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Energy and Water Development Appropriations Bill substantially increases funding to the Army Corps of Engineers for waterway and port infrastructure projects during fiscal year 2016.
Analysts see no let up in rate volatility as big ship deliveries continue.
According to the denial order, the Iraq-based carrier sought to acquire for Mahan Air at least two Airbus aircraft that were located in the United States.
Investment firm Avondale Partners expects truckload pricing to increase 4%-9% in 2015.
Rates were down again in April 2015 after falling 1.6% in March 2015, according to the latest Cass Intermodal Price Index.
Port of Dammam terminal operator International Ports Services set a record for the first four months of 2015.
A $90 million project will allow increased exports of potash, LNG and other commodities.
The company’s 17,000-square-meter facility guarantees immediate availability to ULDs, maintenance and repair services at Germany’s largest air traffic hub.
Industrial logistics property developer will add a distribution center near the Georgia port and truck depot in Joliet.
Old Dominion Freight Line changes up chief executives, while Satellite Logistics Group adds to IT leadership.
The Southern California port plans to acquire 3,000 container chassis in two steps.
Harbor Trucking Association also received a grant that will expand its training program for truckers.
Ocean carrier has agreed to order 10 containerships with 2,800 TEUs of capacity, with more orders possibly on the way.
Shanghai-based shipping company Min Sheng Lines says it has ambitions for additional services as well.
The Japanese ocean carrier will deploy a series of new 7500-unit capacity roll-on/roll-off cargo ships on the project beginning in July.
Marine vessels using alternative technologies to reduce particulate emissions will see dues reduced by up to 30% at the Belgian port.
Port Catoosa in Tulsa, Okla., handled 146,687 tons of cargo at its dock in April, less than in March due to reduced fertilizer volumes departing the port.
The Georgia Ports Authority board earlier this week approved a $5.85 million expenditure for 20 new refrigerated container racks at its Garden City Terminal.
Envirotainer names COO, while UPS appoints engineering VP and V.Group hires new communications head.
The Pacific Maritime Association voted to approve the deal in advance of the International Longshore and Warehouse Union member ratification vote Friday.
Recent statistics from Drewry and CargoSmart show on-time performance at 67.6 percent on the three major east-west trade lanes.
Participation of east-west carriers in four large alliances is “cause for concern,” according to John Lu, chairman of the Singapore National Shippers’ Council.
Revenues fell for the Israeli carrier as it withdrew from trades that are not part of its long-term focus.
UPS agreed to pay $25 million to resolve allegations that it submitted false claims to the U.S. government in connection with its delivery of next-day packages.
Ocean carriers look to launch their new joint service between the United States East Coast, Central America and South America in late June or early July.
The U.S. International Trade Commission has determined that domestic manufacturers of 53-foot dry shipping containers aren’t harmed by similar Chinese imports.
The index increased 1% compared to April of 2014, according to the American Trucking Associations.
The 84-member crew of the Fugro Symphony was evacuated after a fire broke out on the ship early Wednesday morning.
Pennsylvania potato chip maker will use the web-based system and services to optimize its more than 1,000 transportation lanes from Louisiana to Maine.
Kalmar, a subsidiary of Cargotec, has received an order to supply another 18 rough-terrain container handlers to the U.S. Defense Department.
The Swedish furniture retailer said the proposed combined distribution hub would serve the inventory needs of its stores throughout the U.S. Midwest.
Murray Grindrod Sr., who worked at Grindrod Ltd. for 50 years, 21 years of which he served as chairman, died May 16.
Since they are so critical to trade, negotiations between dockworkers and employers should be governed in same way as railroads and airlines, argues Diana Furchtgott-Roth.
The Port of Long Beach increased throughput of containerized cargo by 7.9 percent last month.
The 2M Alliance partners will share space with G6 Alliance member MOL on two loops between Asia and the East Coast of South America.
Ocean carrier says “there are no indications” any oil leaked from the NYK tanker Takamine despite reports to the contrary.
C.H. Robinson appoints global forwarding president, while CEVA Logistics names healthcare sector VP.
A federal jury cleared the executive of charges related to a Puerto Rico price fixing case.
Mitigating factors impacted the expected rebound after the resolution of contentious ILWU-PMA port labor contract negotiaitons, according to the southern California port.
Roll-on/roll-off and bulk ships are being worked with Peru’s navy helping to work general cargo ships after a brief strike by dockworkers.
French ocean carrier increased container volumes 10.8 percent compared to first quarter 2014.
The ocean carriers’ China-Surabaya Express Service connects ports in China with Malaysia, Singapore and Indonesia.
Mitsubishi Cement has agreed to several measures to mitigate air pollution at the Port of Long Beach site.
Less-than-truckload carrier Dayton Freight has opened a new cross-dock facility in Brownstown, Michigan.
Non-MSP carriers worry they could lose more business under a new deal that would allow more local sourcing of food aid.
Container derivatives broker at Freight Investor Services in London cites reports that Maersk is cutting rates to Europe.
U.S. District Court Judge Charles Breyer denied the company’s motion, which alleged FedEx is protected from litigation as a common carrier.
The mission will introduce U.S. healthcare-related firms to the region and promote exports of U.S. healthcare products.
The integrated logistics provider increased net profits in first quarter 2015 thanks to 1% growth in company revenues.
The NYK Lynx came to the aid of a sailor in distress 260 miles off the Galapagos Islands in the Pacific Ocean.
