Greenbrier earnings slip in Q3 FY2015
The railroad transportation equipment manufacturer reported a 15 percent drop in net earnings in its fiscal third quarter compared to its fiscal second quarter, despite record quarterly revenues.
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The railroad transportation equipment manufacturer reported a 15 percent drop in net earnings in its fiscal third quarter compared to its fiscal second quarter, despite record quarterly revenues.
Mary Thien Hoang has served as chief of staff for Federal Maritime Commission Chairman Mario Cordero since April of 2013 and will remain in that position.
The airfreight carrier began offering four weekly flights to Turkmenbashi Airport in Turkmenistan.
The Port of Rotterdam Authority signed an agreement with Sif Group and Verbrugge International for the construction of a production, storage and handling terminal at the port designed to cater […]
ITSTL appoints CEO and SSA elects new president, while the USDA and USTR name policy and technical advisory committee members.
The Port of Los Angeles will begin construction this summer on a two-year project to upgrade and expand berths and backlands at the Yusen Terminals LLC container terminal.
The International Chamber of Shipping complained protectionist policies could limit access to U.S. oil and gas exports.
The agreements will help finance the purchase of containers and ships, and the development of maritime infrastructure between Europe and China.
Lim, a native of South Korea, is currently the president of the Port of Busan, but has spent years working at the United Nations agency.
Supply chain management solutions provider’s TrueCommerce EDI Solutions group automates integration of key warehouse documents with SAP’s small business software.
Ocean carriers Mediterranean Shipping Co. and ZIM announced changes to two loops between the East Mediterranean and North Europe.
The roll-on/roll-off cargo vessel Kvitbjorn, the first ship powered by liquefied natural gas-powered in Nor Lines’ fleet, grounded off the coast of Norway over the weekend.
Ocean carriers COSCO and Yang Ming joined forces to launch two feeder loops in North Europe.
The ocean carrier has ordered additional containers, chassis and gensets for use in its services on trade lanes between the U.S. mainland, Puerto Rico, the Caribbean and Central America.
Two cargo facilities at the Seattle-Tacoma International Airport have been expanded to accommodate larger aircraft.
The footwear and apparel giant’s 2.8 million-square-foot distribution center opened June 26.
GPA re-elects board chairman, while UPS names U.S. west region president.
Proponents of the Ex-Im Bank on Capital Hill have already begun lining up to pursue reauthorization of the 81-year-old institution in the coming weeks.
Transportation and port companies need to cooperate more, members of the Agriculture Transportation Coalition said at their annual meeting in San Francisco.
Canadian National, Canadian Pacific and Union Pacific railways have seen volumes drop 4 percent, 3 percent and 6 percent, respectively, so far in the second quarter.
The ever-increasing size of containerships has led a decrease in average number of containers moved per hour in port and, in turn, to increased vessel delays, according to a new […]
Alliance members announced they will add two Chinese port calls to their Loop 6 service between Asia and Europe.
The Federal Aviation Administration has proposed a $77,000 civil penalty against the Orlando, Fla. airfreight carrier for failing to safely load cargo on its flights.
The Board of Port Commissioners approved a $470 million budget for capital movements, runway safety improvements, and the construction of a transport and logistics center at the former Oakland Army […]
The South Korean electronics company designed the prototype vehicle with the aim of improving safety and reducing accidents that are the result of impaired visibility caused by the size of […]
The Port of Johnstown celebrated the completion of a $35 million infrastructure renewal project and a new wharf.
U.S. Army Corps of Engineers signed off on the port dredging project, paving the way for the engineering and design phase.
The purchase of Memphis-based ReTrans Inc. is intended to expand K+N’s North American network and sync with the third party logistics provider’s ocean and airfreight businesses.
Ocean carrier and terminal operator members of the PPOIA agreement could be asked to provide additional information as the Federal Maritime Commission continues to diagnose the root causes of West […]
The U.S. Senate Appropriations Subcommittee on Transportation, Housing and Urban Development endorsed a fiscal year 2016 funding measure, which will now be considered by the full Senate Appropriations Committee.
