Stay up to date on your No. 1 source for the latest logistics, freight and transportation news from FreightWaves, your award-winning source for transportation news. Subscribe now.
Ship Finance International Ltd., a shipowning company that is affiliated with various companies controlled by the shipping magnate John Fredriksen, announced it has agreed to acquire two car carriers. […]
Third party logistics services provider Globe Express Services (Overseas Group) has appointed Michael C. Hughes to president, chief executive officer, and board member, effective Dec. 1. Current CEO […]
Crowley Maritime Corp. has appointed Steve Demeroutis to vice president of marine operations for its petroleum and chemical transportation group. Rudy Leming will assume Demeroutis’ former position as vice […]
At the request of the United States, the World Trade Organization has established a dispute settlement panel to address China’s imposition of antidumping and countervailing duties on U.S. automobiles. […]
BT Global Services has released new cloud-based capabilities for its BT Trace solution, which is designed to help companies manage their complex global supply chains. “Companies with a […]
Canadian National Railway said it had a profit of C$664 million ($670 million) in the third quarter, about 1 percent more than the C$659 million earned in the same […]
OSG had 112 ships in its fleet, 67 owned and 45 chartered, and had two under construction. It operates a highly diversified fleet that encompasses crude, product, and gas tankers […]
Protests continued Monday in Colon, Panama, over a law that allows for the sale of land in the Colon Free Trade Zone, according to the English-news Website Panama Guide. […]
The express carrier said it had a profit of $469 million in the third quarter, 56 percent down from the $1.07 billion earned in the same 2011 period.
Hub Group reported record profit of $18.5 million for the third quarter ended Sept. 30, an increase of 14 percent compared to the $16.2 million earned in third quarter […]
Seaboard Marine said earlier this month it completed the purchase of the Mare, a 974-TEU container vessel. The ship arrived has been renamed the Seaboard Atlantic. The […]
The U.S. Export-Import Bank has renewed a 12-month export credit insurance policy for Wells Fargo to enable the export of American cotton to Menderes Tekstil Sanayi ve Ticaret A.S., […]
JetBlue Cargo has opened a new station at the Bermuda airport. The operation is overseen by Herbie Siggins, general manager. The Bermuda station is accessible to JetBlue’s […]
The U.S. Export-Import Bank entered an agreement with trade credit insurer Coface North America Insurance Co. to provide reinsurance. The bank introduced its reinsurance product two years ago […]
Revenues in the first nine months of this year were $4.47 billion, 7 percent more than in the first nine months of 2011. Volumes for the same period was 3.9 million TEUs, […]
The logistics services provider Kuehne + Nagel Belgium said Monday it has built a logistics e-commerce platform and warehouse management system for the toymaker LEGO Group. LEGO direct-to-consumer […]
The U.S. Justice Department has intervened in a lawsuit that claims the Houston-based stevedore, Jacintoport International LLC, a division of Seaboard Corp., overcharged for loading food aid cargo.
The liner carrier MOL said Friday it met internal intermodal transit on-time performance targets for five of 18 origin-destination pairs in the third quarter of 2012. The carriers […]
The U.S. Commerce Department has initiated antidumping and countervailing duty investigations of hardwood and decorative plywood imports from China.
Bahri, formerly the National Shipping Company of Saudi Arabia, said it had a profit of 60.2 million Saudi Riyal ($16.1 million) in the third quarter ending Sept. 30, compared […]
Benjamin Port commissioners at the Port of Oakland late Thursday placed Executive Director Omar Benjamin on paid administrative leave following revelations of employees submitting improper travel expenses, including a reimbursement […]
Kansas City Southern had a net profit of $90.7 million in the third quarter, compared to $100.1 million in the same 2011 period. The railroad said revenues hit […]
Southeastern Freight Lines, a Lexington, S.C.-based regional less-than-truckload carrier, has expanded its business in Texas by opening a new service center in Fort Worth. The new facility features […]
The Federal Mediation and Conciliation Service said Thursday it has stepped into contract talks between several locals of the International Longshore and Warehouse Union and Pacific Northwest Grain Handlers.