The freight forwarder’s jetcargo division has started a new weekly air cargo service linking Hong Kong to Chicago and Houston.
Norfolk Southern names new marketing chief, while Momentum Transportation appoints operations VP.
Owner of the Alpine Eternity says the effort to resolve commercial dispute has been complicated by sanctions against Iran.
Cargo thefts in the United States were down 14% year-over-year by volume in the first quarter, but up 25% in value, according to the FreightWatch International Q1 2015 U.S. Cargo […]
Worldwide Flight Services says it will accelerate its growth through opportunities and acquisitions under the ownership of the global investment firm.
Shipment volume and payments were up for the third month in a row despite first quarter GDP increasing only 0.2 percent, according to the latest Cass Freight Index Report.
Revenues from ocean carrier APL decreased as the company eliminated unprofitable capacity, according to NOL’s most recent financial statements.
The Panama Canal Authority registered more than 2,008 transits by dry bulkers, which is 257 more transits than in the previous fiscal year period.
Australia’s Supreme Court of Victoria on Thursday approved the arrangement under which Japan Post Co. will acquire all of the shares in Toll Holdings.
Non-vessel-operating common carrier CaroTrans has started a new weekly less-than-containerload service from Montreal, Canada, to Le Havre, France.
The airfreight carrier says it will increase cargo capacity in Germany by 18%.
The supply chain arm of LeanCor, creator of Lean and Six Sigma leadership principles, and logistics provider Sunland will cooperate closely, but remain separate companies.
Korean company returned to profitability thanks to a boost from its ocean carrier division.
A.P. Moller Maersk reported a record-setting $1.6 billion in profits for the first quarter, thanks in part to Maersk Line profits of $714 million.
The Northern California port is planning weekend terminal gates and off-dock yards for container pick-up and delivery.
New legislation introduced in the U.S. Senate seeks to provide the government with more data about port performance.
The German ocean carrier attributed the nearly 44% jump in revenues primarily to its acquisition of Chilean carrier CSAV.
Total Quality Logistics said it will invest $1 million to open a new sales office in downtown Memphis.
The forwarding and customs brokerage arm of FedEx Corp. said the new facility will enhance its service offerings in the Atlanta market.
James H. Evans, former chairman of Union Pacific Railroad chairman, died May 11.
The North American bulk chemical transportation specialist and logistics service provider agreed to an all-cash purchase price equivalent to $16 per share.
French ocean carrier will develop and operate a logistics platform in the port of Mariel with the Cuban logistics company AUSA.
APMT said the Charleston business was seen as a non-core asset.
Deutsche Post DHL Group saw net profits fall 1.4% in first quarter 2015 despite an 8.8% increase in revenues.
Combined annual revenues from the trucking industry were over $700 billion for the first time ever in 2014, according to a new report from American Trucking Associations.
Ocean carriers AAL and Peter Döhle, both specialists in multipurpose heavy-lift cargo, have entered into a global cooperation agreement.
The railway’s new Canadian terminal will connect businesses in Montreal with markets in the eastern United States
The United States and Armenia have entered into a Trade and Investment Framework Agreement.
Third party logistics services provider Yusen Logistics (Americas) has opened a larger facility at the JFK International Airport Center in Springfield Gardens, N.Y.
Worldwide Express, Inmar appoint VPs, while Troy Container Lines announces retirement of VP Gimbert.
Union says it will strike APMT’s North Pier terminal, which handles 35 percent of Peruvian cargo, starting Wednesday.
Jacksonville, Fla.-based Caribbean Shipping Services operates primarily in the Puerto Rico market, specializing in refrigerated freight forwarding.
Ports plan to submit the agreement to the Federal Maritime Commission in June.
Daewoo Shipbuilding will build more mega-ships for the Danish ocean carrier, according to recent media reports.
The ocean carrier’s new China East Coast Express 2 will connect ports in China and Southeast Asia with the United States East Coast via the Suez Canal.
The ocean carrier’s Puerto Rico facility will serve new LNG-powered con/ro vessels coming into service in 2017.
The Northern California port blamed a decline in exports on a stronger dollar.
Drivers at the FedEx Freight service center in Chicago Heights, Illinois voted to reject union representation.
The airfreight carrier will begin twice weekly flights to Charles de Gaulle Airport May 22.
Bi-National Gateway Terminal has taken a 20-year lease on 49 acres at the edge of one of the airport’s four runways, where it will construct a major cargo-handling facility.
Third party logistics services provider Pilot Freight Services has expanded to Mexico City, where it’s operating under the name Pilot de Mexico.
Steel exports increased to 896,027 net tons in March, 2 percent higher than in February, but 13.8 percent less than the same period last year, AIIS said.
The Commerce Department has released the 11th edition of its guide to assist small and midsized enterprises with exporting.
Working with other universities, the MSU center will focus on research, education and training in safety and integration of UAS into the nation’s airspace.
Sunteck and Rand Logistics name senior executives, while TIACA and Shipbuilders Council of America top off boards.
Industry analyst Hackett Associates expects volumes to increase in coming months, but freight rates to fall.
U.S. rates dropped, but transpacific carriers plan significant rate increases in June and July.
The Israeli ocean carrier introduced a second weekly service between Asia and the East Coast of South America, expanding its port coverage in the trade.
The dedicated weekly feeder service will connect ports in Vietnam, Singapore and Malaysia.
The United Kingdom’s largest container port has commissioned two new Rail Mounted Gantry cranes at its North Rail Terminal.
