port and City of Port Moody formed a partnership to establish an anchorage area to resolve issues related to abandoned and illegally anchored vessels in Port Moody Inlet.
Port Freeport’s CEO will retire, while National Interstate appoints a new president.
NTSB says the Navy was unable to locate ship’s mast and its base where voyage data recorder was mounted.
Congress has until the end of the week to reconcile respective long-term federal transportation and infrastructure spending bills from the House and Senate and prevent a shutdown of highway funding.
A permit application to Army Corps of Engineers for a new terminal, which would be located in S.C. just down river from the Port of Savannah, and channel modification study […]
Ahmad Feras Diri of London was arraigned Friday in the United States on charges that he allegedly conspired to illegally export U.S. chemical laboratory equipment to Syria.
French ocean carrier CMA CGM and its subsidiary lines Cheng Lie Navigation, ANL and Delmas will join Hanjin’s KPI service, which operates between Korea, China, Singapore and Indonesia.
The German port handled 104.6 million tons of cargo during the first nine month of 2015, a 4.8 percent decrease from the corresponding period in 2014.
The Columbia Group of Companies is opening a new intermodal chassis depot in Bayonne, N.J. today, with Trac Intermodal slated be the facility’s first customer.
The German airport handled 88,336 tons of freight in October, a 10.1 percent increase from Oct. 2014.
Nearly half of the 250 bridges observed showed signs of “significant stress and decay,” according to a new investigative report from environmental advocacy groups Waterkeeper Alliance and ForestEthics.
New York Governor Andrew Cuomo expressed concerns a project to build a liquid natural gas terminal 19 miles off Long Island could potentially become a target for terrorism, create problems […]
Price indexes for both imports to and exports from the United States have now fallen in 10 of the past 12 months, according to the most recent data from the […]
Port Everglades retained its spot as the top container port in Florida, but PortMiami has closed the gap with a 15 percent jump in volumes to 1 million TEUs during […]
Rates from Shanghai to Northwest Europe, the Mediterranean and the United States have declined for the past two consecutive weeks.
A DSD Shipping company memo warned employees “could get caught for polluting” if an oily-water separator on the vessel Stavanger Blossom was not fixed, and now three seamen face the […]
French ocean carrier CMA CGM and its subsidiary line Delmas will begin purchasing slots on the transpacific CEN loop, on which COSCO and CSCL provide vessels.
Uruguay is the only foreign country to receive the United State Department of Agriculture’s “Never Ever 3” certification, which requires an open range production system, without the use of antibiotics, […]
The Northern California port and industrial and logistics real estate developer CenterPoint Properties have begun discussing plans to develop transload and cross-dock facilities on a 20 acre site adjacent to […]
The new Country Commercial Guides are prepared by trade and economic specialists at U.S. embassies and consulates to highlight market conditions in each country, according to a statement from the […]
The logistics provider and container terminal operator posted revenues of 868.9 million euros for the first nine months of 2015, a 4.2 percent decline from the corresponding period in 2014.
C.H. Robinson has named new North American Surface Transportation division president, while Crowley has appointed VP for stakeholders relations in Alaska.
The Port of New Orleans handled 537,285 TEUs in the past year through September 2015, surpassing the half million-TEU mark for the first time in any 12-month period, CEO Gary […]
The crowdsourced last-mile delivery specialist Deliv has purchased New York City-based Zipments, its second such acquisition, according to a statement from the company.
Shipment volumes and expenditures both slowed from the previous month and the same 2014 period, according to the latest Cass Freight Index Report.
Nearly a dozen global terminal operators formally expressed interest in bidding on the construction and long-term concession of the new Port of Corozal, according to a statement from the Panama […]
MCI’s new factory is the first facility for making refrigerated containers outside of China.
A Temando survey conducted by Research Now revealed that 76 percent of all retailers are not well prepared to handle shipping delays and uncertainty during the holiday season.
Cargo thefts in the United States were up 7 percent in value despite falling 18 percent by volume in the third quarter of 2015 compared with the second quarter, according […]
Cargo throughput at Heathrow has remained relatively unchanged, but the value of UK exports via Heathrow has increased 9.7 percent over a 12-month period.
The Swiss-based third-party logistics provider’s aerospace hub in Dubai Logistics City secured new contracts with Gulfstream Aerospace Corporation and Avtrade.
