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Company says it will “take actions necessary to improve profitability by increasing operational efficiency and adjusting price where appropriate.”
The trucking and logistics company increased year-over-year net income by 14 percent compared with 2013.
US Ocean, the U.S.-flag vessel-operating subsidiary of Houston-based Intermarine, has recently taken delivery of the vessel Ocean Globe.
HMM taps Inchcape for Australian liner business, Pilot Freight Services sets revenue record in 2014, Reddaway and Troy Container Line start new services, Northwest Innovation Works relocates its corporate headquarters […]
TQL names a new president, while AIAG elects is new chairman.
Port congestion is causing layoffs and inability to reach overseas consumers.
Port authority says container volumes last year were 5.4 percent higher than in 2013.
Justice Department said sentence is first against an executive in its roll-on/roll-off shipping investigation.
Philadelphia handled 449,122 TEUs of cargo, or 22.2 percent more than the 367,499 TEUs it did in 2013.
Norfolk Southern and the Brotherhood of Locomotive Engineers and Trainmen on Friday reached a new collective bargaining agreement.
From the investigation, ITC will provide an overview of recent and current trends in Cuban imports of goods and services.
Senior executive appointments were made at “K” Line, Cardinal Logistics and Swissport.
Port director’s tenure has seen projects to deepen harbor, raise Bayonne Bridge, expand marine terminals and intermodal rail.
Hueneme CEO says port could offer relief valve for congestion.
Analysts from IHS Maritime & Trade predict continued increases in fatal incidents in both the shipping and passenger sectors.
According to IHS Maritime and Trade, attacks on the port city of Mariupol have severely disrupted trading and the transport of fuel and industrial supplies in the Ukraine.
Carriers are benefiting from lower oil prices, but face capacity overhang.
Despite total cargo volumes being down at the French port, container traffic increased by 7 percent.
Ethiopian Airlines extends partnership with Liège Airport and ISS Palumbo U.K. acquires project cargo forwarder, while DFW International Airport opens Logistics Center I and CMA CGM opens a new agency […]
American Trucking Associations and Weber Logistics announce executive promotions.
Port of Long Beach CEO said ports are in a “perfect position” to play this role.
Flexi-Van executive says “misplaced” chassis have aggravated congestion.
ICTSI Oregon says actions against it are “far beyond what other West Coast ports are experiencing.”
Preliminary figures from the Association of Asia Pacific Airlines indicate a 5.4 percent increase in air freight from 2013.
Net income for Canadian National Railway increased 21 percent compared with 2013.
AAL’s new Japan operation, TNT begins daily service to Istanbul, and CenterPoint builds a container yard for 3PL KW International.
C.R. England named two executives to HR positions and the Port of Houston reappointed Dean Corgey to the port commission.
DHL pilot with its customer Ricoh showed augmented reality technology increased efficiency in picking process, with uses in transportation and last mile delivery also possible.
Strong container and steel volumes led the way for a record year at the port.
Turnover rate among large U.S. truckload carriers increased 1 percent to an annualized rate of 97 percent in the third quarter of 2014.
The Federal Aviation Administration has proposed civil penalties against a large U.S. carrier and two shippers for alleged U.S. hazardous materials rules violations.
The Taiwan-based ocean liner will charter the 18,000-TEU ships from Shoei Kisen Kaisha, Ltd.
Facility to help Port Santa Marta handle perishables.
CEVA and Total Quality Logistics opened new offices, while Dorian Drake and Davies Turner announced new strategic partnerships.
Hansa Heavy Lift promotes from within, while Bibby Ship Management hires a new regional managing director.
Belgian port reports record growth thanks to container and liquid bulk sectors.
Railway and intermodal provider set records for revenues and earnings in 2014.
The new string is not part of MSC’s 2M alliance with Maersk.
Norfolk Southern said it will close its Roanoke, Va. office later this year and relocate the functions therein to either Atlanta or Norfolk, Va.
Employers “hopeful that this will allow us to move toward conclusion of an agreement in the near term.”
National Waterways Foundation study shows economic impacts and benefits of modernizing the aging U.S. inland waterways freight transportation network.
Ports using contingency anchorages as number of ships waiting for berths grow.
Maersk Line’s newest regional ocean liner division hosted Governor Rick Scott and members of the press at its new office in Miramar.
Schedule reliability indexes becoming important parameter in ocean carrier selection.
Annual conference expected to cover congestion, omni-channel and analytics.
Is there such a thing as a good tax? Many would quickly respond – “heck no.” Or, “aren’t we taxed enough already?” American businesses are subject to […]
Investment in new chassis for international 20-foot and 40-foot containers “went off the edge of a cliff” around 2007, but Stuart James, vice president of sales at Hyundai Translead, […]
With container trailers in short supply, some shippers and truckers are creating dedicated fleets.
