News

The Icelandic shipping company reported net earnings of 5.5 million euros on operating revenues of 126.6 million euros for the second quarter of 2015.

The first automobile shipment from Pipavav Port, which consisted of 1,300 Indian-built Ford automobiles destined for Mexico, departed last week

The Con-way Inc. subsidiary partnered with real estate developer Prologis to establish a new 70,000-square-meter logistics facility in Eindhoven, the Netherlands.

CEVA Logistics has launched Orion Mobility, an application of Orion TMS, to provide increased visibility and real-time data to its Brazilian shippers.

The third party logistics services provider opened a new facility in Sao Paulo, Brazil to offer specialized logistics solutions for pharmaceutical and life science companies.

C.R. England names chief sales officer, while SEKO Logistics appoints U.S. COO and Suddath Global picks VP of contract operations.

The group reported a 66.7 percent increase in net profits to $156 million on revenues of $4.2 billion for the second quarter.

A deal for GE Capital Rail Services, which has assets valued at over $4 billion, could come by Labor Day, according to initial reports from Bloomberg Business.

The Malaysian shipping company increased group profits by over 27 percent in the first six months of the year despite a 1 percent dip in overall revenues.

Sea Star Line will begin operating the first of the two ships from Jacksonville later this year, according to a statement from TOTE Maritime.

The non-vessel operating common carrier and ocean freight consolidator launched a new less-than-container-load import service from Nhava Sheva, India to Charleston, S.C.

Port of Long Beach appoints HR director and IANA names new VP, while USA Truck adds VP for Mexico operations.

“In second half of 2015, international trade still won’t be cheerful,” CSCL said in its most recent financial statements, pointing to the massive influx of new capacity in the ocean […]

Federal Maritime Commission Chairman Mario Cordero applauded efforts to fight gate congestion at the Ports of Los Angeles and Long Beach, but wants terminals to amend their agreement with the […]

A fire broke out in a container onboard the United Arab Shipping Co. vessel Alula in the early hours of Friday morning as it arrived at Waltershof harbor, according to […]

Container spot rates from Asia to Europe and the Mediterranean increased, while prices to the U.S. continued to fall.

The port also also handled a record number of container lifts at its intermodal ExpressRail yards in July, according to the latest figures from the port authority.

The Antwerp, Belgium based cargo vessel and aircraft operator posted EBITA of $121 million in the first half compared with $39.9 million the previous year.

Amsterdam Airport Schiphol handled 784,567 tons in the first six months of this year, a 2.1 percent drop compared to the same period in 2014.

The airfreight carrier of Saudi Arabia’s flag airline will begin dedicated weekly cargo flights to the New York City airport starting Sept. 4.

The nation’s largest retailer began operations at the new facility in Plainfield, Ind., which has added 300 new jobs to the local economy.

Law firm Homan Fenwick Willan predicts the ban on hazardous cargo resulting from the deadly blast will have a major effect on liquid bulk volumes going forward.

CMA CGM, UASC and CSCL, members of the Ocean3 Alliance, have added vessels and increased total rotation time on its Asia-North Europe AEX7/AEC8 and Asia-Mediterranean MEX loops, according to BlueWater […]

A new whitepaper by American Shipper, in collaboration with the Virginia Maritime Association, tackles some of the thorny problems behind cargo delays at key U.S. ports.

The member carriers of the Ocean3 Alliance have increased westbound transit times between the United States and China by one week on their Pearl River Express and AAC/Bohai loop, according […]

The U.S. Department of Commerce’s Bureau of Economic Analysis revised a previous prediction of a 2.3 percent annual growth rate in second quarter gross domestic product to a 3.7 percent […]

Tacoma members of the International Longshore and Warehouse Union are volunteering time and supplies to help combat wildfires in Eastern Washington.

The global port operator attributed its strong results primarily to increased throughput at higher margin marine terminals and its integration of industrial logistics infrastructure firm Economic Zones World.

The global freight shipping company has teamed up with Day & Ross Freight to offer expedited services throughout the Canadian marketplace.

Gulftainer appoints CEO of GT International, while MOL names manager of contract services.

The change to an appointment-based system for drayage drivers picking up or dropping off cargo at the ports will take effect immediately at five terminals (for imports initially) and five […]

“Repercussions on the global supply chain will be felt over the next few months and perhaps years to come,” said the CEO of supply chain research firm Resilinc.