The third-party logistics provider’s new license allows the company to operate as a full fledged forwarder after operating in China for several years on a limited basis as an NVOCC.
Deutsche Post DHL Group reported consolidated net profits of 49 million euros for the third quarter of 2015, an 89.5 percent year-over-year decline, which primarily resulted from a decline in […]
Leaders from the BlueGreen Alliance and its allies discussed four ways in which the Trans-Pacific Partnership falls short at a press teleconference yesterday.
The Port of Long Beach set a record for container volumes in October, while the Port of Oakland reported declining overall volumes, but both ports reported a surprising lack of […]
Combined with the sweeping Trans-Pacific Partnership free trade agreement signed last month, the Chinese policy could help “ignite new trade,” according to Federal Maritime Commissioner Richard A. Lidinsky.
Orbis Investment Management has increased its stake in the acquisition-heavy third-party logistics provider from less than 4 percent to over 12 percent, according to a filing with the U.S. Securities […]
General Electric and France’s Alstom have been awarded contracts of $2.6 billion and $3 billion, respectively, to help India modernize its outdated state-owned railroad network.
Chief Financial Officer Frank Lonegro reiterated the railway’s 2015 financial projections and outlined expectations for key markets in 2016 at the Baird Industrial Conference in Chicago Tuesday.
A total of 9.7 million tons of cargo were transported by U.S.-flag Great Lakes freighters in October, which represents a 13.7 percent decline from October 2014.
The Doha, Qatar-based cargo airline launched two routes this week between India and Qatar, both of which are dedicated to serving the pharmaceutical industry.
The Federal Aviation Administration has proposed a $68,000 civil penalty against City of Industry, Calif.-based Unical Aviation for allegedly violating the nation’s hazardous materials rules.
U.S. Customs and Border Protection seized over 5,000 pieces of counterfeit soccer apparel items near the Washington Dulles International Airport Nov. 2.
Centiro has named a VP for global sales, while the Ports of Indiana Commission has added a new member.
The ocean shipping industry would take a move of APL from one alliance to another in stride, according to Rolf Habben Jansen, chief executive officer of the German liner carrier.
China’s Ministry of Transport is also concerned about recent growth in shipping surcharges, according to the Federal Maritime Commissioner William P. Doyle, who recently returned from bilateral maritime talks in […]
Sensor analytics company Savi said the acquisition of 17.65 percent of its shares by SGS, a leading inspection, verification, testing and certification firm, will allow it to access new markets.
Linda Morgan, a well-known Washington transportation attorney and former U.S. Surface Transportation Board chairman, died at the age of 64 on Nov. 4 after a long battle with breast cancer.
The ocean carrier alliance announced a voyage cancellation plan for services between Asia and North Europe and the Mediterranean.
The Netherlands-based logistics provider posted a 27 percent year-over-year increase in EBITDA despite a 13.1 percent decline in revenues for the third quarter of 2015.
Wilmington, Del.-based vehicle processor AutoPort will lease 16 acres of Port Canaveral’s new auto terminal and commence operations at the Florida port in January.
The integrated logistics provider posted net profits of 13.7 million Kuwaiti Dinars on revenues of 335 million Kuwaiti Dinars for the third quarter of 2015.
A total of 15 foreign vessels called the Great Lakes port in October, which loaded a combined 260,000 metric tons of grain for direct shipment overseas.
Allianz Global Corporate & Specialty will offer rail and motor truck cargo, as well as warehouse and related property coverage throughout North America.
The four new Super Post-Panamax ship-to-shore cranes manufactured by Konecranes, which will operate at the Barbours Cut Container Terminal, will stand taller than any other marine cranes in North America.
Crowley appoints VPs to government services and global ship management, while essDOCS names new chairman.
Stock in both Canadian Pacific Railway Ltd. and Norfolk Southern Corp. shot up yesterday amid rumors the second-largest Class I railroad in Canada is mulling a potential takeover of NS.
There appears to have been some improvement in vessel waiting times, but the Panama Canal Authority announced on Sunday it will take additional steps in an attempt to to clear […]
The infrastructure arm of Brookfield Asset Management has acquired a near 15 percent share in Patrick Stevedoring parent Asciano Limited and still plans to make a majority takeover bid for […]
Raymond P. Miles, who built up the containership operations of CP Ships during the late 1990s, died Nov. 6 at the age of 71 following a brief illness.
