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Higher rates to the United States drove the increase in the overall spot rate reading, despite rates to Northwest Europe and the Mediterranean continuing to fall.
The national mail carrier of Singapore is making good on its promise to become a global logistics provider, agreeing to acquire a 96.3 percent share in TradeGlobal Holdings, Inc. for […]
The rate and surcharge changes are intended “to address the impact of increased costs, changing demand for select UPS products and other market factors,” the parcel and logistics company said […]
The terminal operator will purchase the remaining 39 percent of the issued shares of port terminal manager Grup Maritim TCB, making it the sole controlling shareholder of the company.
Over one quarter of respondents said data analysis is reducing operating costs by $4,000 annually per truck, according to a survey of transportation managers and executives from Fleet Advantage.
Ocean carrier ANL will terminate its current KIX service between Southeast Asia, Australia and New Zealand that it jointly operates with CMA CGM and Hanjin in November.
The short-sea carrier will launch its seasonal Black Sea reefer service between Mediterranean ports and Novorossiysk, Russia, situated along the Black Sea.
The non-vessel-operating common carrier opened a branch in Cebu, Philippines and Izmir, Turkey.
Attorney Willie E. Gary, who will represent the family of one of the former crew members of the ill-fated cargo vessel, claims the ship was unseaworthy and that “somebody has […]
The German-Chilean ocean carrier has set a price range of of 23 euros to 29 euros per share and expects gross proceeds of $300 million from its initial public offering […]
The railway will also run longer trains in an attempt to control costs as weak volumes are expected to continue falling going into the fourth quarter.
Imports to the second largest economy in the world dropped 17.7 percent in September compared to the same month a year ago and have now fallen for 11 consecutive months.
The ocean carrier, which expects to purchase SeaFreight “on or about October 31,” asked the Federal Maritime Commission for an exemption to regulatory rules that would simplify the transfer of […]
SMC³, a less-than-truckload pricing and transit technology provider, will add truckload and LTL cost modeling provider Transportation Costing Group to its portfolio.
The Port of Rotterdam posted a cargo throughput of 351.5 million tons for the first nine months of 2015, a year-over-year increase of 5.4 percent, driven primarily by the increase […]
Total operating revenues dipped slightly at the trucking and logistics provider as fuel surcharge revenues fell and customer demand remained “tepid,” according to J.B. Hunt’s most recent financial statements.
A total of 22 million metric tons of cargo have been shipped through the St. Lawrence Seaway between its opening April 2 and Sept. 30, a year-over-year drop of 12 […]
The port handled less cargo in September than in August, the result of the depletion of stocks for some agricultural commodities that are typically shipped through the port, lower demand […]
Industrial real estate developer Hillwood Properties started a multi-year project to extend two runways and taxiway at the north end of the Fort Worth Alliance Airport in northeast Texas.
The Chattanooga, Tenn.-based logistics solutions provider opened a 300,000-square-foot distribution center in Kalamazoo, Mich.
The international freight forwarding and supply chain management solutions provider opened a freight forwarding branch in Munich, which became fully operational today, and will open a branch in Nuremberg, which […]
The Suddath Cos.’s CFO retires, while Mersey Maritime names new CEO.
The former NOL chief told the TPM Asia conference he expects transpacific rates to continue to drop in 2016. and carriers need to cooperate on landside operations to overcome structural […]
The acquisition of Docdata’s order fulfillment, returns logistics and online payment services will complement Ingram Micro’s existing business.
Containers without a verified weight will not be loaded onto container vessels from July 1, 2016, according to the U.K. Freight Transport Association.
Wilhelmsen Ships Service warned shippers and carriers that counterfeit products for reefer containers could contain a “dangerously unstable cocktail of gases.”
The railway reiterated its full-year earnings per share guidance despite expectations that coal volumes could drop as much as 10 percent in 2015, leading to a $450 million impact on […]
Shipment volumes and expenditures both increased from the previous month as shippers prepared for the upcoming holiday season, but still lagged behind 2014 figures, according to the latest Cass Freight […]
Annualized turnover rates at large truckload fleets grew, while turnover at smaller fleets fell to its lowest level since the third quarter of 2013, according to the most recent figures […]
Grains and oilseeds will be loaded on vessels for transport to G3 facilities on the St. Lawrence River and then to around the world.
The VetOpps bill (H.R. 3739) will allow qualified Veterans Administration doctors to perform medical exams required by the Transportation Department to obtain a commercial driver’s licence.
The port’s container freight and liquid bulk volumes rose in the first nine months of 2015 compared to the same period in 2014, but breakbulk volumes dropped due to increasing […]
The Port of Rotterdam Authority and Kloosterboer are investing in Rotterdam Cool Port on the City Terminal site, which ceased operations at the beginning of the month.