Liberty Maritime says proposed changes keep U.S.-owned firms out of MSP. By Chris Dupin A New York shipowner says proposed changes in the Maritime Security Program (MSP) would lock […]
“Onshoring is still in its infancy and largely limited to anecdotes. However, the scales are beginning to rebalance for some industries as global conditions evolve,” wrote Michael Dolega, TD Bank’s […]
Old Dominion Freight Line, re-opened its expanded service center in Morristown, Tenn., this week, finishing over a year-long project. The Morristown facility is one the largest among the […]
RedPrairie Corp., a supply chain and retail technology provider, appointed Gary Conway to executive vice president and chief marketing officer. He will be responsible for RedPrairie’s global marketing […]
The World Trade Organization Appellate Body on Thursday found in favor of the United States in a dispute challenging China’s imposition of duties on U.S exports of grain oriented […]
When wind energy company Iberdrola Renewable completes construction of a North American wind farm, Red Arrow Logistics comes up behind to pick up unused supplies and materials and transports them to […]
Americold, a provider of temperature-controlled warehousing and logistics to the food industry, has introduced Xpedite, a 24-hour service offering fast delivery of both less-than-truckload and truckload shipments. Xpedite […]
The terminal will initially load 30,000 barrels of crude oil per day into railcars – the equivalent of more than 50 tank cars worth – starting in the second quarter […]
RedLine Solutions, a provider of produce tracking solutions, and Junction Solutions, which offers market-specific and on-demand software to the food and beverage and multi-channel retail sectors, are partnering to […]
Union Pacific Corp. said it had a profit of $1 billion in the third quarter, compared to $904 million in the third quarter 2011. Operating revenue for the […]
U.S. Bank, a large volume freight payment provider, plans for continued growth of its transportation business by hiring two new managers. Keith Stopyra joins the bank’s Corporate Payments […]
CHEP Aerospace Solutions has acquired Frankfurt, Germany-based eps-Aircraft Services GmbH, a cargo and galley equipment repair services provider. This follows CHEP’s recent acquisition from Nordisk Aviation Products in […]
The Port Authority of New York and New Jersey is developing a strategic plan for the next 20 years, says Richard M. Larrabee, director of the authority’s Port Commerce […]
CSX Corp. had a profit of $455 million in the third quarter ending Sept. 28, 2 percent less than the $464 million it earned in the same 2011 period. […]
The Athens-based containership chartering company Costamare Inc. said it’s selling 7 million shares of stock to raise funds for capital expenditures, including vessel acquisitions and other general corporate purposes, […]
Chapman Freeborn Airchartering has expanded its on board courier (OBC) services with the opening of a new office in Hong Kong. The company – which has offices in […]
ChemLogix, a provider of chemical industry transportation management, technology, and supply chain consulting services, has launched a new freight brokerage service as part of its Capacity Management program. […]
Third-party logistics provider Kane Is Able has appointed Don Mogan to vice president of customer solutions, and Adam Zaranski to director of customer solutions as part of its business development […]
Americold, a temperature-controlled warehousing and logistics provider to the food industry, appointed Allison Aden to executive vice president and chief financial officer. In this role, Aden is responsible […]
The Retail Industry Leaders Association (RILA) has appointed David Jackson as senior director of customs and industry compliance. Jackson is an international trade attorney with experience representing companies […]
HID Global, a provider of logistics-oriented radio frequency identification (RFID) tag solutions, was picked by Bodega Norton winery in Argentina to refine its harvesting process. The Irvine, Calif.-based […]
TSC Container Freight, the non-vessel-operating common carrier and freight forwarding arm of The Scoular Co., will enhance its rail service visibility by deploying Descartes Systems Group’s IES Web Tracking solution. […]
Accellos, a Colorado Springs, Colo.-based provider of supply chain software, said Accel-KKR has made a “strategic” equity investment in its business. Accel-KKR is a leading technology-focused private equity […]
H.S. “Smitty” Thorne has been named deputy director and chief operating officer of the Alabama State Port Authority, which owns and operates the state’s deep-water port facilities at the Port […]
COSCO Container Lines said Monday it plans to hike rates on both the transpacific and Asia-Europe trades in the coming weeks. The eastbound transpacific increases, effective Dec. 1, […]
The Advisory Committee on Supply Chain Competitiveness will highlight the role that freight infrastructure and advise on policies to boost exports of American-made products.
