News

The heavy lift and project cargo carrier opened a new office in Ho Chi Minh City, Vietnam Aug. 1.

The U.S. Federal Maritime Commission has received 16 ocean transportation intermediary license applications and changes for review.

Individuals knowing of a reason why an applicant should not receive a license should contact the Office of Transportation Intermediaries.

FMC reviews 16 OTI license applications

   The U.S. Federal Maritime Commission has received 16 ocean transportation intermediary license applications and changes for review.     The FMC received non-vessel-operating common carrier/ocean freight forwarder license applications from 721 […]

The U.S. Federal Maritime Commission has received 16 ocean transportation intermediary license applications and changes for review.

The U.S. Federal Maritime Commission has received 16 ocean transportation intermediary license applications and changes for review.

The U.S. Federal Maritime Commission has received 16 ocean transportation intermediary license applications and changes for review.

The U.S. Federal Maritime Commission has received 16 ocean transportation intermediary license applications and changes for review.

The U.S. Federal Maritime Commission has received 16 ocean transportation intermediary license applications and changes for review.

   The U.S. Federal Maritime Commission has received 16 license applications and changes for review.    The FMC received non-vessel-operating common carrier license applications from All International Solutions, Gardena, Calif. […]

The U.S. Federal Maritime Commission has received 16 ocean transportation intermediary license applications and changes for review.

The U.S. Federal Maritime Commission has received 16 ocean transportation intermediary license applications and changes for review.

The U.S. Federal Maritime Commission has received 16 ocean transportation intermediary license applications and changes for review.

The U.S. Federal Maritime Commission has received 16 ocean transportation intermediary license applications and changes for review.

The U.S. Federal Maritime Commission has received 16 ocean transportation intermediary license applications and changes for review.

The U.S. Federal Maritime Commission has received 16 ocean transportation intermediary license applications and changes for review.

Individuals knowing of any reason why an applicant should not receive an OTI license or amendment are urged to contact the Office of Transportation Intermediaries.

Individuals knowing of any reason why an applicant should not receive an OTI license or amendment are urged to contact the FMC’s Office of Transportation Intermediaries.

Ocean carrier CMA CGM of France announced a general rate increase.

French ocean carrier CMA CGM issued general rate increases on various trades.

The French carrier announced general rate increases effective Aug. 15.

French ocean carrier CMA CGM issued a general rate increase from all Asian ports to all Middle East Gulf ports.

The second quarter financial results of ocean carriers NYK, MOL and “K” Line reflected a weak Asia-Europe market and strong supply pressure.

The European Commission will now conduct an in-depth analysis under the EU’s merger regulations before coming to a decision on FedEx’s $4.8 billion offer to buy TNT.

Shanghai Jiangnan Changxing Shipbuilding will build the China Shipping Container Lines vessels, which are scheduled for delivery in 2018.

The cost to Matson could be as much as $15.4 million, and the ocean carrier will cease its molasses operations in Honolulu as part of the settlement.

The Canadian train and aircraft manufacturer in May outlined plans to list a minority stake in its rail business, but Chief Executive Alain Bellemare denied the company was considering selling […]

The less-than-truckload holding company reported a 184.5% year-over-year jump in operating income in the second quarter of 2015.

The airfreight carrier said it increased revenues 8.8 percent during a period of network expansion for the company.

The outsourced aircraft and aviation operating services provider reported a net income attributable to common stockholders of $28.4 million for the second quarter and $57.6 million for the first half […]

The John C. Munro Hamilton International Airport opened the Air Cargo Centre, in which airfreight carrier Cargojet will be the primary tenant.

The Houston-based tank barge operator’s net earnings dropped to $58.1 million in the second quarter and its consolidated revenues dropped to $543.2 million.

Kuehne + Nagel will introduce refrigerated less-than-containerload pharmaceutical services from its facility in Geel, Belgium to Singapore and Sydney, Australia.

Union Pacific and DB Schenker appoint senior executives, while Episcale hires two former American Airlines Cargo executives and Avianca’s CEO steps down.

Neptune Orient Lines, parent of ocean carrier APL, is “totally focused” on returning the liner business to profitability, NOL CEO Ng Yat Chung said during a call with securities analysts.