Chris Koch is retiring as chief executive officer of the World Shipping Council in July, 15 years after he was hired to set up what has become the principal […]
Container Analytics with Ben Meyer Two months ago, this column took a detailed look at slow steaming, the practice of adding a vessel to a loop and extending total […]
Leading chassis companies expect “gray pools” by peak season.
Intermodal reefer startup has gradually gained business, despite tough conditions.
Transporting 480-foot lengths of railroad track on specialized vessel means fewer welds.
With hundreds of thousands of containers facing huge delays at West Coast ports in recent months and many companies incurring huge bills for demurrage and detention, a recent 9th […]
Great Lakes vessel operators, shippers seek second large icebreaker for U.S. Coast Guard.
A congressional watchdog agency said the Agency for International Development could do more to assist AGOA countries develop export strategies.
Arkansas-based intermodal carrier sees growth in all divisions, aided by lower fuel prices, but offset by increased costs in hiring and retaining drivers.
Railroad sees increased volumes in nearly all commodity groups.
Freight analyst FTR says trucking companies seek to build capacity in anticipation of strong freight environment in 2015.
Union leader says restricted night operations amount to a “mini lockout.”
No contract talks planned with Pacific Maritime Association Thursday.
With car carrier nearly upright, salvors plan to tow it from anchorage to port.
Timothy E. Marsh, former executive vice president of COSCO’s North America Trade Division, has joined CP as senior vice president of sales and marketing.
New York-based tanker company chose 24-year OSG veteran to lead the company.
U.S.-flag Great Lakes carriers cite a mild December and less ice for their ability to transport 6.3 million tons of iron ore that month.
Carrier will guarantee next-day document delivery to London’s financial district from New York, Boston and Chicago.
The Port of Amsterdam will help with the development of a master plan to renovate and upgrade Benin’s Port of Cotonou.
A white paper by TMS provider GTG Technology delves into how the e-commerce giant’s anticipatory shipping patent might affect logistics for small and medium retailers.
Improved rail access is seen as key to developing new logistics center.
Agency is also planning a February discussion of environmental issues at ports.
Yusen Logistics Australia has opened its sixth warehouse in Sydney.
The Commerce Department has determined that light truck and car tire imports from China have been dumped on the U.S. market.
Longshoremen are planning rallies tomorrow in Los Angeles and Tacoma.
The carrier dropped a call to Savannah in favor of a new call to New Orleans on its Victory Bridge service.
Acquisition expands Radiant’s footprint and service offerings, as well as cross-selling opportunities in the Canada market.
According to the American Trucking Association, truck tonnage increased 3.5 percent for 2014.
Port says its third busiest year ever is the result of growth in exports, empty containers.
TNT has upgraded its international freight service to Germany by offering guaranteed next-day delivery to all postal codes in the country.
CEVA Logistics has opened a new 208,406-square-foot facility with 30 dock doors in Elk Grove Village, Ill., adjacent to Chicago.
The administration also proposed new incentives for private investment in projects and developing a 30-year transport assessment.
Vessel classification society DNV GL has opened a new office in Nanjing in central China.
Founder of G-Log now leads TMS provider 3Gtms, which is offering a program that allows shippers to reduce transportation spend with no upfront cost.
The carrier will increase capacity by over 40 percent between the North Atlantic and Puerto Rico.
Automated terminal contends workers do not want collective bargaining agreement.
Workers will try to clear backlog from terminals.
Transpacific Stabilization Agreement’s 15 members plan plan $600 per FEU hike.
Salvors plan to move stricken ro-ro ship to Southampton later this week.
The ocean liner carrier leased two 800-TEU barges for service to Puerto Rico.
A 5.3 percent increase in imports to nearly 2.4 million TEU was reported by the port.
The freight forwarder and logistics provider will expand its network with new centers in Morocco and Kenya.
Agency wants local businesses to get a piece of its spending.
Councilman believes ports have taken “another step closer to a lockout.”
Canadian National Railway Company and Teamsters union agreed on a four-year deal for controllers in Canada.
Two logistics providers joined forces to create Kerry-Puninar Logistics in Indonesia.
Hamburg, Germany-based Hansa Heavy Lift, together with Oaktree Capital Management, has completed new financial arrangements with the banks.
Hoegh Autoliners has signed a 10-year contract to call at Port Freeport in Texas.
Seaspan reported there were no injuries or environmental consequences from the grounding of the MOL Express in Tateyama Harbour.
Combined retail sales for November and December were the highest since 2011.
AIIS said U.S. steel exports slid 5.6 percent from October to November, falling below 1 million net tons for the first time since February 2014.
Cargo transported across the Great Lakes by U.S.-flag vessels in December “rebounded significantly,” according to the Lakes Carriers’ Association.