Representatives from various meat and livestock associations told the Senate Agriculture Committee to get in line with House lawmakers and repeal mandatory country of origin labeling.
A new white paper from DHL outlined steps companies need to take to keep up with stricter compliance requirements and the increasing demand for temperature-sensitive drugs.
Barcelona Europe South Terminal has invested in a second inland terminal, the Maritime Terminal of Zaragoza, according to Hutchinson Port Holdings Limited.
The Viau Terminal at the Port of Montreal will increase the port’s container-handling capacity by 600,000 TEUs once both phases of construction are completed.
The cargo segment of Saudia Airlines launched a direct freighter service between Shanghai and New Delhi.
Maryland Gov. Larry Hogan on Thursday announced that the state’s highways and bridges will receive $1.97 billion in building, maintenance and repair funding.
The 90-ton reachstacker arrived from the Kalmar factory in Poland.
The Port of Seattle has hired a new economic development director, while Tiger Cool names marketing VP and Crane Worldwide appoints CIO.
An official from the U.S. Agency for International Development said discussions about the Maritime Security Program are ongoing.
Several railroad, trucking and logistics company stocks fell Wednesday in response to the Commerce Department’s updated Q1 GDP estimate and May durable goods report.
The Federal Maritime Commission said its detailed monitoring of the Maersk-MSC alliance in the east-west liner trades has “raised no red flags.”
Nevertheless, ocean carriers have announced general rate increase for July 1.
The Federal Maritime Commission will likely meet with European and Chinese shipping regulators on a yearly basis, following recent talks in Brussels.
United Arab Shipping Co.will be exempt from the Federal Maritime Commission’s “controlled carrier” requirement that it provide 30 days’ notice of any reduction in its published tariff rates.
The new canal will decrease congestion on the European waterway and reduce logistics costs, according to officials.
“We are seeing good demand for air freight and for our aircraft and services,” said William J. Flynn, president and chief executive officer of Atlas Air Worldwide.
The cargo segment of American Airlines opened a 25,000-square-foot cold storage facility in Philadelphia, Pa. this week.
The 1 million-square-meter facility is scheduled to be completed in 2025.
The third-party logistics provider established an agreement with JSW Steel to transport goods from JSW Steel’s plant in Baytown, Texas.
The third-party logistics provider has service centers in Canada, the United States and Mexico.
The medical technology company began construction to build a 32,000-square-meter warehouse at Trade Port North Venlo.
ZIM appoints new CIO, while Rand Logistics eliminates vice chairman position and FPS Victoria adds Australian operations manager.
Tight trucking and warehouse capacity will force rates higher as the U.S. economy improves, according to a new report from the Council of Supply Chain Management Professionals.
American Association of Port Authorities says it supports the intent of the port “sunshine” bill, but thinks its approach to collecting information may be misguided.
Filling and testing the Pacific locks will take about 90 days.
Ocean3 Alliance partners CMA CGM, UASC and CSCL, along with Hamburg Sud, Hapag-Lloyd and NYK, have entered into a vessel sharing agreement on two loops between Asia and the East […]
Port of Oakland is testing sensors that measure wait-times for harbor truckers at marine terminal gates in an effort to increase efficiency.
The U.S. Coast Guard outlined the conditions of entry, which will be applied to any vessel that has called Gambia within its last five port calls before entering the United […]
The seasonally adjusted index increased 1.8 percent compared to May of 2014, according to the American Trucking Association.
The railroads will spend $100 million to upgrade and install new track between Indianapolis and Louisville.
The third-party logistics provider said the need for additional warehouse space stems primarily from growth in the frozen food sector and diversions of container volumes from the West Coast to […]
Crane Worldwide Logistics appoints global sales VP, while Con-way Truckload picks interim president.
The clock is running out for Congress to reauthorize the U.S. Export-Import Bank’s charter, which expires June 30.
Montreal-based Dicom Transportation Group has acquired Orbis Logistics to add “final-mile” capabilities and a stronger distribution presence in the United States.
Maersk Line and Sealand will continue service through common user facilities at the Port of Houston.