Exports from the second largest economy in the world dropped for the fourth consecutive month, while Chinese imports continued to tumble, dropping nearly 19 percent compared to October 2014.
Allianz Group’s dedicated carrier for corporate and specialty insurance business, Allianz Global Corporate & Specialty, launched a dedicated transportation and logistics unit in North America today.
The U.S. exported 79,474 metric tons of beef in September, a 21 percent drop from September 2014, but pork export volumes rose 6 percent year-over-year to 172,012 metric tons.
The third-party logistics provider launched a new operation for the storage and distribution of dangerous goods at its site in Duisburg, Germany.
Neptune Orient Lines, parent of liner company APL, has confirmed it has entered into talks with CMA CGM and Maersk about a potential sale, while COSCO and China Shipping told […]
Chinese carriers COSCO and China Shipping told the Federal Maritime Commission they are in the beginning stages of a merger, while Bloomberg reported CMA CGM has entered into talks to […]
The Danish shipping conglomerate attributed the decline to lower freight rates at Maersk Line and lower oil prices for Maersk Oil, leading the company to downgrade its full-year profit projection […]
The Panama Canal Authority is providing scant details on delays carriers are facing transiting the waterway, attributing them to increased vessel traffic and fog.
Since last week, rates from Shanghai to Northwest Europe and the Mediterranean fell 31.8 percent and 19.7 percent, respectively.
The international trade deficit, a negative balance in which the overall value of a country’s imports exceed that of its exports, declined from $48.0 billion in August to $40.8 billion […]
The international freight forwarding and logistics company reached an agreement with Dutch Flower Group Wednesday to acquire a majority stake in its airfreight forwarder Airflo.
The South Korean ocean carrier reported operating profits in its container division fell over 73 percent year-over-year in the third quarter of 2015 despite volume growth of nearly 4 percent […]
Year-over-year cargo volumes continued to rebound after a relatively flat August, but volumes are still down 1.2 percent down from their peak at the end of 2014, according to the […]
The Malaysian ship owner posted operating profits of 618 million Malaysian ringgit on revenues of 2.5 billion Malaysian ringgit for the third quarter, which ended Sept. 30. 2015.
The ocean carrier began offering slots on the joint CNC, COSCO and Yang Ming CTS loop, which operates between Korea, China, Southeast Asia and Hong Kong, on Nov. 3.
Iron ore shipments on the Great Lakes totaled 5.3 million tons in October, while limestone shipments reached 3.4 million tons, year-over-year decreases of 23 percent and 8 percent, respectively.
K Line Shipping and Logistics is a joint venture between Japan’s “K” Line and the Dubai-based Sharaf Group.
The Dubai-based ocean carrier launched a new mobile application that features round-the-clock shipment tracking, schedule search options and enhanced track and trace functionality.
An AS Daily news report, “Spot container rates skyrocket from Asia to Europe,” last Friday should have stated that since Oct. 23, rates from Shanghai to the Mediterranean rose […]
The multi-year measure would support infrastructure investment, including a first-time dedicated funding source for freight-related projects, but is only partially funded so far.
Drayage drivers for XPO Logistics, Intermodal Bridge Transport (IBT) and Gold Point in Los Angeles and Long Beach, and Cal Cartage warehouse workers have ended their strike, but protests at […]
The new multipurpose terminal in Qingdao’s Dongjiakou Port, which will primarily handle grain and other general cargo, represents the global marine terminal operator’s first foray into a non-container handling facility […]
Toy consumers will now be able to choose between wooden blocks and LEGOS when building model containerships this year.
The vessel order is part of a larger deal that involves an additional six firm orders and options for ten more ships capable of carrying both breakbulk and containerized cargoes.
Ocean carrier Matson’s third quarter results benefited from Horizon Line’s exit from the Alaska and Hawaii trades, according to the company’s most recent financial statements.
Net orders for Class 8 trucks were up 30 percent from September, but still failed to meet analyst expectations, according to preliminary data from freight forecaster FTR Transportation Intelligence.
The new Kenworth T680 trucks have features to make them safer, more comfortable, and more efficient, earning them the U.S. Environmental Protection Agency’s SmartWay designation.
The container terminal operator posted a net income attributable to equity shareholders of $35.8 million and revenues of $239.9 million for the third quarter of 2015.