Canaveral Port Authority said a Civil Works Review Board for the Feasibility Study for Canaveral Harbor on Oct. 3 gave unanimous approval for submission to the U.S. Army Corps […]
The Swiss forwarder and logistics company Panalpina warned further weakening of air freight volumes will impact its profitability. “After a weak July and an improvement in August, we expected […]
Cargolux, Europe’s largest all-cargo airline, has entered an agreement to have CHEP Aerospace Solutions manage its cargo containers through 2017. Cargolux and CHEP, which previously operated as Unitpool, […]
Alemán Zubieta Alberto Alemán Zubieta, the former administrator of the Panama Canal, will be presented with the Container and Intermodal Institute’s “Connie Award” on Dec. 10 during a luncheon in […]
The United States and Israel on Monday signed an agreement to ease burdens on U.S. companies, especially smaller manufacturers, seeking to export telecommunications products to Israel, while maintaining the […]
Aljex Software has integrated TransCore’s DAT Direct into its transportation management system. Aljex customers can now access DAT capabilities directly from Aljex without opening a second application or […]
The Japanese carrier expects worldwide demand for PCTC transport to “steadily expand” and its four new vessels on order will transit the new Panama Canal locks when operational in the autumn of 2014.
William J. Shea, chief executive officer of DCLI, said his firm’s participation in the CCM pools “will increase flexibility for our customers and supplement our existing extensive chassis supply network.”
The U.S. Transportation Department said it’s scrapping obsolete ships in the Suisun Bay Reserve Fleet in California at a faster than anticipated pace. In 2010, the Maritime Administration […]
The U.S. Transportation Department’s Maritime Administration said it will award $2.36 million to six state maritime schools. MarAd awarded $392,913 each to the California Maritime Academy in Vallejo, […]
Talks between the International Longshoremen’s Association and U.S. Maritime Alliance on a new labor contract will continue this week with assistance from the Federal Mediation and Conciliation Service (FMCS).
Non-vessel-operating common carrier Troy Container Line will add new LCL services to and from South America this month. Weekly service will begin out of New York on Oct. […]
Strong performance by its intermodal business helped J.B. Hunt Transport Services report a profit of $78.2 million in the third quarter ending Sept. 30, compared to $68.7 million in the […]
Marygrace Collins, vice president of New York-based Bulkore Chartering, was elected president of The Federation of National Associations of Shipbrokers and Agents (FONASBA) at the organization’s 43rd annual meeting in […]
Chicago-based law firm Freeborn & Peters LLP has formed a transportation team. The industry-focused group will address the legal needs of companies across the transportation sector, particularly those […]
The U.S. Commerce Department on Thursday reported the country’s exports fell 1 percent in August to $181.3 billion. Imports also declined 0.1 percent to $225.5 billion. Overall, […]
Maher, which has a 445-acre terminal in Elizabeth, N.J., said in complaint filed at U.S. District Court in Newark that the port authority’s charges and fees are unlawful because they […]
The Port of Virginia handled 182,318 TEUs in September, an increase of 11 percent when compared with totals from the same month last year. Year-to-date, the port has […]
Hong Kong Air Cargo Terminals Ltd. (Hactl) has appointed Vivien Lau to managing director of its Hacis (Hong Kong Air Cargo Industry Services Ltd.) subsidiary. She replaces Kenneth […]
InterManager, an international trade association for in-house and third-party ship managers, has appointed Gerardo Borromeo to president. Borromeo, who was elected unopposed at Thursday’s InterManager meeting in Copenhagen, […]
Founded in 1959, UOS provides marine transportation services for dry bulk and break-bulk commodities in the United States. It operates the largest U.S.-flag Jones Act dry bulk fleet today (131,000 deadweight […]
Just over one month after slowing to a seven-week rotation, ocean carrier Maersk Line has added an eighth vessel to its weekly Middle East-to-South Africa MESA service, further increasing roundtrip […]
The International Chamber of Shipping (ICS), a shipowner group that says it represents over 80 percent of the world’s merchant fleet, has reiterated its opposition to proposals from the […]
The U.S. Export-Import Bank has authorized a $117.5 million loan guarantee supporting exports of Boeing 737-800 planes to flydubai, a low-cost airline owned by the Dubai government. The […]
Through their new multi-year agreement, both companies will supply and sub-lease containers to and from each other. Matson will also provide rail line-haul services, primarily on the CSX and BNSF […]
The Commerce Department on Wednesday announced its final determinations affirming Chinese-made solar cell imports are both dumped on the U.S. market and benefit from Chinese government subsidies. Dumping occurs when a […]
Industrial safety specialist Castell Interlocks has developed a data-gathering and analysis solution to maximize loading dock efficiency. Salvo DockMonitor integrates with the company’s Salvo Loading Dock Safety System to […]
Unisource Logistics Solutions, part of Norcross, Ga.-based Unisource Worldwide, has introduced a new ULS Freight App, now available for Apple and Android devices. The ULS Freight App provides […]
Agricultural Transportation Coalition (AgTC) members continue to have concerns about announcements made by many carriers in August and early September that they might impose $800 to $1,000 surcharges.