U.S. Customs and Border Protection agents at the port found over 424 pounds of the illegal narcotic hidden in a shipment of tires that originated in South America.

The French ocean carrier has suspended its Liberty Bridge service between North Europe and the United States East Coast.

The vessel Mineral Faith caused delays and tailbacks for at least ten southbound vessels after grounding Tuesday, according to a customer advisory note from Inchcape Shipping Services.

The newly opened West Rail Bypass International Bridge at Brownsville, Texas is the first new rail crossing constructed between the U.S. and Mexico since 1910.

European logistics services provider Samskip has acquired the remaining shares of Van Dieren Sweden AB, taking full ownership of company.

Tideworks’ terminal operating system will go live at Port Everglades in early 2016.

The port terminal operator announced profit attributable to equity holders of the company rose 12 percent despite revenues dropping 8.6 percent in the first half of 2015.

The third-party logistics provider launched a weekly direct less-than-containerload service from Singapore to New York.

The freight division of Emirates will provide over 150 tons of belly-hold capacity each week between Mashad, Iran and Dubai, United Arab Emirates starting Sept. 1.

The expedited transportation and logistics services provider said its new temperature-controlled logistics facility will serve as the operations and warehousing hub for its life sciences and medical device customers throughout […]

The German ocean carrier estimated last year’s merger with Chile’s CSAV will bring $400 million in synergy savings, $100 million more than originally estimated.

Falling crude prices have yet to further lessen the average price of gas at the pump for U.S. consumers, but market analyst Lundberg Survey Inc. has predicted a more than […]

One hundred fifty-one Google Express Services workers employed by contractor Adecco voted to join the Teamsters Local 853, according to a statement from the union.

Several major logistics and transportation company stocks fell Monday in response to fears of potential trade fallout from a prolonged downturn in the Chinese economy.

The North American-based automated material handling solutions and software provider said the enhanced software offers simplified configurability, a new user interface and experience and support for various operating systems and […]

The airline group reported profits attributable to its shareholders increased 468.3 percent for the first half of 2015 in comparison to the same period last year.

Kalmar delivered the first real hybrid shuttle carriers in the United States to the Virginia International Gateway terminal in Portsmouth, Va.

The group attributed the decrease to volume erosion, specifically in Canada Post’s transaction mail business and higher employee benefit expenses.

CEVA appoints CFO, DB Schenker selects CIO, CenterPoint names senior VP of investments, and Troy Container Line picks Midwest account executive.

The Panama Canal Authority (ACP) said “water filtration” issues were discovered during testing of the new Pacific locks.

The Florida port is trying to jump start its container business and install infrastructure to make Central Florida a more attractive logistics option for importers and exporters.

The Pacific Merchant Shipping Association said the ever-increasing size of ships means pilot revenues will continue to grow naturally without need for a rate increase.

The authority said that as a result of recent rainfall, there is no longer a need for the second draft restriction that was tentatively scheduled for Sept. 15.

The Commerce Department, in its preliminary determinations, has found that imports of certain uncoated paper from Australia, Brazil, China, Indonesia and Portugal have been dumped on the U.S. market.

The port received two Liebherr ST P167L (WS) container gantry cranes last week in preparation for the port to officially enter service next month.

The logistics provider and container terminal operator posted operating profits of 82.6 million euros for the first half of 2015, a year-over-year increase of 1.5 percent.

The cargo division of Virgin Atlantic reported a year-over-year increase of 33 percent in cargo that departed from Dubai in the first half of 2015.

The new facility in Mount Maunganui, New Zealand, will provide Bay of Plenty exporters more choice and offer improved access to overseas markets, according to a statement from the port.

Ocean carriers Maersk Line, CMA CGM, CSCL, MOL and Hyundai issued general rate increases.

ZIM has appointed a president to lead its newly established U.S. agency, while SEKO names chief client solutions officer.

A Department of Transportation study found over 75 percent of truck drivers and nearly 66 percent of logistics professionals reported regularly having difficulty finding safe – and legal – parking […]

   Part of a shipment of polyester flags and rubber mats from a Chinese company, Chesta, was damaged or lost when a BNSF train derailed.    An intermodal container containing […]

   The problems at cargo hubs—whether seaports, airports or intermodal rail transfer facilities—often parallel each other and underscore the need for a national conversation among supply chain stakeholders to apply […]

More freight delays feared at Chicago O’Hare airport for peak season.