The Northern European airport handled 39,533 tons of cargo for the month, an increase of 1.6 percent from September 2014.
The multipurpose Gulf Coast port signed a two-year agreement with the Central Ohio River Business Association to strengthen commerce between the two regions.
CEVA Logistics established an agreement with Fintyre, an Italian distributor of replacement tires, who will use the third-party logistics company’s TyreCity in Somaglia Italy to provide warehousing activities for its […]
Chief U.S. District Court Judge Gregory K. Frizzel sentenced former chief executive James Douglas Pielsticker to serve seven and one-half years in prison and pay a fine of $21 million […]
The derailment of a CSX train carrying Bakken crude, which resulted in a fire that forced the evacuation of hundreds of area residents, was caused by a defect that was […]
In a response to the ITF recommendations, the International Chamber of Shipping said it prefers a fuel levy, rather than an emissions trading scheme, to reduce greenhouse gas emissions from […]
Third-party logistics provider Kuehne + Nagel posted a 6.7 percent year-over-year increase in net profits for the first nine months of 2015.
No one was killed in the latest blast at a warehouse that Chinese officials said was in violation of rent laws.
Ocean carrier APL unveiled a new rotation for the ASA service between Asia, the West Coast of Mexico and the West Coast of South America.
The Port of Savannah received its first cold-treated citrus shipment from Peru as part of a United States Department of Agriculture pilot program.
The terminal operator ordered four ship-to-shore gantry cranes and 14 automated rail-mounted gantry cranes for the APM Terminals Vado, scheduled to open Jan. 2018.
Odyssey Logistics & Technology Corp. introduced its “load and roll pallet” (LRP) service for shippers of coiled metal products, as well as those with long and flat metal products.
The air cargo terminal, based at Hong Kong International Airport, established a multi-year cargo handling contract with the Vietnam-based airline Jetstar Pacific.
DB Schenker Rail names new CEO, while Scandinavian Bunkering appoints managing director and Sparrows Point Terminal picks advisor.
Cargo volumes passing through the Central American gateway in the 2015 fiscal year increased 4.3 percent compared to fiscal 2014, according to the Panama Canal Authority.
Industry advisors to the Commerce Department are calling on the government to get involved much sooner when contract talks between dockworkers and terminal operators diminish port productivity.
A group of Republican House lawmakers on Friday exercised a rarely used “discharge petition” to gather enough support to force a vote on the chamber floor to reauthorize the U.S. […]
The legislation (HR 702) also includes a provision to increase funding for the 60 ships in the Maritime Security Program from $3 million to $5 million.
Federal Aviation Administration officials say they plan to back a proposed international ban on shipping potentially dangerous lithium ion batteries on passenger airlines, according to multiple media reports.
It was only after 2009 that Chinese exports to ASEAN countries really began to grow faster than with other countries, according to the maritime consultants, which suggests it takes a […]
The Singapore-based ocean carrier will offer a fortnightly express service between Guam and Yokohama that will connect to services from around the world.
The Icelandic liner carrier dropped a call at Halmstad, Sweden on its Blue Line service, but added a call at the port has to its Gray Line service.
The Atlanta, Ga.-based shipping and logistics provider said the expansion will create earlier guaranteed delivery options for customers that previously had only end-of-day guaranteed delivery options.
Singapore-based real estate firm Global Logistic Properties will lease over 1 million square feet of warehouse space to three “leading retailers” in China, according to a statement from the company.
The forwarder introduced a daily cargo flight between the Cincinnati/Northern Kentucky International Airport and the Detroit Metropolitan Airport, with a stop at the Minneapolis-St. Paul International Airport.
The cargo-dedicated airlines entered into a partnership agreement for code-share cargo flights between Italy and Japan, which is still subject to approval from the relevant aviation authorities.
Ocean carriers Maersk Line and Hapag-Lloyd issued general rate increases.
Finnair taps new VP of cargo, while Unicon Logistics appoints sales executives for Southern California.
The fund will be held and administered by the Seamen’s Church Institute, North America’s largest mariners’ service agency, following the structure put in place by TOTE.
The entire investigation into the loss of TOTE Maritime Puerto Rico ship will take 12-18 months, but the NTSB will release findings on an “as needed” basis in advance of […]
The national mail carrier of Singapore and aspiring global logistics provider has agreed to purchase a 71.1 percent share in Jagged Peak, Inc. for $15.8 million.
The inability to agree on a long-term highway bill led Congress in July to pass a six-month extension of Transportation Department programs that will expire at the end of the […]
Stock in the hardwood flooring retailer jumped up 16.6 percent after the company announced it had settled a Department of Justice investigation related to foreign timber imports.
Rates from Shanghai to North America, Europe, and Mediterranean fell again this week.