Saxen van Coller was fired by the South African logistics development group for failing to disclose previous criminal offences.
The Senate late Monday overwhelmingly approved the nomination of Coast Guard Vice Adm. Peter Neffenger to take over as the next head of the Transportation Security Administration.
The port increased operating profit $4.1 million year-over-year in May.
The project will increase the Port of Singapore’s capacity by 50 percent, allowing the port to handle 50 million TEUs annually, PSA Singapore Terminals said.
The Federal Aviation Administration has proposed a $70,000 civil penalty against Home Depot of Atlanta for allegedly violating federal hazardous materials regulations.
The refrigerated warehousing provider completed the expansion of its Chicago Consolidation Center.
Swiss World Cargo lands new cargo head, while new managers are appointed within IJS Global and CEVA, and JAXPORT names new board members.
The new legislation is supported by Port of Portland, Oregon container terminal operator International Container Terminal Services Inc.
Ocean carriers are looking to reverse the negative trend with general rate increases and capacity adjustments.
A new report from the European Shippers Council outlines the potential positive and negative effects of large-scale ocean carrier cooperation and alliances.
Alliance members announced changes to their Loop 7 and Loop 4 services between Asia and Europe.
U.S. trailer net orders in May fell 14 percent from last month and 29 percent year-over-year, according to the latest figures from freight transportation analyst FTR.
The express carrier will utilize seven of the new alternative-fuel trucks for deliveries in Amsterdam and Rotterdam as part of the Freight Electric Vehicles in Urban Europe program.
The airfreight subsidiary of Saudi Arabia’s flag carrier Saudia commenced bi-weekly 747-400 freighter service from New Delhi to Riyadh and Jeddah.
The airline will launch its own cargo division starting July 1.
Tulsa Port of Catoosa in Oklahoma said “excessive rains” last month hindered shipping to and from the port, with many barge tows idle since May 9.
The first phase of infilling has been completed at the Liverpool2, the UK port’s new container terminal.
The logistics provider opened the new 150,000-square-foot Texas warehouse and office facility June 18.
The aircraft manufacturer opened a research and technology center in Huntsville, Ala. on June 18.
AFFLINK names business development VP, while Con-way Inc. adds three to board.
Climate-change campaigners turn up heat in debate over ship operations.
In late May, several hundred school children got to be part of the maiden voyage for a new program being offered by the Port of Oakland—free port tours. […]
The Rice Corp. filed a lawsuit in the U.S. District Court, Southern District of New York (SDNY) seeking to enforce an arbitration award it obtained against Express Sea Transport […]
Strategic View with Walter Kemmsies With the possibility of a Trans-Pacific Trade Agreement, and the competitive synergies that might result from such an agreement, global trade could see significant […]
Container Analytics with Ben Meyer In general terms, market share refers to a company’s sales relative to the total sales of a given industry or market segment. Shareholders, investors […]
Reduced fuel costs benefit container carriers, but they face a parade of new, larger ships.
No one likes to be stuck in traffic, so it’s easy to understand that finding young, motivated people these days who want to drive long-haul big rigs over the […]
Environmentalists are continuing to press the shipping industry to reduce carbon dioxide emissions, and Jose Maria Figueres, chairman of the group Carbon War Room, said “modern wind systems are […]
Not included in our annual Who’s Making Money report this month is Matson—but it is not for lack of making money. Our report is limited to 16 of […]
With 18 ships already in its fleet, the Athens-based shipping company plans to use the proceeds from an initial public offering to help acquire four more ships.
Crowley Maritime will offer an additional monthly sailing between Pennsauken, N.J., and San Juan, Puerto Rico this summer.
Discussions in Brussels focused on the global trend towards increased ocean carrier cooperation and regulatory and policy issues related to ports.
Former Con-Way Freight president will take helm of the port warehousing, logistics, and cold storage company, effective mid-July.
Mazda Logistics and Yusen (Asia) Co., Ltd. will provide automotive spare parts to 100 countries on behalf of Mazda Motor Corp. in Thailand.
DHL Freight has opened cold chain distribution centers in Lyon, Milan and Madrid.