Railroads, IMCs see long-term growth for both domestic and international intermodal.

   Media outlets a few weeks ago, once again, began reporting that Singapore-owned investment company Temasek Holdings is looking to sell Neptune Orient Lines, parent company of ocean carrier APL. […]

Larger companies and bigger ships dominate container shipping.

   There’s been a lot of attention in the news these days about how large logistics services providers are buying up similarly large to midsized counterparts to add to their […]

Iconic Baltimore customs broker and logistics services company Shapiro turns 100.

   “We like the U.S.-flag business, we think it’s a good business to be in,” said Marc Marling, president of Teras Cargo Transport (America).    This summer Teras added a […]

   Billions of dollars are spent annually to clear ports and shipping channels of sediment using a variety of dredging vessels.    The Port of Cleveland said 250,000 cubic yards […]

It’s still too early to tell, but 3D printing may reshape some traditional supply chains.

Decision-makers urged to talk through solutions to congestion, identify actions and implement them.

Rates from Shanghai to Northwest Europe and the Mediterranean dropped for the third week in a row, according to data from the Shanghai Containerized Freight Index.

The Greek government last week announced deadlines to receive offers for the state-owned ports of Piraeus and Thessaloniki as part of its latest bailout deal with the European Union.

Tools from ocean carrier schedule and capacity database BlueWater Reporting compare how Tianjin stacks up to other nearby container ports.

Port Director Chris Lytle told the Federal Maritime Commission that Oakland needs more dockworkers to support the OakPass program.

The German ocean carrier advanced its timetable on plans to launch a stock market flotation as a result of positive second quarter financial results.

The Malaysian shipping company has agreed to sell its 50 percent share in VTTI B.V. to energy trader Vitol Group, which already owns the remaining 50 percent of the company.

The Canadian port reported 8 percent year-over-year growth in container volumes during the first half of 2015.

Year-to-date, container volumes are up 4 percent and automobile volumes are up 7.7 percent at the Pacific Northwest ports.

Roadrunner names board audit committee chairman and Matson appoints replacement for longtime company spokesman, while U.S. Customs and Border Protection promotes assistant director for trade operations in Laredo.

Ocean carrier MSC said it will divert cargo destined for Hodeidah to the Port of Aden after airstrikes by the Saudi-led coalition caused major damage to port infrastructure.

Pararescuers were unable to save the seafarer after he became ill.

Container operations are still being slowed after last week’s massive blast at the Port of Tianjin in China, but all terminals and off-dock depots are operating today, according to a […]

Shipment volumes and, expenditures both decreased compared with June figures, but this is “in line with the seasonal patterns of the last five years,” according to the latest Cass Freight […]

The Northwest Seaport Alliance handled 296,349 TEUs in July and nearly 2.1 million TEUs for the first seven months of 2015, up 8 percent and 4 percent, respectively.

Brambles Ltd., operator of a global plastic pallet pool, has acquired the remaining two-thirds of IFCO Japan that it did not already own.

U.S. trailer net orders in July fell 24 percent from last month, but were up 13 percent year-over-year, according to the latest figures from freight transportation analyst FTR.

Third party-logistics provider Damco announced it will provide ocean freight and landside services for KONE, an elevator, escalator and automatic building door solutions provider.

Net profit after tax and total cargo volumes for the 12-month period ended June 30 saw year-over-year increase growth of 1.1 percent and 2 percent, respectively.

The parcel giant opened its fifth facility in the Chicago, Ill. area.

Federal Maritime Commissioner Doyle and shipper groups say they want more details on the Port of Oakland’s plan to help relieve congestion by opening facilities on Saturdays and charging peak […]

The parcel giant announced yesterday it officially closed on the acquisition of Coyote Logistics for $1.8 billion.

Global automakers are among those impacted by the deadly industrial accident, and insurance losses from the blast could reach $1.5 billion, according to reports from Reuters.

Profits increased compared to the same 2014 period despite lower revenues and volumes due to the ocean carrier leaving certain trades and weak demand on Asia-Mediterranean routes.

The German ocean carrier said it plans to use the refrigerated boxes to take advantage of growth opportunities in the South American trade lanes.

Truckload pricing increased 3.6 percent year-over-year in July after a similar increase in June, according the latest Cass Truckload Linehaul Index.