Spot container rates from Shanghai to Northwest Europe and the Mediterranean have steadily dropped since Sept. 4., according to the Shanghai Containerized Freight Index.
The AT1 service, jointly operated by ocean carriers Hapag-Lloyd, OOCL and MSC, and the AT2, jointly operated by Hapag-Lloyd and OOCL, will change their rotations in November.
United States beef export volumes fell 18 percent to 84,167 metric tons, while pork export volumes fell 1 percent to 160,719 metric tons and lamb export volumes fell 27 percent […]
Thermo King, a manufacturer of transport temperature-control systems and a subsidiary of Ingersoll Rand, has acquired Ireland-based Celtrak.
Thirteen technical and community colleges received $2.3 million in truck diver training grants through the FMCSA’s Commercial Motor Vehicle – Operator Safety Training program.
The Portland, Ore.-based logistics services provider expanded its direct less-than-containerload ocean freight service from Asia to the Southwest United States Oct. 5.
The cargo segment of American Airlines will offer a new leasing program for the CSafe Global RKN, effective Nov. 1.
The Roadrunner Transportation Systems, Inc. company will open a new office in Seattle, Wash.
The Danish firm’s acquisition of third-party logistics provider UTi is the latest in a string of international mergers in the 3PL industry this year.
The Israeli ocean carrier recently returned to the black, posting adjusted net profits of $23 million in the second quarter of 2015 compared with a net loss of $50 million […]
With more tonnage to be delivered next year, London-based shipping consultant Drewry says “the overhang of excess capacity [in the ocean freight industry] will be even greater than that experienced […]
Ocean carrier APL will launch a new service between North Asia and the West Coast of the United States Nov. 1 that will feature some of the most competitive transit […]
The less-than-truckload carrier will enter into an alliance with third-party logistics provider Mallory Alexander International Logistics, LLC to enhance its ocean forwarding offering.
The new, 13,300-deadweight ton vessels feature two cranes with a combined lifting capacity of up to 900 metric tons, with delivery to begin in the summer of 2017 and continue […]
U.S. Customs and Border Protection agents at the Fort Lauderdale, Fla. port found over 615 pounds of the illegal narcotic hidden in a container that originated in Cartagena, Colombia.
Brightstar Group and Unik Toyz Trading, both based out of Los Angeles, Calif., agreed in federal court to cease their imports of hazardous children’s toys.
U.S. steel exports are down overall in 2015, thanks to an economic slowdown in Canada, which purchases about half of all steel exported from the United States, according to the […]
The Federal Aviation Administration will provide a $27 million grant to help the City of Williston, N.D., buy land for a new airport to replace Sloulin Field International Airport.
The third-party logistics provider entered into four, 10-year contracts, under which it will provide warehousing, store deliveries, e-commerce fulfillment, international distribution and 4PL services to four fashion retailers in the […]
The independent containership owner and manager agreed to purchase KVH Industries’ mini-VSAT Broadband 2.0 maritime communications solution for 18 of its newest vessels.
Atlas Air Worldwide Holdings and consulting firm Maine Pointe name vice presidents.
The U.S. Coast Guard and ship operator TOTE Maritime have scheduled press conferences for this afternoon to announce any new information on last week’s disappearance of the Florida-Puerto Rico cargo […]
Investment bank Stifel Nicolaus upgraded its rating of FedEx Corp.’s stock to “buy” Monday, causing share value on Tuesday to increase over 1 percent from the previous day’s closing price.
The Japanese ocean liner carriers and three executives at the companies allegedly conspired to fixed prices on roll-on/roll-off cargo, according to the U.S. Department of Justice.
The U.S. Department of Transportation on Tuesday released $5 million in emergency relief funds to South Carolina to repair storm-damaged roads and bridges.
U.S. Commerce Secretary Penny Pritzker, who arrived in Cuba on Tuesday, will co-chair a regulatory dialogue with government officials from the long-embargoed Caribbean nation.
Turkon Line’s Med-USA loop will add NileDutch to the Mediterranean portion of the string and add a call at Tangier to the port rotation.
The trucking industry will need to hire 890,000 new drivers, an average of 89,000 per year, in order to keep pace with demand, according to a new report from the […]
The logistics provider launched a new rail connection between Germany and the Netherlands Wednesday.
The less-than-truckload provider added an outbound LTL service from Toronto, Ontario and appointed John Geertsema as General Manager for Canada.
The Cincinnati, Ohio-based transportation and logistics firm opened an office in Daytona Beach, Fla. last week.
Kewill and Polaris Transportation make chief executive changes, while C.H. Robinson appoints Europe, Asia trade route development directors.
Just prior to announcing the board of TNT Express had approved its sale to FedEx, the company issued an investor alert warning shareholders that third quarter 2015 profits would be […]