The South Korean shipbuilder attributed the heavy second quarter losses primarily to a 2.3 percent decrease in overall revenues from last quarter.

HNA Group Co. has agreed to acquire the airport ground handler from PAI Partners SAS for $2.81 billion.

Ocean carrier APL announced its joint ACX/NAE service with Maersk subsidiary SeaLand will drop its call at Miami in favor of a call at Port Everglades.

St. Louis-based Transport United has acquired North & South Logistics, a North Carolina-based freight broker for an undisclosed amount.

The truckload freight and logistics provider reported an 18.1 percent decrease in net income to $44 million in the second quarter of 2015 compared to last year’s second quarter.

The express delivery company introduced a new flight between its European air hub in Liege, Belgium and Tunis, Tunisia.

The cargo-dedicated airport plans to build a new air cargo terminal and a new air traffic control tower.

Hapag-Lloyd names new chief commercial officer, while the Long Beach Board of Harbor Commissioners elects new officers and AMI appoints Africa region VP.

Senat Shipping claimed no wrongdoing or illegal activity on its part, and said the Treasury Departments action is a “misguided measure purely based on Senat’s historical dealings with OMM,” according […]

Singapore-based GLP’s $4.55 billion acquisition of IIT’s logistics assets will make it second largest logistics property owner and operator in the United States within a year of market entry, the […]

Members of the ocean carrier alliance announced they will add calls to Gothenburg and Antwerp to their Loop 7 service between Asia and Europe.

The third-party logistics provider increased net income and revenues by 15.1 percent and 3 percent, respectively, in the first half of 2015 compared to the same period last year.

The Georgia Ports Authority will operate the facility in the northwest portion of the state, which is expected to attract shippers from surrounding states as well.

The U.S. Department of Transportation’s Maritime Administration is providing $500,000 to Sandia National Lab for the study of a high-speed hydrogen fuel cell vessel as a clean energy alternative.

The trucking company’s revenues dropped in the second quarter year-over-year, but its balance sheet remains strong.

The ocean carrier announced plans to invest over $30 million in new equipment following its May 29 acquisition of Horizon Lines.

The containership owner accepted the first in a series of 14,000-TEU vessels being chartered to ocean carrier Yang Ming.

Construction began on Container Terminal 4 at Jebel Ali Port, which will increase the port’s capacity to 22.1 million TEUs by 2018.

Express carrier UPS said it has entered agreements to obtain up to 46 million gallons of hydrocarbon-based fuels over the next three years, a 15-fold increase over earlier contracts.

Columbus, Ohio’s Rickenbacker International Airport handled about 102 million pounds of cargo in the first half of 2015, a 40 percent increase over the same period last year.

The Canadian port handled double the steel tonnage since the seaway opened in April through the end of June compared to the same period last year.

The cargo division of Qatar Airways announced it will add Djibouti to its freighter network Aug. 1.

Meanwhile, drayage drivers at Pacific 9 Transportation continue their strike in an attempt to be reclassified as employee drivers.

Roadrunner’s CEO Mark DiBlasi said the purchase of Stagecoach Cartage will expand its trucking network in the Southwest U.S. and along the Mexican border.

United Parcel Service Inc. grew its net income 9.9 percent in the second quarter despite revenues at the package delivery and logistics company falling 1.2 percent compared to the same […]

The port solutions service provider and dry warehousing company announced it acquired Charleston Freight Station, Inc.

The Netherlands-based express carrier reported an operating income of 19 million euros for the second quarter of 2015.

The U.S. Department of Agriculture said the changes to the program will allow license holders to more easily adjust to changing market conditions affecting the dairy sector.

The trucking and distribution services provider for importers has expanded its national reach to one of the nation’s major ports.

Brazil’s newest container terminal, Brasil Terminal Portuário, handled its one millionth container since operations officially began in November 2013.

The third-party logistics company announced its plan for a 100,000-square-meter logistics hub in Tuas, Singapore.

Locus Traxx Worldwide has named its VP of logistics, while Dunavant Logistics has appointed several operations managers.

