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The third-party logistics company will manage an 8,500-square-meter warehouse near Milan, Italy for Pellegrini, an Italian services supply company.
The railway opened its new $40 million Union Pacific Kinney County Railport in Kinney County, Texas on Tuesday.
The logistics services provider entered into a multi-year service agreement with American Essentials, which sells and distributes socks and legwear to major U.S. and global retail outlets.
The third-party logistics provider opened a new warehouse outside Jakarta, Indonesia, which will provide storage and handling services, primarily for automotive parts and materials.
CenterPoint Properties names head of U.S. western region, while International Container Terminal Services, Inc. promotes three VPs.
The roll-up freight brokerage and logistics provider had EBITDA of $166 million in the quarter as it digests recent deals for Norbert Dentressangle and LTL carrier Con-way.
The U.S. Navy will continue to search for the bridge, which contains a voyage data recorder that may hold clues as to what happened to the TOTE Maritime cargo ship […]
The U.S. Navy will continue to search for the bridge, which contains a voyage data recorder that may hold clues as to what happened to the TOTE Maritime cargo ship […]
The Hamburg-based liner carrier plans to use the gross proceeds from its public stock float for investments in vessels and containers, according to a statement from the company.
Industry officials say there are many practical issues to work out prior to new International Maritime Organization regulations going into effect July 1, 2016.
The acceptance period for FedEx Corp.’s recommended public purchase offer for TNT Express until Jan. 8, 2016 was extended because the deal has not yet been approved by the relevant […]
The print, digital and supply chain solutions provider acquired Tampa, Fla.-based Courier Advisory Group to expand RR Donnelley’s logistics service offerings and last-mile delivery options, according to a statement from […]
The Miami, Fla.-based cargo line commenced its first service, which operates between the United States and Central America with one container and general cargo vessel.
The London airport announced plans to invest nearly $200 million over the next 15 years to improve and expand its freight handling facilities, processes and workforce.
Fraport AG sold a 51 percent share in its Frankfurt-based subsidiary Fraport Cargo Services GmbH to World Freight Services, the largest independent air cargo handler.
The Chattanooga, Tenn.-based logistics services provider has partnered with PINC Solutions to explore the use of drones for the management of warehouse systems and yard operations.
The Japanese airline commenced a new service between Brussels and the Narita International Airport in Tokyo, Japan.
The forwarder invested $1.5 million to construct a new service center adjacent to the Washington Dulles International Airport.
The Itasca, Ill.-based logistics services provider has tripled its warehouse operations in California, according to a statement from the company.
V3 Transportation adds a senior advisor, while the Port of Long Beach Board of Harbor Commissioners names chief of staff.
In response to weak demand, Maersk has also cancelled options for eight containerships – six 19,630-TEU vessels and two 3,600-TEU feeder ships – and could cancel eight more, according to […]
Copper Logistics will transition to the Radiant brand and operate from the Radiant location near the Minneapolis/St. Paul Airport, according to a statement from the Bellevue, Wash.-based third-party logistics provider.
An executive of the ocean carrier commented on the seldom-used route after the Chinese general cargo ship Yong Sheng finished a round trip voyage between China and Europe by sailing […]
The French logistics provider has received the necessary regulatory approvals and officially completed its purchase of Nashville, Ten.-based Ozburn-Hessey Logistics for an undisclosed sum, giving the company a stake in […]
The container terminal operator touted synergies with its London Gateway facility as it extended its license for the DP World Southampton terminal to 2047.
The independent marine vessel owner and manager took delivery of two containerships during the third quarter of 2015.
The French ocean carrier will add a weekly direct call at Salalah, Oman on its Noura Express service, which currently operates between the United Arab Emirates and East Africa.
The cargo airline group’s revenues stood at 238 million euros for the third quarter of 2015 compared to the 236 million euros for the third quarter of 2014.
Liverpool2 received five, 1600-ton ship-to-shore ‘megamax’ cranes from Shanghai-based equipment manufacturer ZPMC.
The temperature-controlled air cargo container manufacturer opened a service station in Shanghai, China, which provided it with more capacity to release its RKN e1 containers to the Chinese and Asian […]
The maritime services provider opened an office in Odessa, Ukraine as part of its plan to expand its presence across the Black Sea region.
Maryland Port Administration appoints director of harbor development, North Carolina State Ports Authority picks new CFO and Port of New York and New Jersey names interim general counsel, while Ryder […]
Although activity slowed slightly in Q3, total deal value for mergers and acquisitions in the transportation and logistics sector for the first nine months of 2015 is up 40 percent […]
TOTE Maritime alleges it exercised due diligence to supply the ill-fated cargo ship with suitable and working engines, personnel, and other necessary equipment, according to recent court filings.
Similar to the Shanghai Containerized Freight Index, the new index will meld spot prices for 20-foot, 40-foot and 40-foot high cube containers moving from Ningbo to Europe and the Middle […]
XPO Logistics, which announced Friday it had finalized its $3 billion acquisition of trucking and logistics provider Con-way Inc., will cut more than 10 percent of current Con-way staff at […]
The less-than-truckload holding company increased operating income nearly 79 percent year-over-year in the third quarter of 2015, thanks in part to a 7 percent bump in revenues per shipment at […]
The Chinese ocean carrier will join two of Maersk Line’s services between Southeast Asia and Oceania this month.