The company said its PacNet acquisition will give it “market leadership positions in retail and lifestyle sectors in Australia and further strengthen its position in air freight from China to Australia.”
FedEx Corp. announced Tuesday evening programs that it expects will improve annual profits by $1.7 billion during the next three years, with a significant portion of the benefits achieved […]
RedLine Solutions, a provider of fresh produce track and tracing technology, has launched a new Website (http://www.redlineforproduce.com), which features a blog by RedLine’s leadership, education Webcasts, how-to videos, and […]
The Panama Canal Authority said a record amount of shipping passed through the waterway during the fiscal year that ended Sept. 30. The canal uses an unsual measurement […]
The bulk shipping trade association Intercargo has appointed John Platsidakis to chairman. Platsidakis is currently managing director of Piraeus-based Anangel Maritime Services, a position he will continue to […]
Maritime service provider Inchcape Shipping Services has appointed Nigel Pusey to chief commercial officer. The newly created position focuses on commercial strategy for ISS and development of products and […]
The U.S. Council for International Business has appointed Barbara Wanner to vice president for information, communications and technology. Wanner comes to USCIB from the Coalition of Services Industries […]
INTTRA on Tuesday released its Shipping Application Delivery Platform for rapid integration and deployment of individual applications of solutions in existing logistics, transportation management or ERP systems. “Now shippers […]
The U.S. Justice Department has charged a Customs and Border Protection officer, his girlfriend and an associate in Brownsville, Texas, for engaging in a multi-year bribery and alien smuggling […]
Memphis, Tenn.-based IMC Cos. has acquired more than 1,500 container chassis from OOCL (USA) and is speaking with other trucking companies about creating a pool to buy chassis from other ocean carriers.
The research firm forecasts continued growth in perishable reefer cargo for 2012, and said “beyond that, population growth levels and GDP levels will see trade increase at an average rate of […]
PeopleNet, a provider of onboard computing and mobile communications systems for fleet management, said trucking company J.B. Hunt Transport Services has picked it for fleet-wide EOBR (electronic onboard recorder) […]
Crowley Maritime Corp. has promoted Danny Hall, formerly vice president of former subsidiary Jarvis Freight International, to vice president of strategic business development for Crowley’s logistics team. David […]
Next Generation Logistics, a developer of transportation management software and supply chain consulting services, and Data Masons Software, a provider of EDI and XML solutions, entered a technology partnership. […]
The U.S. International Trade Commission has started an investigation into the global competitiveness of the U.S. commercial olive oil industry. The investigation, “Olive Oil: Conditions of Competition between […]
Schenker Ltd., the U.K. arm of DB Schenker Logistics, on Monday opened a new headquarters building at London Heathrow. The 9,900-square-meter facility will also be the main air […]
The U.S. Export-Import Bank is scheduled to hold a series of trade finance seminars in cities throughout Vietnam, one of the bank’s nine key markets, from Oct. 10-16 as […]
IBM has introduced a new version of its inventory optimization solution – ILOG Inventory and Product Flow Analyst (IPFA). The latest version of this product, part of IBM’s […]
APL Logistics (APLL) said Monday it has signed an agreement to buy out the interests of two other companies – Legend Holdings Co., Ltd. and Beijing Willway Information Technology […]