“We’re reaping the benefits of a strong regional economy and labor uncertainty on the West Coast,” New York and New Jersey Port Director Richard Larrabee said of the results.

Georgia Ports Authority said TEU volumes in Savannah have climbed almost 17 percent in the past 12 months.

Foreign Minister Sameh Shoukry said Monday that Egypt is capable of protecting the new waterway that runs alongside the existing canal.

Meanwhile, maritime consultant Drewry said it believes the sale of G6 Alliance member APL’s parent company Neptune Orient Lines is unlikely at this time, despite the line being a “habitual […]

Freight volumes and revenues should continue to increase substantially over the next 11 years thanks to continued population growth, expansion of the U.S. energy sector and foreign trade, according to […]

New orders for manufactured durable goods increased 3.4 percent to $235.3 billion in June led by strong orders for transportation equipment.

The railway reported net income dropped 23 percent in the second quarter of 2015 compared to second quarter 2014.

IAG Cargo and Finnair Cargo have entered a block-space agreement for freighter capacity operating between London’s Luton and Helsinki airports.

The Busan Port Authority and the Korean government plan to further strengthen the port’s cargo trans-shipment capabilities to handle 13 million TEUs of trans-shipment cargo by 2020.

The intermodal transportation service provider reported net income fell $0.2 million compared to the second quarter of 2014 despite a 1 percent in crease in revenues.

The U.S.-flag Norfolk will give the company additional capabilities to move heavylift cargo.

Ocean carriers Maersk Line, MOL and UASC announced general rate increases.

UASC appoints new chairman and vice chairman, while Matson names Alaska VP.

Officials from the California Department of Transportation plan to partially reopen the closed-off section of the important freight thoroughfare Friday.

Harold Daggett was elected for a second term as ILA president, while his son, Dennis Daggett, was elected executive vice president of the East Coast dockworkers’ union.

Ocean carrier Hanjin recently added calls to Sohar, Oman and Bandar Abbas, Iran on its FMX service between Asia and the Middle East.

FedEx Express agreed to purchase 50 additional Boeing 767-300F aircraft with an option for 50 more as part of the company’s fleet modernization effort.

The agreements between the port, terminal operators and the Environmental Protection Agency is aimed at reducing emissions from idling trucks and terminal equipment.

The Hong Kong-based ocean carrier said the Asia-Europe trade was hit particularly hard during second quarter 2015.

The freight forwarder and logistics provider reported consolidated net profits increased, while gross profits and net forwarding revenue decreased in the first half of 2015 compared to the same period […]

Cargolux Airlines said 76 percent of its flights were operating normally despite the Luxembourg LCGB union beginning a 24-hour warning action against the airfreight carrier.

The railway reported second quarter net income of $1.2 billion, down 7.2 percent compared with the second quarter of 2014.

The Government of Canada and Port Metro Vancouver agreed to fund $6 million each towards the installation of shore power for containerships at two of the port’s terminals.

The temperature-sensitive truckload carrier reported net income increased 40.4 percent in the first half of 2015 compared to the first half of 2014.

Kuehne + Nagel will offer weekly less-than-containerload services for pharmaceutical shippers from Belgium to Singapore and Sydney,

Dunavant Logistics has added a Memphis, Tenn. drayage terminal and warehouse, as well as a warehouse in the Houston, Texas area.

A deal for the Chicago-based transportation management service provider would be worth at least $1.8 billion, according to initial reports from Bloomberg Business.

Federal Maritime Commissioner Mario Cordero is pressing terminal operators to justify a recent increase in PierPass fees, which they claim still do not fully pay for night and Saturday operations.

Net income at Canadian Pacific Railway increased 5 percent to $390 million Canadian in second quarter 2015 compared to second quarter 2014, according to the company’s most recent financial statements.

Three Florida family members were indicted for their alleged participation in a scheme to defraud Miami-area lenders and the U.S. Export-Import Bank.

The trucking and logistics company reported a 24 percent increase in net income compared to the second quarter of 2014.

The cargo division of Air China announced it will be the first and only Chinese cargo line to launch a direct cargo service between Shanghai and Alberta, Canada’s capital, Edmonton.