The logistics services provider posted a net income of $11.8 million on operating revenues of $317.2 million for the third quarter of 2015.
Cargo 2000, an IATA interest group, wrapped up a meeting last week in Vienna that focused on finalizing its airport-to-airport and starting revisions of its door-to-door process definitions for air […]
The parcel and logistics giant will spend about $185 million to construct a package sorting and delivery facility at DP World’s logistics park adjacent to the London Gateway seaport, according […]
The railroad transportation equipment manufacturer posted net earnings of $66.9 million on revenues of $765.5 million for the fourth quarter of its fiscal 2015 year, which ended Aug. 31.
The Houston, Texas-based tank barge operator posted net earnings of $56.8 million and consolidated revenues of $532.6 million for the third quarter, a year-over-year drop of 25.9 percent and 21.8 […]
The U.S. Navy used side scan sonar devices to locate the wreck under 15,000 feet of water, and additional equipment will be required to confirm ship’s identity, according to the […]
Seven marine terminals at the ports of Los Angeles and Long Beach have been locking out companies targeted by protesters, according to the Harbor Trucking Association, a trade association representing […]
Since last week, rates from Shanghai to Northwest Europe and the Mediterranean increased by 328 percent and 298 percent, respectively.
The stop-gap funding measure also included an extension of the deadline for railways to implement Positive Train Control until 2018 at the earliest, a provision some Senate Democrats say shouldn’t […]
Container business was hampered by overcapacity caused by the delivery of ultra-large containerships, depreciation of the euro and an economic slump in Europe, according to ocean carrier NYK.
Chinese liner giant China Shipping Container Lines pointed to the cost and environmental benefits of ultra-large large containerships as the primary reasons for the new order.
The roll-up powerhouse third-party logistics provider announced Friday it has officially closed on the purchase of asset-based trucking carrier Con-way Inc., including subsidiary 3PL Menlo Logistics, for $3 billion.
The port handled a record number of containers and automobiles in September, according to the latest figures from the Port Authority of New York and New Jersey.
United States gross domestic product expanded at an annualized rate of 1.5 percent in the third quarter of 2015, according to the first estimate from the Department of Commerce’s Bureau […]
The U.S. Department of Transportation selected 39 infrastructure projects from 627 eligible applications requesting a combined $10.1 billion in Transportation Investment Generating Economic Recovery grant funding.
The railway broke ground on a $70 million railroad bridge in Letchworth State Park in conjunction with the New York State Department of Transportation; the New York State Office of […]
Canadian National Railway posted a net income of $1.01 billion Canadian on revenues of $3.2 billion Canadian for the third quarter of 2015.
The parcel carrier expects to handle more than 630 million packages between Black Friday, Nov. 27, and New Year’s Eve, an increase of more than 10 percent over seasonal volumes […]
Compared to its existing ships, the Atlantic Star will have double the container capacity and more room for vehicles and high and heavy roll-on/roll-off cargo, according to Atlantic Container Lines.
The third-party logistics company will manage spare parts logistics services on behalf of the German automobile and motorcycle manufacturing company.
Short-sea vessel operator Oceanex has ordered a new Liebherr habor crane for its St. John’s terminal to replace the one damaged by fire in mid-September.
The logistics services provider opened a branch at the Cardiff International Airport to connect local importers and exporters with new business opportunities throughout the world.
Neptune Orient Lines, parent of ocean liner APL, attributed the poor financial results primarily to weak peak season shipment volumes to North America and Europe, which resulted in lower freight […]
The Danish global transport and logistics provider reported adjusted earnings and net revenues grew 15.1 percent and 2 percent, respectively, in the third quarter of 2015 compared to the same […]
Several major logistics and transportation company stocks have fallen sharply this week amid lower-than-expected earnings announcements and concerns of weak demand going into the fourth quarter.
Green Shipping Line is eyeing potential cargo shipping routes on the U.S. Atlantic Coast and in the Lake Erie region.
The Senate on Wednesday approved a House measure to extend federal transportation spending for three weeks and prevent a shutdown in funding today.
The Thomasville, N.C.-based less-than-truckload carrier posted net income of $84.4 million for the third quarter of 2015, an 8.3 percent increase from the third quarter of 2014.
The ocean procurement software provider launched Xeneta Insight for small and medium businesses and Xeneta Intelligence for large volume shipping companies.
The Norther California port will make 75 percent of the energy it purchases for tenants greenhouse gas-free within three years, according to a statement from the Oakland port authority.
U.S. Customs and Border Protection officers at the Miami International Airport found the counterfeit bracelets in a shipment from China.
The parcel giant will expand its “Centennial” ground package sorting facility in Louisville, Ky. from 257,000 square feet to 838,000 square feet and will nearly double the package processing rates.
The new, 265,000-square-foot office consolidates several locations and an estimated 1,200 FedEx team members into one location.
COSCO ships moved fewer containers in the third quarter than it did in the same period last year and terminals run by subsidiary COSCO Pacific handled fewer boxes as well.
Some Cal Cartage warehouse workers will join the protest today, according to the Teamsters, but port officials say there hasn’t been a marked effect on operations in terms of congestion.
A group of House lawmakers from across the political aisle voted successfully Tuesday to re-open the U.S. Export-Import Bank.
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.
